Latest Market News

Norwest Minerals has announced a substantial 33% increase in the gold resource at its Bulgera Gold Project, now totaling 288,400 ounces following a comprehensive 3D geological model revision. This upgrade coincides with renewed drilling efforts aimed at further expanding the resource base.

Mach7 Technologies maintains its FY25 revenue growth guidance with strong recurring revenue gains, despite a modest shortfall in contracted annual recurring revenue. The company also advances its share buyback program, signaling confidence in its financial position.

Netwealth Group Limited has reported a record $15.8 billion in Funds Under Administration net flows for FY25, marking a 40% increase over the previous year and pushing total FUA to $112.8 billion. The company’s strong platform growth and strategic board appointment signal continued momentum.

Kinterra Capital GP Corp. II has increased its takeover offer for New World Resources Limited to A$0.062 per share, presenting shareholders with a superior all-cash proposal compared to rival Central Asia Metals Plc. The offer, backed by Kinterra’s 19.3% stake, aims for full ownership and potential delisting of NWR.

Galileo Mining is set to begin a 5,000-metre aircore drilling campaign at its Norseman project, targeting high-grade palladium and platinum zones to expand its existing resource base.

Buxton Resources has successfully qualified its Graphite Bull ore for full anode production with BTR New Material Group, a global leader in battery anode manufacturing. This milestone strengthens the project’s commercial appeal amid rising graphite demand for lithium-ion batteries.

Freehill Mining is progressing plans to restart mining at its Yerbas Buenas magnetite project in Chile, backed by promising bulk sampling results and a staged permit extension strategy.

Warriedar Resources has reported strong assay results from diamond drill hole RDRC069 at its Ricciardo deposit, confirming extended high-grade gold and antimony mineralisation. These findings reinforce the deposit’s growth potential within Australia’s largest open-pit antimony resource.

Lodestar Minerals announces an additional $500,000 capital raise through a third tranche placement, aiming to accelerate its exploration programs and pursue new opportunities.

Southern Palladium’s Optimised Prefeasibility Study reveals a $857 million project valuation and a 38% cut in peak capital expenditure through a staged development plan for its Bengwenyama PGM project in South Africa.

PPK Group has merged its two nanomaterials subsidiaries, White Graphene and BNNT Technology, aiming to streamline operations and enhance commercial efficiency in the boron nitride sector.

Black Cat Syndicate has significantly expanded its Paulsens Gold Operation tenure by acquiring three new tenements near the Big Sarah prospect, revealing extensive gold-bearing vein corridors. With high-grade historical and recent assay results, the company is poised to advance drilling plans in the coming quarter.