Latest Market News

Capstone Copper has resolved a significant labour dispute at its Mantoverde mine in Chile, ratifying a new three-year agreement that ends a strike and sets the stage for a return to full operations.

Cannindah Resources has announced a two-tranche placement raising approximately $15 million and a concurrent Share Purchase Plan offering eligible shareholders the chance to invest up to $30,000 at a discounted price. The funds will support drilling and exploration at the Mt Cannindah Copper-Gold Project.

Estrella Resources has ramped up extraction at its Ira Miri manganese project in Timor-Leste, targeting a significant 30,000 tonne market sample as it advances towards commercial production.

Marquee Resources Limited is advancing its early-stage gold exploration at Mt Clement, Western Australia, highlighted by standout rock-chip results at the Black Adder prospect. The company plans a focused, low-cost program in 2026 to validate targets and progress towards drilling.

WAM Active Limited has launched a $51.4 million pro-rata entitlement offer at a 7.8% discount to the recent share price, alongside a $19.3 million institutional placement to meet strong investor demand. The capital raising aims to bolster the company’s proven Australian equity investment strategy while offering shareholders fully franked dividends on new shares.

Memphasys has raised $800,000 through a share placement to accelerate the commercial expansion of its Felix™ System, following key regulatory approvals and initial revenue milestones.

Lotus Resources has completed a A$76 million placement to bolster its financial position as it accelerates uranium production at the Kayelekera Mine, aiming for steady state output and first shipments in Q2 2026.

FirstWave has unveiled a strategic shift towards AI-powered compliance management, backed by strong user growth for its Open-AudIT platform and significant cost savings from restructuring.

Kali Metals has raised $7 million through a share placement to fund further exploration at its promising Marble Bar Gold Project and lithium assets in Higginsville. The capital injection underscores investor confidence in the company’s growth strategy.

Terragen Holdings has raised A$7 million through a strategic equity raising to fund scientific research and accelerate global commercialisation, while appointing Dr Michele Allan AO as its new Chair.

Evergold Minerals has raised A$5.23 million to accelerate gold exploration at its Mt Monger and Leonora projects in Western Australia, setting the stage for imminent drilling and resource expansion.

Discovery Alaska Limited has completed a $354,000 private placement to fund exploration at its Boulder Creek Gold-Silver Project in Idaho, with additional project opportunities under review.