Latest Market News

Contact Energy's December 2024 report reveals a modest dip in mass market electricity sales but highlights improved netback prices and significantly lower generation costs, signaling operational efficiency gains.

Titanium Sands Limited confirms that retention applications for its lapsed Orion Exploration Licences are approved in principle, with formal renewals pending amid Sri Lankan regulatory delays. The company remains confident in progressing its Mannar Island Project and securing necessary environmental and mining approvals.

NuEnergy has finalized the Gas Sales and Purchase Agreement for its Tanjung Enim project and is advancing drilling preparations, marking a key step toward production and revenue generation.

Latin Resources Limited will be suspended from ASX trading following court approval of its acquisition by Pilbara Minerals Limited, marking a significant consolidation in the Australian minerals sector.

Betashares Mrtn Currie Eqy Inc Fund (EINC) units have been suspended from trading on the ASX as of 22 January 2025, following a prior announcement in December 2024.

Resource Base Limited reports a solid cash position of $1.06 million and ongoing lithium exploration progress at its Wali and Ernst Lake projects in Quebec, alongside rare earth element developments in Australia.

Global X Management (AUS) Limited has announced estimated distribution amounts for its Australian-listed ETFs for the period ending January 31, 2025, providing clarity on upcoming income payments.

Australian Pacific Coal Limited has responded to ASX inquiries regarding recent unusual trading activity, confirming no undisclosed information exists and affirming compliance with listing rules.

DXN Limited has landed a $0.6 million contract with Kiribati’s state-owned BwebwerikiNET Limited, boosting its FY25 project wins to $1.8 million and reinforcing its foothold in Micronesia’s critical data infrastructure.

The ASX has released its latest list of entities suspended for over three months, outlining critical deadlines for outstanding report lodgements and potential removal from the official list.

Vinyl Group Ltd has updated the timeline for its Entitlements Offer, delaying the final allotment of underwritten shortfall securities to January 28, 2025, with shares to be listed the following day.

Cokal’s joint venture partner PT Petrindo has secured significant financing to develop its metallurgical coal mine and shared infrastructure, promising enhanced transport capacity and cost efficiencies for Cokal’s BBM project.