Latest Market News

Champion Iron has finalized its US$300 million acquisition of Norwegian iron ore producer Rana Gruber, securing over 92% ownership and setting sights on full integration and delisting. The deal enhances Champion's high-purity iron ore portfolio and strengthens its position in the green steel supply chain.

International Graphite Limited (ASX: IG6) and ALKEEMIA have achieved graphite purification exceeding 99.9% total graphitic carbon across diverse concentrate samples, reinforcing their joint venture plans to build a major processing hub in Italy.

GQG Partners reported a decline in funds under management to USD 162.5 billion at the end of March 2026, driven by significant net outflows partially offset by strong investment returns amid market volatility.

Dalaroo Metals has launched trading on the US OTCQB market, broadening its investor reach without diluting shares, while progressing its Greenland rare earth project with promising exploration results.

Infinity Mining (ASX:IMI) has pinpointed significant gold and copper anomalies in the Pilbara, with historic samples hitting 240 g/t gold and 7.8% copper. The company plans surface sampling and drilling this winter, while appointing geologist Steven Wood to its board.

Nelson Resources has secured a Native Title and Mining Agreement with the Nyalpa Pirniku People, clearing a key hurdle for mining leases at the Yarri Gold Project near Kalgoorlie. MEGA Resources will fully fund up to A$10 million in initial development, accelerating the project towards a mining decision.

Black Cat Syndicate has fully transitioned its Lakewood facility to process ore exclusively from its Fingals and Majestic mines, supported by a $20 million expansion plan to increase capacity and operational flexibility.

Ragusa Minerals has appointed a new director with North American expertise, is gearing up for geophysical surveys at its Purple Pansy manganese-gold project, and is close to completing its acquisition of Pegasus Tel Inc.

Metallium Limited has marked a pivotal quarter with over 40 Flash Joule Heating campaigns completed and a strategic capital raise boosting cash reserves to A$82 million. The company is gearing up for multi-reactor operation at its Texas campus, underpinned by long-term agreements with Indium Corporation and Glencore.

Critical Resources (ASX:CRR) has launched a systematic surface exploration program at the underexplored Corona Pegmatite Field, aiming to expand its Mavis Lake lithium resource in Ontario, Canada. The initiative complements the Gullwing exploration and supports CRR’s vision of developing a multi-deposit lithium district.

Pure Resources has appointed Rocco Tassone as interim CEO for six months, tasking him with steering the company through a leadership transition and advancing its Garnet Hills Project and thermal management technologies.

Magnetic Resources NL has lodged a draft Scheme Booklet with ASIC and ASX, marking a key step in its proposed acquisition by Genesis Minerals Limited. The booklet includes an independent expert’s report, with shareholder approval expected by mid-2026.