Latest Market News

Sierra Nevada Gold has begun refurbishing underground access at its New Pass Mine in Nevada, backed by metallurgical tests showing up to 97% gold recovery using conventional processing. The company targets trial mining and near-term cash flow from the high-grade Superior Vein.

Tivan Limited has confirmed its Speewah Fluorite Project can produce premium acidgrade fluorspar suitable for hydrofluoric acid, backed by positive technical assessments from Asian end-users. The company is advancing pilot production and finalising offtake agreements with Sumitomo Corporation and JOGMEC.

Predictive Discovery Limited has finalized its acquisition of Robex Resources, creating a combined entity aiming for over 400,000 ounces of gold production annually by 2029. The merger consolidates two key West African gold projects under one ASX and TSX-listed company.

American Uranium (ASX:AMU) has kicked off a $2.58 million pro rata rights issue at a 3.1% discount to fund expansion drilling and technical studies at its flagship Lo Herma ISR Uranium Project ahead of a Q3 scoping study.

Hartshead Resources has secured regulatory consent from the North Sea Transition Authority for its acquisition by ACAM GP Limited and updated the indicative timetable for the scheme of arrangement, pushing key shareholder and court dates into mid-2026.

Alcoa Corporation reported a sharp rise in first quarter 2026 net income to $425 million, driven by higher aluminium prices and a completed smelter restart, even as alumina production and shipments declined due to seasonal and external disruptions.

Zip Co reported a 41.5% jump in third quarter cash EBTDA to $65.1 million, driven by accelerated US transaction volume growth of 43.1% and steady credit losses. The company upgraded its FY26 cash EBTDA guidance to at least $260 million, highlighting robust profitability and expanding customer engagement.

Amplitude Energy has locked in a binding gas sales agreement with AGL Energy for 20 PJ of gas from the East Coast Supply Project, contingent on drilling results and set to start in mid-2028.

Abu Dhabi-based private equity firm Axight is set to acquire a minority stake in La Trobe Financial Group, with Brookfield Asset Management maintaining majority ownership and operational control.

New Zealand King Salmon (NZX: NZK) has sharply upgraded its FY26 earnings guidance, citing better-than-expected summer fish growth and lower mortality. The company now expects pro-forma EBITDA between $19 million and $27 million, up from $9 million to $15 million previously.

Meridian Energy's March 2026 report reveals robust retail sales growth and healthy hydro storage despite falling electricity futures prices, prompting a downward revision of FY26 capital expenditure guidance.

Contact Energy Limited has issued 4.99 million shares at NZ$9.42 each as scrip consideration to acquire a stake in King Country Energy. The shares will be escrowed for 12 months, marking a strategic expansion without a capital raise from existing shareholders.