Latest Market News

Canadian Phosphate Limited has improved its operating cash flow and strengthened its balance sheet through a successful capital raise and asset sale, while advancing key permits and strategic partnerships for its Canadian phosphate projects.

WestStar Industrial’s subsidiary SIMPEC has landed a $20 million contract to build a new Filtration Plant at Glencore’s McArthur River Mine, marking a significant step in its national expansion.

Odessa Minerals has identified multiple new base metal and gold prospects at its Lyndon Project through advanced hyperspectral mapping, supported by a recent $1.15 million capital raise to accelerate exploration.

Alma Metals has unveiled its most extensive and highest-grade copper intersections yet at the Briggs Copper Project, reinforcing confidence in resource expansion and advancing its prefeasibility study plans.

Pioneer Minerals has varied CEO Michael Beven’s employment terms, proposing a fresh grant of 1.2 million Performance Rights under a new Employee Share Incentive Plan, pending shareholder approval in March 2026.

Fitzroy River Corporation reported steady royalty income for the December 2025 quarter, while advancing key projects including a $40 million funding campaign for the Rafael Gas Project and a $150 million equity raise for Snowy River Gold development.

Desert Metals Limited has completed the second tranche of its placement, raising a total of $1.25 million through new shares and options issued to investors and its lead manager.

Gold Mountain Limited has delivered a transformational quarter, confirming significant rare earth and lithium mineralisation in Brazil and securing $3.57 million in fresh capital to advance exploration.

Manuka Resources has successfully passed technical due diligence for a US$22.5 million loan from Nebari, paving the way for a silver and gold production restart at its Wonawinta and Mt Boppy projects.

Jindalee Lithium has secured US government approval for its McDermitt Lithium Project’s exploration plan, reported strong drilling results, and extended exclusivity on a US SPAC listing valued at US$500 million.

Global Lithium Resources has released a strong Definitive Feasibility Study for its Manna Lithium Project, confirming its economic resilience, while also initiating an IPO to spin out its Marble Bar gold assets.

DroneShield Limited has triggered the vesting of over 9 million performance options following a significant $200 million cash receipts milestone, reflecting rapid growth and a new incentive framework.