Latest Market News

Godolphin Resources has released a Scoping Study for its Lewis Ponds project in NSW, revealing strong economics with a 12-year mine life and a pre-tax NPV of AUD$481 million under conservative metal prices.

PM Capital Global Opportunities Fund Limited has raised its full-year dividend guidance to 13.5 cents per share following a stellar 22% portfolio return in the first half of FY26, significantly outperforming key market indices.

TG Metals Limited has reported significant new drilling results from its Van Uden Gold Project, revealing thick, high-grade gold intercepts that extend mineralisation beyond current resource boundaries. These findings underpin an upcoming resource update and signal promising development prospects.

Prospect Resources has raised A$45 million through a strategic equity placement to accelerate drilling and studies at its Mumbezhi Copper Project in Zambia, aiming to expand its mineral resources and advance project development.

Swoop Holdings has completed the placement of its entitlement offer shortfall, raising an additional $0.7 million and bringing total proceeds to $10 million. Notably, non-executive directors have subscribed for half of the shortfall shares, pending shareholder approval.

SportsHero Limited has raised $4.3 million through a private placement, including a significant commitment from its CEO, to accelerate its HeroPlay rollout across Southeast Asia.

Power Minerals has reported strong final results from shallow auger drilling at its Santa Anna Project in Brazil, confirming high-grade niobium and rare earth mineralisation from surface to end of hole. The company has now commenced a 10,000-metre deep drilling campaign to explore and extend this promising mineral footprint.

Kaiser Reef Limited has raised its production target at the Henty Gold Mine to 35,000 ounces per annum by late FY2027 while accelerating exploration and development activities at its Maldon Gold Project, all funded through operational cash flow.

Red Mountain Mining has initiated metallurgical test work on high-grade samples from its Oaky Creek Antimony Prospect, advancing the Armidale Antimony-Gold Project towards commercial validation. This move aims to de-risk the asset ahead of drilling and capitalise on strong early exploration results.

St George Mining has acquired 166 hectares near its Araxá Project in Brazil to host processing facilities, advancing development of a world-class niobium and rare earths mine. The move supports a fast-tracked pathway to production amid rising global demand.

Abacus Storage King has reported a 4.8% increase in statutory net profit to $71.1 million for the half-year ended December 2025, alongside a $3.7 billion asset base and plans to potentially internalise management functions.

Tivan Limited has taken significant steps forward at its 100% owned Molyhil Tungsten Project, awarding major engineering contracts and preparing for a maiden drilling program aimed at expanding its resource base.