Latest Market News

Sierra Nevada Gold (ASX, SNX) advances its Nevada gold projects with high-grade results and a new mining permit, while pursuing exploration licenses in Saudi Arabia and raising A$9.65 million in a strategic placement.

Iondrive Limited has advanced its battery recycling ambitions by securing key partnerships in the US and Australia, commencing pilot plant construction, and gaining substantial government funding support.

Alcoa Corporation reported a net income of $232 million for Q3 2025, driven by strategic asset sales and operational milestones including the permanent closure of its Kwinana alumina refinery and the sale of its Saudi Arabia joint venture stake.

MyEco Group reported a modest 2% sales increase in Q1 FY26, driven by strong council channel growth that offsets U.S. tariff-related setbacks. Operational restructuring and regulatory tailwinds underpin its medium-term outlook.

Magnum Mining & Exploration has partnered with Homerun Resources to explore innovative, environmentally friendly rare earth element separation technology using ultra-pure silica sand and graphite. This collaboration could reshape processing methods for Magnum’s Brazilian REE projects.

Nanoveu’s subsidiary EMASS has partnered with Arrow Electronics to accelerate the deployment of its ultra-low-power ECS-DoT edge AI chip, aiming to simplify always-on AI integration across multiple industries.

Advance Metals has intersected visible gold at a record depth of 465 metres at its Happy Valley deposit, suggesting a high-grade gold system extending over 500 metres vertically and open in all directions. Assay results are pending, with further drilling fully funded by a recent $13 million capital raise.

Ragusa Minerals has agreed to acquire a controlling stake in Pegasus Tel Inc., gaining access to the Purple Pansy manganese-gold project in Arizona, a critical asset aligned with US strategic mineral priorities.

Novo Resources reported a narrowed Q3 2025 net loss amid active exploration in Western Australia and New South Wales, boosted by a significant share sale that enhanced liquidity.

Novo Resources Corp. reported a reduced net loss of CAD 9.7 million for the nine months to September 2025, supported by lower operating cash outflows and a significant post-period sale of San Cristobel Mining shares. The company maintains a cautious outlook amid ongoing funding needs.

Lynas Rare Earths is set to boost its Heavy Rare Earths production with a new separation plant in Malaysia, aiming to meet rising global demand outside China. The A$180 million project will leverage Lynas’ Mt Weld deposit and local resources to supply critical materials for advanced manufacturing.

Renergen Limited forecasts a significant rise in loss per share for H1 2025, driven by one-off transaction costs and full commissioning expenses. The company’s updated trading statement reveals losses could nearly double compared to last year.