Latest Market News

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.

Auric Mining outlines a bold growth plan centered on Kalgoorlie, targeting 25,000–30,000 ounces of gold production from 2028 with a new processing facility and multiple project acquisitions.

Synlait Milk Limited confirms extended product release times and supply chain disruptions following The a2 Milk Company's update on its China infant formula business. The company maintains no FY26 guidance amid persistent industry risks.

The a2 Milk Company faces significant supply chain disruptions in China, dampening its infant formula sales and forcing a downgrade of its FY26 financial outlook despite robust demand.

Fonterra has appointed Richard Allen as its new CEO starting 1 May 2026, marking a leadership transition aimed at sustaining strategic momentum and financial discipline. Allen’s deep roots in the cooperative and global experience position him to guide Fonterra’s next chapter.

The a2 Milk Company reports robust demand for its infant formula in China but warns that supply chain disruptions, linked partly to the Middle East conflict, will dampen sales and margins in FY26.

Fonterra has completed a major $3.2 billion capital return to its shareholders through a Court-approved scheme, with payments scheduled for mid-April 2026.