Latest Market News

Adavale Resources has appointed industry veteran David Ward as Managing Director to spearhead exploration and drilling at its flagship Parkes Gold-Copper Project, aiming to unlock significant value in one of Australia’s richest mineral provinces.

Krakatoa Resources has agreed to sell its non-core Belgravia Project in New South Wales for $350,000, redirecting capital to advance its strategic Zopkhito Antimony-Gold Project in Georgia, a critical minerals asset positioned to serve European markets.

Streamplay’s subsidiary Noodlecake Studios has two titles featured in Amazon Luna’s new GameNight launch, generating A$825,000 to date and positioning the company for recurring revenue in cloud gaming.

Minbos Resources advances its Cabinda phosphate fertilizer project with key funding restructures, minority shareholder buyouts, and the start of early mining operations. Strategic partnerships and construction milestones position the company for growth despite funding delays.

WhiteHawk Limited has secured a significant strategic investment from Assetora AI & Cyber FUND I, positioning the fund as a top 10 shareholder and opening new avenues for collaboration in AI and cybersecurity.

Cosmo Metals has initiated its first-ever drilling campaign at the Spring Creek prospect within the Bingara Project, aiming to unlock the potential of previously identified high-grade gold mineralisation. This program marks a pivotal step in exploring the largely underexplored gold-antimony-copper corridor in New South Wales.

Somerset Minerals reports promising high-grade copper intercepts at its Coppermine Project in Canada, with ongoing drilling and regional surveys set to unlock further potential.

Encounter Resources has extended high-grade niobium and rare earth element mineralisation over 1km east of its initial Green deposit resource, confirming the scale of this critical minerals system in Western Australia.

Everest Metals Corporation Ltd reported a solid cash position of A$5.0 million at the end of Q3 2025, backed by a recent equity raise and ongoing exploration investments. The company’s funding runway now extends to nearly five quarters, offering a stable platform for its exploration activities.

Magnetic Resources NL reported a strong cash position after raising $35 million in equity during the September quarter, ending with nearly $38 million in cash reserves.

Viva Energy’s 3Q2025 update reveals modest sales growth driven by commercial fuel demand, refinery margin gains, and ongoing cost-cutting efforts amid leadership changes.

Bega Cheese delivered a robust FY2025 performance with a 23% rise in normalised EBITDA and a 74% jump in profit after tax, underpinned by strategic brand growth and operational efficiencies. The company raised its FY2026 EBITDA guidance and outlined ambitious plans for international expansion and product innovation.