Latest Market News

Ionic Rare Earths Limited’s IXRO securities have been suspended from ASX quotation due to non-compliance with listing rules, raising questions about the company’s regulatory standing.

ASIC has initiated civil proceedings against Fiducian’s subsidiary, alleging misleading statements and compliance failures related to a now-closed investment fund. Fiducian is cooperating but remains tight-lipped as the case unfolds.

Theta Gold Mines has requested a voluntary suspension of its shares on the ASX pending a significant announcement related to funding and its TGME Gold Mine Project.

GoldArc Resources has responded to ASX inquiries about recent unusual trading activity, attributing it to early-stage mining discussions and anticipation of assay results from its Leonora South Gold Project.

Summit Minerals Limited has announced a fully underwritten entitlement offer to raise approximately $1.08 million, aimed at advancing its Brazilian exploration projects and funding potential acquisitions. The offer, priced at $0.03 per share, is open to Australian and New Zealand shareholders and is expected to dilute non-participating shareholders by about 25%.

Askari Metals has announced a $1.5 million rights issue to fund a maiden drilling campaign at its Nejo Gold and Copper Project in Ethiopia, aiming to unlock significant value in a promising underexplored region.

Hydralyte USA reports an 11% sales increase in Q3 2025, driven by strong summer demand and the launch of its innovative Hydralyte Plus Brain Support product featuring nootropics.

Altitude Minerals has clarified the recent spike in its share price and trading volume, attributing the market activity to its acquisition of the Firenze silver and gold project and a successful capital raise.

NexGen Energy has expanded its Australian equity offering to AUD 600 million alongside a concurrent C$400 million North American deal, aiming to accelerate development of its flagship Rook I uranium project.

Cobram Estate Olives has successfully closed a $6.1 million Share Purchase Plan alongside a $2 million shortfall placement, fueling its US growth ambitions. The capital raise complements a recent $175 million institutional placement, underpinning the company’s strategic farmland acquisitions and olive grove developments in America.

Xenora Minerals has successfully raised $2.1 million through a two-tranche placement to fund ongoing exploration at its Dudley Lithium Project in South Australia, positioning the company with a strong cash balance heading into the final quarter of 2025.

Kuniko Limited has completed the earn-in agreement to acquire up to 70% of the Commonwealth Gold-Silver Project in NSW’s Lachlan Fold Belt, with drilling set to commence soon. This milestone expands Kuniko’s portfolio of strategic minerals critical to the energy transition.