Latest Market News

Savannah Goldfields completes drilling at Big Reef and advances exploration at Electric Light, targeting resource expansion and imminent mining at Georgetown.

Vulcan Energy has inked a €110 million fixed-price contract to build a geothermal power plant in Germany, a cornerstone for its Phase One Lionheart Project that aims to supply sustainable lithium and renewable energy for half a million electric vehicles annually.

Aspen Group has entered a conditional contract to acquire the remaining stages of the Wallaroo Shores master planned community in South Australia for $14.1 million, significantly boosting its development pipeline in a fast-growing region.

News Corporation has updated its dividend details for the six months ending June 2025, confirming an ordinary unfranked dividend of USD 0.10 per share, payable in October. The dividend will be paid in US dollars to stockholders and Australian dollars to ASX CDI holders.

News Corporation has updated its dividend details for the six months ending June 2025, confirming an ordinary unfranked dividend of USD 0.10 per Class A non-voting common stock CDI, payable in both US and Australian dollars.

Manuka Resources has received a binding debt offer to refinance existing obligations and support the restart of its Wonawinta silver and gold processing plant in early 2026, leveraging current high metal prices.

Paterson Resources has announced a $2 million capital raising via a placement and a non-renounceable entitlement offer, aimed at advancing its Grace Project in Western Australia. The offer includes new shares priced at $0.018 each and free attaching options, with proceeds earmarked for drilling, studies, and working capital.

Yancoal Australia Ltd reported a sharp 61% drop in net profit for the first half of 2025 amid falling coal prices and supply chain disruptions, despite a 15% rise in production. The company declared a fully franked interim dividend and is advancing strategic acquisitions and sustainability initiatives.

The Supreme Court of Western Australia has approved Gold Fields’ acquisition of Gold Road Resources via a scheme of arrangement, setting the stage for a significant consolidation in the gold mining sector.

Javelin Minerals Limited has announced a significant 1-for-31 security consolidation affecting its shares, options, and performance rights, set to take effect in November 2025. This move will reshape the company’s capital structure and adjust exercise prices accordingly.

Australian Unity Limited has successfully expanded its placement of new mutual capital instruments to $160 million, exceeding its initial $100 million target due to strong investor interest. This forms part of a broader equity raising including an upcoming entitlement offer.

Xstate Resources has commenced drilling operations at its Diona-1 well in Queensland, targeting promising gas reservoirs with a rapid path to market.