Latest Market News

PMET Resources has received a non-binding Letter of Interest from Société Générale to act as Mandated Lead Arranger for debt financing of the Phase 1 development of its Shaakichiuwaanaan lithium project in Quebec, advancing its syndicate-building strategy ahead of an updated feasibility study.

Treasury Wine Estates (ASX:TWE) unveils its Ascent transformation, targeting $100 million annual savings, portfolio focus on Power Brands, and a leaner supply chain to lift margins and reduce leverage by FY28.

Bayan Mining has kicked off its first-ever drilling campaign at the Desert Star Rare Earth Project in California, aiming to test promising high-grade surface mineralisation and geophysical targets near the Mountain Pass mine.

Blue Star Helium has secured a three-month helium offtake agreement with a major US industrial gases player, establishing a cash flow foundation as it advances longer-term contracts and CO2 commercialisation.

Noodlecake Studios, via Streamplay Studio, has secured a global multi-platform publishing deal for the anime-inspired action title 'Tiebreakers', targeting mobile, PC, and console release in late 2027. Early reveal content attracted over 175,000 views within 24 hours, underscoring strong initial interest.

Evion Group’s Panthera Graphite Technologies joint venture posted a US$530,000 EBITDA in its first full year of commercial production, operating at just 20-25% capacity and setting the stage for substantial earnings growth.

Helix Resources has boosted the inferred Mineral Resource at its Gold Basin project in Arizona to 280,000 ounces of gold, underpinning its farm-in strategy and advancing development prospects.

Conrad Asia Energy appoints Peter Botten as Executive Chairman and initiates CEO search amid transition to gas producer with first gas targeted for late 2027.

FireFly Metals secures ATO Class Ruling confirming its in-specie distribution of Bellavista shares as a capital return, not a dividend, clarifying tax treatment for Australian shareholders.

The Supreme Court of New South Wales has approved schemes of arrangement that transfer Nova Minerals' ownership to a new US holding company, with ASX trading set to suspend immediately.

DXN Limited has landed a landmark A$8.8 million contract to deliver a 1.36MW AI High Performance Computing modular data centre for a US-based neo-cloud operator, marking a significant entry into the global AI HPC market.

Elanor Investors Group appoints David McNamara as CEO, signaling a leadership shift following a balance sheet recapitalisation and strategic reset. The Board also sees key transitions with Tony Fehon moving to a non-executive role and Su Kiat Lim stepping down.