Latest Market News

Fenix Resources’ latest Scoping Study outlines a robust plan to ramp up Weld Range iron ore production to 10 million tonnes per annum by 2031, extending mine life to 2042 with significantly reduced costs and strong financial returns.

Hartshead Resources NL has entered a binding agreement for acquisition by ACAM GP Limited, offering shareholders a 133% premium and a clear exit from development risks. The scheme is set for implementation in early 2026, pending approvals.

Flynn Gold has successfully extended high-grade gold mineralisation across a 9km zone at its Golden Ridge Project in northeast Tasmania, with drilling confirming a large-scale gold system. Meanwhile, drilling at the nearby Mangana Project is underway, promising further updates in early 2026.

CPP Investments and Goodman Group have launched a A$14 billion partnership to develop data centres across key European markets, marking CPP’s first foray into European digital infrastructure.

Tempest Minerals has agreed to sell its Yalgoo Project to Capricorn Metals for $4.5 million in cash and shares, with additional payments tied to future discoveries and production milestones. The deal, expected to complete in early 2026, leaves Tempest retaining iron rights on key tenements while refocusing on other Western Australian assets.

Ariana Resources has reported encouraging initial assay results from its 2025 drilling campaign at the Dokwe Gold Project in Zimbabwe, revealing significant extensions beyond the current resource envelope. The company plans further drilling in early 2026 to explore these promising zones and support feasibility studies.

VRX Silica Limited has announced a strategic leadership transition with Tony Swiericzuk appointed as CEO, succeeding Bruce Maluish who will step down in 2026 but remain on the board. This move positions VRX to advance its Arrowsmith North silica sand project towards production.

Lefroy Exploration has made a strong start at its Lucky Strike Gold Mine near Kalgoorlie, with pre-strip mining well underway and first ore haulage scheduled for early 2026. The company is fully funded and poised to begin toll milling in February, marking a significant step toward production.

Aldoro Resources has responded to ASX queries clarifying the basis for converting performance rights linked to mineral resource milestones, confirming independent verification and board ratification. The company commits to enhanced disclosure practices going forward.

Australia and New Zealand Banking Group Limited (ANZ) has announced a quarterly distribution of AUD 1.2013 per security on its CAP NOTE AN3PK, payable in March 2026. The payment is 70% franked and subject to standard conditions and ANZ’s discretion.

Central Petroleum has secured strategic interests in the Cooper and Otway Basins through binding agreements with ADX Energy, setting the stage for a multi-million dollar expansion and planned drilling campaigns in 2026 and 2027.

Audalia Resources has completed a $540,000 placement by issuing 20 million shares, aiming to advance mining design and permits at its Medcalf Project while exploring further funding options.