Latest Market News

Prodigy Gold NL is proposing a significant 1-for-20 share consolidation aimed at streamlining its capital structure and enhancing its share price attractiveness ahead of its upcoming AGM.

Cochlear Limited has updated its dividend details, confirming a fully franked ordinary dividend of AUD 2.15 per share for the first half of 2025, with payments available in multiple currencies based on shareholder location.

Hastings Technology Metals and Wyloo have formalised their joint venture for the Yangibana Rare Earths Project, with Wyloo taking a 60% stake and cancelling A$123 million in exchangeable notes, significantly de-risking the project and reducing Hastings’ funding burden.

Resouro Strategic Metals has amended its private placement terms, aiming to raise CAD 3 million to fund engineering work for its Tiros Titanium-Rare Earths Project in Brazil.

Core Energy Minerals has appointed Anthony Greenaway as Managing Director, aiming to leverage his extensive exploration expertise to advance its uranium and rare earth projects in South Australia and Brazil.

Peel Mining has appointed a new leadership team with deep mining and capital markets expertise, aiming to unlock significant value from its copper and polymetallic assets in the prolific Cobar region. The company signals a strategic shift towards targeted exploration, regional consolidation, and disciplined growth.

LTR Pharma has acquired a one-third equity stake in LevOmega Pty Ltd at no cost to shareholders, positioning itself in the growing pharmaceutical-grade omega-3 sector. This strategic move complements LTR’s existing intranasal pharmaceutical portfolio and aligns with its innovation-driven growth strategy.

Pacgold Limited has launched an extensive exploration campaign at its St George Gold-Antimony Project in Queensland, deploying soil sampling and geophysical surveys ahead of planned drilling.

Locksley Resources reports robust metallurgical testwork from its Mojave Project, confirming high antimony recoveries and concentrate grades that support a domestic US supply chain. The results align with US strategic priorities for critical mineral independence.

Estrella Resources has reported substantial high-grade supergene manganese intersections at its Ira Miri project in Timor-Leste, highlighting promising mineralisation near key infrastructure. Assay results are pending, but early visual estimates suggest significant resource potential.

Vault Minerals projects steady gold production in FY26 with growth through FY28, driven by key plant upgrades and the anticipated restart of Sugar Zone operations. The company plans significant capital and exploration investments while preparing to fully unwind its hedge book.

WestStar Industrial's subsidiary SIMPEC has landed a $4 million contract to enhance capacity at Tianqi Lithium's Kwinana hydroxide processing plant, marking a significant step in Australia's clean energy infrastructure.