Latest Market News

CZR Resources has completed a $75 million cash sale of its Robe Mesa iron ore asset, leaving it debt-free and well-funded for aggressive exploration. The company is gearing up for drilling programs across its gold, copper-zinc-silver, and iron ore projects in Western Australia.

CZR Resources has launched a significant drilling campaign at its Croydon gold project in Western Australia, backed by a strong $69 million cash position following the Robe Mesa sale. The company targets extensions of high-grade gold mineralisation and potential Hemi-style intrusions near a major regional deposit.

Patronus Resources (ASX, PTN) reveals a robust financial position with $70 million in cash and investments against a market cap near $100 million, underpinned by 2.3 million ounces gold equivalent resources in Tier-1 Australian jurisdictions. The company’s active exploration and strategic acquisitions signal promising growth ahead.

Auravelle Metals has wrapped up its second targeted drilling campaign in South Australia, testing promising gold zones and a significant calcrete anomaly, with assay results due in the coming weeks.

Vulcan Steel has successfully closed its entitlement offer, raising A$87.1 million to fund the strategic acquisition of Roofing Industries Limited. The retail shortfall bookbuild sold shares at a premium, rewarding shareholders who did not fully participate.

MEC Resources has responded to ASX inquiries about unusual trading activity, confirming no undisclosed information but highlighting ongoing Federal Court proceedings involving its investee company.

BPH Energy has responded to ASX inquiries about unusual trading activity, confirming no undisclosed information and highlighting ongoing Federal Court proceedings related to the PEP 11 project.

Rio Tinto has updated its 2025 interim dividend details, confirming a fully franked USD 1.48 per share payout with flexible currency payment options and a Dividend Reinvestment Plan.

Commonwealth Bank of Australia announces a fully franked quarterly distribution of AUD 1.1484 per security on its PERLS XVI hybrid notes, reflecting a 4.6% annualised yield.

Commonwealth Bank of Australia announces a fully franked quarterly dividend of AUD 1.1222 per PERLS XV capital note, payable in December 2025, reflecting steady income for investors.

Vulcan Steel has successfully closed its retail entitlement offer, contributing to a total capital raise of approximately A$146.5 million. The new shares will begin trading next week, marking a significant step in the company’s growth trajectory.

Commonwealth Bank of Australia announces a fully franked dividend of AUD 1.1047 per security on its PERLS XIV capital notes for the quarter ending December 2025, with payment scheduled for mid-December.