Latest Market News

Lotus Resources has disclosed operational challenges at its Kayelekera uranium mine, revising production figures downward and delaying steady-state output to the third quarter of 2026.

Corazon Mining has requested a voluntary suspension of its ASX-listed shares pending an announcement on drilling results and a potential acquisition, with trading halted from 12 to 15 May 2026.

FireFly Metals has completed an in-specie distribution of 60 million Bellavista shares to eligible shareholders following the sale of its Ontario gold projects. Trading in Bellavista shares begins 12 May 2026, while FireFly awaits an ATO ruling on tax implications.

The Supreme Court of Western Australia has approved the acquisition schemes allowing Li-FT Power to take full ownership of Winsome Resources, with trading suspension on the ASX set for 12 May 2026.

DGR Global has secured a $3 million investment in Savannah Goldfields, combining a tiered gold royalty with a 4.5% equity stake. The deal aims to tap into Savannah’s North Queensland gold assets and fund exploration, following DGR’s recent SolGold exit.

Comms Group Limited delivered a robust first half of FY26 with revenue climbing 39% to $37.6 million and underlying EBITDA nearly doubling to $4.5 million, driven by organic growth and the TasmaNet acquisition integration.

Acrux Limited has raised $1.6 million through a discounted share placement, attracting strong demand and offering attaching options to investors. The funds will support Phase III trials for female testosterone and a co-development deal with an international partner.

Merino & Co. secures a significant AUD 1.1 million order from its China distribution partner, marking the first major commercial milestone under its exclusive China distribution agreement and signalling growing demand for its wool products.

MFF Capital Investments declared a 10-cent fully franked interim dividend for December 2025, with plans to raise it to 11 cents by June 2026. The firm highlights disciplined capital allocation and expands global equities research through its Montaka acquisition.

Diablo Resources has acquired an 80% stake in Utah's Horn Silver Mine, a historically prolific high-grade silver asset, backed by a $3.5 million capital raise to accelerate drilling across multiple immediate targets.

ADX Energy’s HOCH-1 well in Upper Austria has revealed 4-6 metres of net gas pay across seven intervals in the Base Hall formation, moving closer to production testing after reaching 1685 metres depth.

The Takeovers Panel has declined Atlas Arteria’s bid to block Diamond Infraco from dispatching its takeover Bidder’s Statement, prolonging uncertainty over the contested offer.