Latest Market News

Peninsula Energy has completed a significant A$69.9 million equity raise backed by cornerstone investor Tees River Uranium Fund, alongside fully drawing its Davidson Kempner debt facility, setting the stage for accelerated uranium production at its Lance Project in Wyoming.

Morella Corporation reports hydrometallurgical testwork by Edith Cowan University achieving up to 89% rubidium extraction from Mt Edon samples, validating the project’s technical potential and setting the stage for further optimisation and economic evaluation.

Warriedar Resources has reported robust assay results from 50 drillholes at its Ricciardo deposit, confirming continuity of high-grade gold and antimony mineralisation within its Golden Range Project. The ongoing drilling program aims to further enhance resource confidence and potential growth.

Chilwa Minerals has completed soil sampling over 47 rare earth and niobium anomalies in Malawi, confirming key pathfinder elements and prioritizing targets for ongoing diamond drilling. The results highlight significant potential for both heavy and light rare earth elements within the company’s extensive license area.

Metallium Limited is set to commission its first Flash Joule Heating processing line in Texas by December 2025, expanding capacity fivefold and adding a second rare earth demonstration line. This move positions the company as a key player in non-Chinese critical metals refining amid tightening Chinese export controls.

Legacy Minerals has partnered with Rio Tinto in a farm-in deal that could see up to $25 million invested in exploring the vast Thomson Project in NSW for intrusion-related copper and gold deposits.

Nimy Resources reminds shareholders of the imminent closing of its Share Purchase Plan, following promising developments at its Mons Critical Mineral project and a recent $1.72 million placement.

Blue Star Helium has signed a key lease agreement with Kinder Morgan for CO2 processing equipment, advancing its Galactica Stage 1 project toward first helium and CO2 production by December 2025.

SSH Group has reported a robust 17% increase in revenue for the September quarter, underscoring strong operational performance at its Mt Fisher Gold Project.

St Barbara Limited has successfully raised A$58 million through an institutional placement to fund key growth initiatives at its Simberi gold operations, signaling confidence in its expansion strategy.

Moho Resources advances its gold exploration in Western Australia with significant tenement grants and high-grade surface samples at Bush Chook, alongside promising soil anomalies at Silver Swan North. Maiden drilling is planned for late 2025, marking a pivotal step in unlocking project potential.

European Lithium has sold 3.85 million shares of Critical Metals Corp. for US$50 million, reinforcing its strategic stake in a company with assets vital to Europe's clean energy future.