Latest Market News

Adavale Resources (ASX:ADD) is intensifying its drilling campaign at the London Victoria gold mine, delivering promising high-grade results and expanding its footprint with new tenure acquisitions. The company targets a mid-year resource update amid ongoing assay releases and greenfield exploration.

American Uranium has started drilling the final 55 holes at its Lo Herma uranium project in Wyoming, aiming to expand and upgrade resources before a planned Q3 2026 Mineral Resource update and Scoping Study.

Fortuna Metals has appointed mineral sands marketing veteran Ian Hind to lead its marketing strategy as it ramps up drilling at the Mkanda and Kampini rutile projects in Malawi, aiming to advance resource definition and commercial viability in 2026.

FleetPartners Group Limited reported a 7.3% rise in half-year profit to $37.05 million, driven by lease portfolio growth and the integration of Remunerator. The company declared an 11.9 cent fully franked interim dividend and confirmed a positive outlook for FY26.

Light & Wonder posted modest revenue growth in Q1 2026, driven by strong Gaming and iGaming performances, while net income fell sharply due to legacy legal costs. The company maintains disciplined capital management amid ongoing macro pressures.

Orica Limited posted its strongest half-year EBIT in over 20 years at $512 million, driven by premium product demand and strategic acquisitions including Nelson Brothers. The company also initiated a $100 million cost reduction program and declared a 28.5 cent interim dividend.

Premier1 Lithium’s latest drilling at Yalgoo reveals a fresh high-grade gold zone at Carlisle and confirms a large hydrothermal system at Mt Kersey, spotlighting a new VMS corridor that could reshape resource potential.

Evolution Energy Minerals (ASX:EV1) is set to start drilling at its Chikundo Copper Project in June 2026 despite assay delays, while progressing the Chilalo Graphite Project towards first production in October 2027 with a modular development plan and clear funding milestones.

Prominence Energy has validated the presence of helium, natural hydrogen, and methane in its PEL 803 licence through initial soil gas surveys, marking a key step toward drill-ready targets.

NEXTDC has closed a A$1.7 billion subordinated hybrid securities offer fully backed by La Caisse, enhancing its liquidity to an estimated A$8.4 billion by June 30, 2026.

Hamelin Gold has been granted the Day Dawn exploration licence near the Telfer mine and secured a $180,000 co-funded drilling grant, setting the stage for a significant 3,000 metre RC drilling program targeting high-grade gold mineralisation.

Amcor posted a 77% jump in Q3 net sales fueled by the Berry acquisition, delivering synergy gains above expectations and updating fiscal 2026 guidance amid geopolitical headwinds.