Latest Market News

Askari Metals has completed the sale of its Australian subsidiary First Western Gold, including the Burracoppin Gold Project, to Forrestania Resources, enabling a strategic pivot to its African exploration assets.

De.mem Limited has acquired Core Chemicals Pty Ltd for $2.68 million, nearly doubling its EBITDA and positioning itself to capitalise on a surging gold sector. The deal combines strong recurring revenues with significant synergy potential.

Iluka Resources reported steady Q3 production but announced suspension of synthetic rutile and Cataby mine operations from December 2025, aiming for significant cost savings. Meanwhile, rare earths refinery construction accelerates amid tightening Chinese export controls.

Iluka Resources has withdrawn its synthetic rutile sales guidance due to uncertainties stemming from Venator's sale and idling of its Greatham titanium dioxide facility. The move highlights growing market challenges and contract renegotiations in the pigment sector.

De.mem Limited has acquired Core Chemicals Ltd for approximately $3 million, significantly expanding its footprint in the Australian gold mining sector and enhancing its pro-forma EBITDA to $1.6 million.

Litchfield Minerals has intersected significant massive sulphides at the VT2 target within its Oonagalabi Project, extending the mineralised strike length to over 4km. The company is now shifting focus to the stronger VT1 conductor, promising further exploration upside.

Hawk Resources Limited has had its trading suspension lifted immediately following a significant announcement about an acquisition and capital raising, signaling renewed momentum for the mining company.

Connexion Mobility Ltd has secured shareholder approval to initiate an on-market buy-back of up to 160 million shares, aiming to enhance capital management over the next year.

Hawk Resources has raised A$5 million and secured an option to earn up to 80% of the Olympus Scandium Project in Western Australia, aiming to advance exploration of a large-scale scandium anomaly in a Tier-1 jurisdiction.

Livium Ltd has successfully raised A$4.5 million through a strategic placement to accelerate its battery recycling operations and expand into rare earth element and solar panel recycling. The capital injection will fund a new centralized processing hub and broaden its clean energy waste recycling capabilities.

XRF Scientific has reported a robust September quarter with a 16% increase in revenue, driven by strong international sales and new product launches. The company is poised for further expansion with ongoing innovation and strategic focus on global markets.

Global Lithium Resources is set to unlock value from its gold assets by spinning them out into a new ASX-listed company, MB Gold, targeting a $6 million IPO in early 2026.