Latest Materials News

Medallion Metals secures ASX waiver allowing its discounted Share Purchase Plan to proceed without shareholder approval, enabling retail investors to buy shares at the same price as institutions.

GreenTech Metals has responded to an ASX price query following a sharp rise in its share price, confirming no undisclosed information beyond prior announcements. The company highlights its recent acquisition and a strong market for platinum group elements as context.

Jayride Group Limited reports a reduced quarterly loss and secures fresh capital, yet faces ongoing uncertainty over its ability to continue as a going concern during its ASX reinstatement process.

Ovanti Limited has raised $3 million through a discounted share placement to fund its expansion into the US buy now, pay later market and support ongoing litigation.

Brightstar Resources has adjusted its November gold production at Laverton Mine down to 4,652 ounces due to processing inefficiencies but remains confident in restoring recovery rates above 90%.

Austral Gold has inked major mining service agreements to advance open pit operations at its Casposo Mine, aligning with its 2026 production targets. Early production is on track, underpinning confidence in the company’s growth trajectory.

Advanced Innergy Holdings Ltd (AIH) has delivered strong audited FY25 financial results, marked by solid revenue growth, improved profitability, and strategic acquisitions, while confirming FY26 guidance and debuting on the ASX.

The Lederer Group, holding 42.7% of Elanor Commercial Property Fund securities, is pushing to replace the fund’s responsible entity and manager, aiming to reduce management fees and reshape governance.

Dart Mining NL reports encouraging 2024 diamond drilling results at its Rushworth project in Victoria, revealing multiple wide gold mineralised lodes at the Phoenix Reef prospect. The company plans to resume drilling in 2026, targeting new structural zones identified by recent interpretations.

Kalamazoo Resources has raised $8 million through a placement and launched a $2 million share purchase plan, aiming to fuel exploration and development across its gold projects.

Elanor Investors Group has agreed to step down as manager of the Elanor Commercial Property Fund, accepting $8.5 million in compensation as Lederer Group moves to assume control. The transition promises fee savings and closer alignment with investors.

DroneShield has landed a $6.2 million contract through a key reseller for delivery to a military client in the Asia Pacific region, continuing its steady revenue stream from this partner.