Latest Materials News

Desert Metals Limited has had its trading suspension lifted following the release of new drilling results from its Adzope Gold Project, reopening investor access to the stock.

Desert Metals Limited has reported multiple high-grade gold intercepts from its initial diamond drilling phase at the King Kong prospect in Côte d’Ivoire, confirming a significant gold system over a strike length exceeding 1.4 kilometres.

Verity Resources has completed a significant infill drilling program at its Korong deposit, aiming to upgrade its gold resource classification and pave the way for future development studies.

Renascor Resources has completed key preparatory milestones for its Purified Spherical Graphite demonstration plant in Adelaide, with construction set to begin next month. The facility aims to challenge China’s dominance in battery anode materials using an innovative, eco-friendly purification process.

FAR Limited reported a sharp turnaround to a $1.8 million loss in H1 2025, driven by a $6 million claim from Woodside Energy over its Senegal RSSD Project sale. The company continues negotiations amid volatile oil prices impacting its receivables.

QMines Limited reports promising visual sulphide mineralisation in the first diamond tail drill hole at Sulphide City, advancing its Develin Creek copper-zinc project resource upgrade.

GDI Property Group reports robust leasing activity with over 32,000sqm leased in FY25, fueling a 20% increase in Funds From Operations. Strategic asset sales and refinancing position the company well for continued growth in a tightening Perth office market.

GDI has reported a strong FY25 with a 22% increase in Property Funds From Operations, robust leasing activity, and significant asset sales, while maintaining its distribution guidance for FY26.

Resolution Minerals and Snow Lake Resources have mutually agreed to halt their proposed transaction over the Horse Heaven Project, citing commercial disagreements despite no material due diligence issues.

Leeuwin Metals has identified 11 new high-grade gold targets at its Marda Gold Project, with assays reaching an exceptional 209 g/t Au. A comprehensive drilling campaign is set to begin in September 2025 to test these promising discoveries.

Carnegie Clean Energy reported a $2.33 million net loss for FY2025 but made significant strides in commercialising its wave energy technologies, supported by new loans and a US subsidiary launch.

Argo Global Listed Infrastructure Limited reported a remarkable 307% increase in profit for the year ended June 2025, alongside a 269% jump in investment income, underpinning a higher fully franked dividend.