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Summit Minerals appoints Dr Matthew Cobb as CEO, suspends drilling at Barra Lithium, and pivots to prioritize wholly owned Brazilian projects with drilling permits nearing approval.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Energy Action Ltd reported a robust 22.7% increase in revenue to $2.7 million for Q3 FY25, alongside positive operating cash flow and continued investment in its AI-driven Utilibox platform, signaling strong momentum in energy management innovation.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Alchemy Resources Limited reported a modest net cash outflow in operating activities for Q1 2025 but ended the quarter with a robust cash balance supporting over 17 quarters of funding.
Maxwell Dee
Maxwell Dee
30 Apr 2025
New Frontier Minerals Limited reported a cautious but stable cash flow position for Q1 2025, ending the quarter with $686,000 in cash and liquid investments valued at nearly $1.4 million. The company projects funding to sustain operations for approximately 1.5 quarters, relying on liquid assets and potential capital raises.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Red Mountain Mining has advanced exploration across its Fry Lake, Armidale, and Kiabye projects, identifying promising gold and antimony targets and preparing for follow-up drilling and sampling programs.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Peak Rare Earths made significant strides in the March 2025 quarter, progressing its Ngualla Rare Earth Project, securing A$8.5 million in capital, and benefiting from a surge in rare earth prices driven by growing EV demand and evolving Chinese regulations.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Antipa Minerals has consolidated its Paterson Province tenements into the expansive Minyari Project, resumed full ownership of Wilki and Paterson Projects following partner withdrawals, and launched a major drilling campaign targeting resource growth and new discoveries.
Maxwell Dee
Maxwell Dee
30 Apr 2025
RTG Mining has locked in a US$30 million financing facility with Glencore to fund the initial stage of its high-grade Mabilo Copper and Gold Project in the Philippines, while advancing exploration and development at its Chanach and Panguna projects.
Maxwell Dee
Maxwell Dee
30 Apr 2025
EMVision Medical Devices has commenced the pivotal clinical trial for its emu™ bedside brain scanner aimed at FDA clearance, while advancing its First Responder device through successful aeromedical testing and ethics approvals. The company maintains strong cash reserves of $12.58 million to support ongoing innovation and clinical activities.
Ada Torres
Ada Torres
30 Apr 2025
Rent.com.au Limited reported a net cash outflow of $497k in Q3 FY25 but secured a $1.7 million capital injection through a fully-underwritten entitlement issue to support ongoing operations.
Sophie Babbage
Sophie Babbage
30 Apr 2025
Morella Corporation has made significant progress in lithium and rubidium exploration across its Western Australian projects, while securing fresh funding through a recent share placement to support ongoing drilling and resource definition.
Maxwell Dee
Maxwell Dee
30 Apr 2025
Deterra Royalties Limited reported a 4% increase in portfolio revenue to AUD 61.9 million for the March 2025 quarter, driven by robust iron ore royalties and record gold margins. The company also marked a major milestone with the Final Investment Decision and full funding secured for Phase 1 of the Thacker Pass Lithium Project, targeting production in 2027.
Maxwell Dee
Maxwell Dee
30 Apr 2025