Latest Strategic Shift News

Chilwa Minerals advances its critical minerals exploration with over 3,000 metres drilled at key deposits, a strategic assay lab shift to South Africa, and expanded local lab operations to support growing activity.

Rand Mining reported a solid March quarter with 4,909 ounces of gold produced and ongoing underground development, though cash reserves dipped to $2.33 million reflecting operational pressures.

Hudson Investment Group is actively exploring sale and joint venture opportunities for key properties while managing a negative cash flow quarter, signaling strategic shifts ahead.

Asara Resources has raised $2.3 million to advance exploration at its flagship Kada Gold Project in Guinea, appointed Matthew Sharples as CEO, and awarded a major drilling contract to Capital Drilling Guinea-SA. The company also completed the sale of non-core Burkina Faso assets, signaling a sharpened focus on its core gold interests.

Iondrive Limited confirms strong financial metrics for its proprietary DES battery recycling technology, progressing pilot plant development and divesting exploration assets to sharpen focus on commercialisation.

H&G High Conviction Limited has completed a major asset divestment, distributing over 63 million Hancock & Gore shares to its shareholders and signaling potential delisting and strategic shifts ahead.

Core Lithium Ltd progresses its Finniss Lithium Project Restart Study, securing full ownership of site infrastructure and reporting promising gold exploration results at Shoobridge.

Lumos Diagnostics reported a 21% quarter-on-quarter revenue increase in Q3 FY25, driven by strong product sales and expanded development agreements. The company also secured Medicare coverage in key US regions and advanced its pivotal FebriDx CLIA waiver study with FDA submission expected by year-end.

Odessa Minerals reports significant progress in uranium exploration at its Lyndon Project, highlighting multiple mineralisation types and upcoming field activities. The company also announces key board changes, positioning itself for strategic growth.

Titomic Limited has entered a strategic teaming agreement with REPKON USA to jointly develop and apply its kinetic fusion cold spray technology for advanced defense manufacturing, focusing on repairs and performance enhancements of critical military assets.

Great Boulder Resources delivered strong March quarter results with multiple high-grade gold intersections at Mulga Bill and Eaglehawk, while advancing pre-development at Ironbark through a new mill collaboration and scoping study.

Perenti’s underground mining arm Barminco will cease operations at the Khoemacau Copper Mine in Botswana by June 30, 2025, marking the end of a six-year contract amid financial challenges.