Latest Valuation News

Zenith Minerals has acknowledged Forrestania Resources’ completed capital raising and acquisition of the Edna May Gold Project, but the takeover process remains subject to the Takeovers Panel’s final orders. Further disclosure from Zenith is still pending.

Brazilian Rare Earths has commissioned its Stage I beneficiation pilot plant in Bahia and produced its first rare earth mineral concentrate. Partners will contribute R$6.4 million, or about A$1.7 million, towards the next hydrometallurgical stage planned for commissioning in Q2 2027.

Barton Gold has secured approval for the environmental scope governing development studies at its Tunkillia gold and silver project in South Australia. The milestone moves the project towards a Mining Lease application, with updated resources, Ore Reserves and a pre-feasibility study targeted for the first quarter of 2027.

Talonx Resources has identified copper and broader base-metal exploration potential across its 1,000km² Kihabe Project in Botswana, supported by historical copper intersections and established zinc-lead-silver resources. The immediate task is to turn an exploration thesis into drill-ready targets, with no new drilling or copper resource reported in the announcement.

Clara Resources has converted the sale of its non-core Kildanga nickel-cobalt project into $2.1 million of unconditional cash consideration, including $150,000 already received. The remaining $1.95 million is due by 30 September and is earmarked largely for drilling at Mareeba.

Paterson Resources is set to start an extensive drilling campaign at its Grace Gold Project, aiming to upgrade its 200,000-ounce inferred gold resource and extend high-grade mineralisation along a 1.3km strike in the Paterson Province.

Pacific Current Group has rejected a non-binding offer from Roc Partners, citing valuation and shareholder fairness concerns, while continuing to review a separate proposal from River Capital involving a potential share issuance at $13 per share.

Iondrive Limited’s updated evaluation of its IONSolv™ technology projects a US$243 million post-tax NPV and US$62 million annual EBITDA for a single rare earth recovery module in the US, driven by high feedstock grade assumptions and independently validated recoveries.

Mader Group has initiated a $30 million on-market share buy-back, signalling confidence in its valuation and financial strength while maintaining its growth strategy.

Ingenia Communities Group has turned down a $4.75 per security indicative offer from Warburg Pincus, affirming its commitment to a growth strategy anchored by the Peet acquisition and long-term sector tailwinds.

Savana US Small Caps Active ETF (ASX:SVNP) reversed last year’s loss to deliver a AUD 1.37 million profit for FY 2026, lifting net assets to AUD 5.94 million amid steady investor inflows and solid US small cap equity performance.

S&P Dow Jones Indices has announced its September 2026 quarterly rebalance for the S&P/ASX indices, with significant reshuffling across major benchmarks effective before market open on September 21.