🕒 Tuesday 28 January 2025 Tue, 28 Jan 2025
203 Articles
Pureprofile Surges with 30% Q2 Revenue Growth, Upgrades FY25 Outlook
Pureprofile Limited has upgraded its FY25 financial guidance following a robust first half, highlighted by a 22% revenue increase and a 30% surge in Q2, driven by strong international expansion and automation adoption.
28 Jan
Victor Sage
IperionX Advances Titanium Production with First End-to-End HAMR Cycle and Key IP Acquisition
IperionX has completed its inaugural end-to-end titanium powder production cycle using its proprietary HAMR process and secured exclusive rights to breakthrough titanium technologies, positioning itself for expanded manufacturing capacity and strong market demand.
28 Jan
Maxwell Dee
Metro Mining Surges with Record Shipments and Debt Restructure in Q4 2024
Metro Mining Limited delivered record bauxite shipments in Q4 2024, alongside a successful debt restructure and strong EBITDA margins, positioning the company for growth amid rising market prices.
28 Jan
Maxwell Dee
CurveBeam AI Expands Stryker Partnership to Boost WBCT Demand in ANZ
CurveBeam AI has broadened its commercial agreement with Stryker to cover Australia and New Zealand, aiming to accelerate adoption of its HiRise weight bearing CT scanners through targeted surgeon education and promotion.
28 Jan
Ada Torres
Great Southern Mining Kicks Off New Drilling at Duketon’s Golden Boulder
Great Southern Mining has launched a fresh drilling campaign at its 100% owned Duketon Gold Project, targeting the promising Golden Boulder prospect with the aim to build on prior high-grade results.
28 Jan
Maxwell Dee
Stellar Resources Boosts Tin Grades with Breakthrough Ore Sorting at Heemskirk
Stellar Resources reports outstanding ore sorting results at its Heemskirk Tin Project, achieving a 2.4-fold increase in tin head grade and up to 95% tin recovery, promising significant cost savings and enhanced production potential.
28 Jan
Maxwell Dee
DomaCom Faces $4.5M Loss Amid Fund Suspension and Capital Challenges
DomaCom Limited reported a steep $4.5 million loss for the half-year ending December 2023, driven by declining revenues and operational hurdles, including a temporary suspension of its fund's Product Disclosure Statement. The company is actively pursuing capital raises to stabilize its position.
28 Jan
Claire Turing
Axel REE Uncovers Ultra-High Grade REE at Poços de Caldas Caldas Project
Axel REE Limited has reported exceptional rare earth element grades from its ongoing auger drilling at the Caldas Project in Brazil’s Poços de Caldas Alkaline Complex, highlighting significant exploration upside at shallow depths.
28 Jan
Maxwell Dee
Wia Gold Accelerates Kokoseb Development with A$30M Placement and Drilling Boost
Wia Gold Limited reports strong drilling results at its Kokoseb Gold Project in Namibia and advances exploration in Côte d'Ivoire, backed by a A$30 million capital raise to fund an expanded 2025 development program.
28 Jan
Maxwell Dee
Osmond Resources Unveils High-Grade Assay Results at Orion Project, Drilling Imminent
Osmond Resources has reported strong assay results from 27 samples at its Orion EU Critical Minerals Project in Spain, highlighting promising high-grade mineralization and continuity between zones. The company is poised to commence drilling to confirm these findings and accelerate development.
28 Jan
Maxwell Dee
A1 Investments Eyes Renewable Energy Acquisitions Amid Cash Flow Standstill
A1 Investments & Resources Ltd reported minimal cash flow activity for the December 2023 quarter while actively pursuing renewable energy acquisition opportunities in Japan and Australia.
28 Jan
Victor Sage
Nimy Resources Unveils High-Grade Gallium Target at Block 3 Prospect
Nimy Resources has defined a significant gallium Exploration Target at its Block 3 Prospect in Western Australia, estimating up to 14.3 million tonnes of mineralised material with promising grades. This milestone positions the company at the forefront of gallium exploration amid rising global demand.
28 Jan
Maxwell Dee
Aura Energy Boosts Tiris Uranium Reserves by 49%, Eyes 2025 Final Investment Decision
Aura Energy has reported a substantial 49% increase in Ore Reserves at its flagship Tiris Uranium Project, advancing towards a Final Investment Decision in early 2025 while also benefiting from positive regulatory shifts in Sweden.
28 Jan
Maxwell Dee
Rox Resources Secures $27M to Accelerate Youanmi Gold Project Development
Rox Resources has advanced its Youanmi Gold Project with a $27 million capital raise and a major drilling campaign, positioning the company for production by late 2025.
28 Jan
Maxwell Dee
Canyon Secures $124M Backing to Buy Rolling Stock for Minim Martap Push
Canyon Resources has locked in a $124 million underwriting agreement with major shareholder Eagle Eye Asset Holdings to finance critical rolling stock for its Minim Martap bauxite project in Cameroon, marking a pivotal step towards production.
28 Jan
Maxwell Dee
Fortescue Launches $254M Takeover Bid for Red Hawk Mining
Fortescue Ltd has initiated an off-market takeover bid to acquire Red Hawk Mining, offering up to A$1.20 per share, representing a substantial premium. The move aims to consolidate Fortescue’s iron ore assets in Western Australia’s Pilbara region.
28 Jan
Maxwell Dee
Empire Energy Navigates $14M Cash Outflow Amid $54M Funding Buffer
Empire Energy Group Limited reported a significant cash outflow of $14.2 million in the December 2024 quarter, driven by exploration and evaluation activities, yet maintains a strong liquidity position with nearly $54 million in available funding.
28 Jan
Maxwell Dee
Empire Energy Advances Carpentaria Project with $65M Financing and Key Approvals
Empire Energy has successfully drilled its longest well to date, secured a $65 million financing package, and received environmental approval for its Carpentaria Pilot Project, setting the stage for first gas deliveries later in 2025.
28 Jan
Maxwell Dee
Atturra Confirms Early Talks to Acquire US Boomi Partner Kitepipe
Atturra Limited has acknowledged ongoing preliminary discussions to acquire US-based Kitepipe, a Platinum Boomi Partner, amid market speculation. While talks are incomplete, this move aligns with Atturra’s active M&A strategy.
28 Jan
Sophie Babbage
Sky Metals Expands Tallebung Tin Deposit with Promising Diamond Drill Results
Sky Metals has intersected significant visual tin mineralisation in the first diamond drill-hole at its Tallebung Tin Project, confirming the deposit remains open in all directions and setting the stage for a major resource expansion.
28 Jan
Maxwell Dee
Helios Energy Validates Major Hydrocarbon Resources at Presidio Project
Helios Energy has released an independent Contingent Resource Report confirming substantial recoverable oil, gas, and NGL volumes at its Presidio Project in West Texas, reinforcing its potential as a transformative asset.
28 Jan
Maxwell Dee
EQ Resources Confirms High-Grade Tungsten at Mt Carbine Eastern Cut Back
EQ Resources has reported strong tungsten grades from its recent Eastern Cut Back drilling at Mt Carbine, signalling the mine's entry into the main ore body and setting the stage for intensified Stage 2 open pit operations.
28 Jan
Maxwell Dee
EMVision Advances emu™ Scanner Trials with $15.78M Cash Backing
EMVision Medical Devices reports strong progress in clinical trials for its emu™ Bedside Scanner, backed by robust cash reserves and strategic non-dilutive funding. The company is poised to commence pivotal FDA validation trials, marking a key step toward commercialisation.
28 Jan
Victor Sage
Felix Group Drives Growth with Positive Cash Flow and Mining Sector Wins in Q2 FY25
Felix Group Holdings has reported a second consecutive quarter of positive operating cash flow alongside strong customer acquisition and contract expansions, notably within the mining and resources sector.
28 Jan
Sophie Babbage