🕒 Wednesday 7 May 2025 Wed, 7 May 2025

Almonty Industries has secured a binding offtake agreement to supply tungsten oxide exclusively for U.S. defense applications, guaranteeing steady demand and pricing for the next three years.

TPG Telecom reported robust 2024 financials, expanded its mobile network coverage to 98.4% of Australians, and announced a strategic $5.25 billion fibre asset sale to Vocus Group, setting the stage for a leaner, more agile business in 2025.

LCL Resources has renegotiated its sale option agreement with Tiger Gold Corp, increasing the total consideration to $14 million and removing the 'Stay Private' clause. The revised terms will be presented for shareholder approval at the upcoming AGM.

Medallion Metals has reported significant extensional drilling results at its Gem deposit, pushing high-grade gold-copper-silver mineralisation up to 80 metres beyond current resource boundaries and reinforcing plans for near-term sulphide development.

Bastion Minerals has made significant strides in its Canadian copper exploration portfolio, progressing towards a maiden JORC Mineral Resource Estimate for the ICE Copper Project while completing a modest capital raise and refreshing its board.

CLINUVEL Pharmaceuticals has completed recruitment for its Phase III trial of SCENESSE® in vitiligo patients with darker skin types, setting the stage for first results in late 2026. Early clinical observations suggest promising repigmentation outcomes.

MedAdvisor Limited has received a non-binding offer from a major multinational software company to acquire its ANZ business division, valuing it above current market expectations.

OD6 Metals has confirmed significant high-grade copper-zinc-silver volcanogenic massive sulphide mineralisation in its first drilling campaign at Gulf Creek, NSW, marking a major step forward after 60 years of dormancy. The results validate the company’s geophysical targeting and open up promising extensional targets along a 3km strike.

Boss Energy reports a successful ramp-up to commercial production at its Honeymoon uranium mine, backed by a robust $229 million cash position and promising growth at its US Alta Mesa project.

Lake Resources has initiated a Special Committee to explore strategic options for its flagship Kachi Lithium Brine Project, aiming to bridge the gap between market valuation and intrinsic asset value.

Kelsian Group signals a cautious FY25 outlook with EBITDA tracking at the lower end of guidance, while advancing strategic tourism divestments and securing key contract renewals.

Latrobe Magnesium Limited has successfully closed an oversubscribed Share Purchase Plan, raising $836,800 to fund its Demonstration Plant operations in Victoria. This capital injection supports the company’s pioneering sustainable magnesium extraction efforts.

Zip Co Limited reported robust April trading with over 40% year-on-year growth in US total transaction value, underpinning a strong profitability turnaround and reaffirming its FY25 cash EBTDA guidance of at least $153 million.

Aguia Resources reports steady underground mining at 15 tonnes per day at its Santa Barbara Gold Project, with plans to boost processing capacity to 50 tonnes per day by July 2025 and imminent gold sales.

Ampol Limited has unveiled its 2025 strategic roadmap focusing on refinery upgrades, retail expansion, and energy transition initiatives, aiming to boost margins and operational efficiency.

Novo Resources reported a reduced net loss of CAD 1.625 million in Q1 2025, progressing exploration with a new aircore drilling program in Western Australia while facing liquidity challenges that cast doubt on its near-term financial sustainability.

FireFly Metals reports significant high-grade copper and gold intersections extending over 200m beyond its current Mineral Resource at the Green Bay Project, prompting an aggressive expansion to seven drill rigs. Strong geophysical signals suggest substantial further resource growth potential.

Macarthur Minerals is voluntarily delisting from the TSX Venture Exchange and OTC Market to focus on its Australian Stock Exchange listing, aiming to streamline operations and better serve its predominantly Australian investor base.

Temple & Webster reports a strong trading update with revenue growth accelerating to 23% since March and a positive EBITDA margin outlook for FY25, despite ongoing economic headwinds.

Marmota Limited has agreed to sell its West Melton copper tenement to G4 Metals in a $1 million share deal, tying its returns to G4’s planned 2026 IPO and resource milestones.

First Graphene has secured a multi-year exclusive deal to supply graphene-enhanced masterbatch for safety boots aimed at Southeast Asia’s mining sector, marking a significant step in commercialising advanced materials in industrial apparel.

Lunnon Metals has announced its inaugural Mineral Resource Estimate for the Lady Herial gold deposit, marking a rapid progression from discovery to resource in just 15 months. The shallow, high-grade deposit is poised for fast-tracked development amid strong gold prices.

Nanoveu Limited has expanded its capital raise to $2.7 million, led by a significant investment from CEO Mark Goranson and strong insider participation, to accelerate development across its semiconductor, 3D visualisation, and solar technology divisions.

Nanoveu Limited spotlighted its cutting-edge ultra-low-power AI semiconductor technology and strategic collaborations at the Pitt Street Research Semiconductor Conference 2025, signaling a bold push into edge AI markets.