🕒 Wednesday 16 July 2025 Wed, 16 July 2025

Axel REE Limited reports continued high-grade gallium and rare earth element assay results from its Caladão Project in Brazil, highlighting shallow, laterally extensive mineralisation in Area B. The company advances towards a maiden resource estimate, underscoring the project's strategic potential.

Many Peaks Limited has raised A$13.5 million through a private placement to fund its inaugural Mineral Resource Estimate and exploration at Ferke South, while also increasing director remuneration to reflect company growth.

Wia Gold Limited has announced a 38% increase in the Kokoseb Gold Project's mineral resource estimate to 2.93 million ounces, with a majority now classified as Indicated resources. This milestone underpins advancing feasibility studies and highlights promising high-grade zones in Namibia.

Lendlease has expanded its Australian development pipeline with a landmark $2.5 billion luxury residential project at 175 Liverpool Street, Sydney, signaling strong confidence in the high-end market and its strategic growth plans.

Evolution Mining has delivered record cash flow for FY25, meeting its original production and cost guidance amid high metal prices, while setting a confident outlook for FY26 with continued strong cash generation expected.

Mount Gibson Iron Limited is set to acquire a 50% stake in the Central Tanami Gold Project from Northern Star Resources for $50 million, marking its strategic entry into the precious metals sector. The project boasts a substantial 1.6 million ounce gold resource and significant infrastructure, positioning MGX for potential development within 18 months.

Mount Gibson Iron Limited has agreed to acquire Northern Star Resources' 50% stake in the Central Tanami Project, gaining access to 1.6 million ounces of gold resources and existing infrastructure in the Northern Territory.

Inca Minerals has significantly expanded high-grade gold-antimony zones at its Hurricane Project in Queensland, with rock chip assays revealing new mineralised extensions and multiple vein structures. Preparations for a maiden drilling program are underway, setting the stage for a pivotal exploration phase.

Rio Tinto reports a robust 13% year-on-year increase in copper equivalent production for Q2 2025, alongside record bauxite output and progress on key projects like Simandou and Oyu Tolgoi. The company maintains its 2025 guidance, signaling confidence in its diversified growth strategy.

Sun Silver Limited confirms broad zones of antimony mineralisation at its Maverick Springs Project in Nevada, with grades significantly surpassing comparable US deposits. Ongoing re-assays of historic drill core reveal promising critical mineral potential within a major silver-gold system.

Solstice Minerals reports robust drilling results at its Yarri Gold Project and identifies significant resource extension targets at Nanadie Copper-Gold Project, supported by a $2.1 million strategic placement and a key board appointment.

Hazer Group has successfully raised $10.7 million through a combination of a share placement and a share purchase plan, positioning the company to advance its innovative clean hydrogen and graphite production technology.

Orica has successfully raised USD 390 million through a US Private Placement, extending its debt maturity profile and strengthening its balance sheet amid strong investor demand.

West Coast Silver Limited’s inaugural 2025 diamond drilling at Elizabeth Hill delivers exceptional near-surface high-grade silver intercepts, confirming the project’s strong economic potential and setting the stage for further exploration.

Terrain Minerals has wrapped up an expanded nearly 5,000-meter gold drilling campaign at its Lightning and Monza prospects within the Smokebush Project, with assay results expected in August 2025.

Wildcat Resources advances its Tabba Tabba Lithium Project with the Preliminary Feasibility Study nearing completion and strong metallurgical results, supported by a robust cash position of $55.1 million.

Amplitude Energy capped FY25 with record production and revenue, while progressing its East Coast Supply Project and announcing significant board changes.

Lefroy Exploration has secured a $2.5 million Profit Cash Advance Facility from BML Ventures, fully funding the Lucky Strike Gold Project through to profit-share distributions in early 2026 while avoiding shareholder dilution.

Duketon Mining Limited has executed an option agreement to acquire 100% of the Killarney Gold Project, confirming high-grade gold results from historic and recent sampling. Concurrently, the company updated its nickel resource estimates at Rosie and C2, reinforcing its position in the Mount Magnet region.

IKE GPS Group Limited has opened a A$2.0 million Share Purchase Plan following an A$18 million placement, aiming to accelerate product innovation and strategic expansion.

Mercury reports an 11% drop in FY25 total generation, with hydro output hitting its fourth lowest level since 1980. Yet, advances from the Karāpiro Hydro Rehabilitation and AI-driven Digital River platform lift hydro generation forecasts for FY26 and beyond.

Meridian Energy’s June 2025 report reveals hydro storage levels exceeding historical averages and a notable rise in retail electricity sales, despite lower generation prices. The company also signals the end of its smelter demand response agreement.