🕒 Thursday 7 August 2025 Thu, 7 Aug 2025

Alara Resources has successfully commissioned new tailings filter presses at its Al Wash-hi Majaza project in Oman, significantly boosting production efficiency and concentrate output.

Nova Minerals has achieved a remarkable 132% upgrade in antimony grade through ore sorting at its Estelle Project in Alaska, advancing its goal to establish a strategic U.S. supply chain amid critical mineral shortages.

Castle Minerals is launching a major auger drilling campaign at its Kandia Gold Prospect in northern Ghana, aiming to extend known gold zones and test new targets identified through advanced aeromagnetic surveys. Positive results could fast-track follow-up drilling and bolster the company’s exploration momentum in a highly prospective region.

Westgold Resources projects a rise in gold production to 345-385koz in FY26, backed by significant capital investment and operational improvements aimed at boosting free cash flow.

Western Gold Resources has appointed VM Drilling to execute a major 35,300-metre grade control and infill drilling campaign at its Gold Duke Project, aiming to fast-track production readiness and enhance resource confidence.

Black Canyon Limited reports compelling assay results from its Wandanya manganese discovery, confirming shallow, thick, and high-grade mineralisation over a 2km strike. The company plans to launch Phase 3 drilling to further define this promising resource.

Tivan Limited’s Speewah Fluorite Project has secured a $2 million second instalment from the Australian Government’s IPCM grant, boosting joint venture efforts to progress feasibility studies ahead of a final investment decision.

Lindian Resources has secured a decisive legal victory in Malawi, with the High Court dismissing claims by Deep Blue Sea Limited and awarding costs to Lindian. This outcome clears the path for Lindian to focus fully on advancing its Kangankunde Rare Earths Project.

News Corporation has reported a modest 2% increase in revenues to US$8.452 billion for the fiscal year ended June 30, 2025, alongside a remarkable 344% surge in net income to US$1.18 billion. The company declared a stable total dividend of US$0.20 per share, reflecting confidence despite market challenges.

Prophecy International and Complexica announce a strategic merger to form MergeCo, an ASX-listed AI pure play with enhanced scale, product synergies, and growth potential.

Prophecy International Holdings has agreed to acquire Complexica in a transformative merger, creating Complexica Group Limited, an ASX-listed AI pure play software company with enhanced scale and growth potential.