🕒 Thursday 18 December 2025 Thu, 18 Dec 2025

FireFly Metals has successfully raised approximately A$139 million through a multi-part equity raising, significantly bolstering its cash reserves to advance its flagship Green Bay Copper-Gold Project in Newfoundland. The company also closed its oversubscribed Share Purchase Plan early, reflecting strong investor demand.

Exultant Mining has launched an aggressive exploration campaign at its Black Hammer Project in New South Wales, collecting 76 rock chip samples and expanding its tenure with a newly granted exploration licence. The company is progressing land access agreements and plans to commence drilling in early 2026.

Cosmo Metals has reported promising results from its maiden drilling at the Spring Creek prospect, confirming continuity of high-grade gold mineralisation and identifying new target zones along a major regional trend.

Asian Battery Metals PLC reports outstanding metallurgical test results from its Oval Cu-Ni-PGE project in Mongolia, confirming high copper recoveries of up to 95% with a simple flotation process and no penalty elements. Nickel concentrate optimization is underway, supporting the project's development trajectory.

First Graphene has successfully produced 600 tonnes of graphene enhanced cement, marking a key milestone in sustainable construction with significant CO2 reductions and multiple UK trial projects underway.

Everest Metals Corporation’s latest drilling at Mt Dimer Taipan confirms high-grade gold mineralisation extending beyond current resources, while heap leach sampling reveals promising recoverable gold potential.

Ora Banda Mining has reported significant new high-grade gold intercepts from drilling at its Sand King northern corridor, pointing to a potential expansion of its mining inventory and extended mine life.

Lefroy Exploration has received a second $0.75 million cash advance from BML Ventures, reinforcing its funding position ahead of key production milestones at the Lucky Strike Gold Project.

Netwealth Group Limited will compensate members affected by the First Guardian Master Fund collapse with $101 million, impacting its 1H26 profit but aiming to restore member confidence swiftly.