Latest Strategy Changes News

Evergreen Lithium Limited has acquired the Leonora Goldfields Project in Western Australia, marking a strategic pivot into gold production with a JORC-compliant inferred resource of 63,000 ounces and exploration upside of up to 592,000 ounces.

Gale Pacific has sharply downgraded its full-year EBITDA guidance due to tariff-driven demand softness in the US, while its Australia, New Zealand, and developing markets hold steady.

City Chic Collective faces a challenging US market due to steep tariff hikes on Chinese imports, prompting a strategic pause on new stock and a revised FY25 revenue outlook. Meanwhile, its ANZ operations continue robust growth, balancing the Group’s overall performance.

Chrysos Corporation reported a 25% year-on-year revenue increase in Q3 FY25, driven by strong growth in sample volumes and expanded deployment of its PhotonAssay technology across key mining regions.

Next Science Limited has successfully had a derivative complaint dismissed in Florida, while continuing legal action against former employees for breach of post-employment restraints.

TG Metals has updated its Van Uden Gold Project resource model following recent drilling and resurveying, revealing significant high-grade gold intercepts and confirming mineralisation continuity along a 2.5km strike. An updated JORC-compliant Mineral Resource Estimate is expected by the end of May 2025.

Turaco Gold has announced a significant 40% increase in its Afema Project gold resource in Côte d’Ivoire, now totaling 3.55 million ounces at an improved grade of 1.2g/t. The company is advancing towards a pre-feasibility study and environmental assessments, underpinning the project’s growing stature in West Africa.

Barton Gold Holdings has released an Optimised Scoping Study for its Tunkillia Gold Project, revealing significant improvements in project economics, including a sub-one-year payback and reduced capital expenditure. The study paves the way for accelerated feasibility work and funding efforts.

Reliance Worldwide Corporation outlines its strategic response to US tariffs, emphasizing diversified sourcing and price adjustments to sustain margins in a $25.3 billion plumbing market. The company forecasts broadly flat FY25 sales with slight margin pressure but remains confident in long-term growth.

Reliance Worldwide Corporation updates on the financial impact of new US tariffs, outlining a multi-pronged mitigation strategy and revising its FY25 sales outlook amid market uncertainty.

PlaySide Studios announces the resignation of co-founder and Creative Director Gerry Sakkas, who will also leave the board. The company will not replace his role following a recent restructure, while Sakkas commits to a significant share escrow.

Somerset Minerals has completed its acquisition of the high-grade Coppermine copper project in Nunavut, Canada, and is set to begin a maiden exploration campaign backed by a $2.39 million capital raise.