Latest Commodity Markets News

Larvotto Resources has completed key technical work on its Hillgrove DFS, incorporating a shift to dry tailings storage and capitalising on record gold and antimony prices, while exploration drilling delivers high-grade intercepts and the company strengthens its operational base.

QX Resources reported steady progress on its Queensland gold and US lithium brine projects while managing modest cash reserves and exploration expenditure in the March 2025 quarter.

Pacific Nickel Mines has paused operations at its Kolosori Nickel Project due to weak nickel prices and operational challenges, while negotiating critical financing with Glencore. The company remains in voluntary suspension on the ASX as it explores alternative business opportunities.

Santos Limited’s 2024 Annual Report reveals a 5% decline in production and a 9% drop in sales revenue, yet highlights significant progress in carbon capture and storage projects and emissions reduction targets.

Ragnar Metals has identified significant geophysical anomalies linked to polymetallic mineralisation at its Swedish projects and is progressing a strategic $30 million acquisition of the Henty gold mine, positioning the company for growth in both energy metals and gold sectors.

Stonehorse Energy’s Q1 2025 report reveals Canadian wells outperforming production forecasts while revenue dips due to softer commodity prices. US operations show recovery, and the company intensifies Canadian business development amid market volatility.

Ronin Resources has made significant strides in its La Punilla gold-silver project in Argentina, while navigating socio-political hurdles in Colombia and refining its lithium exploration efforts in Canada. The company maintains a solid cash position as it pursues new business opportunities.

Fin Resources Limited reported subdued exploration activity in Q1 2025 amid weak lithium prices but secured $445,000 via convertible notes and outlined plans for McKenzie Springs exploration.

IRIS Metals has reported a JORC-compliant initial lithium resource at its Beecher Project, alongside high-grade drilling results at Tin Mountain, setting the stage for near-term production and resource expansion in South Dakota.

Energy Metals Limited has reported a 12% increase in uranium resources at its flagship Bigrlyi Joint Venture, strengthening its position amid a stable uranium market and robust cash reserves. The company is advancing exploration plans across its Northern Territory and Western Australia projects for 2025.

Resource Mining Corporation (ASX: RMI) reported promising initial gold assays from its Saudi Arabian projects and is evaluating near-term gold production in Tanzania, while managing a constrained cash position and new funding arrangements.

Arrow Minerals has reported a maiden Mineral Resource of 185 million tonnes at 42.3% alumina for its Niagara Bauxite Project, alongside strong progress on a scoping study targeting June 2025 completion. The company is also advancing its Simandou North Iron Project with strategic partnerships and metallurgical work.