Latest Market Dynamics News

Accelerate Resources Ltd has launched a new gold-focused strategy with the acquisition of a 70% interest in the Kanowna East Gold Project, located near major gold mines in Western Australia. The move positions the company to leverage significant historical gold intercepts and nearby processing infrastructure.

Vulcan Energy has successfully closed its Share Purchase Plan, raising approximately A$8 million through the issuance of over 1.3 million new shares, following a major institutional placement. This capital injection supports the company’s pioneering lithium and renewable energy projects in Europe.

Contact Energy's December 2024 report reveals a nuanced performance with slightly lower mass market sales but stronger netback prices and significantly reduced generation costs, underscoring operational efficiencies amid evolving market dynamics.

Contact Energy’s December 2024 report reveals a nuanced operational landscape with slightly lower mass market sales but improved netback prices and significantly reduced generation costs, underscoring efficiency gains amid evolving market dynamics.

Betashares Mrtn Currie Eqy Inc Fund (EINC) units have been suspended from trading on the ASX as of 22 January 2025, following a prior announcement in December 2024.

Australian Pacific Coal Limited has responded to ASX inquiries regarding recent unusual trading activity, confirming no undisclosed information exists and affirming compliance with listing rules.

Patagonia Lithium Ltd has announced a maiden JORC Inferred Mineral Resource Estimate of 3.8 million tonnes of Lithium Carbonate Equivalent at its Formentera Lithium Brine Project in Argentina, highlighting significant potential for resource upgrades through ongoing drilling and advanced extraction technology.

Cobalt Blue Holdings has completed a non-renounceable entitlement issue, raising just over half a million dollars but leaving a significant shortfall of shares unclaimed. The company now holds discretion to place these shortfall shares within three months.

Woodside Energy achieved record annual production in 2024, led by the Sangomar project, while advancing key LNG developments and streamlining its asset portfolio through a major swap with Chevron.

Iluka Resources has exceeded its 2024 production guidance with robust zircon and synthetic rutile output, while advancing key projects and implementing cost-saving measures ahead of 2025.

Pentanet has reached a key financial milestone by turning EBITDA positive in H1 FY25, driven by strong 5G subscriber growth and cloud gaming revenue expansion. The company is on track to double its 5G network coverage this year, underpinning future growth.

Korvest Ltd’s first half of FY25 saw profitability pressures from operational setbacks and inflation, but a record order book and new major projects set the stage for a promising second half.