Latest Market Outlook News

Carnarvon Energy reports a robust cash balance of A$187 million amid delays in the Dorado project development following Santos' decision to pause FPSO acquisition. The renewal of Bedout Basin exploration permits offers a pathway to future drilling in 2026.

Bathurst Resources reported a first half EBITDA of $27.5 million, surpassing forecasts despite export disruptions, yet lowered its full-year EBITDA guidance to $45-$55 million due to reduced export volumes and softer coal prices.

DomaCom Limited reported a steep $4.5 million loss for the half-year ending December 2023, driven by declining revenues and operational hurdles, including a temporary suspension of its fund's Product Disclosure Statement. The company is actively pursuing capital raises to stabilize its position.

De Grey Mining reports outstanding infill drilling results at the Eagle deposit within the Hemi Gold Project, highlighting significant mineralisation extensions and reinforcing the case for future underground mining development.

Argosy Minerals has reported significant progress on its flagship Rincon Lithium Project, including an upgraded mineral resource estimate and advancing engineering and feasibility studies toward a 12,000tpa lithium carbonate operation.

Caspin Resources has completed its acquisition of the Bygoo Tin Project in NSW and is set to begin a significant drilling campaign, backed by a recent $1.6 million capital raise.

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.

Element 25 Limited has announced a 107% increase in Ore Reserves at its Butcherbird Manganese Project in Western Australia, now supporting an 18.3-year mine life at 1.1Mtpa production. This milestone underpins the company’s strategic expansion into battery-grade manganese supply for the EV market.

Centrex Limited corrects its corporate presentation title to January 2025 and details progress on its Ardmore Phosphate Project Stage 1.5 Expansion, supported by a $10.4 million Entitlement Offer aimed at boosting production capacity and financial stability.

Centrex Limited has initiated a $10.4 million Entitlement Offer to fund the critical Stage 1.5 Expansion of its Ardmore Phosphate Project, aiming to boost production capacity to 625ktpa. The company highlights the pivotal role of this capital raise in securing operational continuity amid notable financial and logistical risks.

Qoria Limited reports robust December quarter results for FY2025, driven by strong ARR growth, expanding global reach, and strategic AI innovations that promise to accelerate future growth.

D3 Energy’s recent production test at Nooitgedacht Major reveals promising helium and natural gas flow rates, confirming a new northern production area within the ER315 permit.