March 17, 2025

Ramelius Resources is set to acquire Spartan Resources in a merger deal that values Spartan’s shares at a significant premium. The agreement, confirmed following earlier reports, will see Ramelius acquire all ordinary shares in Spartan for 25 cents in cash and 0.6957 new Ramelius shares for each Spartan share held. This translates to a value […]

Newcastle Coal Infrastructure Group has entered into a long-term power purchase agreement with Lightsource BP to source solar energy for its Kooragang Island facility. The agreement will enable the facility to run entirely on renewable electricity by 2030. The power will be supplied by the Goulburn River solar farm, a 585-megawatt project currently under construction

Metgasco Ltd (ASX:MEL) announced a 13% increase in gas production following the completion of debottlenecking operations at its Southern Flank gas project (ATP2021 & PRL211). The raw gas production reached 3.6 million standard cubic feet per day (MMscfd) as of 6 am today, up from 3.2 MMscfd before the operations began. This initiative, executed by

Vintage Energy (ASX: VEN) has announced successful completion of flowline de-bottlenecking operations at its Southern Flank gas project, resulting in increased gas production rates. The operations, conducted at the PRL 211 and ATP 2021 Joint Ventures, saw raw gas production from the Odin and Vali gas fields reach 3.6 MMscf/d at 6am today, a notable

HighCom Limited (ASX: HCL) announced a new A$3 million order for its ballistic products from an international customer. The order, which is separate from the previously announced A$6 million backlog, is slated for delivery in the second half of FY25. This development underscores HighCom’s position as a trusted provider of advanced protective gear in a

Perpetual Resources (ASX: PEC) is ramping up exploration at its Itinga Tin Project in Brazil, spurred by recent exceptional tin grades exceeding 20% Sn from reconnaissance sampling. These results build on previous findings, including assays up to 7.3% Sn, highlighting the project’s significant mineralisation potential. The company plans to undertake extensive follow-up exploration, including reviewing

Latitude Group has announced the appointment of Guillaume Leger as its new Chief Financial Officer, effective June. Leger succeeds Paul Varro, who left the company in December after serving more than 16 years in the CFO role. Leger joins Latitude from Omni Bridgeway, a litigation funder, where he held the position of CFO since 2022

Navigator Global has announced its acquisition of a 23.5% minority stake in US-based private equity firm 1315 Capital for $70.5 million USD ($111.44 million AUD). 1315 Capital, which manages over $1 billion USD ($1.6 billion AUD) in assets, specializes in providing growth equity and growth buyout capital to commercial-stage medtech outsourcing, medical technology, and health

Gorilla Gold Mines Ltd (ASX: GG8) has announced further high-grade gold intercepts from exploratory drilling at its Comet Vale Project, 97km north of Kalgoorlie, WA. The results stem from the Lakeview and Sovereign Prospects. Key intercepts include 14m @ 7.2 g/t Au from 122m at Lakeview (LVEX012) and 13m @ 5.1 g/t Au from 191m

UBS has upgraded its rating for Mineral Resources (MinRes) to “buy,” setting a revised price target of $28.60. This target suggests a potential upside of approximately 20% from the company’s current trading levels. The upgrade reflects UBS’s assessment that MinRes shares are currently undervalued, particularly considering prevailing prices for iron ore and spodumene, key commodities