Australian Strategic Materials Surges 119% on Takeover News
Australian Strategic Materials (ASX: ASM) surged 119% to A$1.59 after US-based Energy Fuels announced a A$447 million takeover offer. The deal values ASM shares at A$1.60 each, representing a 121% premium to the previous close of A$0.72. For ASM shareholders who have watched the stock slide from…
Sovereign Metals Discovers Rare Earths at Kasiya
Sovereign Metals (ASX: SVM) jumped 27% after the company revealed a high-value monazite concentrate rich in heavy rare earths in the tailings from its Kasiya project. The discovery adds a third critical mineral stream to what is already the world's largest rutile deposit and second-largest flake graphite resource.…
Evolution Mining Hits Record Cash Flow with Strong Gold Production
Evolution Mining (ASX: EVN) surged 9.4% to a fresh all-time high, closing the session at A$14.78 after hitting an intraday peak of A$14.85 and a record operating mine cash flow of A$1.06 billion for the December quarter. This marks the eighth consecutive quarter…
Gambling companies are on the stock market, which makes them slightly odd. They mix entertainment, technology, regulation, and risk in ways that send share prices moving for reasons that feel emotional, political, and sometimes downright chaotic.
A government announcement can wipe billions off a company's value even if the business itself hasn't changed at all. A…
Bellevue Gold is recovering, but high costs remain the key risk
Bellevue Gold (ASX: BGL) produced 32,031 ounces in the December 2025 quarter, up roughly 10% from the 29,100 ounces it delivered in September. The stock closed at A$1.76 following Tuesday's trade, remaining near fresh 52-week highs and more than double its August low of…
Weebit Nano looks extremely promising
Weebit Nano (ASX: WBT) has had a remarkable run, with shares climbing more than 50 per cent over the past 12 months to trade around A$5.44. The company develops next-generation memory technology called ReRAM and has built serious momentum after signing licensing deals with two of the world's biggest chipmakers.…
Strickland Metals keeps hitting thick gold at Shanac ahead of the resource update
Strickland Metals (ASX: STK) just dropped another set of impressive drilling results from its Shanac gold project in Serbia. The latest hole hit 113 metres of gold mineralisation grading 1.7 grams per tonne, with a richer zone inside running 28 metres at…
Hub24 posts record inflows, but valuation looks stretched
Hub24 (ASX: HUB) jumped 8 per cent on Tuesday after smashing quarterly records once again. The wealth platform pulled in A$5.6 billion in net inflows for the December quarter, pushing first-half inflows to a record A$10.7 billion. Total funds under administration now sit at A$152.3 billion, up…
Australian Gold and Copper Extends Achilles High-Grade Zone Ahead of New Drilling
Australian Gold and Copper (ASX: AGC) continues to build momentum at its Achilles discovery in New South Wales, with five new diamond holes reported yesterday delivering exceptional silver and gold grades that were not included in the company's maiden resource estimate. Trading at…
Trek Metals Eyes High-Grade Manganese at Kuro, With Drilling the Next Test
Trek Metals (ASX: TKM) just delivered some eye-catching manganese results from its Kuro Prospect in Western Australia. Rock chip samples returned grades of up to 60.1% manganese, with an average of 50.7% across 36 samples. To put that in perspective, pure manganese oxide…
