Highlights: Summit Minerals Limited (ASX: SUM) saw an uptick in its share price on Wednesday morning. The company announced that it had obtained excellent results from its proof-of-concept drilling at the Stallion REE project. A stage 2 programme of works has received consent for further drilling to additionally expand on the intersected mineralisation at the Stallion REE project. Battery mineral exploration company Summit Minerals Limited (ASX: SUM) saw an uptick in its share price by a whopping 26.923% and was trading at AU$0.165 on Wednesday, 8 March 2023, at 1:00 pm AEDT. Let’s find ou ..read more

Highlights: BHP Group Limited (ASX: BHP) stock goes ex-dividend tomorrow, 09 March 2023. The interim dividend declared in half yearly result on 21 February 2023 is scheduled for payment on 30 March 2023. BHP has a track record of paying attractive dividends in the past. Shares of BHP Group Limited (ASX: BHP), the world's largest miner (as per market cap), are trading lower on Wednesday, one day ahead of its ex-dividend date, which is tomorrow, 09 March 2023. As of 11:35 am AEDT, BHP shares were down 0.44% at AU$47.72. Despite the overall weakness in the materials sector, BHP shares outperf ..read more

Highlights AGR was granted the construction licence for its Rio Grande do Sul (Brazil) located phosphate project during the December quarter. Agronomical tests demonstrated improved forage grass production levels with use of AGR’s organic Pampafos® fertiliser. At the copper project, infill drill program established high-grade Cu zone within the existing Copper Mineral Resource area. Separately, the company received a government grant to carry forward its green copper processing activities. AGR has outlined exploration plans for the March quarter across the projects. Aguia Resources Limited ..read more

Highlights: Sayona Mining Limited (ASX: SYA), on Tuesday, 07 March 2023, announced to raise C$50 million and entered into a subscription agreement with PearTree Securities. The company will raise funds by issuing shares at AU$0.315 per share. The funds will be used for further exploration, resource drilling, restarting operations at North American Lithium (NAL) and other projects.  Sayona Mining Limited (ASX: SYA), on Tuesday, 07 March 2023, declared its plan to raise C$50 million (AU$54,954,640 before costs) from flow-through-shares (FTS) by issuing 174,459,177 shares at C$0.2866 (AU ..read more

Highlights Latest drilling led to significant rare earth (REE) and lithium intersections across Catalina’s Dundas project. The company plans to conduct deeper reverse circulation drilling across the project. The first half saw CTN securing tenement applications for REE, nickel and gold in the Laverton province. Australian diversified mineral exploration and mine development company, Catalina Resources Ltd (ASX:CTN) saw major developments across its project portfolio in Western Australia and New South Wales during the first half ended 31 December 2022. The major highlights of the period were ..read more

Highlights: InvoCare Limited (ASX: IVC) on 7 March 2023, received an unsolicited acquisition proposal from TPG Global. TPG offered AU$12.65 cash to acquire each share of the funeral service provider. TPG’s offer price for IVC shares is over 41% higher than its closing price on Monday. Funeral services provider InvoCare Limited (ASX: IVC) on 7 March 2023 obtained a preliminary, unsolicited, non-binding indicative proposal from TPG Global, LLC for full acquisition of the company’s issued securities through a scheme of arrangement. TPG Global offered to pay AU$12.65 in cash, a premium of over ..read more

Highlights: Pentanet Limited (ASX:5GG) signed an agreement with the telecommunication company Optus Mobile Pty Ltd to provide NVIDIA GeForce NOW cloud gaming services to Optus customers. The 5GG stock climbed as much as 70% on Tuesday, 07 March 2023. Today’s gains in 5GG stock came after yesterday’s over 22% jump. Pentanet Limited's (ASX:5GG) stock price went through the roof on Tuesday, 07 March 2023, following the announcement of securing a deal from telecommunication company Optus Mobile Pty Ltd.  The stock climbed as much as 70% in early trade today to an intraday high of AU$0.280 ..read more

Highlights VRX Silica has executed a letter of intent (LOI) with ResourcesWA to explore a proposed power supply solution for the company’s Arrowsmith North Silica Sand Project. Under the LOI, the company will analyse the potential to set up a powerhouse, with containerised gas reciprocating engines, at a nearby gas wellhead site. VRX Silica Limited (ASX:VRX) has executed a letter of intent (LOI) with ResourcesWA to explore a proposed power supply solution over a period of six months for the company’s Arrowsmith North Silica Sand Project by use of gas directly from a local wellhead. The LOI ..read more

Highlights: Megaport Limited (ASX: MP1) shares plunged on Tuesday, 7 March. The company’s CEO Vincent English tendered his resignation, effective from Tuesday. Bevan Slattery, MP1’s founder and chairman, will act as the interim CEO until a new CEO is appointed. Cloud technology company Megaport Limited’s (ASX: MP1) shares tumbled on Tuesday, 7 March 2023, widely underperforming the broader ASX 200 index. As of 2:45 pm AEDT, MP1 shares were trading 13.76% lower at AU$4.950 as against 0.54% gain in the ASX 200 index. The selloff in the shares of the ASX 200 tech company was triggered by the ..read more

Highlights The SRN stock jumped over 20 per cent on 07 March 2023.  Ticking off a major upgrade, Surefire Resources has announced the Exploration Target Estimate (ETE) for the Victory Bore vanadium project.  The ETE has been derived as a lower and upper limit range of 682 Mt to 1,190 Mt @ 0.2% to 0.43% V2O5..  According to SRN, Victory Bore’s MRE along with the ETE takes the project’s potential in a range of 1,003Mt to 1,511Mt @ 0.2% to 0.43% V2O5, making it world class and potentially one of the world’s largest vanadium resources. ASX-listed diversified mineral explorat ..read more