Company Summary

Xstate Resources Limited, together with its subsidiaries, engages in oil and natural gas exploration and production business in the United States, Austria, and Canada. The company holds 20% working interest in Anshof-3 in Austria; 33.33% working interest in Borba Natural Gas Drilling in California; and various working interests between 10% and 30% in oil and gas leases in Sacramento Basin, California. It also holds 12% interest in the King Brown gold tenement. The company was formerly known as Oriental Crystal International Ltd. Xstate Resources Limited was incorporated in 1987 and is based in Fremantle, Australia.

Energy

Oil and Gas

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Fortescue Ltd Reshapes Leadership for a Greener Future

Fortescue Ltd refines its leadership team for a greener future. Dino Otranto expands his role to include electrification and hydrogen production, while Agustin Pichot is named CEO Growth and Energy to lead green projects. Two veteran executives also retire, marking an exciting step in the company's evolution.

FMG

Aston Minerals Limited Merger Secures 99% Approval

Aston Minerals Limited and Torque Metals Limited secured strong shareholder backing for their merger schemes. With nearly unanimous votes on both share and option proposals, pending final court approval and conditions, the strategic transaction is anticipated to conclude around June, marking a key milestone for both firms.

ASO

Aston Minerals, Torque Metals Merger Receives 100% Approval

Aston Minerals Limited and Torque Metals Limited have secured overwhelming shareholder and optionholder support for their merger schemes. The successful votes clear key thresholds, propelling the transaction closer to final court approval and anticipated implementation in early June.

TOR

Rio Tinto CEO Succession: Charting a Profitable Future

Rio Tinto announced that its CEO, Jakob Stausholm, will step down later this year following a planned succession process. His leadership has realigned the company's strategy for energy transition and growth. A new CEO is set to be appointed after a rigorous selection process.

RIO

Victory Metals Limited: Price Dip & Volume Spike Clarified

Victory Metals Limited has confirmed that no undisclosed information contributed to recent price and volume movements, reaffirming its commitment to transparency and compliance with continuous disclosure requirements, as approved by its board for all investor-related communications.

VTM

West Wits Mining Limited: $50M Loan & Gold Price Surge

West Wits Mining Limited sees recent trading surges driven by announcement of a USD 50 million senior debt facility, advancing funding for its Qala Shallows gold project amid rising gold prices and positive media coverage.

WWI

Australis Oil & Gas Limited: Solid 2024 Results & TMS Growth

Australis Oil & Gas Limited held its 2025 AGM where leadership emphasized robust safety records, strong production figures, and prudent fiscal management. Despite market volatility, strategic engagements and cost efficiencies position the company well for future development and value creation.

ATS

Provaris Energy Ltd Secures Yinson Deal for CCS Innovation

Provaris Energy Ltd. is set to revolutionize CO2 storage with innovative, large-scale tank solutions. In partnership with Yinson, the company aims to lower costs and boost efficiency amid soaring global carbon capture investments, opening enticing growth opportunities in the expanding CCS market.

PV1

EQ Resources Limited: $18.8M Raise Drives Tungsten Expansion

EQ Resources Limited has secured $18.8M in new capital through a share placement, including a $1.2M loan conversion and strong institutional backing. Proceeds will boost tungsten mine expansion in Australia and Spain, reduce debt, and offer eligible shareholders an attractive opportunity via a share purchase plan.

EQR

EQ Resources Limited Restarts Trading After Capital Raise

EQ Resources Limited has resumed trading following its recent capital raising announcement, signaling renewed market activity. This development offers new traders an attractive opportunity to explore potential growth and diversification in their investment portfolios.

EQR

Jameson Resources Limited Halts Trading for Equity Issue

Jameson Resources Limited has temporarily halted trading pending news on a two-part equity placement. The trading pause will remain until the announcement is released or when normal trading resumes on Monday, ensuring transparency as the company moves forward with its share issuance plans.

JAL

Jameson Resources Limited Trading Halt: What It Means

JAMESON RESOURCES LIMITED has temporarily halted trading pending further news. Beginner traders should stay alert for upcoming updates that may shed light on potential market shifts.

JAL

Thunderbird Resources Limited: NSW Gold & Antimony Prospects

Thunderbird Resources Limited is advancing its high-potential exploration program in northern NSW, targeting high-grade gold and antimony deposits. The investor presentation outlines maiden results and robust technical expertise, offering exciting prospects for traders seeking emerging opportunities in the exploration sector.

THB

Patriot Resources Acquires High-Grade Zambia Copper Deposit

Patriot Resources Limited has signed an agreement to acquire the promising Sugarloaf copper deposit in Zambia, targeting 32,000–62,500 tonnes of contained copper. Timed with nearby smelter development, this deal paves the way for near-term production and long-term growth in copper markets.

PAT

Jupiter Energy Limited: Note Terms Extended for Dual Listing

Jupiter Energy Limited has secured noteholder agreement to extend the interest‐free period on debt notes until December 2028, with capped repayments in 2025 and 2026. This move supports their plans for a dual listing on the Astana International Exchange, positioning them for enhanced international growth.

JPR

Omega Oil and Gas Confirms Extensive Oil & Gas Play

Omega Oil and Gas Limited confirms expansive oil and gas potential in Queensland’s Taroom Trough through successful Canyon-2 logging. With advanced reservoir data and the start of DFIT testing, the company is well-positioned for strategic partnerships and future drilling, making it an attractive opportunity for aspiring investors.

OMA

Critica Limited MD Resigns; Interim CEO to Boost Jupiter

Critica Limited announces Managing Director Philippa Leggat’s resignation after driving key milestones for the flagship Jupiter project. Interim leadership shifts to Dr Stuart Owen as CEO and Jamie Byrde as Executive Director, as the Board begins the search for a new permanent leader to continue the company’s promising development.

CRI

Koonenberry Gold Limited Secures $5M for 10,000m Drilling

Koonenberry Gold Limited has raised $5 million via a strategic institutional placement to fast-track over 10,000m of drilling at its Enmore project and boost exploration at Lachlan, marking an exciting phase for this emerging explorer in NSW.

KNB

Euro Manganese Inc. Secures C$11.2M Financing

Euro Manganese Inc. is set to finalize an C$11.2 million financing by May 26, 2025, fueling its growth in battery-grade manganese production. The transaction, including a private placement and share purchase plan, underpins the company’s strategy in supporting electric vehicle supply chains.

EMN

Resource Mining Corporation Limited: $2M Boost for Tanzania

Resource Mining Corporation Limited has secured strong investor backing with a $2M capital raise to boost copper-gold exploration in Tanzania. The funds will drive exploration, debt repayment, and near-term production potential, with significant director participation underscoring growing confidence.

RMI

New Age Exploration Limited Trading Halt: Wagyu Gold Update

New Age Exploration Limited has requested a trading halt pending new details on promising exploration results from its Pilbara Wagyu Gold project. Trading is expected to resume on 26 May 2025 or once the update is announced.

NAE

Askari Metals Completes Ethiopia's Adola Gold Due Diligence

Askari Metals Limited has completed legal and technical due diligence for its Adola Greenstone Belt Gold Projects in southern Ethiopia. This strategic move into a prolific, underexplored gold region near multi-million ounce deposits positions the company for significant growth and exciting future exploration opportunities.

AS2

West Coast Silver Secures $3M & Acquires Elizabeth Hill

West Coast Silver Limited secures a transformational acquisition of the Elizabeth Hill Silver Project while raising $3M to fund exploration and development. This strategic move and rebranding usher in a fresh focus on high-grade silver opportunities, supported by ongoing drill programs and expanded land holdings.

ERW

Hillgrove Resources: Cu-Au Drilling Expands Nugent Ore

Hillgrove Resources Limited announces exceptional high-grade copper-gold drilling results at its Nugent deposit, extending mineralisation 60 meters below prior estimates. These encouraging findings support accelerated development and signal promising resource growth, making it an exciting prospect for newcomers in the mining sector.

HGO

Kali Metals Limited: New Acquisition Boosts Pilbara Gold

Kali Metals Limited expands its Pilbara gold project by acquiring an adjacent 28.8km² tenement. This move creates a contiguous exploration area at Marble Bar, improving access and efficiency while bolstering the potential for high-grade gold discoveries—a promising development for emerging investors.