The ASX200 closed up on Thursday, gaining 0.27 of a per cent.
Materials bucked the trend, nudging close to a per cent, whilst consumer staples and real estate took a hit.
Green
Lindian Resources had a stellar day on news it's strengthened its technical team at the Kangankunde Rare Earths Project in Malawi, appointing industry veteran Mojalefa Sechemane as Processing Manager. He brings over 20 years’ experience commissioning and optimising complex mineral processing operations.
Critical Resources was also up today on completing its acquisition of the Cap Burn Gold Project in New Zealand, securing ministerial approval and land access.
Red
Vulcan Energy took a hit today on its capital raise. The company secured over $700 million at a steep discount, saying the funding will drive its shift from development to execution at its flagship Lionheart project.
FireFly Metals was down despite launching a major growth campaign and securing around $139 million dollars in fresh equity. The funds will drive resource expansion and advanced mining studies at its Green Bay Copper-Gold Project ahead of a final investment decision.
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