Shares in Cassius Mining (ASX:CMD) have shown an increase as much as 6.25% to A$0.034.

The company’s stock is poised for its largest intraday percentage increase since August 24 if the trend continues.

This mining company, which specializes in industrial minerals, reported that both co-arbitrators from CMD and Ghana have agreed to allow a chairperson to be selected by October 9.

CMD has launched an international arbitration against the Republic of Ghana since February.

In trading news, about 580,000 shares have changed hands, surpassing its 30-day average volume by 1.4 times.

The value of the stock has risen 60% year-to-date at the last close.

Cassius Mining is a mining company specializing in the development and extraction of industrial minerals.

Shares of Mineral Resources (ASX:MIN) are up 2.4% at A$68.65, marking their best day since September.

The lithium miner released an announcement that its lithium ore reserve estimate at its Mt Marion deposit has increased by 107% from June 2022.

The company’s ore reserve estimate at its Wodgina lithium deposit also reported an increase of 12% from June 2022.

The update confirms the quality of the company’s lithium and iron ore assets, despite the stock being down 13.2% year to date, as of its previous close.

Mineral Resources is a mining service company specializing in commodities such as iron ore and lithium.

Shares of Diverger dramatically rose, climbing as much as 19.6% to A$1.070.

This marks their most successful day since October 28, 2020, provided the gains are sustained.

Diverger has confirmed its acquisition by Count, for an impressive A$45.3 million.

Under the terms of this agreement, Diverger shareholders will receive A$0.367 per share in cash and 1.38 Count shares per Diverger share held.

The per-share consideration reflects a 27.4% premium to Diverger’s last closing.

The brokerage E&P Capital stated that the company’s projected 6.6x EBITA multiple is at a premium over its 5x estimate.

Diverger’s stock has reached its highest level since November 25, 2022.

Approximately 199,300 shares were traded, in contrast with the 30-day average of around 17,000 shares.

This week, Diverger has increased by 14.1%, marking its best week since August 2022; however, it’s down by 8.2% this year, as of its most recent closing.

Diverger is a company specializing in technological solutions and services.

Charger Metals experienced a significant decrease in their shares, which fell about 44.7% to an all-time low of A$0.105.

The Lithium and battery metals exploration company reported discontinuous and low-grade occurrences of lithium ore spodumene at the Bynoe Lithium Project in the Northern Territory.

If these losses persist, Charger Metals would face its worst trading day ever.

An unusual trading volume was also noted with roughly 2.2 million shares exchanging hands, which vastly surmounts the 30-day average volume of 138,362.

Moreover, the company’s stocks have also slid down by 57.3% YTD, prior to the last closing.

Charger Metals is a company specialized in exploring lithium and battery metals.

Shares of Carbon Revolution (ASX:CBR), the carbon fibre wheel maker, experienced an uptick following the announcement of a structured equity agreement.

This agreement, with Orion Infrastructure Capital, can total up to $110 million.

The funding is expected to provide fresh capital for the company’s operations.

Trading saw about 603,683 shares change hands, marking a significant upturn from the 30-day average volume of 199,378 shares.

Despite this recent surge, the company’s stock is down by 32.4% for the year, as of the latest closing.

Carbon Revolution (ASX:CBR) is a leading manufacturer of carbon fibre wheels.

Shares of New Zealand’s Fonterra Shareholders' Fund (ASX:FSF) soared by as much as 2.6% to reach NZ$3.550, marking their highest value since September 2021.

This uptick was influenced by Macquarie, who raised the FSF’s EPS estimates by 8.7% for the financial years of 2024-2025.

They attributed this positive outlook to Fonterra Co-Operative Group’s strong balance sheet, which not only provides the flexibility to support farmers but also maintains solid dividends.

On the other hand, Macquarie has slightly lowered the price target to NZ$3.52 from NZ$3.63 owing to higher medium-term capital expenditure guidance from Fonterra.

The company recently reported a normalized profit of NZ$1.33 billion for the financial year, a significant leap from NZ$591 million.

About 92,000 FSF shares were reported to have traded, which is higher than the average daily trading volume of 78,000 observed in the past 30 days.

So far this year, the stock has seen a 22% increase.

Fonterra Shareholders' Fund (ASX:FSF) is a New Zealand-based investment fund that provides a way for investors to invest in the performance of Fonterra Co-Operative Group.

Adelong Gold (ASX:ADG) shares remarkably surged to a new high since July 4, following the company’s announcement of a binding agreement acquisition.

The deal consists of three applications for lithium exploration projects located in Lithium Valley, Minas Gerais, Brazil.

Notably, Lithium Valley accounts for officially recognized lithium reserves in Brazil.

Furthermore, the company has received firm commitments, which were oversubscribed for a placement to raise A$1 million ($641,300) at A$0.008 per share.

In terms of trading volume, about 26.8 million shares have changed hands, compared to the monthly average of 788,809 shares.

As of the last closing, the company’s stock has escalated by 28.6% year-to-date, against a 0.37% increase in the benchmark S&P/ASX 200 index.

Adelong Gold is a prominent Australian mineral explorer.

Australian gold stocks, the sub-index referred to with the ticker symbol AXGD, reported a plunge of 1.02%, marking their most significant intraday loss since September 6.

This decrease was in direct correlation with a one-week slump in gold prices, spurred by the advancing U.S Treasury yields and dollar, and the Federal Reserve’s resurgence of an aggressive stance on interest rates.

Shares of major sub-index companies, Newcrest Mining (ASX:NCM) and Northern Star Resources (ASX:NST), also plummeted, with declines of 1.2% and 1.9% respectively.

Furthermore, Northern Star Resources saw its lowest value since August 23, heading on what could potentially be the third consecutive session of losses.

As per the last trading session, AXGD had reported a gain of 12.9% year-to-date.

Newcrest Mining is one of the largest gold mining firms in the world while Northern Star Resources specializes in regional gold production.

Pacgold (ASX:PGO) shares took a steep downward turn, dropping as much as 7.1% to A$0.195, signaling their lowest performance since September 7.

The gold mining firm disclosed firm commitments for a new share placement worth A$3.2 million ($2.06 million).

The detail that raised eyebrows is the issue price of A$0.19 per share, representing a 9.5% discount to the closing price of A$0.21 on September 19.

Prior to this development, the company had its trading halted on September 20 as it prepared to announce the capital raising.

Alarmingly, over 214,683 shares traded hands, more than double the 30-day average volume.

To date, the stock has suffered a 41.7% slide this year, as of its last closing.

Pacgold is a gold mining company struggling against falling stock prices this year.

Nuchev (ASX:NUC) has announced that its Chief Executive Officer, Greg Kerr, has submitted his resignation.

The company made this announcement without providing further details on the reason for the resignation or potential replacement candidates.

Nuchev is an Australian based company specializing in nutritional solutions that are focused on unlocking and sharing the unique benefits of goat milk.