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Markets in a Minute: ASX 200 hits 100-day high - gold stocks rally, Cleanaway dives

Markets in a Minute: ASX 200 hits 100-day high - gold stocks rally, Cleanaway dives

The ASX 200 was up .7 of a per cent, and set a new 100-day high.

Materials and telecom bucked the trend - and every sector, except consumer staples - finished in the green.

Green

Riversgold shot up on news it's restarted drilling at its Northern Zone Gold Project - targeting shallow, undrilled ground between key mineralised zones.

And Lightning Minerals was also up after intersecting high-grade gold at Mt Turner in Queensland.

Red

Cleanaway Waste Management plunged on its trading update. The company reaffirmed its FY26 earnings guidance but warned first-quarter trading was subdued, with stronger performance expected in the second half.

Sunrise Energy Metals was also down despite reporting an 87% increase in ore reserves at its Syerston Scandium Project. The update extends the project’s life beyond 30 years, but investors seemed disappointed.

#ASX #Riversgold #LightningMinerals #Cleanaway #SunriseEnergyMetals #GoldStocks #MiningNews