🔥 Friday 31 January 2025 Fri, 31 Jan 2025

Lithium Energy Limited has secured unconditional shareholder approval for the amended sale of its Solaroz Lithium Brine Project, with completion now staged over two tranches through January 2026. Meanwhile, the company prepares for the Axon Graphite spin-out IPO, navigating an ongoing ASX trading suspension due to operational thresholds.

Scorpion Minerals highlights strong gold and copper exploration prospects in its December 2024 quarterly report, focusing on the largely untested Pharos Project and strategic plans for the Mt Mulcahy copper asset.

Alara Resources reports a marked increase in copper production at its Wash-hi-Majaza mine in Oman alongside encouraging early exploration results from the Block 8 concession, signaling potential growth in its copper-gold portfolio.

Yojee's December quarter report reveals solid transaction growth, successful Global Air deployment in Singapore, and promising progress on its MOSAIC platform, supported by a strong cash position and no debt.

Strike Resources reports steady progress on its high-grade Apurimac Iron Ore Project in Peru, alongside key developments in its Lithium Energy investment and sale agreement.

WA Kaolin Ltd has marked a pivotal operational milestone in Q4 2024 with the successful commissioning of its classifier project, boosting production and product quality. The company is now poised for growth with increasing sales and a planned equity capital raising.

African Gold Ltd reports outstanding drilling results from its Didievi Project, including a 65m intercept at 5.6 g/t gold, prompting an expanded 10,000m drilling campaign and a significant resource update planned for later in 2025.

Cosmos Exploration has taken a major step into the global lithium market by signing an exclusive option agreement to acquire EAU Lithium Pty Ltd, unlocking access to Bolivia’s vast lithium resources and pioneering advanced extraction technology.

ANTAM has reported an all-time high in gold sales for FY24 alongside robust production in nickel and bauxite, underpinned by strategic partnerships and a strong sustainability agenda.

Trinex Minerals corrects its quarterly report and reveals promising exploration progress at the Dudley Lithium Project, while managing a lean cash position and leadership changes.

RareX Limited's December 2024 Quarterly Report reveals significant progress in its Khaleesi Niobium and Mt Mansbridge Heavy Rare Earth projects, setting the stage for targeted drilling campaigns in 2025. The company also highlights strategic business development and sustainability initiatives.

Forrestania Resources has reported significant gold exploration progress with successful maiden drilling at Ada Ann prospect confirming open mineralisation over 225m, alongside acquiring a key tenement at Bonnie Vale to bolster its strategic position.

Arizona Lithium Limited has secured $11 million through a strategic land sale, cleared Pad #3 for lithium production, and completed key drilling activities, while a court injunction temporarily halts exploration at its Big Sandy project.

Resources & Energy Group Limited (REZ) has resumed trial gold mining at its East Menzies Gold Project, focusing on the Maranoa deposit with a vat leach method. The company anticipates its first gold pour on February 1, 2025, marking a pivotal step toward sustained production.

Australian Oil Company Limited (AOK) reports significant progress in its California pipeline acquisition and appoints Chris Hodge as Non-Executive Chairman, signaling a strategic push into US gas exploration.

Infini Resources reports extraordinary high-grade uranium soil assays at its Portland Creek project in Newfoundland, with a peak result of 7.5% U3O8, and announces approval for a maiden diamond drilling program targeting a new discovery.

Diablo Resources advances key US projects with permit progress at King Solomon and reclamation completion at Devils Canyon, while positioning for strategic growth through acquisitions.

Bridge SaaS Limited has recorded its first cashflow positive quarter, driven by strong growth at Brightside and strategic moves into the NDIS and DES sectors. The company is advancing plans for a tailored NDIS 'lite' SaaS offering aimed at smaller providers.

Noronex Limited reports compelling initial drilling results at its Fiesta Project, revealing significant copper and silver mineralisation, while advancing exploration across the Kalahari Copper Belt with South32 funding.

Aston Minerals and Torque Metals have agreed to merge, creating a well-funded gold exploration company with 1.75 million ounces of gold resources and over $5 million in cash to accelerate growth in Western Australia and Canada.

Riversgold Ltd has submitted a Mining Lease application for its Northern Zone Gold Project near Kalgoorlie and reported outstanding high-grade rock chip results from its Saint John Copper Gold Silver Antimony Project in New Brunswick, Canada.

Horseshoe Metals has broadened its Horseshoe Lights project area and entered a strategic agreement with Melody Gold to process gold surface materials, advancing its copper-gold development plans in Western Australia.

DMC Mining Limited progresses its strategic acquisition of the Firawa and Labé uranium projects in Guinea, while navigating key board appointments and capital raising efforts ahead of ASX re-admission.

Spenda Limited has reported a record-breaking quarter with cash receipts soaring 160% year-on-year and payment volumes more than doubling, signaling strong momentum as it advances toward profitability.