🔥 Thursday 8 May 2025 Thu, 8 May 2025

PointsBet Holdings Limited has announced a scheme meeting for shareholders to vote on its proposed $1.06 per share acquisition by MIXI Australia, with an independent expert deeming the offer fair and reasonable amid a competing bid from betr Entertainment.

Catalyst Metals has secured the Old Highway Gold Project from Sandfire Resources for A$32.5 million, aiming to boost production with a satellite mine feeding its Plutonic processing plant. The project promises a 4-year mine life producing 35,000 ounces annually at competitive costs.

Tempest Minerals has announced its inaugural inferred resource estimate for the Remorse Magnetite Iron Deposit at the Yalgoo Project, marking a key step towards development with 63.5 million tonnes at 30.6% iron grade.

Challenger Gold Limited has formalized an Investment Protection Agreement with Ecuador, safeguarding its $75 million investment in the El Guayabo Project. Concurrently, the company announced a doubling of its Mineral Resource Estimate to 9.1 million ounces gold equivalent across its Ecuadorian assets.

Adelong Gold has locked in a binding agreement to acquire the Lauriston Gold Project, boasting exceptional high-grade gold mineralisation adjacent to the world-class Fosterville Mine. The acquisition, backed by a $3 million capital raise, positions Adelong to rapidly expand its Victorian gold portfolio.

Alvo Minerals is set to become a leading Brazilian explorer with its proposed acquisition of the Lavra Velha Gold Project, complementing its strong copper-zinc and rare earth portfolios.

Aeris Resources has executed a $60 million refinancing deal with Washington H. Soul Pattinson, extending debt facilities and unlocking working capital, while maintaining its FY25 copper and gold production guidance. The company’s strategic focus on expanding copper output, particularly through the Constellation deposit, signals a confident growth trajectory.

Generation Development Group (GDG) has forged a strategic alliance with BlackRock, combining local market leadership with global investment expertise to develop innovative retirement income solutions for Australian retirees.

Aeris Resources Limited has had its trading suspension lifted following a pivotal announcement on debt refinancing and capital raising, signaling renewed market activity.

Aeris Resources has refinanced its environmental bonding and term debt facilities with Washington H. Soul Pattinson, boosting liquidity and extending debt maturity to support growth projects.

Light & Wonder, Inc. reported steady Q1 2025 results with modest revenue growth, margin expansion, and a strategic acquisition poised to reshape its land-based gaming footprint.

Light & Wonder, Inc. reported a steady 2% revenue rise in Q1 2025, marking its 16th consecutive quarter of growth, alongside margin expansion and a $166 million share buyback. The company is on track to close its strategic $850 million acquisition of Grover Gaming’s charitable business.

Pro Medicus Limited’s U.S. subsidiary, Visage Imaging, has landed a significant five-year, A$20 million contract to implement its cloud-based Visage 7 imaging platform at University of Iowa Health Care, marking a major step in cloud adoption for healthcare IT.

Brightstar Resources reports compelling gold assay results from Sandstone and Laverton, confirming resource growth potential and accelerating drilling plans across key Western Australian projects.

American Rare Earths reports high-grade rare earth oxide results from Wyoming's Cowboy State Mine, reinforcing its strategic position in the US critical minerals landscape.

Cygnus Metals reports standout gold and copper drill intercepts at its Golden Eye prospect, signaling a promising new resource within the Chibougamau Copper-Gold Project. The company plans to leverage these results alongside historic data to define an initial Mineral Resource Estimate.

Centaurus Metals has unveiled enhanced feasibility outcomes for its Jaguar Nickel Sulphide Project, confirming a 15-year open pit mine life with low-cost, high-grade nickel concentrate production. The project’s strong financial metrics and sustainability credentials position it as a strategic nickel supplier outside Indonesia.

Centaurus Metals’ Jaguar Nickel Sulphide Project in Brazil has further reduced its carbon emissions, reinforcing its status as a world-leading low-emission nickel producer and attracting strategic investor interest.

Neuren Pharmaceuticals reports a robust 11% rise in DAYBUE™ US net sales for Q1 2025, alongside a 17% jump in royalty income, setting the stage for an anticipated European market entry in early 2026.

Algorae Pharmaceuticals has partnered with Peter MacCallum Cancer Centre to validate AI-predicted drug combinations across multiple cancer types, aiming to accelerate its oncology pipeline development.

Gorilla Gold has reported further high-grade gold intercepts from extensional drilling at its Lakeview Prospect, revealing shallow mineralisation extending over 1000 metres along strike. Diamond drilling and environmental surveys are underway to support resource growth at the Comet Vale Project.

Nyrada’s experimental drug NYR-BI03 shows promising cardioprotective and anti-arrhythmic effects in animal models, reinforcing its potential as a treatment for acute myocardial infarction.

Strickland Metals kicks off its 2025 drilling campaign with strong high-grade intercepts at the Rogozna Project, reinforcing the commercial potential of its 5.3Moz AuEq Shanac Deposit.

Aurora Labs has reached a critical design freeze milestone under its Australian Defence Force contract, advancing its novel 3D-printed propulsion system towards testing and validation phases.