🔥 Thursday 31 July 2025 Thu, 31 July 2025

Ramelius Resources has finalized its acquisition of Spartan Resources, issuing new shares and cash to Spartan shareholders while expanding its board and asset portfolio. This move aims to accelerate Ramelius' growth toward becoming a half-million ounce gold producer within five years.

Carbonxt Group Limited advances its Kentucky activated carbon facility with increased ownership and imminent kiln commissioning, while securing $1 million in convertible notes to support growth. The company reports steady revenue and strong market positioning amid tightening US EPA PFAS regulations.

Cambium Bio has cleared key regulatory hurdles for its lead dry eye disease treatment, Elate Ocular, and strengthened its balance sheet with a $2.12 million placement to support upcoming Phase 3 trials.

DigitalX Limited reported a 32.8% increase in digital asset holdings to $72.9 million and raised $20.7 million to pivot its treasury strategy firmly towards Bitcoin. The DigitalX Bitcoin ETF (BTXX) also surged, nearing $53 million in assets under management.

Savannah Goldfields is advancing plans to resume gold production at its Georgetown processing plant and Big Reef mine, capitalizing on gold prices above A$5000 per ounce. The company also unveiled new exploration targets and key executive appointments to drive growth.

Activeport Group Ltd reported a strong Q4 FY25 with significant revenue growth in software and Network as a Service segments, underpinned by new contracts with leading telecom providers and improved cash flow management.

Ramelius Resources has finalized its acquisition of Spartan Resources through a scheme of arrangement, leading to Spartan’s delisting from the ASX and share transfers to Ramelius shareholders.

Emmerson Resources’ latest scoping study confirms the White Devil gold deposit as a major mine with a robust resource base and strong financial metrics, setting the stage for feasibility studies and production growth.

Bastion Minerals has resumed ASX trading under a refreshed leadership team, announcing a JORC-compliant resource at its ICE Copper-Gold Project and completing multiple capital raises to support its renewed exploration focus.

MRG Metals advances its Mozambique Heavy Mineral Sands project through a fully funded joint venture with Sinowin Lithium, securing key mining licences and targeting production within 12–18 months. The company also launches an $818,000 entitlement offer to support further exploration and development.

Northern Minerals reports strong progress on its Browns Range Heavy Rare Earths Project with key regulatory approvals, promising exploration results, and near-completion of its Definitive Feasibility Study amid tightening global supply.

Norfolk Metals advances its Carmen Copper Project in Chile with a newly granted drill permit and a firm $3.5 million capital raise, positioning the company for a maiden drilling campaign targeting significant copper mineralisation.

Prominence Energy has made a bold strategic move into the natural hydrogen and helium sector by agreeing to acquire a vast exploration portfolio in South Australia’s Gawler Craton, backed by a $1.75 million capital raise.

Great Boulder Resources reports a busy quarter with extensive drilling at Side Well and a robust scoping study at Ironbark, highlighting strong project economics and a recent $12.5 million capital raise.

West Coast Silver has kicked off its inaugural drilling campaign at the Elizabeth Hill Silver Project with extraordinary high-grade silver intercepts, including a peak assay of 15,071 g/t. Backed by a $6 million capital raise, the company is poised to accelerate exploration and resource definition in Western Australia's Pilbara region.

Prescient Therapeutics has raised nearly $10 million through a placement and share purchase plan to advance its promising PTX-100 targeted cancer therapy into pivotal clinical stages.

Greenwing Resources reports solid progress across its lithium and graphite assets in Argentina, Madagascar, and Tasmania, completing a $3.5 million equity raise and appointing a new chairman.

NoviqTech launches Quantum Intelligence Pty Ltd, introducing hybrid quantum computing solutions with a $1.25 million placement to accelerate growth and product rollout.

Astute Metals NL has successfully raised $5.5 million through an oversubscribed placement to advance its Nevada lithium and gold projects, including a maiden resource estimate and new drilling campaigns.

Santos has marked a significant milestone in its Pikka phase 1 project with the safe arrival of critical processing modules in Alaska, pushing the project close to completion and setting the stage for increased production by 2027.

Felix Group Holdings Ltd reported a strong FY25 with record contract expansions and new customer acquisitions, boosting enterprise ARR by 20% and achieving positive operating cash flow for the first time. The company is now focused on monetising its growing Vendor Marketplace and expanding internationally.

Medical Developments International (MVP) reports positive operating cash flow in H2 FY25, driven by strong Penthrox sales and strategic distribution shifts in Europe. The company eyes further growth amid regulatory progress and efficiency gains.

Sky Metals Limited has locked in $6.1 million through a share placement to accelerate exploration and development at its flagship Tallebung Tin Project in NSW. The funding will support resource expansion, metallurgical studies, and feasibility work.

Meteoric Resources has announced a maiden Ore Reserve at its Caldeira Project alongside a breakthrough processing partnership and a heavily oversubscribed $42.5 million equity raise, positioning it as a key player in the evolving rare earths market.