Latest Resources News

Babylon Pump & Power has secured $0.4 million in convertible loans from key shareholders and plans a $12.7 million rights issue at a 35% discount to address working capital shortfalls and reduce debt.

Golding Contractors, a subsidiary of NRW Holdings, has secured two major contracts worth up to $195 million, underpinning its regional presence and boosting NRW's FY27 order book.

Babylon Pump & Power is steering through a strategic reset with its rental business booming and new funding arrangements in place, aiming to resume trading by August 2026.

BOA Resources Ltd has voluntarily suspended trading of its shares on the ASX pending a potential acquisition announcement, with the suspension expected to last up to five trading days.

Hartshead Resources NL’s takeover by ACAM GP Limited clears its final legal hurdle, triggering suspension of Hartshead shares and setting key dates for shareholder payouts.

The Supreme Court of Western Australia has approved ACAM GP Limited’s full acquisition of Hartshead Resources via a scheme of arrangement, setting the stage for the company’s ASX suspension and shareholder payouts next month.

ASF Group has divested its non-core coking coal subsidiary for A$3.08 million, aiming to refocus capital towards growth and working capital enhancement.

Manuka Resources has locked in an underwriting deal to cover the exercise of over 11 million options, aiming to raise approximately $2.5 million through a share issuance expected by late May.

The Supreme Court of Western Australia has approved the acquisition schemes allowing Li-FT Power to take full ownership of Winsome Resources, with trading suspension on the ASX set for 12 May 2026.

Tribune Resources plans an on-market buyback of up to 5.25 million shares valued at approximately $27.8 million, aiming to return capital without disrupting ongoing operations.

Winsome Resources is set for a decisive court hearing on 11 May 2026 to approve Li-FT Power's acquisition scheme, a critical step toward completing the lithium-focused takeover.

Regener8 Resources NL Ltd (ASX:R8R) has revised its pro rata non-renounceable rights issue, offering new shares at $0.10 each to eligible shareholders across five jurisdictions. The offer aims to raise up to $2.87 million before costs, with further details due in early April.