Latest Resources News

Matsa Resources has advised shareholders to take no immediate action following Patronus Resources’ unsolicited takeover offer, with a formal recommendation expected soon.

Cannindah Resources Limited has responded to an ASX price query, confirming no undisclosed information explains recent stock price movements and affirming compliance with continuous disclosure rules.

AKORA Resources has increased its placement by $25,000, bringing the total to $1.318 million as it advances strategic investor discussions and logistics planning following its Pre-Feasibility Study.

AKORA Resources has raised $1.293 million through a strategic share placement involving its first institutional investor and full board participation, aiming to advance logistics and investor discussions for its Bekisopa iron ore project.

Dateline Resources Limited’s shares were suspended from ASX trading on 3 February 2025 due to a delayed periodic report, raising questions about compliance and future market activity.

Mayur Resources has made significant strides in its Central Lime and Cement Project, finalising a Community Development Agreement and initiating early construction. The company also secured a decade-long quicklime supply alliance and progressed its Orokolo Bay Industrial Sands Project with a major investment partner.

Tribune Resources Limited has announced an on-market buy-back of up to 5.25 million shares, signaling confidence in its capital structure and aiming to enhance shareholder value over the next year.

Miramar Resources Limited will have its trading suspension lifted on 31 January 2025 following the company’s response to a recent media article. This reinstatement marks a pivotal moment for investors awaiting clarity.

Miramar Resources has responded to media reports about court proceedings involving its Executive Chairman Allan Kelly, clarifying the company is not involved and requesting the ASX lift the trading halt.

High Peak Royalties has fully repaid its US$750,000 financing facility with Macquarie Bank, removing all associated securities and guarantees. The company signals confidence in its near-term liquidity and operational funding.

NuCoal Resources Ltd is pursuing a listing on the National Stock Exchange (NSX), aiming to restore active trading of its shares currently suspended on the ASX. The company targets submitting its full application by January's end, signaling a strategic shift in its market presence.

Aurum Resources has announced the suspension of trading and imminent delisting of Mako Gold from the ASX following its successful takeover. Mako shareholders are urged to accept the offer before the deadline to avoid delays in payment.