Latest Asx News

Melbana Energy has begun mobilisation for drilling the Amistad-11 well in Cuba’s Block 9, aiming to restore and improve production after formation damage impacted a key well.

HMC Capital has secured an increased and extended revolving debt facility, enhancing its underwriting capacity and supporting strategic growth initiatives, including its energy transition efforts.

IperionX rebuffs short seller claims by highlighting robust US government support and accelerating titanium production scale-up in Virginia. The company secures over $59 million in funding and advances critical minerals projects toward commercial readiness.

Syrah Resources has secured an $8.5 million tranche from its US DFC loan, deferred interest payments to mid-2026, and issued warrants to the DFC, reinforcing the strategic importance of its Balama graphite operation.

Algorae Pharmaceuticals has announced a non-renounceable Loyalty Options Offer to eligible shareholders, aiming to raise up to $337,678 before costs, with potential additional capital of $4.7 million if all options are exercised. The capital raise supports the company’s pharmaceutical and AI research and development ambitions.

Capricorn Metals Ltd has had its CMMO securities class suspended from ASX trading pending regulatory compliance, raising questions about the company’s next steps.

Sunshine Metals has reported compelling final assay results from its recent diamond drilling program at the Sybil project, confirming significant high-grade gold mineralisation and paving the way for expanded exploration in early 2026.

TPG Telecom has launched a $688 million Reinvestment Plan offering new shares to eligible shareholders, aiming to offset the impact of a recent cash distribution and enhance market liquidity. The plan includes institutional and retail components priced at a discount, forming a key part of the company’s broader capital management strategy.

Catalyst Metals has resolved a key legal dispute to gain 100% ownership of the Plutonic Gold Belt, clearing the way to boost gold production and extend mine life in Western Australia.

Larvotto Resources’ maiden drilling at Freehold confirms robust antimony-gold mineralisation with notable tungsten by-product potential, underscoring growth prospects at Hillgrove.

Energy World Corporation Ltd has outlined a strategic reset including a $442 million debt-to-equity conversion and is progressing towards commissioning its flagship Pagbilao LNG and power project in the Philippines, alongside advancing its Sengkang LNG facility in Indonesia.

Litchfield Minerals has confirmed a substantial 91-metre copper-zinc mineralised zone at its Oonagalabi project, reinforcing the presence of a large-scale, continuous system with significant exploration upside.