Latest Asx News

Eclipse Metals has announced a transformative 70-fold increase in its Grønnedal rare earths inferred resource to 89 million tonnes at a high grade of 6,363 ppm TREO, positioning the project as a globally significant critical minerals asset.

Blue Star Helium has successfully drilled the State 9 well at its Galactica helium project in Colorado, confirming natural gas flow and progressing towards production. Laboratory tests on helium and CO2 concentrations are underway as the company prepares for production tie-in.

Titanium Sands Limited has locked in a $600,000 convertible loan facility from major shareholders to fund environmental studies and progress its Mannar Heavy Mineral Project. This funding milestone follows recent regulatory approvals and marks a critical step forward for the company.

Kingston Resources reports exceptional high-grade gold and copper intercepts from underground drilling at Mineral Hill’s Southern Ore Zone, revealing significant potential to expand the mine’s resource base and extend its life.

Power Minerals has initiated a 2,000m drilling campaign at its Santa Anna project in Brazil, aiming to validate and expand on historic high-grade niobium, rare earth elements, and gallium mineralisation ahead of a potential acquisition.

Pepper Money Limited has announced a fully franked special dividend of 12.5 cents per share, reflecting its robust cash position and ongoing capital management strategy. The payout totals approximately $55.5 million, with key dates set for June and July 2025.

Paradigm Biopharmaceuticals has reached key milestones in its global Phase 3 trial for knee osteoarthritis, activating its first Australian clinical site and enrolling the first patient. With multiple sites in Australia and the US preparing for recruitment, the trial is advancing steadily toward critical data readouts.

Savannah Goldfields has announced a promising new gold Exploration Target at its Big Reef Deposit within the Georgetown Project, potentially extending its resource base and supporting imminent mining plans.

IDP Education has revised its FY25 guidance, forecasting a sharp decline in student placements and language testing volumes due to persistent immigration policy uncertainty across key markets including the UK, Australia, Canada, and the US.

Strickland Metals has reported a significant high-grade gold intercept at its Gradina Prospect within the Rogozna Project, Serbia, advancing its maiden resource plans.

ALS Limited has launched a Share Purchase Plan allowing eligible shareholders to invest up to A$30,000 in new shares at a discounted price, following a recent $350 million institutional placement.

Equinox Resources has validated refinery-grade bauxite with strong extractable alumina and notable gallium concentrations at its Campo Grande Project in Brazil, reinforcing its position in the critical minerals sector.