Latest Asx News

Locksley Resources has secured $1.47 million through a heavily subscribed placement to fund a critical minerals exploration campaign at its Mojave Project in California, targeting rare earth elements and antimony.

ALS Limited has successfully completed a $350 million institutional placement, issuing 21 million new shares to fund key laboratory upgrades and maintain financial flexibility. The company also launched a $40 million share purchase plan to further support its growth ambitions.

IPD Group Limited forecasts a modest decline in earnings for FY25, even as revenue grows across key segments and cash flow remains robust.

QPM Energy has refinanced its debt with two new funding agreements totaling $70 million from Dyno Nobel, strengthening its balance sheet and enabling accelerated growth in its gas supply and energy portfolio.

Warriedar Resources has raised A$17 million through a placement to fast-track drilling and development at its Ricciardo deposit, home to Australia’s largest open-pit antimony resource and over 1 million ounces of gold. A Share Purchase Plan will follow, targeting an additional A$2 million.

Alicanto Minerals is set to launch a targeted, low-cost exploration program this northern summer across its Swedish Falun and Sala projects, aiming to unlock new copper, gold, and silver prospects while advancing strategic partnerships.

Copper Search Ltd has successfully raised $850,000 through a placement and announced a subsequent $504,364 rights issue to fund exploration targeting Heavy Mineral Sands in South Australia and gold-copper prospects in New South Wales.

Amaero Ltd updates its financial outlook, targeting positive EBITDA by FY2027 and reaffirming a A$72 million capital investment plan despite delays in US Department of Defense contracts.

Andean Silver Limited has expanded its Cerro Bayo project in Chile with the discovery of a new 1.2km mineralised vein system, featuring exceptionally high-grade silver and gold assays. This breakthrough significantly extends the known Droughtmaster Corridor and sets the stage for upcoming drilling results.

Eagers Automotive reported a record-breaking 2024 with $11.2 billion in revenue and maintained its dividend, while securing a pivotal retail agreement with BYD Australia and unveiling a new community initiative.

Ballymore Resources has won $400,000 in Queensland government grants to accelerate exploration at its Dittmer Project, targeting significant copper-gold porphyry systems beneath historic mines.

Emyria reports sustained six-month improvements in treatment-resistant PTSD patients and announces a strategic research collaboration with Australian National University to advance mental health care models.