Latest Asx News

Ramelius Resources has completed its acquisition of Spartan Resources through a scheme of arrangement, leading to Spartan's imminent delisting from the ASX. Shareholders received a mix of Ramelius shares and cash as part of the transaction.

Bastion Minerals has resumed ASX trading under a refreshed leadership team, announcing a JORC-compliant resource at its ICE Copper-Gold Project and completing multiple capital raises to support its renewed exploration focus.

MRG Metals advances its Mozambique Heavy Mineral Sands project through a fully funded joint venture with Sinowin Lithium, securing key mining licences and targeting production within 12–18 months. The company also launches an $818,000 entitlement offer to support further exploration and development.

Mineral Commodities Ltd faces ongoing delays in the sale of its Skaland Graphite asset amid partial payments and defaults, while advancing negotiations to fully acquire the Munglinup Graphite Project. Operational challenges and financial pressures underscore a pivotal phase for the company’s battery minerals strategy.

Bayan Mining and Minerals Limited has announced a loyalty options offer, granting shareholders one option for every four shares held, exercisable at $0.075 until late 2027. This move aims to incentivize shareholder engagement while potentially raising capital.

Domino’s Pizza Enterprises has explained the late filing of a director interest notice as an administrative oversight, reaffirming its compliance procedures amid ASX scrutiny.

Tombador Iron Limited reported a solid cash position of AUD 9.549 million as it advances the acquisition of the Colomi Iron Project in Brazil, while navigating royalty income challenges and preparing for a capital raise.

Northern Minerals reports strong progress on its Browns Range Heavy Rare Earths Project with key regulatory approvals, promising exploration results, and near-completion of its Definitive Feasibility Study amid tightening global supply.

Norfolk Metals advances its Carmen Copper Project in Chile with a newly granted drill permit and a firm $3.5 million capital raise, positioning the company for a maiden drilling campaign targeting significant copper mineralisation.

Northern Minerals Limited reported a $5.1 million cash outflow from operations in the June quarter but bolstered its balance sheet with a $42.4 million equity raise, ending the period with $24.3 million in cash.

Prominence Energy has made a bold strategic move into the natural hydrogen and helium sector by agreeing to acquire a vast exploration portfolio in South Australia’s Gawler Craton, backed by a $1.75 million capital raise.

Great Boulder Resources reports a busy quarter with extensive drilling at Side Well and a robust scoping study at Ironbark, highlighting strong project economics and a recent $12.5 million capital raise.