Latest Asx News

Western Mines Group has announced a landmark Mineral Resource Estimate for its Mulga Tank project, defining Australia’s largest nickel sulphide deposit with over 5.3 million tonnes of contained nickel. The company has secured government grants and raised capital to accelerate drilling and metallurgical testing.

Cosmo Metals has raised $2 million through a strategic placement to fast-track exploration at its promising NSW gold, antimony, and copper projects, with maiden drilling set to begin this quarter.

Fluence Corporation reported a robust 64.7% revenue increase in the first half of 2025, driven by strong project execution in Ivory Coast and growth in key business units. Despite tariff uncertainties and a cautious China outlook, the company maintains its full-year guidance and eyes further backlog expansion.

Vection Technologies capped FY25 with its highest monthly order intake ever, driven by defence and AI/XR contracts, while posting positive pro-forma cash flow despite payment timing issues.

White Cliff Minerals has expanded its Rae Copper Project in Nunavut, Canada, deploying a second drilling rig and uncovering new copper-rich mineralisation zones near the Danvers deposit. Initial assay results and geophysical survey data are expected soon, potentially reshaping the project's resource outlook.

Fluence Corporation Limited reported a positive net operating cash flow of US$5.1 million for Q2 2025, boosting its cash reserves to US$12.7 million and maintaining solid liquidity through revolving credit and loan facilities.

Sunstone Metals reports promising exploration results from its Ecuadorian gold-copper projects alongside ongoing strategic discussions with multiple parties in a buoyant M&A environment.

Nyrada reports successful completion of five cohorts in its Phase I trial of Xolatryp with no safety concerns, alongside compelling preclinical neuro- and cardioprotective data. A Phase IIa trial targeting heart attack patients is slated for early 2026.

Cazaly Resources advances its Goongarrie Gold Project with promising high-grade drill results and identifies a new target area, while maintaining a solid cash position at the end of June 2025.

Australian Gold and Copper Ltd has expanded its South Cobar footprint to 1,400 km² through a key tenement acquisition and completed its largest drilling campaign yet, uncovering promising gold-silver trends that could reshape the district’s mineral potential.

St George Mining has announced a significant high-grade rare earth discovery at its Araxá Project in Brazil, with initial drilling revealing grades up to 13.4% TREO, expanding the known resource by about 1km. This breakthrough highlights the project's potential to become a major global rare earths supplier.

Indiana Resources has reported significant extensions of high-grade gold mineralisation at its Minos prospect within the Gawler Craton Project, alongside a proposed capital return and key executive appointments to drive future growth.