Latest Asx News

Magnum Mining & Exploration has reported promising leach test results from its Brazilian rare earth projects and announced plans for a critical minerals processing hub in Nevada, supported by a $7 million capital raise.

OMG Group Limited reported a robust 56% year-on-year increase in quarterly cash receipts, driven by expanded product distribution and a strategic $2 million capital raise. The company is poised for further growth with new retail partnerships and a high-profile marketing campaign ahead of the summer sales season.

Streamplay Studio Limited reports its second consecutive cash-flow positive quarter, driven by strong game launches and platform growth across Tier 1 markets and emerging regions.

Galileo Mining reports standout gold assays up to 13.7 g/t with significant palladium and platinum at its Norseman project, setting the stage for upcoming RC drilling to test promising bedrock targets.

Codrus Minerals has completed its inaugural drilling campaign at the Bull Run Gold Project with promising assay results, while advancing uranium exploration in Canada and managing a cautious cash position.

Megado Minerals has secured all seven exploration permits for its flagship Iberian Copper Project in Northern Spain, advancing geological mapping and planning airborne geophysics and maiden drilling. The company also raised A$780,000 through an institutional placement and appointed a new independent director.

Parabellum Resources has received official approvals to start drilling at its Miandetta target within the Redlands Project, aiming to confirm and extend nickel-cobalt mineralisation. The program is slated for completion by December 2025, with results expected early next year.

Sunshine Metals reports strong, shallow gold mineralisation across all drill holes at its Sybil project, reinforcing the potential of this underexplored epithermal system near Charters Towers.

Challenger Limited reported a robust 9% rise in normalised net profit after tax to $456 million for FY25, alongside an 11% dividend increase, while welcoming APRA's capital reforms that promise to boost its financial resilience and growth in retirement income products.

Jumbo Interactive has completed its strategic entry into the US prize draw market by acquiring Dream Giveaway for A$55.4 million, aiming to leverage its digital expertise to fuel growth in a large, underpenetrated market.

Gateway Mining Ltd has initiated a large-scale aeromagnetic survey at its Glenburgh South project, while aggressive drilling continues at the flagship Yandal Gold Project, positioning the company for a pivotal exploration phase in 2026.

Little Green Pharma reported a robust September quarter with revenue exceeding $10 million, driven by growth across all product lines and strong European market performance. The company is poised to benefit from upcoming regulatory reforms and operational efficiencies.