Latest Asx News

James Bay Minerals reports a maiden JORC Mineral Resource Estimate of approximately 1.7 million ounces gold equivalent at its Independence Gold Project in Nevada, alongside the start of metallurgical testing and a new drilling campaign targeting resource growth.

Genmin Limited marks a pivotal quarter with the appointment of CEO Andrew Taplin, signing of a key mining convention with Gabon, and a binding MoU with Sinohydro to advance its flagship Baniaka iron ore project.

Botala Energy has secured a mining licence for its Serowe CBM Project and signed a binding LNG offtake agreement with South Africa’s SCAW, marking a pivotal step toward commercial production and regional energy supply.

Octava Minerals reports promising high-grade antimony intercepts at Yallalong and confirms extensive rare earth and lithium mineralisation at Byro, with metallurgical testwork now underway.

Brookside Energy reported a 50% increase in Proved Developed Producing reserves and steady production in Q1 2025, while progressing preparations for a US listing on the NYSE.

BauMart Holdings Limited has announced a rights issue to raise approximately $482,000 by offering new shares at a steep discount, aiming to accelerate equipment delivery, fund R&D, and support international recruitment.

Hammer Metals Limited reported significant progress in its March 2025 quarter, highlighting promising drilling results at Lady Jenny and Mount Mascotte, alongside ongoing joint venture activities and a solid financial position.

BauMart Holdings has unveiled a multi-pronged strategy to tackle construction labour shortages, advance green building materials, and expand mining equipment services, supported by a $482,000 rights issue.

APC Minerals has completed a significant 2,628m drilling program at its Laverton Downs Gold Project and successfully raised $1.93 million through a fully underwritten entitlement offer, while streamlining its Lake Wells tenure to reduce holding costs.

Industrial Minerals Ltd has reported promising progress in its high purity quartz beneficiation and ore-sorting trials at the Pippingarra Pegmatite Project, with growing interest from Asian markets and potential new co-products enhancing project economics.

Control Bionics reports its strongest US revenue in years alongside Australia’s best quarter since 2022, propelled by new product launches and strategic investments.

St Barbara Limited confirms a robust Simberi Expansion Project with a 13-year life of mine plan delivering 2.2 million ounces of gold and annual production exceeding 220,000 ounces from FY28. The project’s strong economics and infrastructure upgrades position it as a significant growth driver amid regulatory uncertainties.