Latest Asx News

Mineral Resources Limited reported a steady Q3 FY25 with operational progress at Onslow Iron and lithium assets, alongside ongoing corporate governance reforms and robust financial health.

Sun Silver Limited has initiated a focused drilling campaign at its flagship Maverick Springs Project in Nevada to upgrade its substantial 480Moz silver-gold resource and explore expansion opportunities.

Equinox Resources’ maiden drilling at Mata da Corda reveals a rich titanium mineral assemblage, setting the stage for pilot-scale processing and resource definition. Ongoing metallurgical testwork aims to unlock multi-commodity potential including iron and rare earth elements.

Mount Hope Mining has extended its known mineralisation zones at Black Hill and Mount Hope East, triggering a new geophysical survey and advancing towards its maiden drilling program.

Image Resources NL has achieved a key milestone with first heavy mineral concentrate production and shipment from its Atlas project, setting the stage for positive operating cash flow in the coming quarter.

Following its merger with Poseidon Nickel, Horizon Minerals reports a consolidated mineral resource portfolio featuring 1.8 million ounces of gold and 422,700 tonnes of nickel, positioning the company for sustained production and growth.

Blue Star Helium has reported robust flow rates from multiple development wells and received permitting approval for a helium and CO2 processing plant, advancing its path to first production in H1 2025.

Aumake Limited reports a robust 160% year-on-year surge in quarterly cash receipts to A$12.7 million, driven by new strategic partnerships and operational efficiencies. The company also implements executive salary cuts to sharpen its path toward cash flow positivity.

VRX Limited advances its Arrowsmith and North silica sand projects with a positive EPA assessment and non-binding offtake agreements totaling 440,000 tonnes annually across Asia. Despite an ongoing appeal, the company is progressing toward final approvals and project financing.

Bellevue Gold Limited reported a softer March quarter with production impacted by localized mining issues, prompting a revised FY25 guidance and a $156.5 million capital raise to close out near-term hedges. The company is initiating a strategic review while targeting stronger production in FY26 and beyond.

Northern Star Resources reported solid March quarter results with strong cash flow and progress on its KCGM Mill Expansion, despite operational setbacks delaying grade uplift and prompting a downward revision of FY25 production guidance.

Sipa Resources has validated a large historical gold-in-calcrete anomaly at its Tunkillia North project, identifying a new higher-grade target and advancing drill plans pending heritage clearance.