Latest Asx News

Manuka Resources has signed a term sheet for a US$22.5 million loan facility to fund the restart of silver and gold production at its Wonawinta Silver Mine, targeting first production in Q2 2026. This financing complements a recent capital raise and aims to strengthen the company’s balance sheet ahead of production.

Conrad Asia Energy has secured transformative funding and a farm-down deal for its Mako gas field, setting the stage for first gas production by late 2027 amid soaring Indonesian gas demand.

Sentinel Metals has completed a comprehensive field program at its Columbia Gold Project, integrating advanced geophysical surveying and detailed geological mapping to sharpen drill targets ahead of its maiden diamond drilling campaign.

Ovanti Limited’s U.S. BNPL arm, Flote, has signed a Letter of Intent with Nasdaq-listed Miluna Acquisition Corp for a $300 million valuation, aiming for a Nasdaq listing while preserving Ovanti’s majority ownership.

Helix Resources has initiated a comprehensive geophysical and drilling program at its White Hills Copper-Gold Project in Arizona, aiming to unlock significant mineral potential. The integrated approach combines cutting-edge seismic and magnetotelluric surveys with targeted diamond drilling to refine geological models and test promising copper and gold anomalies.

Power Minerals has completed the acquisition of the Santa Anna Niobium-REE-Gallium Project in Brazil, positioning itself as a key South American clean energy metals explorer. A substantial drilling campaign is set to define the project's resource potential.

Horizon Gold reports significant shallow gold intercepts from recent drilling at its Gum Creek Project in Western Australia, alongside ongoing deep drilling and a progressing feasibility study.

Verbrec Limited has completed the sale of its Competency Training business for $11.2 million, positioning itself for strategic growth in energy transition and automation sectors.

Metal Bank Limited is set to complete its acquisition of Hastings Technology Metals' gold assets, bolstering its Western Australia portfolio and appointing Tim Gilbert as CEO to drive its transition from explorer to producer.

Atomos Limited has exercised 259.8 million options, raising $7.8 million to reduce its debt and boost confidence in hitting $23–25 million sales and positive EBITDA in the first half of 2026.

EML Payments has appointed Stuart Will as its new Chief Financial Officer, marking a key leadership transition as the company advances its growth strategy. The change follows significant financial restructuring under outgoing CFO James Georgeson.

Asara Resources reports encouraging results from 11 new drill holes at its Massan deposit in Guinea, validating its geological model and revealing promising extensions of gold mineralisation both near surface and at depth.