Latest Asx News

Olympio Metals has agreed to sell its Dufay Project in Quebec to Fokus Mining for CAD$500,000, streamlining its portfolio to concentrate on the promising Bousquet Gold Project near major gold mines.

Pioneer Lithium has confirmed significant high-grade tungsten and gold mineralisation at its North Pine Project in Idaho, revealing two distinct mineral systems at the Springfield Prospect and a new polymetallic target at Silver Cliffs.

Cyclone Metals has appointed Paul Berend as Managing Director and welcomed Caue Araujo as Non-Executive Director, signaling a sharpened focus on its flagship Iron Bear project alongside partner Vale S.A.

Rox Resources secures ASX waiver allowing a discounted Share Purchase Plan without shareholder approval, enabling eligible investors to buy shares at $0.35 each. This move streamlines capital raising while limiting dilution to around 2.5%.

Basin Energy has expanded its Sybella-Barkly rare earth elements and uranium project by securing an additional 183 km² exploration permit, increasing its landholding to 6,140 km². Ongoing drilling targets sediment-hosted and clay-hosted mineralisation with promising early progress.

InvestSMART Funds Management Limited has updated its Distribution Reinvestment Plan rules, making participation automatic for new investors in its Intelligent Investor Active ETFs from January 2026. Existing investors will see no change, but new entrants will need to opt out if they prefer cash distributions.

TPC Consolidated’s proposed acquisition by Wollar Holding Ltd hits a regulatory snag as FIRB approval misses the November 28 sunset deadline, casting uncertainty over the deal’s future.

C29 Metals has explained a delayed filing of a director interest notice as an isolated administrative oversight, reaffirming its compliance policies.

Terra Critical Minerals Limited has had its trading suspension lifted immediately following the announcement of a proposed acquisition and an options entitlements offer, signaling a pivotal moment for the critical minerals miner.

Terra Critical Minerals has launched a non-renounceable entitlement offer of quoted options to eligible shareholders, aiming to raise $586,302 in working capital with potential for $5.3 million if all options are exercised. The offer provides shareholders speculative exposure to the company’s critical and precious metals projects across Australia and North America.

Terra Critical Minerals has inked a binding deal to acquire the True American Tungsten Project in Nevada, a high-grade, historically productive site, while launching a $600,000 entitlement offer to fund exploration amid record tungsten prices.

Lynch Group Holdings Limited (LGL) will be suspended from ASX trading following Federal Court approval of its acquisition by Darwin Aus Bidco Pty Ltd. This marks a significant step in the company’s transition under new ownership.