Latest Asx News

Lunnon Metals has won a Western Australian government grant to fund diamond drilling at its promising Plentiful Dolerite gold target, located within the prolific Kambalda gold district. This initiative aims to test a potentially blind gold system analogous to nearby major mining complexes.

Magnum Mining’s recent entitlement offer attracted only 22% subscription, failing a key regulatory condition and rendering the offer void. The company now faces the challenge of securing alternative financing to maintain its strategic momentum.

Pivotal Metals has identified exceptional high-grade gold targets at its Lorraine prospect in Quebec, revealing a vast gold-copper system previously overlooked amid copper-nickel mining. An aggressive exploration campaign is now underway to unlock this promising corridor.

Encounter Resources has regained 100% ownership of the Yeneena Copper Project after IGO Limited's withdrawal, setting the stage for renewed exploration focused on high-grade copper zones in Western Australia's Paterson Province.

Terrain Minerals is progressing metallurgical studies on its Larin’s Lane Gallium and Rare Earth Elements project, aiming to develop sustainable extraction methods and expand resource potential. Concurrently, the company has launched a $1.8 million rights issue to fund ongoing exploration and development.

Indiana Resources is making steady progress at its Minos gold deposit in South Australia, with over half of its planned drilling completed and a scoping study underway to support a maiden resource estimate.

Lincoln Minerals has identified multiple sulphide mineralisation zones over a 7km strike at its Minbrie Copper-Base Metals Project, elevating a new priority drill target and preparing for drilling in H2 2025.

Web Travel Group Limited reported a robust 22% increase in Total Transaction Value for FY25, despite a 14% dip in EBITDA due to margin pressures and higher costs. The company is strategically investing in supply and technology to target $10 billion TTV by FY30.

Web Travel Group reported a 22% rise in Total Transaction Value to $4.9 billion for FY25, while underlying EBITDA dipped 13% amid margin pressures and strategic investments. The company completed a $150 million share buyback to mitigate dilution risks and is optimistic about a strong FY26 start.

Fisher & Paykel Healthcare has reported a record full-year revenue of NZ$2.02 billion for FY2025, alongside a 43% increase in underlying net profit after tax. The company also raised its dividend, reflecting strong operational performance and strategic investments.

Mineral Resources Limited has lowered its FY25 volume guidance for Onslow Iron due to haulage constraints but remains on track to reach full capacity by early 2026.

New Frontier Minerals accelerates its NWQ Copper Project development by sending bulk samples to Austral Resources’ Mt Kelly plant, formalizing a key processing partnership that could fast-track copper output.