Latest Asx News

Babylon Pump & Power is set to acquire Matrix Hydro Services, enhancing its water management capabilities in Western Australia’s mining sector, supported by a $3.5 million entitlement offer.

RareX Limited has successfully raised A$2.7 million through a share placement, attracting strong institutional support to advance its rare earths exploration projects in Australia and Kenya.

Centuria Industrial REIT reports robust Q3 leasing activity with over 102,000 sqm of lease terms agreed year-to-date and advances $60 million in development projects, reaffirming its FY25 earnings and distribution guidance.

Babylon Pump & Power Limited has announced an accelerated non-renounceable entitlement offer to raise approximately $3.5 million, aimed at completing a key acquisition and supporting its working capital needs. The offer invites existing shareholders to subscribe for new shares at $0.004 each on a 7-for-20 basis.

Alliance Aviation Services has updated its FY25 financial guidance, aiming for EBITDA between $205-210 million while navigating operational disruptions and planning significant debt reduction by 2026.

Janus Electric Holdings has completed its acquisition of Janus Electric Limited, issuing 50 million shares to finalize the deal and setting the stage for its anticipated ASX reinstatement on May 21.

Estrella Resources has upgraded four reconnaissance permits to exploration licenses in Timor-Leste, significantly enlarging its landholding and enabling advanced exploration activities targeting manganese and limestone deposits.

Freehill Mining is set to boost its Chilean operations with a second processing site launching in June, alongside advancing magnetite sampling and copper-gold exploration projects.

Carbine Resources has been granted a long-term mining lease for its Muchea Silica Sand Project, marking a significant step forward while awaiting further regulatory approvals.

Iltani Resources reports continued broad high-grade silver and base metals assay results from recent drilling at its Orient West project in Queensland, reinforcing its status as Australia's premier silver-indium discovery.

Connected Minerals has completed its inaugural drilling campaign at the Etango North-East Uranium Project in Namibia, exceeding initial plans due to promising geological signs. The company is now gearing up for a follow-up drilling program at its Swakopmund Project.

Tartana Minerals has raised $1.55 million through a director-led unsecured loan facility and appointed Dr Alistair Lewis as its new Chairman, signaling a strategic push in exploration and project advancement.