Latest Asx News

Highfield Resources Limited has had its ASX trading suspension lifted immediately following a key announcement on its funding arrangements, signaling renewed market confidence.

Highfield Resources has inked a non-binding letter of intent with Qinghai Salt Lake, a China Minmetals subsidiary, for a US$300 million equity investment aimed at fast-tracking its potash projects in Spain and Canada.

Highfield Resources has obtained a standby loan facility from EMR Capital to support its operations and strategic transaction progress, including advancing its flagship Muga Project. The company also extended the maturity of its convertible loan notes, underscoring ongoing investor confidence during a pivotal phase.

Ramelius Resources has obtained regulatory relief from ASIC, extending the deadline to make its takeover offer for Spartan Resources by an additional 31 days, a move that could influence the pace and outcome of the acquisition.

Infinity Mining Limited has successfully closed a pro-rata entitlement issue, raising over $280,000 through new options set to be listed on the ASX next week.

Mount Burgess Mining NL has voluntarily suspended trading of its shares on the ASX pending a court ruling on the validity of a recent cleansing notice tied to new share issuance.

OM Holdings has agreed to sell its 26% interest in Ntsimbintle Mining to Exxaro Resources for US$101.4 million, marking a strategic shift to refocus capital on core operations while maintaining a commercial partnership.

Clean Seas Seafood Limited has entered a binding scheme of arrangement with Yumbah Aquaculture, offering shareholders a 52% premium cash exit or a speculative scrip alternative. The Independent Board Committee recommends approval, with a shareholder meeting set for June 23.

Nimy Resources has clarified that no undisclosed information explains its recent share price jump, pointing instead to ongoing drilling and positive media coverage about a gallium discovery.

Patronus Resources has extended gold mineralisation at its Glencoe deposit in the Northern Territory through a recent drilling campaign, revealing multiple high-grade zones beyond the current resource boundaries.

Ava Risk Group has landed a $0.9 million contract to deploy its advanced fibre sensing technology along a critical 1,104km gas pipeline in India, reinforcing its role in safeguarding vital energy infrastructure.

Ballymore Resources has reported exceptional high-grade gold intersections from its ongoing Stage 5 underground drilling at the Dittmer Project, reinforcing the potential of a large gold system in North Queensland.