Latest Asx News

Medallion Metals has secured a US$50 million loan and a copper-gold concentrate offtake agreement with Trafigura, enabling the Final Investment Decision for the Ravensthorpe Gold Project. Development is set to begin pending completion of the Forrestania acquisition.

Aumega Metals has voluntarily suspended its ASX securities as it finalises a capital raising involving a significant new investor. The suspension is expected to last until the capital raising is completed and announced, or until trading resumes on 19 February.

Norwest Minerals has reported robust gold assay results from its Phase 2 drilling at the Bulgera Gold Project, confirming mineralisation continuity at depth and setting the stage for a resource upgrade.

Trek Metals has raised $15 million through a strongly supported share placement to fund a major drilling campaign at its promising Kuro manganese discovery in Western Australia’s Kimberley region.

Silver Mines Limited has secured land access to the Coomber Silver Prospect, reviving exploration on a site with significant historic silver intercepts. The company is advancing reconnaissance work to unlock the potential of this largely underexplored caldera near its flagship Bowdens Silver Project.

Lincoln Minerals is sharpening its focus on copper exploration with a renewed push at its Minbrie Project and new collaborations targeting base metals and graphite markets.

Acrow Limited reaffirms its first half FY26 revenue guidance with a 22% increase year-on-year, driven by robust demand in key Australian regions and strategic capital investments.

Contact Energy has successfully completed a NZ$450 million placement as part of a NZ$525 million equity raise, supported by both existing and new international investors. The company now opens a NZ$75 million retail offer to eligible shareholders, marking a significant capital expansion.

Mt Malcolm Mines NL reports significant progress on its maiden JORC Mineral Resource Estimates for the Golden Crown and Dumbarton prospects, highlighting high-grade gold mineralisation and promising extensions. Metallurgical testwork and further drilling plans aim to unlock early mining potential and cashflow.

MLG Oz Limited reported a robust HY2026 with statutory net profit after tax soaring 73.2% to $7.1 million, driven by strong demand in the gold sector and operational resilience despite early weather setbacks and a safety fine.

Maggie Beer Holdings is fast-tracking a strategic review of its Hampers & Gifts Australia division following unsolicited approaches, while maintaining steady overall revenue and delivering significant cost savings.

Rhythm Biosciences has inked a non-exclusive distribution agreement with 4Cyte Pathology to integrate its ColoSTAT® colorectal cancer blood test into a vast pathology network across eastern Australia, aiming to boost adoption and accessibility.