Latest Asx News

Austral Resources has executed binding agreements to acquire the Lady Loretta mine from Glencore and plans to repay its Rocklands Facility debt, positioning itself as a debt-free copper producer with enhanced financial flexibility.

Pacific Lime and Cement has locked in a long-term quicklime supply deal with Newmont, anchoring Papua New Guinea’s first domestic quicklime manufacturing project and advancing local industry development.

ADX Energy has reported encouraging initial flow test results from the Reifling Formation at its Welchau-1 well, confirming the presence of methane gas and potential light oil. Ongoing testing aims to establish sustained production and further reservoir characteristics.

WT Financial Group Limited has reported a robust 16.1% increase in net revenue for the half-year ending December 2025, underpinned by strategic acquisitions and a pioneering joint venture. The company’s proprietary AI technology and industry consolidation efforts position it well for continued expansion.

Sandon Capital Investments reported a robust 17.1% total shareholder return for the half-year ending December 2025, underpinned by rising dividends and a narrowing discount to net tangible assets. The shift to monthly fully franked dividends signals a strategic focus on steady income for investors.

American West Metals has commenced a significant diamond drilling program at its West Desert Project in Utah, aiming to grow the largest indium resource in the US and explore high-grade critical metals including gallium and copper.

Anson Resources is set to begin a 2,500-metre drilling campaign at its Yellow Cat project in Utah, aiming to confirm and extend high-grade uranium and vanadium mineralisation along a significant strike length.

Pengana International Equities reported a half-year net profit of $4.6 million, down from $26.9 million last year, while announcing an increased fully franked dividend and initiating a strategic review to address shareholder concerns.

Centaurus Metals has successfully produced over half a tonne of high-grade direct reduction pellet feed from its Jambreiro Iron Ore Project, confirming the product's quality and advancing off-take discussions.

Belararox Limited is accelerating exploration at its TMT Project in Argentina by deploying a second diamond drill rig to test promising copper and precious metals targets, with assay results from initial holes expected soon.

Adherium Limited launches a A$7.52 million equity raising to fund commercial expansion of its Hailie SmartInhaler remote patient monitoring platform targeting asthma and COPD patients in the US. The company aims to scale patient numbers and progress towards value-based care contracts with major insurers.

Tempest Minerals has completed the sale of its Yalgoo Project to Capricorn Metals for $4.5 million in cash and shares, while retaining key iron ore rights. The deal includes potential milestone payments tied to future gold discoveries and mining progress.