Latest Asx News

China’s new export restrictions on molybdenum have shifted global supply dynamics, positioning EV Resources’ Parag copper-molybdenum project in Peru as a strategic alternative supplier to the USA and Americas. With strong drilling results confirming high-grade molybdenum by-product, EV Resources is advancing plans amid growing demand.

Kinetiko Energy reports sustained and improving gas flows from its South African test wells, prompting a drilling optimization study to enhance recovery and support future production.

Belararox Limited has initiated drilling at its Malambo copper-gold porphyry target and is making steady progress at Tambo South, marking a pivotal phase in the Toro-Malambo-Tambo Project in Argentina.

Connected Minerals Ltd has pinpointed priority drill targets at its newly granted Swakopmund Uranium Project in Namibia following a successful HLEM geophysical survey. The company is advancing plans for an initial drilling campaign set to begin in Q2 2025.

Blue Star Helium has initiated well testing at its Great Plains assets in Lincoln County, Colorado, aiming to confirm commercial viability and guide development decisions. Positive results could accelerate the company’s expansion in North America’s helium market.

Renegade Exploration Limited has identified a significant high-grade antimony-gold-silver anomaly at its Myschka Prospect within the Yukon Project, Canada, highlighting critical defence metals and promising exploration potential.

VGI Partners Global Investments has raised its semi-annual dividend target to 6 cents per share, reflecting strong profit reserves and a commitment to growing shareholder returns.

Octava Minerals has reported promising high-grade antimony intercepts from its recent drilling at the Yallalong project, highlighting potential for further resource expansion along a key structural corridor.

VGI Partners Global Investments Limited has announced a fully franked ordinary dividend of AUD 0.06 per share for the half-year ending December 2024, alongside a Dividend Reinvestment Plan offering shareholders flexibility.

Stellar Resources has reported a significant new high-grade tin intersection at its Queen Hill deposit, potentially expanding the Heemskirk Tin Project’s resource base and boosting production forecasts.

VGI Partners Global Investments reported a steep $43.1 million loss for the half-year ending December 2024 but announced an increased fully franked interim dividend and expanded share buy-back program.

Solis Minerals has confirmed extensive copper porphyry mineralisation at its Cinto Project in Peru, revealing promising assay results and advancing towards drilling in late 2025.