Latest Asx News

Belararox Limited is set to begin drilling four priority copper targets in its Kalahari Copper Project this August, following extensive geological and geophysical surveys. The move marks a significant step forward in exploring a highly prospective region of the Kalahari Copper Belt.

Castle Minerals’ recent drilling at the Kandia Gold Project in Ghana reveals well-defined gold mineralisation extending to 150 metres depth, underpinning a promising multi-deposit corridor. Follow-up exploration is set to expand these findings across the prospective Wa East tenure.

Yandal Resources reports promising initial assay results from its extensive Caladan air-core drilling program, revealing continuous gold mineralisation over more than 800 metres at the Arrakis Prospect. These findings bolster the prospect’s geological potential within the Yandal Greenstone Belt.

Lodestar Minerals announces an additional $500,000 capital raise through a third tranche placement, aiming to accelerate its exploration programs and pursue new opportunities.

Critical Resources Limited has launched a detailed soil-geochemistry survey at its Amoco Gold-Antimony Project in NSW, aiming to sharpen drill targets ahead of planned maiden drilling. Assay results are expected by late August, marking a significant step in advancing exploration within a prolific regional corridor.

Southern Palladium’s Optimised Prefeasibility Study reveals a $857 million project valuation and a 38% cut in peak capital expenditure through a staged development plan for its Bengwenyama PGM project in South Africa.

Sarama Resources has successfully closed the first tranche of a A$2.7 million equity placement to fund exploration at its Cosmo Gold Project and support ongoing arbitration efforts. The second tranche, involving options and director participation, awaits shareholder approval.

Betashares Capital Ltd has released the estimated annual distribution components for its 28BB Fixed Term Corporate Bond Active ETF, signalling a 31% attributed income and a full cash payout for the 2024-25 financial year.

ASX Compliance has formally questioned Rewardle Holdings Limited over delayed disclosures, financial inconsistencies, and governance concerns tied to its investments in Pepper Leaf, Beanhunter, and CloudHolter.

Ashley Services Group reports a slight dip in FY25 EBITDA amid Victorian project delays and funding cuts, opting to suspend dividends to focus on debt reduction and future growth.

Emperor Energy has raised $3.7 million through a share placement to advance the Judith-2 appraisal well in Victoria’s Gippsland Basin, backed by independent resource validation and strategic infrastructure proximity.

Mineral Commodities Ltd updates investors on the delayed sale of its Skaland Graphite Project, with Norge Mineraler making significant non-refundable payments and committing to complete the transaction by the end of July.