Latest Asx News

Alkane Resources has moved forward with its planned merger with Mandalay Resources, scheduling shareholder meetings for late July to approve the deal that would create a diversified Australian-focused gold and antimony producer.

Bailador Technology Investments has updated its portfolio valuations, revealing strong gains in key holdings and a projected gross return of 32.8% for FY25. However, one investment saw a significant decline, tempering overall optimism.

Infinity Mining has identified a promising new gold target at its Cangai Project in northern NSW, reviving interest in the historically rich Sir Walter Scott Gold prospect. The discovery is supported by historical assays and modern LiDAR mapping, setting the stage for upcoming exploration.

Paradigm Biopharmaceuticals has acquired Proteobioactives, securing global rights to an oral combination therapy targeting early-stage osteoarthritis in humans and animals, complementing its injectable PPS phase 3 program.

Singular Health Group has completed a $7.85 million capital raising through a new share issue, alongside additional funds from option exercises, strengthening its financial position for growth in medical imaging technology.

NewPeak Metals has officially appointed Mark Purcell as Managing Director, with David Mason stepping into a Non-Executive Director role, marking a key leadership transition for the base metals miner.

Coda Minerals reports a metallurgical breakthrough at its Elizabeth Creek project, achieving copper recoveries up to 95.9% and silver recoveries of 97.3% using whole-ore leach techniques, promising significant cost savings and project simplification.

Strike Energy unveils a strategic pivot focusing on gas-fired power and upstream gas projects to underpin Western Australia’s energy transition and deliver shareholder value.

Stellar Resources reports strong new tin drill results at Queen Hill, supporting resource upgrades and advancing the Heemskirk project towards production readiness.

Power Minerals has completed a 2,272-metre drilling program at its Santa Anna niobium-REE-gallium project in Brazil, advancing its due diligence ahead of a potential acquisition. Results expected in July could pave the way for a maiden resource estimate.

GenusPlus Group has upgraded its FY2025 EBITDA guidance following strong quarterly results and acquisitions, while securing a significant $20 million rail infrastructure contract through its recent acquisition MGC Solutions.

Horizon Minerals has initiated a major two-phase drilling program at its Burbanks gold project to upgrade resource confidence and explore extensions, underpinning plans for a refurbished processing plant and first gold production by 2026.