Latest Asx News

Wia Gold has raised A$92 million through a heavily supported placement to accelerate development of its Kokoseb Gold Project in Namibia, underpinning progress towards a Definitive Feasibility Study due later this year.

Webjet Group reported a 1% revenue rise to $136.4 million for FY26 but saw underlying EBITDA drop 20% to $28.1 million due to increased investment and softer trading. The company completed its Locomote acquisition, announced a fully franked 4 cents per share dividend, and revealed CEO Katrina Barry’s resignation.

WA1 Resources has significantly increased the indicated resource at its Luni Niobium Project to 93 Mt at 1.32% Nb2O5, backed by A$131 million in cash and progressing key development workstreams including permitting and metallurgical testwork.

Amara Minerals (ASX:AM3) has revealed high-grade gold-antimony intercepts from its deepest drilling at the Trojan Prospect within Victoria’s Lauriston Project, highlighting an expanding mineralised system with potential critical minerals significance.

Barton Gold’s recent drilling at the Challenger Gold Project confirms new open-pittable mineralisation at Challenger South-Southwest and Challenger 3, underpinning potential resource upgrades and a low-risk mill restart.

Saturn Metals has reported robust drilling results at its Apollo Hill Gold Project, reinforcing a near-term upgrade to its 2.24 million ounce Mineral Resource. The new data will underpin the upcoming Definitive Feasibility Study and updated Ore Reserve.

Comet Ridge has voluntarily suspended trading of its shares on the ASX pending an update on its acquisition of Santos’ stake in the Mahalo Gas Project. The suspension aims to prevent uninformed trading while discussions continue, with an announcement expected before markets reopen on 21 May 2026.

Aguia Resources has implemented optimized narrow vein mining at its Santa Barbara Gold Project in Colombia, pushing head grades to 12 g/t Au and improving recoveries, signaling a step-up in production quality.

Prairie Lithium has raised $1.42 million via an At-the-Market equity raise at a slight premium to fund the construction of its first production facility at the Prairie Lithium Brine Project in Saskatchewan.

Core Lithium has kicked off mining at the Grants open pit within its Finniss Lithium Operation, aiming to process ore by September and ship spodumene concentrate by December. This milestone advances the company's production restart on schedule.

49 Metals has secured eight additional patented mining claims at its Gold Mountain Project in Nevada, enhancing operational flexibility and exploration potential without extra expenditure.

88 Energy is gearing up to drill its Augusta-1 exploration well in Alaska’s North Slope, targeting a stacked oil resource estimated at 133.7 million barrels gross unrisked. The company has secured key operational assets and is progressing farm-out talks to share drilling risks ahead of the planned Q1 2027 spud.