Latest Asx News

AustChina Holdings has entered a binding agreement to acquire Penwortham Exploration, gaining access to promising gold-antimony and base metals projects in Tasmania’s prolific mining districts. The move positions AustChina to leverage modern exploration techniques on historically rich targets.

Argenica Therapeutics reports compelling preclinical evidence that its lead candidate ARG-007 significantly reduces brain cell damage and inflammation in moderate traumatic brain injury models, marking a promising step toward new TBI treatments.

Dart Mining has applied for a new exploration permit over the historic Raglan Goldfield, aiming to consolidate its gold assets in Central Queensland alongside the recently acquired Triumph Gold Project.

Fortescue Ltd’s subsidiary FMG Pilbara Pty Ltd has acquired a 66.23% majority interest in Red Hawk Mining, advancing its takeover bid with an increased offer price to incentivize remaining shareholders.

AXP Energy has secured $1.25 million through a share placement to accelerate its modular data centre rollout powered by stranded natural gas in Colorado. This capital injection aims to support the company’s pioneering gas-to-power operations tied to Bitcoin mining and other high-performance computing applications.

WT Financial Group has reported a robust half-year performance with underlying revenue up 33.5% and net profit before tax rising 35.8%, driven by operational efficiencies and growing demand for financial advice services.

Vmoto reports a 33% decline in FY24 unit sales but maintains operational cash flow positivity and secures new joint ventures in Thailand and Mexico to bolster its electric mobility footprint.

Antares Metals has identified 49 uranium targets within its Mt Isa North Project, highlighting ten as high-priority for imminent exploration. The findings suggest a promising geological setting akin to established uranium deposits nearby.

Altair Minerals has announced the acquisition of the Venatica Copper Project in Peru, a district-scale opportunity boasting high-grade copper mineralisation and strategic proximity to world-class mines. This move significantly expands Altair's portfolio with promising exploration potential in a globally significant copper belt.

Kingsgate Consolidated Limited celebrates a key production milestone at its Chatree Gold Mine with the 100th gold pour since March 2023, alongside rising head grades and ore volumes exceeding forecasts.

Wellnex Life has secured Therapeutic Goods Administration approval for its Liquid Paracetamol plus Caffeine Soft Gel, marking its fourth market authorisation and opening new revenue avenues.

Gold Hydrogen Limited has secured a $6.45 million R&D tax refund, strengthening its financial position ahead of an ambitious 2025 drilling campaign. The company also announced key leadership changes, including the appointment of a seasoned Chief Geologist.