Latest Asx News

Bain Capital has increased its non-binding offer for Insignia Financial to A$4.30 per share, matching a competing bid from CC Capital Partners and signaling intensified acquisition interest.

Macmahon Holdings has landed a $463 million mining services contract for the Awak Mas gold project in Indonesia, reinforcing its order book and maintaining its FY25 earnings guidance.

Polymetals Resources is advancing steadily towards restarting production at its high-grade Endeavor silver-zinc mine, fully funded and on track for first output in the first half of 2025.

Peninsula Energy has appointed George Bauk as its new Managing Director and CEO, marking a strategic leadership transition aimed at capitalising on a resurging uranium market and expanding production at the Lance Project.

QEM Limited secures a Controlled Action declaration for its Julia Creek Vanadium and Energy Project, unlocking a streamlined Environmental Impact Statement process through a bilateral agreement between Commonwealth and Queensland governments.

Galan Lithium has secured the full Phase 2 mining permit for its Hombre Muerto West project, enabling a production scale-up to 21,000 tonnes per annum of lithium carbonate equivalent. Positioned in the lowest cost quartile, this milestone cements Galan’s role as a key player in the global lithium market.

Advance Metals Limited has had its trading suspension lifted following compliance with ASX Listing Rules related to proposed acquisitions, signaling a fresh chapter for the mining company.

Advance Metals Limited has entered binding agreements to acquire significant interests in high-grade gold projects in Victoria, Australia, and a major silver project in Durango, Mexico, expanding its precious metals portfolio amid record metal prices.

Minerals 260 Limited has voluntarily suspended trading of its shares as it prepares to announce a significant acquisition, signaling a pivotal moment for the mining company.

Perennial Income Generator Fund has announced an estimated monthly distribution of 1.785 cents per unit for December, reinforcing its commitment to delivering steady income to investors. Key dates for distribution eligibility and participation in the Distribution Reinvestment Plan are now set.

Swoop Holdings has secured a three-year, $30 million wholesale internet services agreement with Flip TV, expected to add $10 million in annual revenue and support Flip’s expanding customer base.

AML3D has delivered Copper-Nickel components for the U.S. Navy’s Virginia-Class submarine program in under five weeks, a dramatic reduction from traditional manufacturing timelines, reinforcing Australia’s role in the AUKUS defense supply chain.