Latest Asx News

Corazon Mining has secured key gold assets in Western Australia, finalising the Two Pools acquisition and gaining an option on Feather Cap, backed by fresh capital to fund imminent drilling programs.

Eagle Mountain Mining has completed a significant placement of nearly 95.4 million new shares and over 31.8 million options to address the shortfall from its recent entitlement offer, reinforcing its capital base as it advances copper-gold projects in Arizona.

Adslot Ltd reported steady trading for Q2 FY26, highlighting progress in its StoreFront platform roll-out and a promising new partnership with Infomo. The company also posted positive cash flow and significant cost savings.

Rand Mining Ltd reported a significant 96% increase in gold mined during the December 2025 quarter, driven by heightened activity at the Hornet open pit and strong processing through Evolution Mining’s Mungari plant. The company also posted improved cash flows amid ongoing exploration efforts.

APC Minerals has bolstered its financial footing with a $1.765 million capital raise, setting the stage for a strategic review and management transition as it evaluates its gold and critical minerals projects.

Tribune Resources Ltd reported a 96% increase in gold mined at its East Kundana Joint Venture in the December 2025 quarter, alongside ongoing exploration progress in Ghana with assay results pending.

Pantera Minerals has completed a $40 million divestment of its Smackover Lithium Project, pivoting strategically into U.S. critical minerals with a major land acquisition in Arkansas. The company’s strengthened balance sheet and expanded U.S. market presence set the stage for accelerated growth.

E79 Gold Mines Limited reported a solid quarter with a $3.1 million equity raise, ending December 2025 with $3.58 million in cash despite ongoing operating losses.

E79 Gold Mines has significantly expanded its Western Australian footprint by acquiring a 90% stake in Cue Metals, gaining access to the highly prospective Cue Gold Project in the Murchison region. The company has also launched a high-resolution gravity survey and reported promising exploration results across its key projects.

Otto Energy reported stable oil and gas production for the December quarter, supported by a strong cash position and strategic board changes. Despite a dip in oil prices, the company’s focus on cash flow and cost management positions it well for the year ahead.

Gullewa Limited reported a robust cash flow position for the December 2025 quarter, driven by a significant equity financing that bolstered its cash reserves to over A$9 million. The company continues to invest in its iron ore exploration projects while maintaining operational cash flow positivity.

New Age Exploration Limited (ASX, NAE) has progressed its drilling program at the Wagyu Gold Project in Western Australia while confirming promising gold mineralisation in New Zealand’s Otago region, supported by a recent $3.75 million capital raise.