Latest Asx News

Xenora Minerals has resumed on-ground exploration at its Dudley Lithium Project in South Australia following a detailed geochemical review, supported by a recent $2.1 million capital raise. The company ends the quarter with a strong cash position, positioning itself for further growth in the critical minerals sector.

Carnarvon Energy advances its Bedout Sub-basin exploration with a major drilling campaign planned for early 2027, while maintaining a robust financial position and strategic investment in Strike Energy.

Lindian Resources has accelerated development at its Kangankunde Rare Earths Project, securing full ownership and awarding key construction contracts, while attracting strategic international attention.

Pivotal Metals has raised $5.4 million, including $1.1 million in non-dilutive funding, to ramp up exploration across its Québec copper, gold, PGM, and nickel projects, unveiling multiple high-priority drill targets and advancing resource optimisation at Horden Lake.

Rox Resources has confirmed the economic viability of its Youanmi Gold Project with a robust feasibility study and commenced underground mining, backed by a $218 million equity raise. The company is on track for first gold production by mid-2027.

Gold Mountain Limited has reported promising initial exploration results from its Araxá Project in Brazil, confirming the presence of carbonatite mineralisation with significant niobium, rare earth elements, and phosphorus anomalies. These findings pave the way for expanded sampling and drilling plans.

Great Northern Minerals has reported promising initial antimony assay results from its newly acquired Catalyst Ridge Project and secured a patent option for advanced rare earth flotation technology from the University of Arizona.

Kali Metals has completed its inaugural drilling campaign at the Marble Bar Gold Project and a comprehensive soil sampling program at Higginsville Lithium, with assay results anticipated in the first quarter of 2026.

WAM Income Maximiser Limited has updated its dividend announcement, confirming a fully franked ordinary dividend of AUD 0.0045 per share for January 2026 and setting the Dividend Reinvestment Plan price at AUD 1.61973.

The ASX has released its latest list of entities suspended from trading for over three months, highlighting looming deadlines for report lodgement and trading resumption plans. Failure to meet these deadlines could lead to removal from the official list.

OZZ Resources has entered a binding option agreement with Scorpion Minerals to sell its Maguires Reward project, securing an initial $100,000 fee and potential $2.5 million consideration pending shareholder approval. Exploration activity remained subdued across its portfolio during the December quarter.

Codeifai Limited has responded to an ASX price query denying any undisclosed information behind recent unusual trading activity, while highlighting its nearing completion of the Antenna Transfer acquisition.