Latest Asx News

Koonenberry Gold has extended gold mineralisation at its Enmore Project to over 415m depth, with visible gold spotted in multiple drill holes and promising results from wide-spaced RC drilling at Hand in Hand. The company maintains a strong cash position to fund ongoing exploration across its NSW portfolio.

Lode Resources secures $4.5 million from institutional investors to push the Montezuma Silver & Antimony Project toward a Pre-Feasibility Study and fund exploration across Tasmania and New South Wales.

Buru Energy has secured $5.3 million through a two-tranche placement to fund enhanced development of the Rafael Gas Project, following a significant uplift in project economics from new engineering insights.

Axel REE is accelerating its in situ recovery (ISR) mining trials at the Caladão Project in Brazil, targeting rare earth elements and gallium extraction through a low-cost, environmentally friendly method. The company is fully funded for pilot wellfield trials at the Woolrich deposit, with expansion potential at Paraíso and Tiger Creek.

The ACCC has escalated its review of Insurance Australia Group’s proposed takeover of RAC Insurance, flagging significant competition concerns in Western Australia’s motor and home insurance markets.

The ACCC has escalated its scrutiny of Insurance Australia Group’s proposed takeover of RAC Insurance, citing potential substantial lessening of competition in Western Australia’s motor and home insurance markets.

Omnia Metals has appointed Graham Peterson as Senior Geologist to drive exploration and resource definition at its key US critical minerals projects, leveraging his extensive North American experience and cross-jurisdictional insights.

Narryer Metals has raised just over $1 million through a strategic share placement priced at a 30% premium, bringing aboard Perth mining investor Tim Goyder as a substantial shareholder. The capital will bolster working capital and project development across its Australian and Canadian critical minerals assets.

High Peak Royalties has secured an upfront A$50,000 option fee from Massive Metals for a 12-month exclusive call option to acquire its Admiral Bay royalty rights, with potential to extend for another year and a total acquisition price of A$2 million.

Orthocell has swiftly converted regulatory approval into clinical use with the first Remplir™ surgery completed in a US Department of Defense hospital, marking a key step in its US commercial expansion.

Resolution Minerals has appointed seasoned mining executive Brett Lynch as a non-executive director to bolster its U.S. growth strategy ahead of a NASDAQ listing. Lynch’s proven North American critical minerals expertise aligns with the company’s ambitions at its Horse Heaven project in Idaho.

SKS Technologies has boosted its Melbourne data centre contract to $210 million, reflecting a significant project scope increase and reinforcing its position in the Australian data centre infrastructure sector. The company is also advancing its NSW footprint with a new $3 million electrical upgrade contract.