Latest Asx News

Asian Battery Metals has reinforced the potential of its Maikhan Uul copper-gold project in Mongolia with new drilling confirming a substantial massive sulphide zone. Pending assays and geophysical data suggest a promising extension of the mineralised system.

WAM Income Maximiser Limited has launched a Share Purchase Plan offering eligible shareholders a discounted entry point to increase their holdings, aiming to raise up to $48.1 million to fuel portfolio growth and deliver steady dividends.

WAM Income Maximiser Limited is offering eligible shareholders the chance to buy up to $30,000 in shares at a discount, aiming to raise $48.1 million to fuel growth and support monthly dividends.

WAM Income Maximiser Limited has successfully completed an oversubscribed $120.2 million placement, reflecting robust investor confidence since its April 2025 IPO. The company also declared a fully franked dividend for October and provided guidance for upcoming months.

American Rare Earths reports key technical breakthroughs and strong funding progress at its Halleck Creek Rare Earths Project, positioning it as a vital domestic source for the US rare earths supply chain.

Askari Metals has completed the sale of its Australian subsidiary First Western Gold, including the Burracoppin Gold Project, to Forrestania Resources, enabling a strategic pivot to its African exploration assets.

De.mem Limited has acquired Core Chemicals Pty Ltd for $2.68 million, nearly doubling its EBITDA and positioning itself to capitalise on a surging gold sector. The deal combines strong recurring revenues with significant synergy potential.

Iluka Resources has withdrawn its synthetic rutile sales guidance due to uncertainties stemming from Venator's sale and idling of its Greatham titanium dioxide facility. The move highlights growing market challenges and contract renegotiations in the pigment sector.

De.mem Limited has acquired Core Chemicals Ltd for approximately $3 million, significantly expanding its footprint in the Australian gold mining sector and enhancing its pro-forma EBITDA to $1.6 million.

Forrestania Resources has intersected significant copper sulphides in its first diamond drill hole at the Breakaway Dam VMS prospect, confirming the effectiveness of its electromagnetic targeting and hinting at a district-scale copper system.

African Gold Limited has realised a 134% gain from selling Montage Gold shares, boosting its cash reserves to about A$16 million to accelerate exploration at its promising Didievi Gold Project in Côte d’Ivoire.

Litchfield Minerals has intersected significant massive sulphides at the VT2 target within its Oonagalabi Project, extending the mineralised strike length to over 4km. The company is now shifting focus to the stronger VT1 conductor, promising further exploration upside.