Latest Asx News

Neometals has confirmed primary copper sulphide mineralisation beneath the historic Rinaldi copper pit, with early assays revealing promising copper grades. The company is advancing geophysical surveys to better define the mineralised system.

Genesis Energy has successfully completed a NZ$300 million rights offer, with strong shareholder participation including the Crown maintaining its majority stake. The capital raise underpins the company’s Gen35 strategy and sets the stage for upcoming share trading.

Ramelius Resources has withdrawn forward-looking financial statements based on a high gold price assumption, issuing a revised investor presentation that reaffirms its strong production growth and shareholder return plans through to FY30.

Triton Minerals advances the sale of a majority stake in its Mozambique graphite assets pending government approval, while assay results from its AuCu Gold-Copper drilling program remain delayed due to lab backlogs.

Merino & Co. Limited has attributed the late lodgement of director interest notices to an administrative oversight and reaffirmed its compliance measures to meet ASX disclosure rules.

ADX Energy has responded to ASX inquiries about recent unusual trading activity, confirming no undisclosed information but highlighting a recent placement settlement as a possible factor.

SunRice Group maintains its forecast for profit growth in FY26, even as revenue is expected to remain flat or slightly decline due to competitive pressures, adverse weather, and geopolitical disruptions.

Key Petroleum Ltd has completed a modest 3% share placement but will not proceed with the remaining 13%, leaving questions over its funding strategy.

Sarytogan Graphite Limited has received over $2 million from key investor Dias Sarsenov, advancing its share placement strategy and preparing for a pivotal board appointment. Meanwhile, a significant top-up investment from the EBRD awaits shareholder approval.

Diatreme Resources has reported a significant boost in mineral recoveries and production forecasts for its Cyclone Project in Western Australia, driven by advanced metallurgical testwork and flowsheet optimisation.

Winchester Energy has begun drilling the JVU-4 water-injection well as part of its Varn waterflood project, aiming to boost oil recovery through enhanced reservoir management.

Findi Limited has secured $9 million in the first tranche of its $25 million placement, enabling debt reduction and strategic shifts including the cancellation of the Nova transaction and increased ownership in Transaction Solutions International.