Latest Asx News

Big River Industries Ltd has announced a fully underwritten renounceable entitlement offer to raise approximately $10 million, aimed at funding its acquisition of John’s Building Supplies, a leading Western Australian building materials distributor. The offer opens on December 8 and closes on December 17, 2025.

Bindi Metals Limited has launched a fully underwritten non-renounceable entitlement offer of new listed options to existing shareholders, aiming to raise capital through a strategic funding move.

Bindi Metals has appointed seasoned executive Mark Freeman as CEO, aiming to leverage his extensive resource sector experience to advance its exploration projects across three continents.

North Stawell Minerals has raised $500,000 through a strategic share placement to fund ongoing gold exploration projects in Victoria’s Stawell Mineralised Corridor, reinforcing its position for growth into late 2026.

Victory Metals reports breakthrough kinetic leach results at North Stanmore, extracting ~80% of rare earths in 30 minutes versus the previous 4-hour benchmark, promising lower costs and stronger project economics.

African Gold Limited has entered into a binding agreement for acquisition by Montage Gold Corp. in an all-scrip deal valuing African Gold at a significant premium. The transaction aims to combine key Côte d’Ivoire gold assets under one larger entity.

Ausgold Limited’s latest drilling results from the Katanning Gold Project reveal high-grade gold mineralisation beyond current resources, underscoring significant growth potential. The ongoing 44,000m drilling campaign is validating and expanding the project’s resource base in Western Australia.

Minerals 260 Limited has doubled the Mineral Resource Estimate for its Bullabulling Gold Project to 4.5 million ounces, positioning it among Australia’s top gold assets. The update follows extensive 2025 drilling and sets the stage for a Pre-Feasibility Study targeting production by late 2028.

Thunderbird Resources has appointed Scott Funston as a Non-Executive Director, bringing over two decades of mining and financial expertise, while Robin Wilson steps down but remains a consultant.

Magnum Mining & Exploration has launched a two-rig drilling campaign at its high-grade Feirinha Rare Earth Element Prospect in Brazil, aiming to unlock a potentially low-cost REE discovery. Initial metallurgical tests suggest promising recoverability of these critical minerals.

Imagion Biosystems is set to submit its Investigational New Drug application for the MagSense® HER2 breast cancer imaging agent in December 2025, paving the way for a Phase 2 clinical trial in early 2026. Collaboration with Wayne State University has refined the trial design, promising improved patient safety and diagnostic precision.

Evion Group has landed a significant A$1.5 million order to supply expandable graphite to a major US graphite supply chain company, reinforcing its position as a trusted non-Chinese supplier amid growing demand.