Latest Asx News

GenusPlus Group has agreed to acquire Railtrain Holdings for an upfront $36.5 million, significantly boosting its rail services scale and geographic reach across Australia. The deal includes contingent earn-outs tied to future earnings, positioning GenusPlus for immediate growth in the rail infrastructure sector.

Kingfisher Mining and Broken Hill Mines have inked a decade-long agreement to leverage existing processing infrastructure, accelerating Kingfisher’s pathway to production in the Broken Hill region.

Western Ridge Resources has identified several promising shallow mineral targets at its Keystone Project in Nevada, backed by a fully funded 19-hole drilling program set to commence soon.

Earth’s Energy has settled a dispute with minority shareholders over its South Australian geothermal joint venture, agreeing to payments and transferring its JV interest subject to shareholder approval.

Megado Minerals has reported impressive copper and silver assay results from rock chip sampling at its Iberian Copper Project in northern Spain, setting the stage for maiden drilling in Q2 2026.

Vita Resources has commenced mobilisation for its inaugural auger drilling campaign at the Ninnis Gold Project in Western Australia, targeting key regional structures known for significant gold discoveries.

Genesis Energy has opened a NZ$300 million rights offer priced at NZ$2.05 per share, marking a 10.8% discount to the theoretical ex-rights price, aiming to accelerate its growth pipeline following a recent NZ$100 million placement.

AuMEGA Metals has announced a C$5.35 million capital raising via a flow-through unit offer aimed at advancing its exploration projects in Newfoundland and Labrador. The offer includes shares and warrants, targeting Canadian charity investors with tax incentives.

PolarX Limited reports impressive high-grade gold assay results from its inaugural drilling at the Ridgeline prospect within Nevada’s Humboldt Range, revealing wide mineralised zones and plans for extensive follow-up drilling.

Timah Resources Limited has agreed to acquire a 40% interest in Malaysian power generator Cash Horse, marking a strategic move to bolster its renewable energy portfolio. The deal, valued at RM31.6 million and payable over ten years, awaits shareholder approval.

Vinyl Group Limited has responded to ASX concerns after confidential details of its Val Morgan Digital acquisition leaked prematurely to the media, prompting a review of its disclosure controls.

Variscan Mines updates the market on earn-in negotiations for its Irish Zinc assets, clarifying no defaults by partners and signalling a revised timeline for key agreement conditions.