Latest Asx News

Conrad Asia Energy Ltd has had its trading suspension lifted following the completion of a significant farm down of 75% of its Duyung Production Sharing Contract. This move marks a pivotal moment for the company’s asset portfolio and market presence.

Conrad Asia Energy has partnered with PT Nations Natuna Barat to farm down a majority stake in the Mako gas field, securing full funding for its development and reducing capital risk. The deal positions Conrad to focus on other exploration assets while retaining operational control.

Electro Optic Systems (EOS) has acquired a UK-based interceptor drone business for A$10 million, adding a cutting-edge counter-drone capability to its portfolio. The move positions EOS as a leader in advanced drone defense technology with a commercial launch expected within two years.

Alara Resources’ Oman joint venture has secured an additional $36.4 million loan facility to fund key capital projects and sustain operations at the Al Wash-hi Majaza Copper Gold Project.

Schaffer Corporation reported a 10% decline in statutory net profit for FY25, driven by mixed segment performances, while maintaining dividends and advancing key property developments.

Connected Minerals Limited (ASX, CML) reports promising uranium drilling outcomes at its Etango North-East project in Namibia alongside a successful $5.1 million capital raise, advancing its exploration agenda in Namibia and Western Australia.

ParagonCare reported solid FY25 results, progressing well on its complex merger integration and expanding its footprint in Asia through the acquisition of Somnotec Group.

Experience Co Limited reported a strong FY25 with record revenue and earnings growth, driven by its Skydiving and Adventure Experiences segments. The company is advancing organic growth and acquisitions while maintaining disciplined capital management heading into FY26.

Australian Gold and Copper Ltd has reported compelling high-grade gold and silver mineralisation near surface at its Achilles deposit in NSW, highlighting a 150m long oxide zone with promising exploration upside.

Eagle Mountain Mining has successfully completed a $1.66 million placement, bolstering its exploration efforts in Arizona’s copper-gold sector with new shares and attaching options.

American Uranium Limited has initiated hydrogeological testing alongside Phase 1 drilling at its Lo Herma ISR uranium project, aiming to expand its resource and validate aquifer conditions critical for in-situ recovery mining.

Catalina Resources has raised A$1.266 million through a share placement to advance its gold exploration in Western Australia's Yilgarn region, alongside proposing a significant share consolidation to streamline its capital structure.