Latest Asx News

Lion Energy has struck a pivotal farm-out deal with OPIC, securing 88% funding for its 2026 Bula Karang exploration well in Indonesia’s East Seram PSC, significantly reducing its financial exposure while retaining substantial upside.

High-Tech Metals Ltd is recommencing a 3,000-metre drilling program at its Wagtail gold deposit in January 2026, aiming to refine resource data and support development studies under a strategic funding agreement.

Nexsen Limited has initiated FDA engagement for its rapid Group B Streptococcus diagnostic sensor, aiming for expedited US market entry, while bolstering its leadership team and scientific credentials.

Locksley Resources has identified a significant high-grade silver and polymetallic mineralised corridor extending nearly 3km at its Mojave Project in California, marking a major step forward in its exploration strategy.

Southern Cross Gold Consolidated has reported exceptional high-grade gold and antimony drill results at its Sunday Creek Project, including a standout 12.2m intercept at 33.3 g/t AuEq. The drilling has connected two major mineralized systems, expanding the project's potential significantly.

Patagonia Lithium has reached 335 metres depth in its Formentera lithium brine drilling program in Argentina, successfully collecting brine and core samples for detailed analysis. The company plans further drilling and geophysical surveys to refine its Mineral Resource Estimate.

MetalsTech Limited has appointed two seasoned technical directors to its board, aiming to accelerate the development of its Sturec Gold Project in Slovakia. These strategic additions come as the company prepares for an expanded exploration program and the completion of a Pre-Feasibility Study.

Olympio Metals has released final assay results from its 2025 drilling at the Bousquet Gold Project, revealing multiple high-grade gold intersections and confirming a large, continuous mineralised system.

Monadelphous Group Limited has secured a $175 million contract with BHP to deliver critical construction works on a car dumper at Finucane Island, reinforcing its strong partnership with the mining giant.

SGH Ltd and Steel Dynamics have jointly proposed a $13.2 billion acquisition of BlueScope Steel, offering shareholders a significant premium and planning a strategic split of assets between Australia and North America.

BlueScope Steel has received a $30 per share takeover proposal from a consortium of SGH Limited and US-based Steel Dynamics, sparking fresh speculation about the steelmaker's future.

BlackRock Investment Management (Australia) Limited has announced estimated cash distributions for a broad suite of Australian iShares ETFs, with key dates set for January 2026. Investors are reminded to update details and consider the Distribution Reinvestment Plan ahead of the record date.