Latest Asx News

Black Rock Mining Limited has launched a Share Purchase Plan offering shareholders the chance to invest up to A$30,000 at A$0.021 per share, accompanied by free options, aiming to raise around A$2 million to advance its Mahenge Graphite Project.

Resolution Minerals Ltd has reported exceptional assay results from its Antimony Ridge Target in Idaho, revealing record-grade antimony, silver, and gold that significantly expand the known mineralised footprint at its Horse Heaven Project.

TMK Energy Limited’s securities have been suspended from ASX trading due to a missed periodic report deadline, raising questions about the company’s regulatory adherence and market outlook.

Black Rock Mining Limited has announced a $12 million capital raising via a two-tranche placement and a Share Purchase Plan (SPP) to fund early works at its Mahenge Graphite Project. The offer includes new shares priced at $0.021 each with free options exercisable at $0.03, subject to shareholder approval and ASX quotation.

West Wits Mining has raised $17.5 million through a discounted share placement to accelerate gold production at its flagship Qala Shallows project in South Africa. This capital injection, alongside existing loans, positions the company to advance toward steady-state output.

Kinetiko Energy has achieved a record peak gas flow from its latest production test well at Brakfontein, significantly surpassing previous results and advancing its pilot LNG project in South Africa.

Bubs Australia has appointed Paul Jensen as its new Independent Chair and Joe Coote as Managing Director and CEO, signaling a fresh leadership chapter for the infant formula and dairy company.

AMP has reached settlement agreements with several insurers over claims related to historical remediation programs, recovering approximately A$44 million to date while negotiations continue with others.

Forrestania Resources is set to begin a two-phase drilling program at its Hyden Project following regulatory approval and the settlement of legal disputes over tenements.

The Lottery Corporation Limited has confirmed its fully franked interim dividend and set the Dividend Reinvestment Plan price at AUD 5.91 per share, offering shareholders a clear path to reinvestment for the six months ending June 2025.

Revolver Resources has successfully raised A$1.35 million through an oversubscribed equity placement, advancing its Dianne Copper Mine Project towards a Final Investment Decision targeted for late 2025.

Summit Minerals announces a $1.67 million capital raise through a Placement and a fully underwritten Rights Issue, aiming to accelerate exploration in Brazil and pursue new project opportunities.