Latest Asx News

Pengana International Equities reported a half-year net profit of $4.6 million, down from $26.9 million last year, while announcing an increased fully franked dividend and initiating a strategic review to address shareholder concerns.

Centaurus Metals has successfully produced over half a tonne of high-grade direct reduction pellet feed from its Jambreiro Iron Ore Project, confirming the product's quality and advancing off-take discussions.

Belararox Limited is accelerating exploration at its TMT Project in Argentina by deploying a second diamond drill rig to test promising copper and precious metals targets, with assay results from initial holes expected soon.

Adherium Limited launches a A$7.52 million equity raising to fund commercial expansion of its Hailie SmartInhaler remote patient monitoring platform targeting asthma and COPD patients in the US. The company aims to scale patient numbers and progress towards value-based care contracts with major insurers.

Tempest Minerals has completed the sale of its Yalgoo Project to Capricorn Metals for $4.5 million in cash and shares, while retaining key iron ore rights. The deal includes potential milestone payments tied to future gold discoveries and mining progress.

Qube Holdings has inked a scheme implementation deed with a Macquarie Asset Management-led consortium, valuing the company at approximately $11.7 billion and offering shareholders a 27.8% premium. The deal, subject to regulatory and shareholder approvals, sets the stage for a significant shift in the Australian logistics landscape.

Toubani Resources has delineated 1.6km of new oxide gold mineralisation at its Kobada South area near the process plant, with high-grade drill results expected to boost the upcoming Mineral Resource Estimate update.

Magnetite Mines has secured all necessary permits to commence drilling at its Ironback Hill Rare Earth Element Project, aiming to expand on promising mineralisation discovered last year.

Critica Limited has produced its first commercial-quality Mixed Rare Earth Carbonate from the Jupiter Rare Earth Project, marking a key milestone in advancing its development and processing pathway. The high-grade product validates scalable hydrometallurgical processing and supports the upcoming Scoping Study.

Falcon Metals has successfully extended the high-grade Lotus Zone at its Blue Moon Gold Project by 80 metres, intersecting visible gold in all three drilled sections over a 280-metre strike length. Ongoing drilling continues to reveal multiple stacked Bendigo-style gold zones, underscoring significant exploration potential.

Askari Metals reports strong Phase 1 trenching results at its 100%-owned Uis Project in Namibia, confirming significant polymetallic mineralisation including tin, lithium oxide, tantalum, rubidium, and caesium. The company plans reverse circulation drilling in Q2 2026 to further define the resource.

High-Tech Metals Ltd has reported exceptional high-grade gold assay results from its Wagtail Gold Deposit, reinforcing the deposit's strong continuity and near-term development potential within its Mt Fisher-Mt Eureka Project in Western Australia.