Latest Asx News

Wellard Limited's shares have been suspended from trading on the ASX as the company moves toward official delisting, marking a significant shift for investors and the livestock export sector.

Central Petroleum has signed a binding Letter of Intent with Northern Territory's Power and Water Corporation to fast-track drilling of four wells and establish long-term gas supply agreements through 2034.

Zeus Resources has secured Forestry Department approval to begin trenching at its Casablanca Antimony Project in Morocco, clearing a key regulatory hurdle for exploration. The program aims to refine geological understanding and target high-grade antimony mineralization.

Great Divide Mining and Dart Mining have reported the highest gold grades ever recorded at the Banshee Antimony Mine within the Coonambula Project, highlighting a promising mineralised system in Central Queensland.

Following a critical ASIC Inquiry Interim Report, ASX has pledged a strategic reset including a $150 million capital charge and enhanced board independence to restore market confidence.

Moho Resources has completed its maiden drilling at the Bush Chook Project’s Swan Prospect, identifying promising alteration minerals linked to gold, while acquiring 15 new prospecting licences that add six drill-ready targets.

De.mem Limited has closed a $500,000 unsecured shareholder loan facility to fund the rapid expansion of its recently acquired Core Chemicals business amid strong demand from the gold mining sector.

Boab Metals has successfully raised A$60 million through a two-tranche placement and launched a Share Purchase Plan to complete funding for its Sorby Hills Lead-Silver Project in Western Australia.

Alexium International has acquired Microtek Laboratories’ microencapsulation and phase-change material business, backed by a $6.8 million entitlement offer to strengthen its manufacturing and innovation capabilities in the US.

Pure Resources Limited has raised $1.7 million through a share placement and option issuance to advance its Garnet Hills graphite project, highlighting promising jumbo flake graphite findings.

Metal Bank Limited (MBK) has announced its first formal gold resource estimate at the Seven Leaders Starter Pit, marking a pivotal step towards production in 2026. The 6,300-ounce resource underpins a strategy to leverage existing infrastructure and minimise capital costs.

Galan Lithium advances its Hombre Muerto West project with key infrastructure in transit and construction progressing ahead of schedule, targeting lithium chloride production in the first half of 2026.