Latest Asx News

Beacon Minerals delivered a strong December quarter with increased gold production and improved recovery rates, while progressing key mining and exploration activities at the Lady Ida Gold Project.

Securelink Networks has increased its stake in the PT&T joint venture to 50.1%, securing effective control, while its VSN Plus product gains strong traction in the Philippine market. The company also advances its ASX re-listing efforts amid ongoing cost reductions.

Marquee Resources has reported strong progress on its Mt Clement antimony and gold project with successful Phase 2 drilling and a strategic collaboration for metallurgical testwork, alongside a significant capital raise to fund ongoing exploration.

Pure Foods Tasmania has reported a profitable quarter with improved margins and strategic growth moves, including a new contract packing deal and the acquisition of premium ice cream brand Elato.

Australian Oil Company Limited (ASX, AOK) has secured key assets in Queensland's Surat Basin and completed a strategic acquisition in California, positioning itself for near-term production growth and exploration upside.

Summit Minerals has acquired the high-grade Keystone Project in Nevada and raised over $1 million through a rights issue, setting the stage for a strategic rebrand to Western Ridge Resources.

Macarthur Minerals reported steady progress at its Lake Giles Iron Ore Project during the December 2025 quarter, alongside key board changes and cautious cash management.

Global Uranium and Snow Lake Resources have agreed to a binding merger scheme, with Snow Lake acquiring all remaining shares of Global Uranium. This follows a major drilling success at the Pine Ridge Uranium Project and regulatory approvals that pave the way for a combined uranium-focused entity.

First Au Limited reports promising gold assay results at its Nimba project in Liberia, while strategically divesting its Victorian Goldfield Project to focus on Western Australian assets.

Resolution Minerals has announced a significant gold discovery at its Golden Gate North Prospect, marking a pivotal shift from exploration to development. The company also advances its critical minerals strategy with key acquisitions and a $25 million capital raise.

AVADA Group Limited reported a robust 24% increase in cash receipts for Q2 FY26, driven by strong sales and strategic leadership changes, while expanding its trade finance facility to support ongoing growth.

Gateway Mining has identified multiple large-scale gold targets across its Yandal projects, accelerating drilling programs backed by a strong capital position. New gold nugget discoveries and extensive geochemical anomalies highlight promising exploration momentum.