Latest Asx News

Brazilian Rare Earths Limited has raised A$120 million through a share placement to fast-track its high-grade rare earth projects and integrated refinery development in Brazil.

Yugo Metals has raised $3.5 million through a discounted placement to fund its first-ever diamond drilling program targeting gold anomalies at the Sinjakovo Project, with drilling set to commence in November 2025.

Strike Energy has reached key milestones in its South Erregulla Peaking Power Plant project, with engine installations underway and a significant forecast increase in capacity payments boosting revenue prospects.

Gibb River Diamonds has inked a significant ore processing agreement with Black Cat Syndicate, advancing mining operations at its Neta Project with first gold sales expected early next year.

Catalyst Metals has received regulatory approval to build an exploration tunnel at its Four Eagles gold project in Victoria, marking a pivotal step toward underground access and resource expansion. The company is advancing its high-grade gold resource with a secured processing facility and plans for further drilling in FY26.

Middle Island Resources has initiated its first reverse circulation drilling campaign at the Bobija Project in western Serbia, aiming to unlock polymetallic gold, silver, copper, lead, and zinc mineralisation beneath a historic open pit mine. This drilling marks a key step in advancing the company’s strategic acquisition of Konstantin Resources and its foothold in a prolific mineral province.

Flynn Gold Limited has successfully raised $5 million through a rights issue and placement, positioning the company to accelerate drilling and exploration across its Tasmanian gold, silver, and critical metals projects.

Odyssey Gold Limited has reported encouraging results from a technical study supporting open pit mining at its Tuckanarra Gold Project and signed a key Memorandum of Understanding to process ore at Monument Mining’s nearby Burnakura plant.

Aureka’s latest drilling at the Irvine Project in Victoria has intercepted visible gold across multiple holes, hinting at significant high-grade potential and the prospect of expanding its current inferred resource.

Samuel Terry Asset Management extends its takeover offer for Eildon Capital Group, reaffirming a final price of A$0.875 per security and pushing the offer deadline to November 5, 2025.

360 Capital Group (ASX, TGP) has received a $0.31 per security unconditional takeover offer from TT Investments, with the Independent Board Committee unanimously recommending acceptance in the absence of a superior proposal. The offer, supported by an independent expert, provides a premium to recent trading prices and offers certainty of cash consideration.

Ionic Rare Earths has raised $15.6 million through a heavily oversubscribed rights issue and placement, anchored by a $3 million strategic investment from U.S.-based Argentem Creek Partners. The capital will fund the company’s global expansion in magnet recycling and rare earth supply chain development amid rising geopolitical tensions.