Latest Asx News

Cobalt Blue Holdings and Glomar Minerals have shortlisted four US sites and begun testwork for Project Infinity, aiming to build the first commercial polymetallic nodule refinery in the United States.

OD6 Metals reveals multi-element assay results from its Quinn Fluorspar Project showing exceptionally low impurities and high fluorspar grades, supporting potential direct shipping Metspar and upgraded AcidSpar products.

Southern Cross Electrical Engineering (ASX:SXE) has secured $150 million through a fully underwritten institutional placement priced at $4.00 per share, aiming to support new contracts and potential acquisitions. A $15 million share purchase plan will follow, offering existing shareholders a chance to participate.

Nanoveu’s EMASS technology achieves real-time, always-on keyword spotting using bone-conduction vibration on the ECS-DoT edge AI chip at under 1 milliwatt power, eliminating the need for microphones and overcoming key challenges in wearable voice interfaces.

Vita Resources NL is offering existing shareholders in Australia and New Zealand a free pro-rata bonus issue of options exercisable at $0.056, aiming to enhance shareholder value without impacting cash reserves.

LE Minerals has progressed its $20 million sale of key Queensland graphite assets to M Battery Materials, which is preparing a $15 million ASX IPO. Shareholder approval for in-specie share distribution is expected within months.

Cooper Metals has completed site and heritage preparations to begin RC drilling at its Ardmore North and Attina prospects, both showing significant copper-gold anomalies. Drilling will test 2,000m of combined strike with assays pending from recent surface sampling.

Critical Resources has achieved a key milestone by depositing a complete solid-state battery cathode layer in one dry, solvent-free step, potentially simplifying and cutting costs in battery production for high-demand sectors.

PC Gold has reported compelling new gold assay results from its Spring Hill project, alongside a strategic tenement acquisition that expands its landholding by 68km². The company is ramping up exploration with four rigs and a $22 million cash buffer, setting the stage for resource growth beyond the imminent update.

Somerset Minerals has identified extensive copper mineralisation zones at its Coppermine Project in Nunavut, Canada, with a 17km Talisker anomaly near the Danvers deposit and high-grade assays extending Jura North's mineralised system. A maiden Talisker drilling campaign is set for July 2026.

Encounter Resources is aggressively advancing its Aileron niobium project in Western Australia with a comprehensive 70,000-metre drilling campaign and a Mining Lease application, underpinning its push toward development.

Podium Minerals has confirmed a substantial vertical extension of its Parks Reef PGM deposit in Western Australia, with new drilling revealing strong platinum group metal and copper-gold mineralisation to depths of around 450-500 metres.