Latest Asx News

Red Sky Energy has secured regulatory approval to build the KN2 well site at its Killanoola Oil Project, setting the stage for drilling a promising new target that could boost production and revenues.

Noronex Limited has confirmed deeper, higher-grade copper mineralisation at its Fiesta Project in Namibia through diamond drilling, setting the stage for a substantial 7,000m Reverse Circulation drilling campaign funded by South32.

Telstra Group Limited has confirmed a fully franked ordinary dividend of 9.5 cents per share for the first half of FY25, alongside an updated Dividend Reinvestment Plan price reflecting recent trading activity.

SenSen Networks has secured $2 million in new contracts across Singapore, the USA, and Australia, reinforcing its position as a leader in Live Awareness AI solutions. The company also strengthened its balance sheet with $1.5 million cash received from a recent Montreal project.

Barton Gold Holdings has upgraded its Challenger Gold Project resource to over 300,000 ounces of gold and is advancing feasibility studies targeting production by the end of 2026. The company plans a phased approach starting with tailings reprocessing before fresh rock mining.

Adavale Resources has reported promising shallow, high-grade gold intercepts from its maiden drilling program at the London Victoria Gold Mine, reinforcing the potential to expand its current resource base. The company is advancing with a magnetic survey and planning a second drilling phase to further delineate the deposit.

Metal Powder Works Limited has completed a A$15 million institutional placement, strengthening its balance sheet to scale production and expand its market presence.

Samuel Terry Asset Management has launched an off-market takeover offer for all Eildon Capital Group stapled securities at A$0.80 per security, representing a notable premium over recent trading prices. The move aims to consolidate ownership and potentially delist Eildon Capital from the ASX.

Marimaca Copper has successfully raised A$80 million through a strongly supported placement, positioning the company to advance exploration and development at its flagship Chilean copper projects.

Olympio Metals reveals extensive gold mineralisation at its Bousquet Project in Quebec, highlighting promising high-grade drill results and new structural targets that suggest a potential multi-million ounce deposit.

4DMedical has secured multi-year agreements to deploy its advanced lung imaging technology across Brazil and Australia, supporting national lung cancer screening programs and enhancing lung health diagnostics.

Proteomics International has unveiled new clinical data confirming its PromarkerEso blood test can accurately detect early stages of esophageal adenocarcinoma, potentially transforming screening for a cancer with poor prognosis.