Latest Asx News

Chilwa Minerals’ latest assays from drill hole MPYDD007 at Nakombe South in Malawi confirm a multi-commodity critical minerals system with significant niobium, tantalum, rare earth elements, and gallium mineralisation. The company has defined a maiden conceptual Exploration Target and is advancing drilling towards a maiden Mineral Resource.

The ASX has suspended trading of Canadian Phosphate Limited’s CP8O securities pending compliance with specific listing rules, a move that isolates this security class without affecting the company’s other quoted shares.

Mammoth Minerals reports extraordinary silver, gold, and copper assay results from surface sampling at Nevada’s Blue Dick Mine Prospect, confirming extensive high-grade mineralisation and setting the stage for drilling in Q3 2026.

S2 Resources has completed a heritage survey and begun aeromagnetic work at its Jillewarra gold project, with exploration licences expected soon and a 30,000-metre aircore drilling campaign planned for July.

Midas Minerals extends high-grade copper and silver intercepts at Namibia’s T-13 deposit, reinforcing resource continuity ahead of a planned update later this year.

Electro Optic Systems (ASX:EOS) reports sustained demand driven by global conflicts, launches MARSS business in Europe, and updates 2026 revenue outlook with base business guidance of $240m to $270m.

Frasers Group has initiated an unconditional on-market takeover bid for Accent Group at $0.65 per share, aiming to increase its stake beyond 22.9% amid concerns over Accent’s recent financial performance and strategic direction.

Eureka Group Holdings (ASX: EGH) expects FY26 underlying EBITDA to meet or exceed $21.1 million, driven by seniors’ occupancy above 97% and rent growth exceeding 6%. Capital recycling and a robust acquisition pipeline support growth.

Kalamazoo Resources reports robust high-grade drilling results from its Mt Olympus Resource Definition Program, reinforcing resource continuity and growth potential at the Ashburton Gold Project.

Culpeo Minerals has reported standout copper and gold assays from rock chip sampling at its Fortuna Project in Chile, highlighting potential new target zones at La Florida and El Quillay prospects.

Recharge Metals has completed soil sampling and a detailed gravity survey at its underexplored Sunset Well Gold Project in WA, setting the stage for a major drilling campaign targeting the 94,500 oz Prospero Deposit. The company also expanded its footprint with four new regional projects, supported by a $6 million cash position.

Sunrise Energy Metals is injecting US$5 million into Agni Semiconductor, a US-based developer of aluminium scandium nitride (AlScN) ferroelectric diode memory technology, marking a strategic pivot into downstream semiconductor innovation linked to its scandium resources.