Latest Asx News

Fortuna Metals Limited has officially changed its name from Lanthanein Resources Ltd and updated its ASX ticker from 'LNR' to 'FUN', effective 20 August 2025. The company also unveiled a new website and detailed its post-consolidation capital structure.

Diablo Resources has commenced its first-ever drilling campaign at the Phoenix Copper Project in Utah, targeting two promising prospects with strong surface copper indications. The fully funded program aims to unlock new copper resources near a major producing mine.

WAM Leaders Limited has raised its fully franked full year dividend to 9.4 cents per share despite underperforming the ASX 200 in FY2025, signaling confidence in a market inflection and a strategic pivot towards quality and growth sectors.

WAM Global Limited outperformed the MSCI World Index in FY2025 with a 19.4% portfolio gain, enabling a higher fully franked dividend of 17 cents per share. The company’s strong results reflect strategic investments in undervalued global growth stocks amid volatile markets.

WAM Leaders Limited reported a strong $63.8 million net profit for FY2025 and declared a fully franked final dividend of 4.7 cents per share, despite its investment portfolio underperforming the benchmark index.

Metal Bank Limited has announced its withdrawal from exploration activities in Jordan, citing geopolitical instability and financial guarantees demanded by local authorities as key reasons.

The Takeovers Panel has accepted an undertaking from betr Entertainment, addressing key disclosure and structural concerns in its takeover bid for PointsBet, while declining to declare unacceptable circumstances.

Adelong Gold has bolstered its cash reserves by $750,000 through the sale of Sarama Resources shares, positioning itself to advance high-grade gold exploration at its Apollo and Lauriston projects in Victoria.

Ryder Capital has announced a 10% increase in its FY25 final dividend, underpinned by a 20% rise in total comprehensive income and a 27.5% jump in pre-tax net tangible assets. The company’s robust portfolio performance and strategic share buybacks signal confidence in sustained shareholder returns.

Adelong Gold has formally issued a Deadlock Notice to Great Divide Mining, citing fundamental disagreements over the approval of the Challenger Gold Mine’s first annual programme and budget. The dispute raises questions about the joint venture’s path forward amid conflicting claims on production targets and technical assumptions.

Wellnex Life announces the resignation of joint CEO George Karafotias, with Zack Bozinovski stepping up as sole CEO. The company plans to repay a $705,000 director loan within 90 days.

WA1 Resources has raised A$100 million through a placement to accelerate pre-development and infrastructure work at its Luni Niobium Project, bolstering its cash reserves to A$168 million.