Latest Asx News

Horizon Oil Limited reported robust FY25 results, highlighted by a strategic acquisition of Thailand upstream assets and a 10-year permit extension at Maari, nearly doubling production and securing a strong outlook through 2030.

Prospect Resources has identified 11 strong electromagnetic conductors at its Mumbezhi Copper Project in Zambia, highlighting promising new exploration targets including the 2.5km Chipimpa cluster. With Phase 2 drilling complete and assay results pending, the company aims to update its Mineral Resource estimate in early 2026.

Red Mountain Mining Ltd has made a strong entrance on the US OTCQB market, surging 36% on its first day of trading as it advances key antimony and gold projects across the US and Australia.

Prescient Therapeutics has achieved a key regulatory milestone with the European Medicines Agency granting Orphan Drug Designation for its PTX-100 therapy targeting Cutaneous T-cell Lymphomas, enhancing its commercial and clinical prospects in Europe.

Middle Island Resources has identified significant lead and zinc soil anomalies at the Tisovik target within its Bobija Project in Serbia, highlighting promising exploration potential in a historically mined area. Assay results reveal high-grade mineralisation footprints extending over 1.5km, setting the stage for further investigation.

Albion Resources has identified a compelling geophysical and geochemical anomaly at its Ives North prospect, setting the stage for a high-priority drilling campaign in early 2026. The untested target lies near previous high-grade gold intercepts, promising significant exploration upside.

Helloworld Travel has tabled a non-binding offer to acquire all remaining shares of Webjet Group at a 31% premium, aiming to create a stronger travel booking powerhouse.

Ridley Corporation reports solid FY25 earnings growth and outlines a diversified growth strategy for FY26, anchored by its recent Incitec Pivot Fertilisers acquisition.

TPG Telecom has successfully raised $300 million through its institutional reinvestment plan, issuing new shares at a discount to offset recent capital returns and strengthen its balance sheet. The plan faced adjustments due to a tragic incident and volatile market conditions.

Narryer Metals reports promising early results using an organic acid to extract rare earth elements at its Rocky Gully project, highlighting potential for cost-effective and sustainable processing.

Canterbury Resources reports encouraging initial assay results from deep drilling at its Briggs copper deposit, confirming robust mineralisation and extending exploration potential. Further results and drilling progress are set to shape the project's next phase.

Larvotto Resources reports a breakthrough 90% tungsten recovery from metallurgical testwork at its Hillgrove project, signaling a new revenue stream alongside gold and antimony production.