Latest Asx News

Victory Metals Ltd has announced a substantial upgrade to its North Stanmore Heavy Rare Earth Element Project, increasing the mineral resource by nearly 30% and revealing some of the highest heavy rare earth element ratios recorded in Australia.

Dexus Convenience Retail REIT posted a modest decline in revenue and distributions for FY25, yet its portfolio value and conservative gearing strategy underpin a stable outlook.

Forrestania Resources has signed a binding option agreement to acquire 100% of Hyden Project Holdings, adding nearly 300,000 ounces of gold resources in Western Australia to its portfolio. The move aligns with its strategy to expand in the Forrestania gold region, with a major drilling program planned.

PEXA Group has initiated a strategic review of its Digital Solutions business, signaling a shift in capital allocation and revising its FY25 impairment charge guidance significantly higher. The company also updates depreciation and tax expense forecasts ahead of its full-year results.

Charter Hall Social Infrastructure REIT (CQE) reported solid FY25 results, highlighted by strategic acquisitions, a successful $900 million debt refinancing, and a 10.5% lift in distribution guidance for FY26.

Minbos Resources has partnered exclusively with Fertiafrica to produce Angola’s first locally granulated fertilisers, aiming to transform the country’s agricultural landscape with affordable, high-quality products.

Santos Limited has agreed to extend the exclusivity period with the XRG Consortium, allowing more time to finalize due diligence for a potential A$8.89 per share cash takeover. The extension keeps the door open for competing bids, maintaining shareholder options.

Global Health Limited has secured a $186,748 contract to implement its MasterCare+ digital platform at Jarrah House, enhancing alcohol and other drug (AOD) services with tailored technology solutions.

DigiCo Infrastructure REIT’s SYD1 data centre has achieved the highest Australian Government certification for secure data hosting, reinforcing its role in national digital infrastructure.

Power Minerals Limited is set to acquire the Santa Anna Niobium-REE-Gallium Project in Brazil following successful due diligence that confirmed significant mineralisation and expansion potential.

Many Peaks Minerals has reported impressive high-grade gold intercepts from recent drilling at its Ferké Gold Project in Côte d’Ivoire, extending known mineralisation both down-dip and along strike. The expanded drilling program highlights the potential for a significant underground gold discovery.

Nordic Resources has appointed Henrik Grind, a seasoned mining executive with 35 years of experience in Finland and Sweden, as Country Manager to accelerate its gold and nickel-copper projects. This strategic hire coincides with the commencement of a key drill campaign at the Kopsa gold-copper project.