Latest Financials News

Gateway Mining has expanded its aircore drilling campaign at the Yandal Gold Project to 44,000 metres, targeting structurally complex shear zones with high gold potential. A diamond rig is set to commence follow-up drilling shortly.

Acusensus Limited has landed its first major automated enforcement contract in the US with Connecticut, marking a significant milestone in its American growth strategy. The five-year deal, valued at US$22.6 million, will see the deployment of AI-enabled speed enforcement technology across work zones.

Micro-X Ltd has received a $5.08 million R&D tax incentive rebate for FY25, with an additional $0.31 million pending approval, reinforcing its innovation-driven growth in medical imaging technology.

Regis Resources delivered gold production in line with guidance for the September quarter, boosting its cash and bullion reserves to $675 million. Investors await the full quarterly report for deeper insights.

Fortescue Ltd has initiated a US$600 million tender offer to repurchase select senior notes, aiming to streamline its debt profile and support sustainability financing efforts.

Bathurst Resources’ subsidiary Telkwa Mining has released an updated feasibility study for its Tenas Steelmaking Coal Project, confirming reserve validity and boosting project valuation despite significant cost inflation.

Jayride Group Limited’s shares have been suspended from trading on the ASX following concerns over its financial health and a critical auditor’s disclaimer. The suspension highlights significant regulatory scrutiny and investor risk.

Snow Lake Resources is set to acquire Global Uranium, creating a leading U.S.-focused uranium developer with a diversified portfolio and enhanced market presence. The merger promises scale, strategic synergies, and exposure to critical nuclear fuel cycle technologies amid supportive U.S. policies.

Global Uranium and Snow Lake Resources have agreed to merge, creating a leading U.S.-focused uranium company valued at A$44.5 million. The deal consolidates key assets and promises enhanced exploration and development opportunities.

Juno Minerals has completed the sale of its Mount Mason DSO Hematite Project to Gold Valley Yilgarn for A$6 million cash plus a 2% royalty, with production set to start mid-2026. The deal strengthens Juno’s cash position while allowing focus on its flagship Mount Ida Magnetite Project.

Delorean Corporation has clarified the timing and rationale behind its delayed disclosure of a $3.3 million profit reduction linked to grid connection delays on its Yarra Valley Water project.

Caspin Resources has successfully completed the initial $2.5 million tranche of its $4.6 million capital raising, issuing over 33 million shares to investors. The company now awaits shareholder approval to complete the remaining funding at its upcoming AGM.