Latest Governance News

Basin Energy advances its Scandinavian uranium exploration with new land applications and awaits key sampling results, buoyed by Sweden's move to lift its uranium mining ban.

The Australian Takeovers Panel has declared unacceptable circumstances in Alara Resources Limited's recent rights issue, citing inadequate disclosure and potential control issues involving Al Tasnim Infrastructure LLC. The company faces a costs order and must reassess its fundraising approach.

Bougainville Copper Limited has appointed Johnny Patterson Auna as its permanent CEO, marking a key leadership milestone as the company prepares to ramp up operations at the Panguna mine project.

Hancock & Gore Limited has tabled a non-binding proposal to acquire all assets of H&G High Conviction Limited in exchange for shares, aiming to simplify its structure and boost balance sheet flexibility.

H&G High Conviction Limited has received a non-binding proposal from Hancock & Gore Limited to acquire its entire asset portfolio in exchange for H&G shares, potentially redistributing ownership stakes and altering governance dynamics.

Love Group Global Ltd posts a 4% rise in quarterly customer cash receipts, driven by strong growth in Singapore, while preparing to expand matchmaking services into the UK.

Flynn Gold has significantly expanded its gold exploration footprint at the Golden Ridge Project in NE Tasmania, revealing a large undrilled gold anomaly at Grenadier and reporting high-grade trench and rock chip results. Diamond drilling at the Golden Ridge Adit is complete with assays pending, setting the stage for further resource definition.

Australian Vanadium Limited has secured critical EPA approval for its Gabanintha Vanadium Project, marking a significant step toward construction and production within its broader Australian Vanadium Project.

Orbminco Limited has agreed to divest an 80% stake in its Mt Venn Project to Sarama Resources, receiving equity and cash as it refocuses on its Mongolian assets.

Syrah Resources has been awarded a US$165 million tax credit under the US Inflation Reduction Act to support the expansion of its Vidalia active anode material facility in Louisiana, potentially increasing production capacity to 45ktpa.

True North Copper Limited (ASX: TNC) has been reinstated to trading following the appointment of voluntary administrators, signaling a critical juncture for the copper miner’s future.

True North Copper has successfully completed a $53.44 million capital raising and debt restructuring, exiting voluntary administration and securing ASX reinstatement. The company shifts focus to exploration at Mt Oxide and Cloncurry, retracting prior production plans for the next 12 months.