Latest Growth Strategy News

APA Group has agreed to sell its 20% stake in the Allgas gas distribution network to Stonepeak affiliates, marking another step in its strategy to simplify operations and focus on core growth areas.

FireFly Metals has successfully raised approximately A$139 million through a multi-part equity raising, significantly bolstering its cash reserves to advance its flagship Green Bay Copper-Gold Project in Newfoundland. The company also closed its oversubscribed Share Purchase Plan early, reflecting strong investor demand.

Alicanto Minerals has acquired the Mt Henry Gold Project in Western Australia, boasting nearly 900,000 ounces of shallow, high-grade gold resources. The company is set to initiate a substantial $28 million equity raise to fund an extensive 50,000-metre drilling campaign aimed at rapidly expanding the resource base.

Alicanto Minerals has agreed to acquire the Mt Henry Gold Project in Western Australia, adding a 0.9 million ounce gold resource and initiating a $28 million capital raise to fund an aggressive drilling campaign.

Comet Ridge Limited is set to acquire Santos’s 42.86% stake in the Mahalo Gas Project, consolidating full ownership and operator status. This move significantly increases the company’s gas reserves and positions it to better serve the east coast domestic gas market.

SportsHero Limited’s new HeroPlay mobile gaming platform is off to a strong start in Indonesia, attracting nearly 300 daily subscribers and generating early revenue that validates its market strategy.

True North Copper has released final assay results from its Aquila prospect, confirming continuous high-grade copper-cobalt-silver mineralisation extending at least 250 metres deep and 900 metres along strike. The discovery underscores the significant growth potential of the Mt Oxide district.

Resources & Energy Group Limited has raised $2 million to fund drilling and production expansion at its East Menzies Gold Project, following a year of significant operational milestones.

Sierra Nevada Gold (ASX – SNX) has won the rights to explore the expansive As Safra copper-gold project in Saudi Arabia, marking a strategic expansion into a high-potential mining district aligned with the Kingdom’s Vision 2030 ambitions.

Viking Mines Ltd is set to acquire six tungsten projects in Nevada, including the historically productive Linka Project, supported by a $750,000 investment from American Tungsten Corp. This move positions Viking to tap into critical mineral demand amid soaring tungsten prices and geopolitical supply risks.

AIC Mines has successfully extended the Jericho copper deposit in Northwest Queensland by approximately 250 metres down-plunge, revealing promising grades of copper, gold, and silver. These results reinforce the deposit’s potential to support future production growth alongside the nearby Eloise mine.

Acusensus Limited has announced a $30 million equity placement to bolster its balance sheet, alongside winning a landmark $34 million contract in Connecticut, marking a significant step in its US expansion. The company also reported multiple contract expansions in Australia and a new debt facility to support its growth ambitions.