Latest Investment News

DGL Group projects a challenging FY25 with profits down sharply despite steady revenue, as it undertakes major cost realignment and operational integration to set the stage for future growth.

Victory Metals Limited has launched a $3.75 million placement and options offer aimed at advancing its North Stanmore Heavy Rare Earth Elements project in Western Australia. The capital raise targets sophisticated investors and includes detailed risk disclosures.

Matsa Resources has kicked off mining operations at its Devon Pit Gold Mine, with first ore expected to be stockpiled this month and processing set for September. The project is progressing on schedule, supported by key infrastructure and strategic partnerships.

Centuria Industrial REIT has announced a 4.075 cents per unit distribution for the June 2025 quarter, maintaining its suspended Distribution Reinvestment Plan. Key dates for investors include the ex-distribution on June 27 and payment on August 8.

BluGlass Limited has become an approved supplier to the Indian Ministry of Defence, landing its first $230,000 order for gallium nitride laser development from a leading Indian research lab.

Kincora Copper has broadened its drilling program in NSW’s Northern Junee-Narromine Belt, advancing exploration with AngloGold Ashanti and uncovering promising signs of porphyry copper and epithermal gold mineralization.

Develop Global has commenced concentrate production and cashflow at its Woodlawn copper/zinc mine, marking a significant milestone in its strategy to become a leading ASX copper and base metals company.

Cardiex Limited has announced a fully underwritten 1-for-4 entitlement offer at $0.04 per share, aiming to raise approximately $4.1 million to advance manufacturing and scale its supply chain. The offer closes on 20 June 2025, following a recent $2.4 million placement.

St Barbara Limited is set to exchange its Patronus Resources shares for a significant stake in Geopacific Resources, aligning with its active portfolio management strategy and deepening ties to Papua New Guinea mining projects.

Magmatic Resources reports promising drilling results at the Calais prospect within its Myall Project JV with Fortescue, hinting at a significant new copper-gold porphyry discovery. Further drilling is planned to refine the geological model and explore the system’s potential.

GTI Energy has withdrawn its previous production targets and financial forecasts for the Lo Herma uranium project, citing insufficient confidence in inferred mineral resources. The company plans further drilling to bolster resource reliability and expand the deposit.

Mirrabooka Investment Limited has successfully closed its $85 million entitlement offer, which was oversubscribed, prompting a scale back of Top-Up Facility applications.