Latest Lead News

Rincon Resources Limited has announced a non-renounceable entitlement offer to issue options aimed at raising approximately $97,520, fully underwritten by Golden Triangle Capital Pty Ltd. The offer may lead to a 25% dilution if all options are exercised.

WAM Income Maximiser (ASX – WMX) has declared its first monthly fully franked dividend, marking a significant milestone shortly after its April 2025 IPO. The company aims to steadily grow dividends while targeting a yield above the RBA cash rate.

Sipa Resources has successfully raised A$1.61 million through a strongly supported placement, positioning the company to advance multiple gold exploration projects across South Australia and Western Australia.

TAL Dai-ichi Life Australia has obtained all necessary regulatory approvals, including from APRA, to finalize its minority investment in Challenger Limited, acquiring a 19.9% equity stake.

Ordell Minerals has raised $3.85 million through a discounted share placement to accelerate drilling at its Barimaia Gold Project and initiate exploration at Goodia and Fisher South in Western Australia.

American Rare Earths is progressing its Halleck Creek Rare Earths Project with multiple mineral processing optimisation tests, ordering critical equipment for a demonstration plant, and initiating test mining to secure bulk samples.

4DMedical has renewed its three-year contract with the University of Michigan Medical Center, reinforcing its foothold in US respiratory imaging. Alongside, a pivotal clinical study validates its technology’s ability to detect early lung disease, while a substantial Australian grant boosts its AI research.

DigitalX has expanded its Bitcoin treasury by acquiring an additional 57.5 BTC, pushing total holdings to over 425 BTC valued at A$78.2 million. This move underscores the company’s commitment to a Bitcoin-first strategy amid growing institutional interest.

Metals Australia Ltd has significantly expanded its Lac Carheil graphite project resource with a 595% increase in graphitic carbon intercepts, setting the stage for an updated Mineral Resource Estimate and advanced mine planning.

McPherson’s Limited anticipates FY25 revenue around $139 million with a strong second-half EBITDA rebound, while its strategic shift to third-party wholesalers sets the stage for significant EBIT gains in FY26.

Lithium Universe has completed the acquisition of New Age Minerals, gaining exclusive rights to a patented solar panel recycling technology that promises to revolutionize critical metal recovery. This move complements its lithium refinery ambitions and positions the company at the forefront of sustainable clean energy solutions.

Energy Transition Minerals' subsidiary ETM Spain has been recommended as the preferred bidder for the Penouta Tin-Tantalum-Niobium mine in Galicia, Spain, marking a significant step in the company's expansion strategy.