Latest Market News

Xanadu Mines Ltd shares will be suspended from ASX trading following compulsory acquisition notices issued by Bastion Mining Pte. Ltd, signaling a significant shift in ownership.

Babylon Pump & Power has completed two key acquisitions, expanding its water services platform and enhancing earnings with minimal integration risk. These moves position the company for sustained growth in the mining services sector.

Babylon Pump & Power has locked in a $21.15 million debt facility with NAB to refinance existing loans and support recent acquisitions, positioning the company for expanded operations.

DigitalX Limited has responded to a detailed ASX query regarding its Solana staking yields, exclusive validator agreements, and governance disclosures involving key personnel. The company defends its commercial decisions and compliance amid scrutiny over related party transactions and securities trading.

Aeris Resources has secured gold hedges covering half of its FY26 Cracow production at a forward price of A$5,145.75 per ounce, aiming to stabilise revenue amid market fluctuations.

Galan Lithium has completed its final at-the-market raise for 2025, raising $2 million through a share set-off with Acuity Capital. The funds will support development at its Hombre Muerto West lithium project in Argentina.

Tivan Limited is rapidly advancing its critical minerals portfolio, securing joint venture funding for the Speewah Fluorite Project and progressing drilling programs ahead of a mid-2026 feasibility study.

Clime Capital Limited (ASX, CAM) has announced a $14 million convertible note offer featuring a 6.5% fixed interest rate and a maturity date in 2028. The notes are convertible into ordinary shares on a one-for-one basis, providing investors with a hybrid income and equity exposure.

CL8 Holdings has completed the sale of its Carly Car Subscription business to Carbar Holdings, retaining a stake in the merged entity and signaling a strategic pivot towards new growth opportunities.

Image Resources NL is broadening its project development focus beyond the newly commissioned Atlas mine, aiming to mitigate regulatory risks and ensure operational continuity through multiple potential mining projects.

Sequoia Financial Group has launched a dedicated AFSL Governance Committee to bolster oversight across its licenses, appointing former ASIC Commissioner Danielle Press as Independent Chair.

Morella Corporation has publicly disputed Wildcat Resources’ recent Pre-Feasibility Study for the Tabba Tabba Project, highlighting unacknowledged overlaps with joint venture tenements and reserving legal rights.