Latest Market News

The Takeovers Panel has declined to intervene in the ongoing control tussle for New World Resources, despite concerns over delayed disclosure and contested share acquisitions.

Pengana Capital Group has reported a solid increase in funds under management, reaching $3.64 billion as of June 30, 2025, alongside modest net performance fees and upcoming distributions.

Bowen Coking Coal has been hit with a $15.3 million payment demand from BUMA Australia, prompting a reassessment of its financial and legal options amid ongoing recapitalisation talks.

Pure Resources advances its Reedy Creek project by exploring graphite potential and forging US partnerships to tap into thermal management and rare earth element technologies.

Midas Minerals has validated three significant gold trends spanning 9km at its Challa Project in Western Australia, using innovative detectORE™ pXRF technology. The company plans further infill sampling to define drill targets while advancing exploration preparations for its Otavi Copper Project in Namibia.

Western Yilgarn Limited announces a maiden JORC-compliant inferred mineral resource of 39.27 million tonnes at New Norcia, boosting its total bauxite portfolio to 244 million tonnes. The shallow, high-grade deposit benefits from strong infrastructure and promising metallurgical characteristics.

Syntara Limited has initiated dosing in its Phase 1c SATELLITE trial for a novel topical treatment targeting keloid scars, marking a significant step in addressing a $3.5 billion global market. The study, led by Professor Fiona Wood, will evaluate safety and early efficacy over three months.

Nova Minerals has priced a US$11.1 million underwritten public offering on NASDAQ, aiming to boost exploration and development at its Estelle Gold and Critical Minerals Project in Alaska.

Iltani Resources has completed its JORC infill drilling program at the Orient West Silver-Indium Project in Queensland, delivering multiple high-grade assay results that confirm mineralisation continuity and set the stage for an initial JORC Resource estimate by July’s end.

Prescient Therapeutics has extended its Share Purchase Plan closing date to 22 July 2025, aiming to raise up to A$7 million to advance its targeted cancer therapy PTX-100 through Phase 2 clinical trials.

Rapid Critical Metals Limited (ASX, RCM) has unveiled a strategic acquisition of two high-grade silver projects in New South Wales and a critical metals project in British Columbia, supported by a proposed $10 million capital raise.

Janison Education Group has been appointed by the New Zealand Ministry of Education to deliver a new bilingual digital assessment platform for students in Years 3 to 10, marking a strategic expansion into the New Zealand education sector.