Latest Market News

Prospech Limited has secured a 500 kg bulk sample from the historic Korsnäs rare earth element stockpile in Finland, initiating metallurgical test work in Finland and Australia to unlock strategic REEs. These exploratory tests aim to establish a viable processing flowsheet for neodymium, praseodymium, and samarium extraction.

Codeifai Limited has confirmed entering a binding agreement to acquire the QuantumAI Secure platform from Credissential Inc, affirming its compliance with ASX continuous disclosure rules amid regulatory scrutiny.

Scorpion Minerals has commenced a targeted RC drilling campaign at its expansive Pharos Gold Project in Western Australia, aiming to follow up on multiple historic high-grade gold zones along a highly prospective shear corridor.

Regal Partners estimates at least $35 million in performance fee revenue for the first half of 2025, driven by strong global equity strategies and diverse alternative funds. The full half-year results will be released on 25 August.

Megado Minerals has completed a A$780,000 placement to institutional investors, issuing 39 million shares and attaching options to fund its Iberian Copper Project and working capital needs.

Cobalt Blue Holdings has secured a three-year extension to its Major Project Status for the Broken Hill Cobalt Project, reinforcing its strategic importance to Australia’s critical minerals sector and enhancing development prospects.

Uvre Limited has completed a $4 million equity raise to fund its acquisition of Otagold and fast-track exploration at New Zealand gold projects. The capital raise saw strong director participation, signaling confidence in the company’s new strategic direction.

AMP Limited is set to defend itself against a new class action alleging inflated life insurance premiums and a separate dispute over a major property sale, signaling potential challenges ahead for the financial services giant.

Acrux Limited has secured a further $0.46 million advance on its FY25 R&D Tax Incentive, bringing total advances to $2.19 million and supporting its pharmaceutical product development and working capital needs.

PlaySide Studios’ upcoming game MOUSE – P.I. For Hire has crossed the 1 million wishlist mark on Steam, signaling strong anticipation ahead of its 2025 release. Featuring acclaimed actor Troy Baker, the title is shaping up as a key revenue driver for the company.

Australian Oil Company Limited has resolved a significant financial dispute with former director Gary Jeffery, involving loan forgiveness and a substantial share issuance that strengthens its balance sheet and refocuses management on growth.

Anax Metals has mutually withdrawn its arbitration against a cornerstone investor over exclusive marketing rights, keeping its convertible notes valid and avoiding immediate financial disruption.