Latest Market News

Tasman Resources has clarified the reasons behind its recent share price jump, pointing to a significant new investor, upcoming drilling programs, and a rising stake in Eden Innovations. The company reassures the market it remains fully compliant with ASX disclosure rules.

London City Equities reveals a strong half-year performance with an 18% rise in investment portfolio values and a favourable legal development involving Excelsior Capital. The company anticipates increased liquidity and is actively seeking new long-term investments.

Eagle Mountain Mining has closed its entitlement offer, raising just over half of its targeted $1.98 million, with a significant shortfall to be placed alongside lead managers. The funds will support its copper-gold exploration projects in Arizona.

3D Energi has confirmed a new gas discovery at the Charlemont-1 well in Victoria’s Otway Basin, reinforcing the prospectivity of the Charlemont Trend and the potential for increased domestic gas supply.

Neuren Pharmaceuticals’ partner Acadia projects DAYBUE sales to reach around US$700 million by 2028, driven by US market expansion and international approvals. The launch of a new formulation and ongoing clinical trials in Japan underpin this optimistic outlook.

betr Entertainment has reported a robust 24.5% increase in turnover for Q2 FY26 alongside a strategic on-market share buy-back of up to 10%, signalling confidence in its intrinsic value and growth prospects.

Norfolk Metals has completed Phase #1 of its maiden drilling campaign at the Carmen Copper Project in Chile, confirming significant higher-grade copper sulphide mineralisation open at depth. The company also secured firm commitments for a $2.1 million placement to fund ongoing exploration.

Accent Resources NL has withdrawn a previously stated production target for its Magnetite Range Project, clarifying the figure was aspirational and non-compliant with ASX rules. The company continues to advance its flagship magnetite development in Western Australia, highlighting its alignment with green steel demand.

Little Green Pharma Ltd has agreed to acquire Cannatrek Ltd in a transformational merger that will create a leading vertically integrated medicinal cannabis group across Australia and Europe. The deal combines cultivation, manufacturing, distribution, clinics, and digital health platforms under one roof, positioning the combined entity for accelerated growth.

Stavely Minerals has initiated an updated 2026 Scoping Study for its copper-gold project in Western Victoria, driven by significantly higher metal prices and improved economic prospects since 2022.

Stellar Resources has reported significant progress in its December quarter, advancing the Heemskirk Tin Project through robust drilling results and metallurgical studies, supported by a $9.5 million capital raise.

HighCom Limited appoints seasoned executive Geoffrey Knox as Executive Chairman and CEO, signaling a strategic push to strengthen its defence manufacturing and sustainment operations in Australia and the US.