Latest Market News

4DS Memory Limited has paused its development activities and ended collaborations with major partners following challenges in advancing its Interface Switching ReRAM technology at the 20nm node. The company has launched a strategic review to explore new pathways aligned with evolving AI and data-centric markets.

Rubix Resources (ASX, RB6) has resumed trading after lifting its suspension, following key announcements on its drilling program, capital raising, and a proposed acquisition.

Rubix Resources Limited has responded to ASX inquiries about unusual trading activity by disclosing initial drilling observations at its Paperbark Project and preliminary discussions on a potential acquisition, while cancelling a planned capital raising.

Carnegie Clean Energy has secured a pivotal role in a €4 million European Commission-funded project aimed at advancing wave energy technology and reducing costs. The initiative leverages Carnegie’s CETO platform to pioneer innovations that could reshape the future of ocean energy farms.

Bannerman Energy has locked in two binding offtake agreements with major North American utilities for 1 million pounds of uranium from its Etango project, marking a significant milestone ahead of its final investment decision.

King River Resources has appointed seasoned geologist and executive Graham Gadsby as Managing Director, aiming to leverage his proven track record in gold exploration and operational turnarounds to drive the company’s future growth.

Cavalier Resources has raised $2.14 million through a discounted placement to fast-track drilling at its Crawford Gold Project, while continuing negotiations for a $11 million pre-payment deal.

Black Canyon Limited has raised $10 million through a share placement to accelerate exploration and development of its promising Wandanya manganese and iron discovery in Western Australia.

Magnetite Mines has successfully closed a fully subscribed $2.65 million rights issue, followed by a $1.214 million placement, positioning the company to advance its Razorback Iron Ore Project and explore broader mineral opportunities.

SiteMinder Limited has confirmed its FY25 financial results aligned closely with market expectations and analyst forecasts, explaining the recent share price surge following its earnings release.

Caspin Resources has released its maiden inferred tin resource estimate for the Kelpie Deposit at the Bygoo Tin Project, revealing a high-grade deposit with significant upside potential. The company also outlined a large exploration target that could more than double the current resource.

Vulcan Energy has inked a pivotal supply contract with Canadian firm NESI for electrolysis technology, advancing its Lionheart Project’s Central Lithium Plant in Frankfurt. This deal marks a crucial step toward finalising project financing and commencing construction in H2 2025.