Latest Media News

Horizon Minerals has acknowledged an unintentional breach of ASX Listing Rule 15.7 after sharing details of a $30 million placement with the media before the official market announcement.

Aspermont Limited reports steady subscription growth with $11.2 million in annual recurring revenue despite a dip in total revenue, while gearing up for new data product launches and an IPO.

Aspermont has reported a 6% rise in revenue and a 25% jump in net profit for the half year ending March 2025, yet its net tangible assets per share have declined and dividends remain on hold.

Resolute Mining faces uncertainty over its Guinea exploration permits amid unconfirmed reports of revocation, while negotiating their transfer to AngloGold Ashanti.

RAS Technology Holdings has boosted its annualised recurring revenue to $21.1 million, driven by strategic acquisitions and a flurry of new contracts. The company’s expanding global footprint signals strong momentum heading into FY26.

Equatorial Resources Limited has refuted media reports claiming the Guinea government cancelled its Nimba Alliance iron ore exploration permits, stating no formal communication has been received and that it is actively seeking clarity.

Yowie Group has posted its first profitable seasonal quarter, driven by strategic cost control and product improvements, but faces ongoing capital challenges due to a significant loan default by Keybridge Capital.

New Murchison Gold Limited has dismissed recent media speculation of a takeover offer from Westgold Resources, reaffirming their ongoing strategic alliance and operational cooperation.

Volt Resources Limited addresses recent media speculation about the potential cancellation of its mining licences in Guinea, confirming no formal notice has been received and engagement with authorities is underway.

West Wits Mining Limited (WWI) has addressed recent spikes in its share price and trading volume, linking the activity to funding developments, a strong gold price, and positive market commentary.

SGH Ltd has reaffirmed its FY25 guidance for high single-digit EBIT growth while targeting a net debt to EBITDA ratio of 2.0x by year-end, underpinned by disciplined capital allocation and operational improvements across its diversified industrial, energy, and media businesses.

Matrix Composites & Engineering has clarified details of a conditional merger proposal with Advanced Innergy Solutions, highlighting a significant shift in shareholding and advising shareholders to await further updates.