Latest Observability News

Lion Selection Group has sold its stake in Erdene Resource Development Corp for A$12.3 million, securing a strong return and announcing a 2 cents per share fully franked special dividend for shareholders.

InhaleRx Limited reported a widening half-year loss as it accelerates clinical trials for inhaled drug-device therapies, supported by a substantial $38.5 million funding facility.

Desert Metals Limited has reported multiple high-grade gold intercepts from its initial diamond drilling phase at the King Kong prospect in Côte d’Ivoire, confirming a significant gold system over a strike length exceeding 1.4 kilometres.

EVT Group has released an extensive valuation update on its diversified $2.3 billion property portfolio, spotlighting landmark Sydney CBD assets alongside a broad hospitality and entertainment footprint across Australia, New Zealand, and Germany.

QMines Limited reports promising visual sulphide mineralisation in the first diamond tail drill hole at Sulphide City, advancing its Develin Creek copper-zinc project resource upgrade.

Enova Mining confirms significant rare earth mineralisation at its East Salinas Project in Brazil, with rock chip assays reaching up to 2.17% TREO and elevated NdPr oxide ratios. The company is poised to commence diamond drilling to test these promising targets.

NIB Holdings Limited has announced a fully franked ordinary dividend of AUD 0.16 per share for the half-year ending June 2025, accompanied by a Dividend Reinvestment Plan offering.

Wildcat Resources has significantly extended the lithium-bearing pegmatites at its Bolt Cutter Central discovery near Tabba Tabba, with diamond drilling revealing a down-dip extension of over 700 metres. The discovery remains open in all directions, underpinning a promising exploration pipeline.

The Federal Court has approved the transfer of Centrex Limited’s shares to PRL Global, marking the end of Centrex’s external administration and a new chapter as a PRL subsidiary.

Cadence Capital Limited reported a $6.3 million profit and a 3.4% fund gain for FY25, driven by strong gold sector performance. The company announced a 3.0 cent final dividend with a dividend reinvestment plan and on-market buy-back.

The ASX has formally warned Truscott Mining Corporation that its current operations may not meet listing requirements, giving the company six months to demonstrate compliance or face suspension.

Prominence Energy Limited has secured a pivotal natural hydrogen exploration license in South Australia, marking a major step forward for its Gawler Hydrogen Project and positioning it among the state’s leading clean energy explorers.