Latest Options News

Noronex has kicked off a significant 3,000-metre drilling campaign at its Cgae Cgae Copper Project in Botswana, aiming to unlock copper deposits concealed beneath Kalahari sands. This move, backed by a strategic partnership with South32, targets a largely unexplored region with geological parallels to Africa’s prolific copper belts.

Black Rock Mining has successfully raised A$4 million through an oversubscribed Share Purchase Plan, doubling its initial target and fueling progress at its Tanzanian Mahenge Graphite Project.

Pilbara Minerals has delivered a robust start to FY26, boosting lithium production and revenue while cutting unit costs at its Pilgangoora operation. The company also advances key growth projects amid a volatile lithium market.

Pilbara Minerals reported steady spodumene production and a 30% revenue increase in the September quarter, driven by higher lithium prices and improved operational efficiencies. The company also outlined growth plans amid market volatility.

Globe Metals & Mining has completed the first tranche of its $8.67 million placement, raising $6.96 million and converting $540,000 of convertible loans to equity, significantly reducing its debt ahead of the Kanyika Niobium Project’s Final Investment Decision.

Miramar Resources has exercised its option to acquire 100% of Exploration Licence E25/654, a strategic move linked to the sale of its Randalls Project to Future Battery Minerals. This acquisition reinforces Miramar's commitment to advancing its mineral exploration footprint in Western Australia.

Nordic Resources Ltd has initiated a 5,000m diamond drilling program at its Kopsa gold project in Finland, unveiling new magnetic targets and bolstering its senior management team. The company also raised over A$10 million in institutional capital, underpinning a combined gold equivalent resource of 1.23 million ounces across its Finnish assets.

Altitude Minerals has been awarded an $80,000 NSW Government grant to co-fund drilling at its T55 copper-gold porphyry target, advancing exploration at the Byrock Project in New South Wales.

Australian Oil Company Limited has announced an $800,000 capital raising through a two-tranche share placement aimed at advancing its Californian oil and gas projects and exploring new growth opportunities.

Western Mines Group has completed a major capital raising, issuing over 16.5 million shares and unlisted options to fund expanded exploration at its Mulga Tank project.

Pro-Pac Packaging Limited has appointed voluntary administrators as it confronts financial distress, initiating a process to stabilise operations and explore strategic options including sale or recapitalisation.

Franklin Templeton Australia has launched the Franklin Australian Absolute Return Bond Fund – Class A, an actively managed fixed income fund now available on the ASX. The fund aims to deliver returns exceeding the Bloomberg AusBond Bank Bill Index with a medium risk profile and transparent fee structure.