Latest Security News

Viking Mines has revealed a significant expansion of its Linka Tungsten Project in Nevada, doubling the known mineralised strike to 1.6km and confirming high-grade surface tungsten samples up to 1.5% WO3. This data integration unlocks a broader regional exploration opportunity beneath volcanic cover.

Medallion Metals has secured a US$50 million loan and a copper-gold concentrate offtake agreement with Trafigura, enabling the Final Investment Decision for the Ravensthorpe Gold Project. Development is set to begin pending completion of the Forrestania acquisition.

Aumega Metals has voluntarily suspended its ASX securities as it finalises a capital raising involving a significant new investor. The suspension is expected to last until the capital raising is completed and announced, or until trading resumes on 19 February.

Trek Metals has raised $15 million through a strongly supported share placement to fund a major drilling campaign at its promising Kuro manganese discovery in Western Australia’s Kimberley region.

Silver Mines Limited has secured land access to the Coomber Silver Prospect, reviving exploration on a site with significant historic silver intercepts. The company is advancing reconnaissance work to unlock the potential of this largely underexplored caldera near its flagship Bowdens Silver Project.

Contact Energy has successfully completed a NZ$450 million placement as part of a NZ$525 million equity raise, supported by both existing and new international investors. The company now opens a NZ$75 million retail offer to eligible shareholders, marking a significant capital expansion.

Li-S Energy has received the first $1.9 million tranche of a $7.8 million ARENA grant and appointed Hatch to lead a feasibility study for scaling up its lithium-sulfur battery manufacturing to 1 GWh capacity.

MLG Oz Limited reported a robust half-year with revenue up 5.3% to $287.2 million and net profit soaring 73.3% to $7.1 million, overcoming early weather disruptions and a significant safety fine.

Rhythm Biosciences has inked a non-exclusive distribution agreement with 4Cyte Pathology to integrate its ColoSTAT® colorectal cancer blood test into a vast pathology network across eastern Australia, aiming to boost adoption and accessibility.

Gateway Mining is set to begin a major drilling campaign at its Great Western prospect, following promising geological mapping that highlights a potentially significant gold system in Western Australia’s Yandal Gold Project.

29Metals has successfully completed the retail portion of its entitlement offer, raising $31 million and finalising a $150 million capital injection to support its growth ambitions.

Black Canyon Limited (ASX, BCA) has unveiled promising exploration results and positive scoping studies for its manganese and iron projects in Western Australia, positioning itself as a key emerging developer in the sector.