Latest Strategic Outlook News

Raiden Resources retains 100% ownership of the Mt Sholl Ni-Cu-PGE Project following First Quantum Minerals' withdrawal, gaining valuable exploration data and cash compensation. The company is now exploring development options to unlock the project's potential.

Sipa Resources is set to begin its first gold drilling program at the newly acquired Tunkillia North and Nuckulla Hill projects in South Australia, targeting promising mineralisation within a prolific gold belt.

Keybridge Capital has obtained a $9.3 million bridge funding facility from Active Asset Management, supported by an ASX waiver allowing the deal without prior shareholder approval. The funding aims to address urgent liquidity and solvency challenges while trading remains suspended.

Horseshoe Metals has secured crucial Direct Shipping Ore mining approval for its Horseshoe Lights Copper-Gold Project, setting the stage for imminent production and early revenue generation from high-grade copper stockpiles.

Prescient Therapeutics has opened a Share Purchase Plan to raise up to $7 million, offering shareholders discounted shares to fund the Phase 2 development of its targeted cancer therapy PTX-100.

Critical Resources Limited has confirmed structurally controlled quartz-sulphide veining at its Amoco Gold-Antimony Project in NSW, reinforcing its exploration model and advancing towards maiden drilling.

Peak Minerals reports a significant expansion of heavy mineral zones at its Minta Rutile Project in Cameroon, with consistent rutile mineralisation confirmed across a vast 1,500 square kilometres. The company advances toward a maiden Mineral Resource Estimate in 2026, supported by promising alluvial and residual assay results.

Envirosuite Limited shareholders are invited to vote on a $132.2 million acquisition proposal by Ideagen EVS BidCo Pty Limited, with the Envirosuite Board unanimously recommending approval. The scheme offers a significant premium to recent trading prices and is supported by an independent expert report deeming it fair and reasonable.

Ark Mines has awarded a contract for a 2,500m drilling campaign at its Sandy Mitchell project, aiming to significantly expand its rare earth mineral resource ahead of a key feasibility study.

The Reject Shop Limited has received Federal Court approval for its Scheme, enabling a fully franked special dividend of AUD 0.77 per share payable mid-July.

Legacy Minerals has acquired exploration rights to the Nico Young nickel-cobalt deposit in NSW, boasting one of Australia’s largest contained resources with significant strategic potential amid current market lows.

Eildon Capital Group has revealed a significant loan repayment default by Kings Investment, alongside a cautious outlook for its FY25 financials amid a sluggish Melbourne property market.