🕒 Friday 31 January 2025 Fri, 31 Jan 2025

Artemis Resources has secured $4 million in funding to advance drilling at its Karratha Gold Project, following promising high-grade surface sampling and a strategic leadership appointment.

AdNeo reported a standout quarter with record new sales led by its US-based Art of Mentoring division and significant operational cost reductions, positioning the company for growth through strategic acquisitions.

Cadoux Limited reports significant progress in its high purity alumina and Minhub rare earths projects, alongside robust environmental, social, and governance initiatives.

Recce Pharmaceuticals has gained key regulatory and ethics approvals for its Phase 3 clinical trial in Indonesia and completed patient dosing for its Phase II trial, while securing a substantial A$6.75 million R&D tax rebate to bolster its financial position.

Blackstone Minerals broadens its commodity focus to copper-gold assets while completing a key pilot program for battery-grade materials, positioning itself for growth amid evolving market dynamics.

Merino & Co’s successful IPO has injected $6.35 million into the company, enabling a strategic expansion of manufacturing capacity and securing a new facility in Western Australia. The company is now poised to scale globally with automated production and enhanced distribution capabilities.

Tungsten Mining NL has secured full ownership of the Hatches Creek project and acquired key assets at Mt Mulgine, reporting promising drilling results that reinforce its position in the tungsten market.

Cardiex has kicked off deliveries of its CONNEQT Pulse arterial health monitors in the U.S., reporting strong preorder momentum and a 150% sales increase in December. The company’s strategic operational shifts and pharma partnerships set the stage for sustained growth in 2025.

Avenira Limited finalised a $4.5 million strategic investment from Hebang Biotechnology and progressed key development milestones at its Wonarah Phosphate Project, signalling a focused push towards near-term production and long-term growth.

Eastern Metals Limited reports promising high-grade gold and copper mineralisation at its Cobar Project, NSW, alongside new geophysical drill targets identified at the Home of Bullion deposit in the Northern Territory.

Renegade Exploration has reported its best copper drilling results to date at the Greater Mongoose mineralised zone, alongside promising gold assays, reinforcing the potential of its Cloncurry Project in Queensland.

LawFinance Limited has completed a significant debt restructuring, easing financial pressures, but faces ongoing challenges with declining cash collections and uncertain progress on its Trident Health Group initiative.

Marvel Gold Limited has secured extensions for key tenement transfers in Mali, pushing deadlines to 2026 due to the ongoing closure of the Mali Cadastre. This move preserves its strategic foothold in the region amid regulatory uncertainty.

Breakthrough Minerals Ltd, newly rebranded from Intra Energy Corporation, has secured $850,000 in capital to advance exploration, including a strategic antimony tenement application in Western Australia, while strengthening its leadership team.

Chariot Corporation pivots to a small-scale pilot mine strategy at its Black Mountain lithium project, backed by a $1.618 million capital raise and a new drilling phase to define near-term spodumene resources.

Theta Gold Mines has made significant strides in developing its TGME Gold Plant, securing $6 million in private equity and progressing an EPC contract with PowerChina's subsidiary. The company is also integrating surface gold resources into its mining schedule and advancing environmental and social governance initiatives.

Golden Deeps Ltd reports encouraging drilling results at its Havilah Copper Project in NSW and unveils a new silver-copper resource at Khusib Springs in Namibia, signaling potential growth in its mineral assets.

Battery Age Minerals Ltd reports significant exploration progress in Austria and Canada, highlighting high-grade lithium intercepts at Falcon Lake and a strategic Germanium breakthrough at Bleiberg.

Legacy Minerals has secured a $3 million capital raise and reported robust exploration results across several New South Wales projects, including high-grade gold-silver zones at Drake and significant PGE intercepts at Fontenoy. These developments position the company for an active 2025 exploration campaign.

Cardiex Limited reported a $2.94 million cash outflow for Q2 FY2025 but bolstered its balance sheet with a $3.25 million placement. The company has begun delivering its CONNEQT Pulse units, signaling a new revenue stream and ongoing R&D investment.

Breakthrough Mineral Limited reports a mixed quarterly cash flow with significant exploration expenditure offset by strong financing inflows and plans for reduced corporate costs.

APC Minerals Limited reports significant progress in its Laverton Downs gold exploration program alongside a corporate rebranding and capital consolidation, positioning the company for its next growth phase.

Duxton Water Limited reports a $22 million increase in its water portfolio value for December 2024, driven by strategic acquisitions and rising allocation prices amid persistent dry weather in the Murray-Darling Basin.

RocketBoots Limited has secured a contract extension with a major Australian retailer and raised $1.5 million to accelerate its international expansion, while advancing multiple multinational trials of its AI-powered SaaS platform.