🕒 Monday 5 May 2025 Mon, 5 May 2025
117 Articles
Lotus Resources Secures Key Regulatory Nod to Restart Kayelekera Uranium Mine in Q3 2025
Lotus Resources has received critical regulatory approval from Malawi’s Atomic Energy Regulatory Authority to resume uranium mining at its Kayelekera project, paving the way for production restart in the third quarter of 2025.
5 May
Maxwell Dee
PlaySide Co-Founder Gerry Sakkas Steps Down, Shares Locked for 12 Months
PlaySide Studios announces the resignation of co-founder and Creative Director Gerry Sakkas, who will also leave the board. The company will not replace his role following a recent restructure, while Sakkas commits to a significant share escrow.
5 May
Sophie Babbage
Somerset Minerals Secures Coppermine Project, Launches High-Impact Exploration
Somerset Minerals has completed its acquisition of the high-grade Coppermine copper project in Nunavut, Canada, and is set to begin a maiden exploration campaign backed by a $2.39 million capital raise.
5 May
Maxwell Dee
Advance Metals Launches Maiden Drilling at High-Grade Yoquivo Silver-Gold Project
Advance Metals Limited has commenced its inaugural drilling program at the high-grade Yoquivo Silver-Gold Project in Chihuahua, Mexico, aiming to unlock significant value from its substantial silver-gold mineralisation.
5 May
Maxwell Dee
Advance Metals Unveils High-Grade Gold Hits and New Targets at Myrtleford
Advance Metals reports robust assay results from its maiden drilling at Myrtleford, confirming high-grade gold mineralisation and revealing multiple new regional targets. The company is poised to expand exploration following a successful capital raise.
5 May
Maxwell Dee
New World Resources Elevates Antler Copper Resource by 25%, Eyes 2027 Production
New World Resources has announced a significant 25% increase in the Antler Copper Project's mineral resource, enhancing geological confidence and contained metals, setting a robust stage for production targeted in 2027.
5 May
Maxwell Dee
Brightstar Unveils High-Grade Gold Hits at Sandstone, Boosting Resource Prospects
Brightstar Resources has reported significant gold assay results from a 5,300m drilling campaign at its Sandstone Hub, confirming high-grade mineralisation continuity and open extensions that underpin ongoing resource upgrades and development studies.
5 May
Maxwell Dee
Pioneer Lithium Uncovers High-Grade Uranium Beneath Colorado Soils
Pioneer Lithium has reported significant uranium mineralisation at its Skull Creek Project in Colorado, with rock chip samples revealing grades up to 1,240 ppm U3O8 beneath soil cover. The discovery broadens the project's potential with multiple uranium-bearing lithologies identified.
5 May
Maxwell Dee
West Cobar Metals Set to Drill Five Copper-Gold Targets at Fraser Range
West Cobar Metals has secured all approvals to begin a fully funded RC drilling program at its Fraser Range Project, targeting five priority copper-gold and base metal prospects starting mid-May 2025.
5 May
Maxwell Dee
Accelerate Resources Secures $2M to Fast-Track Kanowna East Drilling
Accelerate Resources Limited has bolstered its cash reserves with a $2 million non-dilutive asset sale, positioning the company to accelerate its gold exploration efforts at the Kanowna East Project near Kalgoorlie.
5 May
Maxwell Dee
Finder Energy Boosts KTJ Project Confidence with Detailed Subsea Study
Finder Energy has advanced its Kuda Tasi and Jahal oilfields development by completing a comprehensive subsea concept study, delivering refined cost estimates and development scenarios that strengthen project economics and de-risking efforts.
5 May
Maxwell Dee
Red Hill Minerals Secures 1.5% Royalty on Promising Thomson Gold-Copper Project
Red Hill Minerals has agreed to acquire a 1.5% net smelter royalty on the Thomson gold-copper project in New South Wales, expanding its royalty portfolio with a project showing significant exploration potential.
5 May
Maxwell Dee
Dreadnought Completes 46-Hole Drilling Program at Mangaroon Gold Project
Dreadnought Resources has wrapped up a comprehensive 2,724m drilling campaign across multiple targets at its 100% owned Mangaroon Gold Project, with assay results expected in May and June 2025. This program aims to bolster near-term production ounces and advance the company’s self-funded exploration strategy.
5 May
Maxwell Dee
Immutep’s Efti Plus KEYTRUDA® Boosts Survival in Tough Head and Neck Cancer Cases
Immutep’s combination of eftilagimod alfa (efti) and KEYTRUDA® delivers a striking 17.6-month median overall survival in head and neck cancer patients with low PD-L1 expression, a group with limited treatment options.
5 May
Ada Torres
MetalsGrove Secures 950 km² Gold JV Permits in Côte d’Ivoire’s Hotspot
MetalsGrove Mining Limited has completed the acquisition of three gold joint venture permits covering 950 km² in central-west Côte d’Ivoire, positioning itself near the prolific Abujar gold mine. The company plans to initiate exploration soon, leveraging promising geological indicators and regional activity.
5 May
Maxwell Dee
Tyro Withdraws from Smartpay Deal as Rival Secures Exclusive Cash Offer
Tyro Payments has stepped back from its proposed acquisition of Smartpay after the latter entered an exclusivity agreement with another bidder offering NZ$1.20 per share. This move halts Tyro's due diligence and merger plans, reshaping the competitive landscape in the payments sector.
5 May
Claire Turing
Westpac’s 2025 Interim Profit Dips 1% Amid Strong Business Lending Surge
Westpac Banking Corporation reported a slight 1% decline in net profit to $3.3 billion for the first half of 2025, while business and institutional lending grew robustly. The bank maintained a solid capital position and announced a fully franked interim dividend of 76 cents per share.
5 May
Victor Sage
Westpac Reports $3.5bn 1H25 Profit Amid Digital and Sustainability Push
Westpac Banking Corporation posted a $3.5 billion net profit for the first half of 2025, maintaining strong capital ratios and advancing its digital transformation and sustainability initiatives despite a slight earnings dip.
5 May
Claire Turing
Westpac Navigates Global Uncertainty with Lending Growth and Stable Margins
Westpac Banking Corporation posted a slight 1% decline in net profit for the first half of 2025, underpinned by strong growth in business and institutional lending and a resilient balance sheet amid global volatility.
5 May
Victor Sage
Westpac Declares AUD 0.76 Fully Franked Interim Dividend with DRP Option
Westpac Banking Corporation has announced a fully franked interim dividend of AUD 0.76 per share for the half-year ending March 2025, payable in June with a Dividend Reinvestment Plan available to eligible shareholders.
5 May
Victor Sage
Westpac’s 2025 Interim Profit Dips 1% Amid Digital and Sustainability Push
Westpac Banking Corporation reported a modest 1% decline in net profit to AUD 3.317 billion for the six months ended March 2025, maintaining its interim dividend and advancing key digital and sustainability initiatives.
5 May
Claire Turing