🕒 Tuesday 13 May 2025 Tue, 13 May 2025
69 Articles
DTI Group Launches $2.69M Fully Underwritten Entitlement Offer at $0.006 per Share
DTI Group Ltd has announced a fully underwritten non-renounceable entitlement offer to raise approximately $2.69 million by issuing new shares at a discounted price of $0.006 each. The offer, backed by major shareholder Finico Pty Ltd, aims to strengthen the company’s balance sheet and repay existing debt.
13 May
Sophie Babbage
Wellnex Accelerates Growth with 46% Revenue Surge and AIM Market Debut
Wellnex Life Limited reports a robust 46% revenue increase and successful AIM listing, setting the stage for UK and European expansion.
13 May
Ada Torres
MTM Secures Texas Hub to Fast-Track Critical Metals Recovery by 2025
MTM Critical Metals has locked in a pre-permitted industrial site in Texas, positioning itself to commission its innovative metal recovery plant by year-end 2025 and accelerate U.S. commercial expansion.
13 May
Maxwell Dee
Beam Communications Secures AU$4.1M Settlement Ahead of Zoleo Stake Sale
Beam Communications has finalized a settlement with Roadpost Inc. that will see it receive approximately AU$4.1 million in addition to proceeds from selling its 50% stake in Zoleo Inc. This payment covers early royalties and inventory adjustments, setting the stage for a major capital return review.
13 May
Sophie Babbage
Livium Broadens BYD Battery Recycling Deal to Commercial and Storage Systems
Livium has expanded its battery recycling partnership with BYD Australia, now covering commercial vehicle batteries and energy storage systems alongside electric vehicle batteries.
13 May
Victor Sage
Koonenberry Gold Extends Sunnyside Gold System Beyond 230m Strike at Enmore
Koonenberry Gold has expanded the known strike of the Sunnyside gold system at its Enmore Project in NSW to over 230 metres, with visible gold observed in seven of nine drill holes. The company plans further drilling, supported by a strong cash position, to explore the system’s full potential.
13 May
Maxwell Dee
Aurum Strikes 73.10 g/t Gold at Boundiali, Eyes Major Resource Expansion
Aurum Resources has reported exceptional high-grade gold intercepts at its Boundiali Gold Project in Côte d'Ivoire, including a standout 1m hit at 73.10 g/t. The company is advancing aggressive drilling and development plans to significantly grow its gold resources in 2025.
13 May
Maxwell Dee
Burgundy Diamond Mines Reports Slight Resource Depletion at Ekati in 2024 Update
Burgundy Diamond Mines has released its amended 2024 Mineral Resources and Ore Reserves report for the Ekati diamond mine, showing minor depletion due to ongoing mining activities. The update confirms continued compliance with industry standards and robust governance.
13 May
Maxwell Dee
EP&T Global Accelerates ARR Growth to $14.9M, Expands to 730 Sites
EP&T Global Limited reports a robust 10% increase in Annual Recurring Revenue to $14.9 million, driven by expanded site coverage and new contract wins across Europe and the UK.
13 May
Sophie Babbage
DMC Mining Extends Public Offer Deadlines Amid Permit Delays
DMC Mining Limited has issued its Third Supplementary Prospectus, extending key deadlines for its Public Offer and loan repayment as exploration permits for its Guinean projects remain pending.
13 May
Maxwell Dee
Lindsay Australia Expands National Reach with $108M SRT Logistics Acquisition
Lindsay Australia has announced the acquisition of Tasmania’s leading refrigerated logistics provider, SRT Logistics, for $108.2 million, marking a strategic expansion into the Tasmanian and Trans Bass Strait markets. The deal is expected to boost Lindsay’s FY25 earnings per share by approximately 15%.
13 May
Victor Sage
Power Minerals Uncovers High-Grade Gallium at Santa Anna Project
Power Minerals Limited reveals multiple high-grade gallium intersections from historic drilling at its Santa Anna Niobium Carbonatite Project in Brazil, highlighting a valuable byproduct opportunity alongside niobium and rare earth elements.
13 May
Maxwell Dee
New Murchison Gold Uncovers High-Grade Shallow Gold at Crown Prince
New Murchison Gold Limited has reported impressive high-grade gold intercepts from shallow drilling at its Crown Prince Gold Project, suggesting a richer and thicker caprock resource than previously estimated.
13 May
Maxwell Dee
White Cliff Minerals Uncovers Extensive High-Grade Copper at Rae Project
White Cliff Minerals has reported further high-grade copper intercepts from its 2025 drilling campaign at the Rae Copper Project in Nunavut, confirming a shallow, open copper system with promising development potential.
13 May
Maxwell Dee
Sierra Nevada Gold Secures Full Ownership of High-Grade New Pass Mine
Sierra Nevada Gold (ASX: SNX) has acquired 100% ownership of the historic New Pass Gold Mine in Nevada, extinguishing royalties and setting the stage for trial mining of its high-grade Superior Vein.
13 May
Maxwell Dee
Paladin Energy Boosts Uranium Output Amid Inventory Write-Down
Paladin Energy reports a 17% rise in quarterly uranium production and US$61 million in revenue, while recognizing a US$19.9 million inventory impairment. The company maintains strong liquidity and advances key projects in Namibia and Canada.
13 May
Maxwell Dee
Patriot Battery Metals Unveils Massive Lithium Resource Boost at Shaakichiuwaanaan
Patriot Battery Metals has announced a substantial upgrade to its Shaakichiuwaanaan Lithium Project, solidifying its position as the largest lithium pegmatite resource in the Americas and advancing its feasibility study on track for Q3 2025.
13 May
Maxwell Dee
West African Resources Accelerates Kiaka Gold Project Towards Q3 2025 Production
West African Resources has commenced mining and crushing at its Kiaka Gold Project in Burkina Faso, maintaining its schedule and budget for first gold production in the third quarter of 2025. The project’s progress signals a significant boost to the company’s annual gold output.
13 May
Maxwell Dee
Auric Mining Launches Gold Production at Munda Starter Pit
Auric Mining has officially begun mining operations at its Munda Gold Mine Starter Pit in Western Australia, marking a key milestone in its growth strategy. The company targets 6,100 ounces of gold production over five months with full site infrastructure now operational.
13 May
Maxwell Dee
Ampol Streamlines Energy Focus, Exits Retail Electricity in NZ and Australia
Ampol Limited is divesting its retail electricity businesses in New Zealand and Australia to sharpen its focus on electric vehicle charging and renewable fuels, aiming for a leaner, more profitable energy future.
13 May
Maxwell Dee
Vista Group Secures Picturehouse Cinemas Digital Upgrade Deal
Vista Group International has landed a significant contract to deploy its Digital Enablement solution across 25 Picturehouse Cinemas in the UK, marking a key expansion with Regal Cineworld Group.
13 May
Sophie Babbage