🕒 Thursday 22 May 2025 Thu, 22 May 2025

Critica Limited announces the resignation of Managing Director Philippa Leggat, who led key advances in the Jupiter rare earth project. An interim CEO is appointed as the Board begins the search for a permanent successor.

Koonenberry Gold has raised $5 million through a strategic placement to accelerate extensive drilling at its Enmore project and continue exploration in the Lachlan region.

Euro Manganese is poised to close a C$11.2 million financing round by late May, fueling progress on its strategic Chvaletice manganese project in the Czech Republic. The move underscores the company's role in Europe's battery materials supply chain.

Resource Mining Corporation has raised $2 million through a share placement to accelerate copper-gold exploration in Tanzania, with strong backing from directors including Chairman Asimwe Kabunga.

Hutchison Telecommunications (Amsterdam) B.V., a subsidiary of CK Hutchison Holdings, has made a takeover offer for all shares in Hutchison Telecommunications (Australia) Limited at A$0.032 per share, representing a significant premium to recent trading prices. The offer requires at least 97% acceptance to proceed and aims to delist HTAL from the ASX.

Askari Metals has completed due diligence on its acquisition of the Adola Greenstone Belt Gold Projects in Ethiopia, positioning itself for growth in a prolific but underexplored gold region.

West Coast Silver has completed a transformative acquisition of the Elizabeth Hill Silver Project and secured $3 million in fresh capital, setting the stage for a new era focused on high-grade silver exploration in the Pilbara.

The ACCC has decided not to oppose Insurance Australia Group’s proposed acquisition of RACQ Insurance, finding that competition in Queensland’s motor and home contents insurance markets remains robust despite the deal.

BetMakers Technology Group reports a strong FY25 trading update, driven by enhancements to its Apollo racing suite and preparations for the GTX wagering platform launch, signaling robust momentum heading into FY26.

Hillgrove Resources has reported multiple new high-grade copper-gold drill results at its Nugent underground deposit, extending mineralisation well beyond the current resource estimate and accelerating development plans.

Lycopodium Limited has secured a significant A$40 million contract to deliver engineering and construction management services for Osino’s Twin Hills Gold Project in Namibia, aiming for first gold production in early 2027.

Kali Metals has expanded its Marble Bar Gold Project by acquiring a strategic tenement adjacent to a significant gold-in-soil anomaly, increasing its project area to approximately 96 square kilometres. The acquisition enhances exploration continuity and efficiency amid rising gold prices.

betr Entertainment has successfully closed the retail portion of its $130 million equity raise, securing funds to advance its strategic acquisition of PointsBet Holdings.

360 Capital Group has wrapped up a significant off-market buy-back and announced a new on-market buy-back initiative, signalling a strategic move to enhance shareholder value using excess cash.

HyTerra Limited has reported exceptional hydrogen and helium concentrations from its Sue Duroche 3 well in Kansas, marking a significant milestone in natural gas exploration and clean energy potential.

Raiden Resources has increased its ownership in the Vuzel Gold Project from 51% to 75%, marking a key milestone driven by promising near-surface and high-grade gold discoveries. The company eyes further ownership gains as drilling continues.

RPM Automotive Group has launched a fully operational tyre recycling plant, boosting its earnings potential while reporting steady revenue and improved profitability for the nine months FYTD.

Constellation Resources has withdrawn its initial entitlement offer and launched a revised plan to raise $2.52 million by issuing new shares at a lower price, aiming to fund exploration and working capital.

Perenti’s African Underground Mining Services has locked in a five-year, A$1 billion contract to provide underground mining services at Ghana’s Obuasi Gold Mine, reinforcing its strategic partnership with AngloGold Ashanti.

Hutchison Telecommunications’ Independent Board Committee advises shareholders to take no immediate action on the off-market takeover offer from majority owner HTABV, as it carefully evaluates the proposal.

Solis Minerals has launched a 2,500-metre diamond drilling campaign at its Chancho al Palo project in Peru, with additional drilling and survey programs advancing across its southern Peru copper-gold portfolio.

Far Northern Resources has reported promising Phase 1 drilling results at its Bridge Creek gold project, revealing significant gold grades and extending mineralisation footprints both north and south of the current resource. The company awaits further assay results to refine future drilling plans.

Mayne Pharma has clarified why it did not disclose an FDA Untitled Letter to the market despite sharing it with its scheme bidder, reaffirming compliance with ASX rules amid recent share price volatility.

Fortescue Metals Group updates on the Iron Bridge magnetite project, projecting a steady ramp-up to full capacity by FY28 with operational improvements driving production and cost efficiencies.