🕒 Monday 16 June 2025 Mon, 16 June 2025

Southern Hemisphere Mining has partnered with FMR Resources to explore the Curiosity Southern Porphyry copper-gold target in Chile, with drilling set for late 2025. FMR will fund up to A$13 million to earn a majority stake in the joint venture.

Australian Strategic Materials has initiated a $3 million underwritten Share Purchase Plan to accelerate its US metallisation expansion and boost capabilities at its Korean Metals Plant, signaling a strategic push amid shifting global supply dynamics.

Western Gold Resources Limited has had its trading suspension lifted following an announcement about ongoing negotiations or entry into a material agreement, signaling renewed market activity.

Western Gold Resources has confirmed a binding toll milling agreement with Wiluna Mining Corporation, explaining recent unusual trading activity in its shares.

Verity Resources has commenced an auger drilling program at its Pimenta Project in Brazil, targeting a 20km mineralised zone rich in rare earth elements, gallium, and titanium. Early surface sampling suggests the potential for a significant critical metals discovery.

Western Gold Resources has secured a binding toll milling agreement with Wiluna Mining Corporation to process ore from its Gold Duke Project, marking a pivotal step towards production.

Kip McGrath Education Centres has appointed Melinda Smith as CEO and Managing Director, signaling a new leadership era ahead of its 50th anniversary. Smith’s extensive experience in education and government sectors positions her to lead the company’s growth ambitions from the second half of 2025.

Vintage Energy has agreed to sell its entire 25% interest in the PEP 171 permit in Victoria’s Otway Basin to Beach Energy for $1.25 million, marking a strategic pivot towards its Southern Flank gas fields project.

FireFly Metals has completed the initial tranches of a major equity raising, securing A$66 million to advance its high-grade copper-gold projects in Canada. The company’s fundraising includes a charity flow-through placement and institutional placement, setting the stage for further capital raises.

Horizon Oil has commenced production from its newly drilled A9H infill well in China’s Beibu Gulf, revealing an unanticipated oil reservoir that could boost future output.

HeraMED has partnered with RMIT University and the Digital Health CRC to develop AI-driven maternity care models focused on culturally diverse populations, aiming to improve pre-term delivery risk prediction and personalised care.

Boab Metals has raised A$6 million through a placement to advance its Sorby Hills lead-silver-zinc project, aiming to accelerate pre-development and exploration activities ahead of a final investment decision.

Bathurst Resources reports robust cash reserves and steady profitability while progressing development of its Buller and Tenas metallurgical coal projects. The company also navigates ongoing litigation that could impact its governance.

Butn Limited has raised $20 million through a $10 million equity placement and a $10 million credit facility, positioning the fintech for expanded growth in SME funding.

Peninsula Energy reports progress on its Lance Project’s Central Processing Plant and announces the termination of three sales contracts as part of a strategic reset plan, while engaging in funding discussions to support completion.

West Wits Mining has raised approximately A$14.36 million through a share placement to fund production at its Qala Shallows gold project and increase its ownership in the Witwatersrand Basin Project to 74%.

The Calmer Co. has secured a major retail milestone by launching its Fiji Kava 50g Instant Kava product across Woolworths supermarkets nationwide, significantly broadening its Australian footprint.

Hazer Group unveils a strategic alliance with engineering giant KBR to fast-track its low-cost clean hydrogen technology, targeting major global markets with a capex-lite licensing model.

ASIC has initiated a comprehensive compliance inquiry into ASX’s governance, risk management, and operational capabilities, folding its previous CHESS incident probe into this broader review. ASX pledges full cooperation amid ongoing technology upgrades.

Hazer Group has raised A$8 million through a share placement and launched a A$2 million Share Purchase Plan to accelerate its clean hydrogen and graphite technology commercialisation.

FBR Limited has secured a pivotal engineering agreement with Samsung Heavy Industries to develop a shipbuilding automation robot, marking a significant step in industrial robotics innovation.

Unith Limited reports a remarkable 1100% increase in users on its Digital Humans platform over the past year, driven by organic growth and strategic global partnerships. The company is poised to accelerate growth with upcoming marketing campaigns and high-profile industry events.

Zenith Minerals Limited has had its trading suspension lifted immediately following the release of a rights issue announcement, signaling a key capital raising move.

Zenith Minerals has launched a fully underwritten $3.5 million entitlement offer to fund drilling at its key gold projects in Western Australia and Queensland, aiming to expand mineral resources and advance exploration.