🕒 Monday 7 July 2025 Mon, 7 July 2025

New World Resources has replaced its previously proposed scheme with a recommended off-market takeover bid from Central Asia Metals at A$0.062 per share, with the Board urging shareholders to accept. The deal includes a US$6.5 million loan facility and matches a rival offer from Kinterra.

Group 6 Metals reported a $23 million loss for H1 2024 amid operational setbacks but completed a major $81 million debt-to-equity recapitalisation, setting the stage for a strategic turnaround.

MIXI Australia has secured crucial gaming approvals from Ontario regulators, removing a major obstacle in its proposed takeover of PointsBet Holdings. The bid now awaits shareholder acceptance to proceed.

Minerals 260’s latest drilling results at the Bullabulling Gold Project reinforce the 2.3 million ounce resource and reveal promising extensions at depth and along strike. The ongoing 80,000m program is on track to deliver an updated resource estimate by year-end.

Cobram Estate Olives has reported a record 2025 Australian olive harvest with a 10.2% increase in production and forecasts a strong FY2025 EBITDA of $115 million. The company also announces strategic moves including a CEO relocation to the US and acquisition of farming machinery business Leda Ag.

Thor Energy's recent soil geochemistry survey at its HY-Range project in South Australia reveals exceptionally high natural hydrogen and helium levels, marking a significant step forward in exploration efforts.

Vulcan Energy has significantly expanded its lithium brine resource at Mannheim by 76% and reported its first geothermal energy resource estimate, marking a major step in its integrated renewable energy and lithium production strategy in Germany’s Upper Rhine Valley.

EQ Resources has successfully raised A$4 million through a strongly supported placement to fund expansion and optimization at its Mt Carbine tungsten mine, reinforcing its position amid global supply challenges.

Nanosonics has launched trophon3, its next-generation ultrasound disinfection device, alongside a software upgrade for existing users, promising faster cycles and enhanced digital integration.

MTM Critical Metals has appointed Gregory L. Bowman, a seasoned U.S. defense and industrial strategy expert, to the advisory board of its U.S. subsidiary Flash Metals USA, aiming to accelerate its critical metals refining technology and deepen ties with U.S. government stakeholders.

Dynamic Metals has secured heritage and regulatory approvals to commence a targeted 13-hole drilling program at its Chalice South gold prospect, advancing exploration in a proven mineralised corridor in Western Australia.

NewPeak Metals has agreed to acquire the Tansey Gold Project, a historically productive site near Brisbane, for A$250,000 in shares and cash, aiming to unlock its district-scale potential with modern exploration techniques.

Black Canyon Limited has revealed significant high-grade iron and manganese assay results from its Wandanya project, confirming a promising dual commodity discovery in Western Australia.

Bayan Mining and Minerals has secured a strategic rare earth tenement in California's renowned Mountain Pass district and raised $250,000 to fund early exploration activities.

Lodestar Minerals has secured a binding earn-in agreement for the Nicanor copper-gold project in Chile, revealing promising rock chip assays and drill-ready targets in a Tier-1 mining jurisdiction.

Brookside Energy announces an on-market share buy-back of up to 4.8 million shares, aiming to return capital and support its growth strategy amid evolving market conditions.

Black Cat Syndicate has inked a binding agreement to purchase up to 125,000 tonnes of ore from Auric Mining, aiming to boost gold production at its Lakewood facility starting September 2025.

Bellevue Gold Limited has reported a record free cash flow of A$67 million for the June 2025 quarter, driven by strong production and operational improvements, setting a robust foundation for FY26.

Regis Resources closed FY25 with gold production near the upper guidance range and a robust cash and bullion position of $517 million, signaling strong operational momentum.

Northern Star Resources has met its FY25 gold sales guidance with strong June quarter results and outlined an ambitious FY26 production and capital expenditure plan focused on growth and operational readiness.

Gold Mountain Limited reports promising high-grade rare earth element anomalies and new gold targets at its Varzedo Prospect in Brazil, advancing its Down Under Rare Earths Project.

Great Western Exploration has initiated a detailed ground gravity survey at its Oval and Oval South targets in Western Australia, aiming to refine the search for high-grade copper-gold VHMS mineralisation. The survey builds on promising drill results and extensive geophysical data, with findings expected by early August 2025.

Alkane Resources has met its FY2025 gold production guidance with 70,120 ounces from Tomingley, while significantly strengthening its cash and investment position.

Traka Resources disputes Alamako Resources’ notice to terminate their partnership on the Didi Gold Project in Guinea, signaling a brewing legal standoff. The company insists it has acted in good faith and is exploring its options.