🕒 Tuesday 5 August 2025 Tue, 5 Aug 2025

FMR Resources has completed due diligence and a $2.2 million placement to earn a majority interest in Southern Hemisphere Mining’s Llahuin Copper-Gold Project, setting the stage for drilling at a promising porphyry target later this year.

Brightstar Resources has unveiled a robust multi-hub expansion strategy in Western Australia, boosted by its strategic acquisition of Aurumin Limited. The company targets a significant production increase to 200,000 ounces of gold annually by 2029.

ChemX Materials Limited has explained the delayed filing of director interest notices, attributing it to transitional challenges during its recent recapitalisation and governance overhaul.

Vitrafy Life Sciences reported a 75% increase in FY25 sales driven by aquaculture and human health sectors, progressing its cryopreservation technology towards commercialisation in both unregulated and regulated markets in FY26.

Hawthorn Resources has initiated an extensive 8000m reverse circulation drilling program at its Anglo-Saxon gold project, aiming to enhance resource confidence and explore expansion opportunities following a positive pit optimisation study.

Koonenberry Gold Limited reveals promising high-grade gold intercepts at its Enmore Project in NSW and announces a fully funded 10,000m Phase II drilling program to expand its discovery pipeline.

Northern Star Resources updates its Ore Reserves and Mineral Resources following the acquisition of De Grey Mining, adding the Hemi project to its portfolio, while confirming steady progress on the KCGM Mill Expansion.

Akora Resources is set to raise up to $2.91 million through a placement and a retail entitlement offer, inviting shareholders and optionholders to participate at 8.5 cents per share.

Koonenberry Gold has successfully mapped the Sunnyside Shear Zone at its Enmore Gold Project using advanced geophysical surveys, identifying six high-priority drill targets. The company is set to commence a fully funded +10,000m drilling program in late August to test these promising extensions.

Ballymore Resources has raised $4.5 million through a well-supported placement to accelerate exploration and development across its North Queensland projects, including the promising Dittmer gold deposit.

S&P Global Ratings has assigned TPG Telecom a BBB credit rating with a negative outlook, reflecting uncertainties around its capital reinvestment and debt reduction plans following a major asset sale to Vocus Group.

AKORA Resources has launched a $2.91 million capital raising through a placement and entitlement offer to fund critical development milestones at its Bekisopa Iron Ore Project in Madagascar.

WAM Alternative Assets Limited has announced a 15.4% increase in its fully franked final dividend for FY2025, reflecting robust portfolio gains and a confident outlook under Wilson Asset Management's stewardship.

Altair Minerals has entered a binding agreement to acquire up to 70% of the Greater Oko Project in Guyana, positioning itself as a leading gold explorer in a rapidly emerging district adjacent to major discoveries.

Variscan Mines has successfully raised A$2.5 million through a two-tranche placement to advance its high-grade zinc projects in Spain and pursue a strategic earn-in on promising zinc assets in Ireland.

Catalina Resources has confirmed significant gold mineralisation at its Yerilgee Project in Western Australia's Central Yilgarn, with rock chip samples returning assays as high as 84 grams per tonne. This initial exploration validates the prospectivity of the underexplored Snowflake Prospect and sets the stage for targeted drilling.

Nutritional Growth Solutions Ltd has voluntarily suspended trading on the ASX pending a capital raising announcement, signaling a pivotal moment for the pediatric nutrition company.

Silver Mines Limited has raised $33 million through a $30 million placement and a $3 million share purchase plan, bolstering its development and exploration ambitions in Australia and the US.

Alara Resources has been awarded a mining license for the Daris 3A5 prospect in Oman, marking a key step in developing its second copper operation in the country. Historical drilling confirms high-grade copper mineralisation, with further exploration and planning underway.

Aeris Resources has outlined its FY26 production targets, aiming for a 40-49kt copper equivalent output while advancing key projects and planning asset divestments to strengthen its balance sheet.

Zoono Group Limited has closed its recent rights issue, raising $785,000 with a significant shortfall remaining. Managing Director Paul Hyslop fully subscribed and may provide further financial support as the company targets growth in Asia and product innovation.

Horseshoe Metals advances its Horseshoe Lights copper-gold project with mining approval secured, site mobilization underway, and new drilling planned to expand resources.

Pure Foods Tasmania has raised $150,000 through a strategic share and option placement, signaling strong investor confidence in its ongoing turnaround strategy.

D3 Energy’s latest re-test of the RBD10 well in South Africa’s ER315 permit shows a remarkable 38% increase in gas flow, underscoring unique reservoir dynamics that could lower development costs.