🕒 Friday 15 August 2025 Fri, 15 Aug 2025
85 Articles
Almonty’s Sangdong Nears Production Amid Nasdaq Debut and Strategic U.S. Deals
Almonty Industries reported a challenging Q2 2025 with a significant non-cash loss but strengthened its position through a Nasdaq listing, a major U.S. defense offtake agreement, and progress at its flagship Sangdong mine.
15 Aug
Maxwell Dee
Almonty’s H1 2025 Losses Balloon Amid Warrant Revaluation and Nasdaq IPO
Almonty Industries reported a sharp increase in net loss for the first half of 2025, driven by non-cash accounting adjustments linked to warrant and derivative liabilities, while completing a significant share consolidation and a US$90 million Nasdaq IPO.
15 Aug
Maxwell Dee
Almonty’s Nasdaq IPO Fuels Sangdong Mine Push Amid Rising Losses
Almonty Industries reported significant losses in Q2 2025 as it advances the Sangdong tungsten mine in South Korea and completes a US$90 million Nasdaq IPO to fund growth projects.
15 Aug
Maxwell Dee
SportsHero Secures Exclusive Mobile Game Distribution Across Southeast Asia
SportsHero Limited reveals key details of its exclusive distribution deal with Yes2Games, targeting mobile game markets in Indonesia, the Philippines, Thailand, and Malaysia, though revenue impact remains pending.
15 Aug
Sophie Babbage
Energy Action Boosts Profit 247% and Cuts Debt by $1.84M in FY25
Energy Action Limited reports a strong FY25 with significant profit growth, operational momentum, and debt reduction, driven by strategic cost control and technology investment.
15 Aug
Maxwell Dee
NGE Capital Grows Profit 3.2% and Boosts Net Tangible Assets by 10.4%
NGE Capital Limited reported a steady half-year profit increase alongside a notable rise in net tangible assets per share, continuing its share buy-back program and initiating new investments.
15 Aug
Claire Turing
Carbine Resources Advances Silica Sand Projects with Major Share Placement
Carbine Resources is set to issue over 110 million shares and broker options following shareholder approval, aiming to fund its Muchea and Down South Silica Sand projects and strengthen its working capital position.
15 Aug
Maxwell Dee
MC Mining Launches Open Pit Operations at Makhado, Targeting Steel Industry Boost
MC Mining has officially begun open pit mining at its flagship Makhado hard coking coal project in South Africa, advancing steadily towards full production by year-end 2025.
15 Aug
Maxwell Dee
MIXI Australia Raises PointsBet Bid to $1.25, Declares Offer Unconditional
MIXI Australia has increased its all-cash takeover offer for PointsBet shares to $1.25 and removed all remaining conditions, making the bid unconditional. The offer closes on 25 August 2025, with MIXI holding nearly 29% of PointsBet and aiming for board influence.
15 Aug
Claire Turing
Tian An Australia Turns $12M Profit, Advances Major Residential Projects
Tian An Australia Limited has reversed last year’s loss to report a $12.08 million profit for H1 2025, while progressing key residential developments across Australia.
15 Aug
Eva Park
Federal Court Greenlights Platinum Asia Investments Restructure Scheme
The Federal Court has approved Platinum Asia Investments' scheme to convert shares into ETF units, marking a significant restructuring for shareholders. Key dates for trading suspension, valuation, and dividend payments are set for August.
15 Aug
Claire Turing
Lowell Resources Fund Surges 72.5% NAV on Gold Sector Rally
Lowell Resources Fund (ASX, LRT) reported a stellar FY2025 with net assets soaring 72.5% to $72.3 million and profits jumping over 1400%, driven by strong gold and precious metals exposure.
15 Aug
Maxwell Dee
HITIQ Raises $2.16M, Closes Shortfall Offer, Eyes Further Capital Moves
HITIQ Limited has successfully closed its shortfall offer, raising a total of $2.16 million through a combination of a rights issue and placement, while continuing discussions to secure additional funding.
15 Aug
Sophie Babbage
Gold Road Resources to be acquired by Gold Fields via scheme with $3.29/share cash consideration, Board recommends approval
Gold Road Resources Limited has agreed to be acquired by Gruyere Holdings Pty Ltd, owned by Gold Fields Limited, in a scheme of arrangement offering $3.29 per share in cash consideration. The Gold Road Board unanimously recommends shareholders vote in favor of the Scheme, subject to no superior proposal emerging.
15 Aug
Maxwell Dee
Truscott Mining Details $577K Raise Amid Drilling Pause, Eyes Long-Term Growth
Truscott Mining Corporation has confirmed a $577,890 capital raise through a rights issue, explaining its exploration expenditure and operational status amid a drilling hiatus since late 2022. The company underscores its commitment to long-term project development and compliance with ASX listing requirements.
15 Aug
Maxwell Dee
Orbminco Advances Mongolian Survey Amid Tax Dispute Appeal
Orbminco Limited reports promising new geophysical survey results at its Bronze Fox Project in Mongolia while navigating a significant tax dispute currently under appeal.
15 Aug
Maxwell Dee
Great Divide Mining Challenges Adelong Gold’s Deadlock Claim on JV
Great Divide Mining disputes the validity of a Deadlock Notice issued by Adelong Gold over their Challenger Gold Mine joint venture, asserting the annual plan was properly approved and no deadlock exists.
15 Aug
Maxwell Dee
Kaili Resources Secures Green Light for Rare Earth Drilling in South Australia
Kaili Resources has received official approval to begin a targeted drilling program for rare earth elements across three tenements in South Australia’s Limestone Coast region, advancing its exploration ambitions in a promising mineral province.
15 Aug
Maxwell Dee
ARCH Commits to Full Participation in Evolution Energy’s $1.45M Rights Issue
ARCH Emerging Markets Partners, Evolution Energy Minerals’ largest shareholder, confirms it will fully subscribe to the company’s renounceable rights issue, supporting a $1.45 million capital raise.
15 Aug
Maxwell Dee
Fulcrum Lithium Exits Fairway Project After Limited Lithium Hits in Maiden Drilling
Fulcrum Lithium’s initial drilling at its Fairway project in Nevada returned modest lithium results, prompting the company to relinquish the claims. The move sharpens focus on its Alkali Flats project, where assay results are pending.
15 Aug
Maxwell Dee
Fortuna Metals Rebrands with New Name, Ticker, and Capital Structure
Fortuna Metals Limited has officially changed its name from Lanthanein Resources Ltd and updated its ASX ticker from 'LNR' to 'FUN', effective 20 August 2025. The company also unveiled a new website and detailed its post-consolidation capital structure.
15 Aug
Maxwell Dee
Connexion Mobility Accelerates Profit Growth Amid Strategic Share Buyback
Connexion Mobility Ltd reported a robust 14% revenue increase and a 32% rise in profit after tax for FY25, underpinned by its SaaS fleet management platforms and a significant share buyback program.
15 Aug
Sophie Babbage
Diablo Resources Launches Maiden Drilling at High-Grade Phoenix Copper Project
Diablo Resources has commenced its first-ever drilling campaign at the Phoenix Copper Project in Utah, targeting two promising prospects with strong surface copper indications. The fully funded program aims to unlock new copper resources near a major producing mine.
15 Aug
Maxwell Dee
Microequities Boosts Profits 39%, Launches New Private Credit Fund
Microequities Asset Management Group reported a robust FY25 with significant profit growth and a new private credit product launch, signaling a strategic diversification and positive outlook for FY26.
15 Aug
Claire Turing