Latest Asx News

Aurumin Limited has had its trading suspension lifted following the announcement of proposed material transactions involving non-gold mineral rights at its key projects.

Aurumin Limited has entered binding agreements with Newcam Minerals for a $4 million joint venture on key gold projects, alongside a $1 million sale of non-gold mineral rights at Sandstone, positioning the company for near-term gold production.

Astute Metals has reported its highest-grade lithium intercept to date at the Red Mountain Project in Nevada, extending mineralisation over a 5.6-kilometre strike length and reinforcing the project's growing significance in the US lithium landscape.

Catalyst Metals has finalized the sale of its Henty gold mine to Kaiser Reef, securing $15 million in cash and a near 20% stake in Kaiser. This deal unlocks a strategic option to acquire half of the Maldon processing plant, bolstering Catalyst’s Victorian gold ambitions.

Xanadu Mines has received a takeover bid from Bastion at A$0.08 per share, representing a substantial premium and backed unanimously by the board and major shareholder CAAF. The offer includes a $17.2 million capital injection and is subject to limited conditions.

Alvo Minerals has voluntarily suspended trading of its shares on the ASX as it finalizes an Entitlement Offer and prepares to announce progress on the Lavra Velha Project acquisition.

Wayburn Holdings has lodged a formal application with the Takeovers Panel challenging the integrity of Emu NL’s recent extraordinary general meeting vote, citing undisclosed share placements and opaque proxy handling.

International Graphite Limited has received encouraging feedback from the U.S. Department of Defense on its proposal for up to US$7.5 million in funding to advance its graphite mine-to-market strategy, potentially securing a vital supply chain from Western Australia to the U.S.

Unico Silver’s initial Phase 1 drilling at the Joaquin project delivers compelling high-grade silver and gold results, expanding the La Negra resource and revealing a promising new zone at Brunilda. A second drill rig is now accelerating deeper exploration.

Matrix Composites & Engineering has received a preliminary, non-binding proposal from Advanced Innergy Solutions for a reverse merger, prompting careful review by its board amid uncertainty.

Synertec Corporation has been appointed to Sydney Water’s SCADA and Electrical Services Panel, granting access to a significant pipeline of water infrastructure projects valued at $245 million over five years. This appointment strengthens Synertec’s foothold across Australia’s major water utilities.

Manhattan Corporation Limited (ASX: MHC) unveils strategic advances across its high-grade gold, lithium, and uranium projects, highlighted by a farm-in joint venture with Novo Resources and key management appointments.