Latest Asx News

Astral Resources has launched a recommended takeover offer for Maximus Resources, valuing the company at $31 million and combining their gold resources to form a leading Western Australian developer with approximately 1.8 million ounces of gold.

Polymetals Resources reports solid progress in restarting its Endeavor Silver Zinc Mine, with key hires completed and mining activities underway, aiming for cash flow in the first half of 2025.

NH3 Clean Energy has successfully completed the Pre-FEED engineering phase for its WAH2 clean ammonia project, unlocking new opportunities for emissions and cost optimization while preparing for strategic partnerships.

Native Mineral Resources has raised $14.9 million through a Shortfall Placement and a major investment by Wes Maas, accelerating its plans for gold production at Charters Towers in Queensland.

Cobre Limited reports promising assay results from diamond drilling at its Ngami Copper Project in Botswana, revealing significant copper and silver mineralization over a 4km strike. The findings bolster prospects for advancing the Comet target towards a formal resource estimate.

Catalyst Metals Limited is ramping up exploration in the historically underexplored Plutonic Gold Belt, aiming to boost annual gold production from 110,000 to 200,000 ounces. With a robust cash position and a $40 million drilling program underway, the company is poised to unlock significant new resources.

Westgold Resources has lowered its FY25 gold production forecast due to slower-than-expected ramp-ups at key mines, adjusting cost and capital expenditure guidance accordingly.

Optiscan Imaging has initiated a pivotal pre-clinical gastrointestinal study in Germany using its first flexible prototype, aiming to revolutionize real-time GI tract imaging and diagnostics.

Pure Resources Limited has entered a strategic alliance with SSH Group Ltd to accelerate the development of the Reedy Creek Garnet Project, aiming to enhance operational capacity and expedite project milestones.

Aurum Resources has closed its takeover offer for Mako Gold, securing over 91% ownership and initiating compulsory acquisition of remaining shares.

Miramar Resources has validated the Bangemall region as a significant new nickel-copper province following detailed mineralogical analysis at its Mount Vernon Project, highlighting promising sulphide mineralisation and a dominant land position.

Podium Minerals has become the first Australian platinum group metals developer to join the World Platinum Investment Council, gaining access to vital market intelligence and global industry engagement ahead of production.