Latest Asx News

EML Payments has affirmed its FY26 underlying EBITDA guidance of A$58-63 million following a solid Q1 trading update, underpinned by a growing new program pipeline and operational efficiencies.

Ausgold Limited has raised A$80 million through a fully underwritten placement to fast-track the Katanning Gold Project, aiming for a final investment decision by mid-2026. The capital injection strengthens the company’s balance sheet and supports key development milestones.

White Energy Company Limited has launched a $3.5 million entitlement offer to fund exploration across its copper projects, with drilling already underway at the Specimen Hill site in Queensland. The company is leveraging AI and advanced geophysics to target high-grade copper zones, aiming for a near-term discovery.

Environmental Clean Technologies is set to convert a $1.13 million convertible note into equity, significantly reducing debt and freeing resources to advance its PFAS remediation technology.

White Energy Company Limited has announced a partially underwritten entitlement offer to raise approximately $3.5 million at a 10% discount, aimed at funding key mineral exploration projects across Australia.

Silver Mines Limited has announced its best-ever mineralised diamond drill intercept at the Bowdens Silver Deposit, hitting 116 metres at 245g/t silver and significantly surpassing previous records. This breakthrough validates Bowdens as one of Australia’s premier undeveloped silver projects amid a backdrop of soaring silver prices.

Horizon Oil Limited reported robust FY25 results, highlighted by a strategic acquisition of Thailand upstream assets and a 10-year permit extension at Maari, nearly doubling production and securing a strong outlook through 2030.

Prospect Resources has identified 11 strong electromagnetic conductors at its Mumbezhi Copper Project in Zambia, highlighting promising new exploration targets including the 2.5km Chipimpa cluster. With Phase 2 drilling complete and assay results pending, the company aims to update its Mineral Resource estimate in early 2026.

Red Mountain Mining Ltd has made a strong entrance on the US OTCQB market, surging 36% on its first day of trading as it advances key antimony and gold projects across the US and Australia.

Prescient Therapeutics has achieved a key regulatory milestone with the European Medicines Agency granting Orphan Drug Designation for its PTX-100 therapy targeting Cutaneous T-cell Lymphomas, enhancing its commercial and clinical prospects in Europe.

Middle Island Resources has identified significant lead and zinc soil anomalies at the Tisovik target within its Bobija Project in Serbia, highlighting promising exploration potential in a historically mined area. Assay results reveal high-grade mineralisation footprints extending over 1.5km, setting the stage for further investigation.

Albion Resources has identified a compelling geophysical and geochemical anomaly at its Ives North prospect, setting the stage for a high-priority drilling campaign in early 2026. The untested target lies near previous high-grade gold intercepts, promising significant exploration upside.