Latest Observability News

Tribune Resources delivered steady gold output and continued underground development in the March 2025 quarter, while improving cost efficiency and maintaining positive cash flow. Exploration drilling at key prospects promises potential resource upgrades ahead.

BPM Minerals has reported encouraging assay results from its recent drilling programs at the Louie Prospect and Claw Gold Project, reinforcing the potential for economic gold resources in Western Australia. The company maintains a solid cash position of approximately A$2 million as it prepares for further exploration.

Rand Mining reported a solid March quarter with 4,909 ounces of gold produced and ongoing underground development, though cash reserves dipped to $2.33 million reflecting operational pressures.

White Cliff Minerals has initiated a significant drilling campaign at its Rae and Danvers copper projects, revealing extensive visible sulphide mineralisation, while also advancing its balance sheet through the sale of the Reedy South Gold Project for A$1.2 million.

Vection Technologies has successfully raised $3.55 million, exceeding its initial $2 million target, following a robust Q3 FY25 performance marked by a 92% increase in cash receipts and a significant boost in recurring revenue.

Felix Gold Limited advances its Treasure Creek Project in Alaska, aiming for near-term domestic antimony production by late 2025, supported by ongoing metallurgical testing and strong U.S. government backing. The company also highlights its significant gold resource base in the Fairbanks Mining District, positioning itself as a dual-critical minerals player.

Monadelphous Group Limited has agreed to acquire Perth-based High Energy Service for $21.5 million, bolstering its footprint in high voltage electrical services and supporting Australia's energy transition.

Gorilla Gold has exercised its option to acquire the remaining 49% stake in the Comet Vale Project, increasing its ownership to 100% and positioning itself to capitalise on recent high-grade discoveries.

DY6 Metals has revealed significant high-grade gallium mineralisation at its Tundulu Rare Earth and Phosphate project, with assays showing grades up to 310.46 g/t Ga2O3 from surface and at depth. This discovery highlights the project’s potential amid rising gallium demand and supply constraints.

Blue Star Helium reports robust natural flow rates and peak helium concentrations from its Jackson 29 well at the Galactica project, underscoring the site’s promising helium resource potential.

Alcidion Group Limited reported a robust Q3 FY25 with $13.1 million in cash receipts and a landmark 10-year $37.5 million contract with North Cumbria NHS Trust, prompting an upgrade to its full-year EBITDA guidance.

Bendigo and Adelaide Bank clarifies a modest 5.8% variance in half-year cash earnings against market forecasts, confirming no material surprise and compliance with ASX disclosure rules.