Latest Strategic Shift News

Korab Resources reports significant gold and base metals exploration progress at its Rum Jungle Project, alongside innovative mining method evaluations and ongoing legal challenges to key lease renewals.

National Storage REIT has announced a fully franked 6 cent dividend for the second half of 2025, while withdrawing all prior guidance due to a significant scheme announcement.

Acrux Limited has sold the US registration and distribution rights for its Prilocaine 2.5% and Lidocaine 2.5% cream for US$550,000, redirecting resources towards its growing Hormone Replacement Therapy portfolio.

Nickel Industries has secured approval to increase its 2025 nickel ore sales quota by 1.5 million wet metric tonnes, enabling immediate sales resumption. This milestone is underpinned by a groundbreaking environmental permit that supports innovative, sustainable mining practices.

Robex Resources and Predictive Discovery have amended their merger agreement, increasing the exchange ratio and reshaping ownership stakes, while postponing the shareholder vote to December 30, 2025. The deal aims to create a leading West African gold producer with significant growth potential.

Predictive Discovery Limited has amended its acquisition deal with Robex Resources, creating a combined gold producer with over 400,000 ounces annual output by 2029 and sidelining Perseus Mining’s competing offer.

Fenix Resources unveils a robust three-year plan to ramp up iron ore production from 2.4Mt in FY25 to 6Mtpa by FY28, anchored by its Weld Range Project. The company also raises FY26 guidance and initiates feasibility studies for further expansion.

Memphasys Limited has restructured its leadership by eliminating the CEO role to back a direct-selling global commercialisation strategy for its Felix™ System, anticipating imminent CE Mark approval to enter the European IVF market.

Sentinel Metals has completed a detailed geophysical and structural study at its Columbia Gold Project, revealing promising deep feeder zones and strike extensions. A maiden 5,000m diamond drill program is set to test these new targets, potentially expanding the project's resource base.

Ramelius Resources launches a substantial A$250 million share buyback program alongside a dividend increase, signaling confidence in its expanding gold production and cash flow profile.

L1 Global Long Short Fund Limited (ASX – GLS) has opened a pro-rata non-renounceable entitlement offer to raise up to A$415 million, marking a pivotal step in its transition to L1 Capital’s Global Long Short Strategy. The offer includes a Top-Up Facility and a subsequent institutional placement to meet strong investor demand.

Experience Co Limited has agreed to sell its boutique Wild Bush Luxury portfolio to Intrepid Travel for $5.1 million, marking a strategic shift towards more scalable adventure tourism segments.