Latest News
Wellnex Life raises $9m ahead of proposed London Stock Exchange AIM listing
Healthcare business Wellnex Life (ASX: WNX) has received initial conditional binding commitments of $9 million to support its proposed dual listing on the AIM sub-market of the London Stock Exchange (LSE). After receiving significant interest from UK-based institutions and sophisticated investors, the company launched the 1:1 non-renounceable entitlement offer it had previously announced earlier this […]
Philippines nickel miners urge reconsideration of ore export ban
The Philippines Nickel Industry Association (PNIA) says the nation isn’t ready to compete with miners from Australia, Indonesia and Brazil and believes the government should reconsider its proposed export ban on the critical metal. PNIA – the country’s largest group of nickel mining companies – said the Philippines must first create a competitive environment to […]
Scorpion Minerals expands Murchison footprint with E79 Gold Jungar Flats farm-in deal
Scorpion Minerals (ASX: SCN) plans to commence drilling as soon as possible on new gold targets in the Murchison Province of Western Australia it has acquired through a farm-in agreement with E79 Gold Mines (ASX: E79). Scorpion can earn up to a 70% stake in the Jungar Flats gold project owned by E79 subsidiary E79 […]
Infomedia to expand AI capabilities with 50% stake in German startup Intellegam
Infomedia (ASX: IFM) has moved to add state-of-the-art AI technology to its skillset with the proposed 50% acquisition of Munich-based advanced search algorithm startup Intellegam GmbH. The Sydney-headquartered company has entered into a binding agreement to outlay approximately $10.1 million to help redefine solutions for original equipment manufacturers (OEMs), dealerships and vehicle owner customers. Chief […]
Australia’s road funding crisis worsens while EVs stay untaxed
There are costs for all of us when governments fall asleep at the wheel and one of those examples is hitting us already. Many would remember the ill-conceived and clumsy attempts by the Victorian Government to tax electric cars – an attempt which resulted in then Treasurer Tim Pallas having to refund the tax when […]
BPH Energy’s subsidiary seeks judicial review of PEP-11 oil and gas permit decision
BPH Energy (ASX: BPH) has reported that Asset Energy – a fully-owned subsidiary of its investee company Advent Energy – has applied to the Federal Court for a judicial review of decisions related to the PEP-11 oil and gas permit off the NSW coast. Asset has asked for a review of the decisions made by […]
Adelong Gold expands portfolio with acquisition of high-grade Apollo project
Adelong Gold (ASX: ADG) has added a high-grade Victorian project to its portfolio of local gold assets. The company is acquiring a 100% interest in exploration licence EL006430 via a binding purchase agreement with Currawong Resources, a wholly owned subsidiary of TSXV-listed Great Pacific Gold Corporation. Situated within the highly prospective “Melbourne Zone” that hosts […]
Kalgoorlie Gold set to commence follow-up drilling at new Lighthorse gold discovery
Kalgoorlie Gold Mining (ASX: KAL) will commence a follow-up drilling campaign next month at its newly discovered Lighthorse gold project in Western Australia to assess the potential for strike extensions. Maiden drilling in February returned thick high-grade intervals including 17 metres at 4.81 grams per tonne gold from 48m with 8m at 9.21g/t from 52m […]
Castle Minerals confirms Kpali gold discovery in Ghana with further high-grade hits
Castle Minerals (ASX: CDT) has hit mineralisation in all eight holes of its latest drilling program at the Kpali gold discovery in Ghana. Highlights from the new Kpali program feature 12 metres at 8.29 grams per tonne gold from 25m including 6m at 11.60g/t from 31m and a peak 1m intercept of 20.43g/t at 36m […]
Pro Medicus logs 42.7% increase in net profit as major contracts drive growth
Health imaging company Pro Medicus (ASX: PME) has announced a net profit of $51.7 million for the six months to the end of December 2024, representing a 42.7% increase on the previous corresponding period. Revenue from ordinary activities was up 31.1% to $97.2m, driven largely by increased sales from North America, where regional revenue rose […]
Bravura Solutions returns to profitability, upgrades FY25 guidance
Bravura Solutions (ASX: BVS) has announced a return to profitability for the first half of the 2025 financial year, with revenue of $127.5 million underpinned by its new “energise, build and grow” strategy. The result represents a marginal 0.4% increase on the previous corresponding period, while the company’s EBITDA jumped by 52.1% to $43.8m, compared […]
US steel and aluminium tariffs threaten Australian industry, MCA warns
With hopes of a reprieve from President Donald Trump’s proposed steel and aluminium tariffs having run into a major roadblock, the Minerals Council of Australia (MCA) says the move is set to have significant implications for the Australian industry. The US president signed executive orders earlier this week that will see 25% taxes placed from […]
St George Mining signs deal with Shandong Xinhai to fast-track Araxá project in Brazil
St George Mining (ASX: SGQ) has signed a deal with global service provider Shandong Xinhai Mining Technology & Equipment to co-develop the advanced Araxá niobium-rare earth elements project in Brazil. Under the terms of the partnership, Xinhai will provide St George with advice on metallurgical testing, mineral processing options, plant design and project construction as […]