Latest News
Cauldron Energy confirms significant uranium discovery at Manyingee South prospect
Cauldron Energy (ASX: CXU) has declared the Manyingee South prospect at its Yanrey project in Western Australia a globally significant in-situ recovery (ISR) uranium deposit. The declaration came after Cauldron defined thick, high-grade mineralisation along a continuous 1.5 kilometre strike length with the first four holes drilled intersecting mineralisation. The project is located just 4.5km […]
Melbana Energy to become oil producer following Cuban project approval
Investors have flooded into the stock of Melbana Energy (ASX: MAY) after news that its Cuban oil development plans are set to go ahead. Melbana’s share price jumped more than 60% at one point after the company announced it is set to become a producer for the first time, following approval for the Block 9 […]
Swoop Holdings acquires 16.99% stake in Vonex as full ownership battle heats up
Australian fixed wireless network provider Swoop Holdings (ASX: SWP) has finalised the $2.45 million acquisition of a 16.99% equity interest in telecommunications company Vonex (ASX: VN8). The on-market purchase of 61.4 million shares at an average price of $0.04 follows Swoop’s bid earlier this month for full ownership of Vonex in competition with a proposed […]
Petratherm reports high-value titanium discovery at Muckanippie project in South Australia
Petratherm (ASX: PTR) has identified high-value titanium at its heavy mineral sand (HMS) discovery within the Muckanippie project area, south-west of Coober Pedy in South Australia. The Australian, US, Indian, Japanese and South Korean governments, along with the European Union, have designated titanium as a critical mineral for essential modern technologies, economies and national security. […]
xReality Group lands first US federal sale with $5.6m defence contract for Operator XR system
Australian technology company xReality Group (ASX: XRG) has been awarded a $5.6 million contract to deliver an immersive training capability to the US Department of Defense. The contract was granted by Acrolect Solutions LLC / DBA Endurance Group, the prime contractor for the department’s research and development (R&D) efforts. xReality will supply licenses for its […]
Island Pharmaceuticals acquires exclusive right to develop antiviral drug galidesivir
Island Pharmaceuticals (ASX: ILA) has signed a deal with US-based BioCryst Pharmaceuticals to take over the development program for antiviral molecule galidesivir. The proposed acquisition aligns with Island’s strategy to address urgent viral disease and medical countermeasure development. Under the terms of a binding agreement, Island will pay BioCryst a US$50,000 option fee for exclusive […]
Catalyst Metals boosts Plutonic reserves, looks to double production by 2027
A 105% increase in reserve numbers at the Plutonic project is set to stimulate three years of production growth for Western Australian gold miner Catalyst Metals (ASX: CYL). Strong drilling success has supported reserve growth to 1 million ounces at Plutonic and led Catalyst to forecast a doubling of production over the next three years […]
Viva Leisure diversifies with $2m investment for 34% stake in Boutique Fitness Studios
Australian health club group Viva Leisure (ASX: VVA) has announced plans to diversify its business with a $2 million strategic investment and equity interest in premium fitness and wellness company Boutique Fitness Studios. The “economically compelling” investment will be fully funded from Viva’s existing cash reserves and available bank facilities, with the company also offering […]
Private credit surges past $1.5 trillion globally, challenging traditional banks
One of the fastest growing asset classes is private credit, which has rapidly grown to more than $1.5 trillion globally. Those Preqin numbers have had a huge boost in Australia, with increasingly risk-averse banks now being bypassed as traditional debt is replaced by private credit. For investors, the rapid growth in private credit is certainly […]
Lotus Resources hits thickest uranium zones to date at letlhakane project in Botswana
African-focused advanced uranium player Lotus Resources (ASX: LOT) has intersected the thickest continuous zones of uranium mineralisation to date at its Letlhakane project in Botswana. The highlights of the latest results include 26.1m of a continuous zone, with the thicker mineralisation starting as shallow as 8.2m. The company has now added the results from 35 […]
Stavely Minerals identifies visual copper mineralisation from aircore drilling at Junction prospect
Stavely Minerals (ASX: SVY) has reported multiple intercepts of visual copper mineralisation from recent aircore drilling at its Junction prospect in Victoria. Intercepts from the 20-hole program contained several occurrences of visual copper oxide minerals (azurite and malachite) and copper sulphides (chalcopyrite, covellite and chalcocite). Drilling and rock-chip samples have been received by the laboratory […]
FBR’s Hadrian X robot completes first home walls in US demonstration program
Robotics technology company FBR Limited (ASX: FBR) has completed the walls of the first home in its US demonstration program using the proprietary Hadrian X mobile block-laying machine and system. The program is being rolled out with global building materials firm CRH Ventures and the walls have been certified as compliant with the region’s design […]
Aruma Resources opens Fiery Creek exploration program with high-grade copper assays
Aruma Resources (ASX: AAJ) has reported a positive start to exploration work at its Fiery Creek copper project in the Mt Isa region of Queensland, with high-grade copper assays received from its initial surface sampling program. Aruma has fast-tracked initial exploration work at Fiery Creek, which it acquired along with the nearby Bortala copper project […]