Justin Fris

Peppermint Grove-based Macro Metals has announced it will not exercise an option to acquire an 85 per cent stake in lithium rights at Aurora Energy Metals project in the US state of Oregon.

Zhaojin Capital has ramped up its takeover bid for Tietto Minerals, pitching a best and final offer to the takeover target's shareholders on Monday.

Shares in Kin Mining dipped by 11 per cent early on Monday morning, following news that the resources company will likely merge with PNX Metals, after both parties signed a scheme of arrangement.

Sierra Rutile managing director and chief executive officer Theuns de Bruyn says the company's Sembehun project in Sierra Leone has the potential to provide long-term financial success.

Shares in Argenica Therapeutics were down by 13 per cent on Friday morning, despite the biotechnology technology announcing it would raise $12 million in order to complete its second phase trial of its ARG 007 drug in ischaemic stroke patients.

A joint venture between Multiplex Constructions and Perkins Builders has been contracted for main works of the Bunbury Regional Hospital's redevelopment project.

Resources company OreCorp has announced several changes to its board, a day after Canada-based Silvercorp Metals gave its blessing to Perseus Mining's off-market takeover bid for the company.

Rising cost pressures and a soaring gold price have resulted in Northern Star Resources revising its all-in sustaining cost guidance for the 2024 financial year.

Gina Rinehart-backed Arafura Rare Earths has appointed Stuart MacNaughton as its chief operating officer, as the company aims to add further value to its flagship Nolans project in the Northern Territory.

Mineral exploration company Great Southern Mining will raise $1.8 million in a bid to enhance its gold resource base across both Western Australia and Queensland.

Shares in mining exploration company Solstice Minerals rose by 50 per cent on Tuesday, following news it will divest an 80 per cent stake in its Hobbes exploration licence to Northern Star Resources.

Shares in VRX Silica fell early on Wednesday, following news that the company will raise $3.14 million to further project activities across its vast Western Australian portfolio.

Shares in South Perth-based Metals X rose by 6 per cent on Tuesday, following news that the company recorded a net profit after tax of $14.59 million for its 2023 full-year.

Uranium explorer Peninsula Energy has appointed Willie Bezuidenhout as its interim chief financial officer, following Rachel Rees' departure from the company earlier this month.

Gold producers Silver Lake Resources and Red 5 Resources have continued to deliver ahead of their likely merger in June, with both mid-tier companies performing strongly throughout the March 2024 quarter.

ASX-listed Tietto Minerals achieved a quarterly production record for March 2024, amid China-based Zhaojin Capital's pursuit for the company.

Westgold Resources has announced it will merge with Toronto-listed Karora Resources, resulting in a market capitalisation value of approximately $2.2 billion.

Shares in Capricorn Metals and West African Resources dipped slightly on Friday, after both companies provided preliminary production updates for the March 2024 quarter.

Encounter Resources has announced it will raise $10.5 million in a bid to enhance drilling activities at its Aileron project, in Western Australia's West Arunta region.

Shareholders of Calidus and Miramar Resources experienced different emotions on Thursday following market updates from both companies.

Perth-based lithium explorer Winsome Resources has signed a binding, exclusive option agreement with Canada-based Stornoway Diamonds, as it aims to increase its footprint within the Canadian province of Quebec.

Shares in WA goldminers Regis and Westgold Resources have taken a hit following market updates outlining cost and operational issues.

Rio Tinto has announced it will manage rehabilitation of the Ranger uranium mine in the Northern Territory on behalf of subsidiary Energy Resources Australia, which counts Perth-based company Packer & Co as a 9.32 per cent minority shareholder.

Less than a week after confirming it would not pursue a merger with Toronto-listed Karora Resources, gold producer Ramelius Resources has recorded its highest ever quarterly production.

Resonance Health has acquired TrialsWest in a consideration package worth up to $8 million.

Perenti's underground mining business Barminco has won a three-year $393 million contract with Regis Resources.

The owner of Australia's largest lithium mine has defied a fall in the commodity’s price to post a near-doubling in full-year profit to $6.28 billion.

ASX-listed Hammer Metals has announced it will sell a 70 per cent stake in three of its sub-blocks to Carnaby Resources in a package worth up to $20 million.

In order to advance its Goldfields-based Mandilla and Feysville gold projects, Astral Resources has announced it will raise $7 million courtesy of a share placement.

Exploration company Constellation Resources will raise $1.4 million to continue exploration activities at its flagship Orpheus project in Western Australia's Fraser Range province.

Sierra Rutile directors have formed a preliminary view that an on-market takeover from US-based Gerald Group, which owns bidder PRM Services, is an opportunistic and inadequate offer.

Gold producer Ramelius Resources has confirmed it will not pursue a merger with Toronto-listed Karora Resources.