Public Company News

St George Mining has secured $5 million at a 13.1% premium for its Araxá project in Brazil to upscale drilling, expand its niobium-rare earths resource and pursue US partnerships. The company will soon launch 9000m of drilling to enhance its world-class project. The placement will enable an earlier and expanded program at Araxá to increase the current 41 million tonne niobium–rare earths resource.

Octava Minerals has clinched a $1.5 million raising to help the company secure the Federation copper-zinc-silver project in western Tasmania, tapping into a region famed for its mineral wealth and pro-mining jurisdiction. The project, stumbled upon decades ago by then operator and nearby tin prodigy Renison, has a promising set of high-grade historical intercepts at its Sweeney's prospect that are untested since drilling in the 1970s.

Bulls N' Bears ASX Runners of the Week is… I Synergy Limited, after the company revealed a MoU with NASDAQ-listed Treasure Global to deliver its AI infrastructure to Malaysia. ActiveEX unveiled a promising maiden resource for its Queensland gold project. Vanadium Resources locked in an offtake with the Chinese for its South African iron-vanadium ore and Broken Hill Mines relisted on its eponymous mine in NSW.

Aurum Resources has struck 1.43m at 234.35g/t gold at its 1.59-million-ounce Boundiali gold project in Cote d'Ivoire as it continues a 100,000m drilling program for the year. Two resource updates are imminent. The company has completed 23 diamond core holes totalling 5728.9 metres of drilling at its BM Target 3 deposit within Boundiali.

Larvotto Resources has officially sealed a $60 million equity deal to get its Hillgrove antimony-gold project in New South Wales up and running. The raise follows a hefty US$105 million (A$159.6 million) bond issue and gives the company the financial firepower to push through construction and hit first ore in the second quarter of next year. Larvotto is now in the box seat to deliver the West's next critical minerals supply.

Dollar Bill (AKA Bulls N Bears' Bill McConnell) has been polishing his monocle in preparation for the resurgence of the small caps market – and it's starting to happen.

NeuroScientific Biopharmaceuticals has snagged a well-credentialled WA haematologist and oncologist as its chief medical officer. The company is banking on Dr Catherine Cole's decades of clinical leadership and trials experience to help it roll out its innovative stem cell therapy. A trial is underway to test its stem cell technology to treat patients with a difficult-to-treat complication of Crohn's disease.

Aguia Resources has lit the afterburners on its Tres Estradas phosphate project in Brazil, after a massive 70 per cent rise in global phosphate prices drove a sharp uplift in the project's economics. Aguia plans to start production in early 2026 to tap into a rising fertiliser market, and its revamped, low-CAPEX model is shaping up to deliver outsized returns.

Uranium American Resources, formerly Tonogold, has unveiled a strategic rebrand by changing its US ticker to UARI. The move, which aligns with the company's acquisition of low-risk US uranium and vanadium projects, completes its transformation into a clean energy mineral player. The transaction was supported by a fresh US$3.5 million placement at 6 cents a share – a 75 per cent premium to the current 3.4 cent price.

American West Metals has intercepted visual copper sulphides and uncovered some 8km of outcropping copper at its giant Storm Copper project in Nunavut, Canada. The outcrops were identified across its Tornado area, adrift from the main resource, with the promising shows underscoring the vast potential of the district-scale 2200-square-kilometre address to continue to deliver high-grade copper discoveries.

Pilot Energy has kicked off a formal courtship process to secure farm-out partners at its expansive offshore gas permit in Western Australia's North Perth Basin. The impressive 8605-square-kilometre licence, Australia's largest offshore exploration permit, encompasses both proven oil and gas play fairways along WA's Mid West coast.

Aurumin Limited and Kula Gold have continued to resurrect a forgotten gem in Western Australia's Southern Cross Goldfields after hauling in another series of dazzling drill hits at the historic Mt Palmer mine. The latest reverse circulation drilling program delivered some serious eye candy for gold bugs, with a standout shallow intercept of 3m at 35.9g/t gold from just 17m, including 1m at 83.6g/t, catching investors' attention.