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Australian Clinical Labs Denies Claims Made in Class Action Filed in Victorian Supreme Court

Australian Clinical Labs (ASX:ACL) denied the claims made in the representative proceeding filed in the Victorian Supreme Court by a Michelle Raab-Ivanov and plans to "vigorously" defend it, according to a Tuesday filing with the Australian bourse.The proceeding was expressed to be on behalf of persons who were customers of the company and/or its Medlab Pathology subsidiary before July 15, 2022, and whose personal information was affected by a cyberattack on Medlab Pathology in February 2022, the filing said.The statement of claim purports to seek damages for affected individuals based on alleged breaches of the Australian Consumer Law, per the filing.

ASX:ACL

Asia156d ago

Challenger to Redeem All Outstanding Challenger Capital Notes 3

Challenger (ASX:CGF) will redeem all of its outstanding Challenger capital notes 3 on May 25 at their face value of AU$100 each in cash, according to a Tuesday filing with the Australian bourse.The redemption has been approved by the Australian Prudential Regulation Authority.A final distribution of AU$1.47 per note is expected to be paid on May 25 to all registered holders as of May 15, the company said.

ASX:CGF

Asia156d ago

Rox Resources Identifies High-Grade Gold Mineralization at Western Australia Project

Rox Resources (ASX:RXL) said it identified high-grade gold mineralization during a recent drilling at its Youanmi Gold Project in Western Australia, according to a Tuesday Australian bourse filing.The results were up to 5 meters at 14.2 grams per tonne gold from 120 meters and 15 meters at 3.6 grams per tonne gold from 173 meters.The company said infill drilling at the United North deposit has identified additional high-grade ounces outside of the definitive feasibility study mine plan, with underground mining at the deposit progressing to plan with over 1,200 meters completed to date.Next steps include detailed mine planning and scheduling, and a review and award of contracts for further long lead items, the filing added.

ASX:RXL

Asia156d ago

Lynas Rare Earths Reports Higher Fiscal Q3 Gross Sales, Rare Earth Oxide Production

Lynas Rare Earths (ASX:LYC) said its fiscal third-quarter gross sales revenue increased to AU$265 million from AU$123 million a year earlier, while sales receipts advanced to AU$234 million from AU$124.6 million, according to a Tuesday filing with the Australian bourse.The company also reported quarterly rare earth oxide production of 3,233 tonnes, up from 1,911 tonnes in the prior-year period, as it achieved first-time samarium oxide production ahead of target in March, per the filing.The average selling price across all rare earth products during the fiscal third quarter was AU$84.60 per kilogram, in line with the prior quarter.Lynas Rare Earths said its cash payments for capital expenditure, exploration and development totaled AU$32.6 million in the fiscal third quarter, compared with AU$71.3 million a year earlier.

ASX:LYC

Asia156d ago

Ora Banda Mining Confirms Mining Potential of Western Australia Project

Ora Banda Mining (ASX:OBM) confirmed the mining potential of the Golden Pole lode within its Waihi project in Western Australia, according to a Tuesday filing with the Australian bourse.Targeted infill and extensional drilling returned results, including 3 meters at 44 grams per tonne (g/t), including 2 meters at nearly 65 g/t grade of gold, 11 meters at 11 g/t including 2 meters at 48 g/t grade of gold, and 7 meters at almost 17 g/t including 3.5 meters at 31 g/t grade of gold, the filing said.Results will be incorporated into the revised underground mineral resource and ore reserve estimates, expected to be released in the June quarter, per the filing.

ASX:OBM

Asia156d ago

Rio Tinto Group Reports Higher Q1 Copper Equivalent Production, Iron Ore Production

Rio Tinto Group (ASX:RIO) on Tuesday reported a 9% year-over-year increase in copper equivalent production in the first quarter, while global iron ore production jumped 12% to 82.8 million tonnes.The company said first-quarter iron ore production at its Pilbara operations rose 13% year over year to 78.8 million tonnes, and Pilbara iron ore sales ticked 2% higher to 72.4 million tonnes.Tropical cyclones impacted Pilbara shipments by about 8 million tonnes, with around half expected to be recovered, Rio Tinto said.The company maintained its 2026 Pilbara iron ore sales guidance at 323 million to 338 million tonnes. It also reaffirmed consolidated copper production guidance of 800,000 to 870,000 tonnes and the total iron sales outlook of 343 million to 366 million tonnes.

ASX:RIO

Asia156d ago

Insurance Australia Group's IAG New Zealand Says Storm-Related Claims Surge 256%

Insurance Australia Group's (ASX:IAG) IAG New Zealand division said Tuesday it received 33,174 weather-related claims between autumn 2025 and summer 2026 as a result of 46 storms during the period.That represents a 256% increase in storm-related claims compared with the year-ago period, when the company recorded 9,324 claims from 29 storms in New Zealand, and translates into roughly one storm every eight days."Simply put, our data indicates that storms are arriving more often and with greater intensity," said Phil Gibson, CEO of IAG New Zealand's AMI, State and NZI insurance brands. He noted that a storm typically affected parts of the country once every 19 days over a 15-year timeline.The October 2025 windstorm in Southland generated 5,289 claims, the February 2026 storm in Wellington resulted in 3,354 claims, and the April 2025 ex‑tropical cyclone Tam in Auckland generated 3,281 claims, ranking as the the top three storms by claims volume over the past 12 months.

ASX:IAG

Asia156d ago

Magnetic Resources Advances Western Australia Project With Updated Mining Proposal

Magnetic Resources (ASX:MAU) lodged an updated mining proposal and mine closure plan for its wholly owned Lady Julie Gold Project in Western Australia's Eastern Goldfields with the Department of Mines, Petroleum and Exploration, following recent optimization work, according to a Tuesday Australian bourse filing.The revision consolidates tailings storage at Lady Julie North 4 within the waste rock dump and incorporates improved geotechnical and hydrogeological studies for pit stability and water management, along with additional technical assessments addressing flood mitigation, waste rock classification, and environmental impacts, per the filing.The company is continuing to respond to regulatory information requests following recent mining lease approvals and, with board support for the Genesis Scheme and no superior offer available, is recommending that shareholders vote in favor of the scheme, the filing added.

ASX:MAU

Asia156d ago

Many Peaks Minerals' Ivory Coast Gold Project Holds Upside After Strong Mineral Estimate, Euroz Hartleys Says

Many Peaks Minerals' (ASX:MPK) Ivory Coast-based Ferke gold project has all the elements for a highly economic development project, Euroz Hartleys said in a note on Monday, after the company posted an upbeat mineral resource estimate from the project.The company announced a maiden mineral resource estimate of 1.3 million ounces of gold at 1.5 grams per tonne for its Ouarigue prospect area in the project, compared with Euroz Hartleys' forecast of 1 million ounces of gold at 1.2 grams per tonne.The investment firm said there is room for upside after the company stated the deposit remains open at depth, hinting potential for further growth, and highlighted additional exploration upside across a 37-kilometer gold trend at the site.Reverse circulation drilling at the Ferke South permit is also expected to begin after the grant of permit, a key prospective area "missed by the market," the firm added.Euroz Hartleys maintained a speculative buy rating and raised the price target to AU$1.90 from AU$1.38.

ASX:MPK

Asia156d ago

KMD Brands Secures NZ$11 Million in Retail Entitlement Offer Completion

KMD Brands (ASX:KMD, NZE:KMD) has completed the retail component of its fully underwritten 1-for-0.73 accelerated renounceable entitlement offer, with eligible shareholders subscribing for around 182.6 million new shares at NZ$0.06 each, raising about NZ$11 million as part of a total NZ$58.5 million capital raising, according to a Tuesday filing with the Australian and New Zealand bourses.The participation rate was around 52% of entitlements under the retail entitlement offer, with fully participating shareholders also applying for about NZ$4.5 million in additional shares via the retail shortfall facility, per the filing.The remaining around 169.3 million shares, consisting of unsubscribed entitlements from both eligible and ineligible retail shareholders, will be offered for sale through a retail shortfall bookbuild on Tuesday, while the company shares are in trading halt, the filing said.Trading is expected to resume on Wednesday, with any premium above the offer price after deducting withholding tax distributed to eligible shareholders by May 5, the filing added.

ASX:KMDNZE:KMD

Asia156d ago

Victory Giant Technology Nets HK$19.9 Billion in Hong Kong IPO Ahead of Debut

Victory Giant Technology (HKG:2476, SHE:300476) raised HK$19.89 billion in net proceeds from its initial public offering in Hong Kong.The final offer price was set at HK$209.88 per H-share, according to a Monday after-market filing with the Hong Kong Stock Exchange.The China-based printed circuit board manufacturer offered 95.9 million H-shares in the global offering.The Hong Kong public offer was 431.15 times subscribed, with a final allocation of 8.3 million shares, representing about 8.2% of the total offering.The international offering was 18.5 times subscribed, with a final allocation of 87.5 million shares, or about 91.3% of the total offering.An over-allocation of 14.4 million shares was made under the global offering.Cornerstone investors, including CPE Rosewood Investment, Janchor Partners Pan-Asian Master Fund, Yunfeng Capital, Morgan Stanley, and HHLR Advisors, were allotted a combined 37.2 million shares, according to the filing.Victory Giant Technology is scheduled to debut on the Hong Kong bourse on Tuesday, April 21.

HKG:2476SHE:300476

Asia156d ago

Rua Gold Seeks Fast-Track Approval to Advance New Zealand Project

Rua Gold (NZE:RGI) applied under New Zealand's Fast-Track Approvals Act to accelerate permitting for its Auld Creek Project in the Reefton Goldfield, aiming to move more quickly from exploration to development, according to a Tuesday New Zealand bourse filing.If approved, the streamlined process could help the company obtain key consents faster, potentially speeding up development of an underground mine expected to operate for eight years, create around 200 jobs, and contribute about NZ$240 million to the regional economy, per the filing.The project has backing from local communities and stakeholders, with additional economic studies in progress, the filing said. The decision on the fast-track application is anticipated within the next three months.

NZE:RGI

Asia156d ago

Black Pearl Group Posts Higher Annual Recurring Revenue in Fiscal Q4

Black Pearl Group (ASX:BPG, NZE:BPG) reported fiscal fourth quarter annual recurring revenue (ARR) of NZ$26.8 million, up 114% year on year, according to a Tuesday New Zealand bourse filing.The company reported ARR of AU$12.5 million for the March 2025 quarter, an earlier filing showed.The company's data-as-a-service recorded a 0% revenue churn in the period. Software-as-a-Service revenue churn improved by 0.4 percentage points to 4.9% from 5.3% the previous year.The customer acquisition cost payback period improved to 3.5 months in the fiscal fourth quarter, down from 3.9 months in the previous quarter.Annual recurring revenue per employee increased to NZ$346,000, a 41% rise from NZ$245,000 in the previous year.Looking ahead, the company said it is nearing its NZ$30 million ARR milestone.

ASX:BPGNZE:BPG

Asia157d ago

China Anchu Energy Storage Seeks Shareholder Nod to Boost Authorized Share Capital

China Anchu Energy Storage Group (HKG:2399) plans to seek shareholder approval for an increase in its authorized share capital to HK$20 million, divided into 8 billion shares, from HK$10 million, divided into 4 billion shares, according to a Monday Hong Kong bourse filing.The industrial products firm will do this by creating an additional 4 billion unissued shares.The firm said the move will give it greater flexibility in fundraising and promoting future business growth.

HKG:2399

Asia157d ago

China Mobile's Profit Slips 4.2% in Q1

China Mobile (HKG:0941, SHA:600941) recorded an attributable profit of 29.3 billion yuan in the first quarter of 2026, down 4.2% from 30.6 billion yuan a year prior, according to a Monday Hong Kong bourse filing by the telco.Earnings per share declined to 1.35 yuan from 1.42 yuan previously.Operating revenue jumped 1% to 266.5 billion yuan from 263.8 billion yuan in the year-ago period.

HKG:0941SHA:600941

Asia157d ago

China Mobile's 5G Customers Reach 668 Million in Q1

China Mobile's (HKG:0941, SHA:600941) 5G network customers stood at nearly 668 million in the first quarter of 2026, according to a Monday Hong Kong bourse filing by the telco.The firm added nearly 3.8 million mobile customers in the three months, bringing its total mobile customer base to nearly 1.01 billion users.Wireless broadband users increased by nearly 3.9 million to 333.1 million in the reporting period.

HKG:0941SHA:600941

Asia157d ago

Tianqi Lithium Forecasts Up to 1,818% Surge in Q1 Profit

Tianqi Lithium (HKG:9696, SHE:002466) expects an attributable profit of between 1.7 billion yuan and 2 billion yuan for the three months ended March 31, up 1,530% to 1,818% from 104.3 million yuan a year prior, according to a Monday Hong Kong bourse filing.The lithium company attributed the forecast to a significantly higher revenue, as well as growth in associate Sociedad Química y Minera de Chile's Q1 performance, according to Bloomberg forecast data.

HKG:9696SHE:002466

Asia157d ago

Hin Sang Names CEO

Hin Sang Group (International) (HKG:6893) named acting Chair Kwan Lai Man as its new CEO, according to a Monday Hong Kong bourse filing.Kwan will retain her role as acting chairperson following the appointment.

HKG:6893

Asia157d ago

Luye Pharma Enrolls First Patient in Tardive Dyskinesia Drug Trial in the US

Luye Pharma (HKG:2186) enrolled the first subject in a US pharmacokinetic (PK) clinical trial of its LY03015, according to a Monday Hong Kong bourse filing.The drug is intended to treat tardive dyskinesia and Huntington's disease.

HKG:2186

Asia157d ago

Huitongda Network Completes Hong Kong-Listed Share Full Conversion

Huitongda Network (HKG:9878) completed the conversion of 349.7 million domestic shares into Hong Kong-listed shares on Monday, according to a same-day Hong Kong bourse filing.The listing of the converted shares on the Hong Kong bourse will begin at 9:00 am on Tuesday, April 21.The logistics company now has 94.21% Hong Kong-listed shares and 5.79% domestic shares.

HKG:9878

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