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IGO CFO Resigns

IGO's (ASX:IGO) Chief Financial Officer, Johan van Vuuren, resigned effective Wednesday, according to a same-day Australian bourse filing.It began arrangements for an interim CFO and will undertake a process to identify a permanent successor.Its shares fell 1% in recent trading on Wednesday.

ASX:IGO

Asia63d ago

Cannindah Resources Identifies Resource Expansion Potential at Queensland Copper-Gold Project

Cannindah Resources (ASX:CAE) said it has identified "significant" resource expansion potential at the Cannindah breccia copper-gold deposit of its Mt Cannindah project in Queensland, according to a Wednesday Australian bourse filing.The company said some historical holes within the current mineral resource estimate (MRE) envelope have incomplete assay data, highlighting the opportunity to potentially upgrade the MRE, while additional outcropping host-rock breccia has now been mapped for about 400 meters along strike to the south of the 600-meter envelope.Several historical diamond drill holes located up to 550 meters south of the southern mineral resource boundary were never sampled despite containing visual breccia and sulphides, and have now been sent for analysis, the filing added.The company will drill an additional 17 holes for 3,500 meters to test high-priority resource growth targets, with an updated MRE planned following completion of the current drill program.

ASX:CAE

Asia63d ago

Update: oOh!media Receives AU$1.40-per-Share Buyout Proposal From Pacific Equity Partners; Shares Surge 41%

(Updates with the stock movement in the headline and last paragraph.)oOh!media (ASX:OML) received an unsolicited, non-binding proposal from Pacific Equity Partners to acquire the company for AU$1.40 per share in cash, according to a Wednesday filing with the Australian bourse.The proposal is subject to several conditions, including the completion of due diligence, unanimous recommendation by oOh!media's board, and regulatory approvals, per the filing.The company said it is evaluating the proposal alongside financial adviser UBS Securities Australia and legal adviser Mallesons.Shares of oOh!media surged 41% in recent Wednesday trade.

ASX:OML

Asia63d ago

Bannerman Energy Says Early Construction Works Program at Namibia Uranium Project to Continue Through H1

Bannerman Energy (ASX:BMN) said the execution of the early construction works program at the Etango uranium project in Namibia is planned to continue through the first half, according to a Wednesday Australian bourse filing.The bulk earthworks contract now stands at around 67% complete, the company said. Civil and mechanical design for the dry plant is around 93% complete. Design work on the wet plant is focusing on design optimization test work.The company said the completion for its binding investment subscription and joint venture documentation with CNNC Overseas, a unit of China National Uranium, for the funding, development, and operation of its Etango project is targeted for mid-2026. A final investment decision on the project is expected to be taken shortly thereafter.Bannerman Energy's shares fell 1% in recent trading on Wednesday.

ASX:BMN

Asia63d ago

DevEx Resources Defines Exploration Pipeline at Northern Territory Uranium Project; Shares Jump 8%

DevEx Resources (ASX:DEV) defined a pipeline of uranium discovery opportunities across its Nabarlek uranium project in the Northern Territory, with drill-ready targets defined at the Big Radon, KP, Sandfire, and Nabarlek North prospects, according to a Wednesday Australian bourse filing.It incorporated recently acquired tenements from Alligator Energy (ASX:AGE) and Rio Tinto (ASX:RIO), and integrated geophysical, geological, and drilling datasets across its expanded portfolio.Drilling at Nabarlek is scheduled to start in June, comprising an initial campaign of around 15,000 meters across 66 holes, as well as an additional 2,000 meters at Murphy West. The mining firm has secured sufficient diesel supply to support the planned campaign.Its shares rose 8% in recent trading on Wednesday.

ASX:AGEASX:DEVASX:RIO

Asia63d ago

Market Chatter: China Orders ByteDance Apps to Follow Rules on AI Content Labeling

The Cyberspace Administration of China has directed ByteDance video apps Jianying and Maoxiang, along with the Jimeng AI site, to comply with rules on identifying AI-generated content, Reuters reported Tuesday, citing a statement from the regulator.The regulator said the ⁠three platforms violated China's cybersecurity law and relevant rules, and penalized those responsible for the violations, according to the report.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Shanghai Composite^SZSE

Asia63d ago

Meteoric Resources Consolidates Tenure at Brazil Rare Earths Project Via Amendment Agreement With Togni, Shares Fall 7%

Meteoric Resources (ASX:MEI) has executed an amendment agreement with joint venture partner Togni to consolidate its interests in key tenements at the Caldeira Rare Earths Project in Brazil, via immediate and full assignment of the primary tenements required for the commencement of production, according to a Wednesday Australian bourse filing.The company said as consideration for the transfer, Togni has been granted the right to nominate a director to the Meteoric board, together with a conditional offtake option for up to 30% of mixed rare earth carbonate (MREC) produced at the Caldeira project, with Togni retaining rights to all non-rare earth elements on its tenements.The offtake option allows Togni to acquire up to 30% of annual production from the project by providing five years' advance notice, on a market pricing and take-or-pay basis, provided the use of MREC does not compete with Meteoric's interests, it added.The company's shares fell 7% in recent Wednesday trade.

ASX:MEI

Asia63d ago

Xinte Energy's Losses Narrow in 2025; Shares Up 4%

Xinte Energy (HKG:1799) recorded 1.21 billion yuan in attributable loss in 2025, narrowing from a loss of 3.90 billion yuan a year earlier, according to a Hong Kong bourse filing Tuesday.The renewable energy company's shares were up nearly 4% in late morning trade Wednesday.Loss per share was 0.84 yuan, compared with 2.73 yuan in the prior year.Revenue fell 28% year on year to 15.25 billion yuan, figures showed.

HKG:1799

Asia63d ago

Andean Silver Continues Advancing Chile Project Exploration in March Quarter

Andean Silver (ASX:ASL) continued advancing exploration at its Cerro Bayo project in Chile during the March quarter, confirming the prospectivity of newly identified mineralized vein systems, according to a Wednesday filing with the Australian bourse.The company generated "outstanding" drilling results in key areas, with conversion drilling consistently intersecting main mineralized zones in Coyita, Delia SE, and Temer, the filing said.Results will be integrated into an updated mineral resource estimate slated for release in the June quarter, per the filing.Shares rose nearly 1% in afternoon trade Wednesday.

ASX:ASL

Asia63d ago

Toubani Resources Confirms Uninterrupted Operations at Mali Gold Project Despite Security Concerns; Shares Up 8%

Toubani Resources (ASX:TRE) said its Kobada Gold Project in southern Mali continues to operate without interruption despite recent security incidents in the country, with construction, drilling, and financing activities all advancing in line with schedule, according to a Wednesday Australian bourse filing.The company said all personnel are safe, and security and travel protocols remain in place, with close communication maintained with Malian authorities, per the filing.Construction and drilling work accelerated in accordance with the project timeline, driven by continued mobilization of contractors and materials, including recent deliveries through the Port of Abidjan, the filing said.Engineering and procurement remain on track, while financing efforts with Eagle Eye Asset Holdings and Coris Bank's senior and mezzanine debt facilities are well advanced, with financial close still targeted for the June quarter, the filing added.The company's shares rose 8% in recent Wednesday trade.

ASX:TRE

Asia63d ago

Mapletree Industrial Trust's DPU Down 8% in Fiscal Q4; Shares Down 4%

Mapletree Industrial Trust's (SGX:ME8U) distribution per unit or DPU fell 8% during the fiscal fourth quarter ended March 31 to SG$0.0309 from SG$0.0336 a year earlier, according to a Tuesday filing with the Singapore Exchange.Shares of the trust were down over 4% in Wednesday trading.Distribution to shareholders was down 7.9% to SG$88.2 million from SG$95.8 million.Net property income fell 8.6% to SG$119.9 million from SG$131.2 million in the year-ago period.Gross revenue dropped 7.9% year over year to SG$163.8 million from SG$177.8 million.Meanwhile, average overall portfolio occupancy declined to 91.2% from 91.4% in the prior period.

SGX:ME8U

Asia63d ago

First Tractor Posts 6% Profit Growth in Q1

First Tractor (HKG:0038, SHA:601038) recorded 562.5 million yuan in attributable profit for the first quarter of 2026, up 6.2% from 529.5 million yuan a year earlier, according to a Hong Kong bourse filing Tuesday.The agricultural tractor maker's Hong Kong shares gained over 7% in morning trade Wednesday.Earnings per share were 0.5006 yuan, compared with 0.4712 yuan in the prior year period.Operating revenue rose 2.5% to 4.67 billion yuan, figures showed.

HKG:0038SHA:601038

Asia63d ago

Bank of Zhengzhou's Profit Rises 5% in Q1

Bank of Zhengzhou (HKG:6196, SHE:002936) posted net profit attributable to equity shareholders of 1.07 billion yuan for the first quarter, up 5.4% from 1.02 billion yuan a year earlier, according to a Tuesday Hong Kong bourse filing.Shares of the lender were up 2% in late-morning trade on Wednesday.Earnings per share came in at 0.12 yuan, compared with 0.11 yuan a year earlier.Operating income rose 1% to 3.51 billion yuan from 3.48 billion yuan in the prior-year period.

HKG:6196SHE:002936

Asia63d ago

Beach Energy's Western Australia Gas Plant Reaches Nameplate Capacity

Beach Energy's (ASX:BPT) Waitsia gas plant in Western Australia reached nameplate capacity of 250 terrajoules per day, according to a Wednesday statement from the company.Waitsia is a joint venture project with operator MEPAU, and Beach holds a non-operated interest.The plant has the capacity to deliver the equivalent of nearly one quarter of the state's domestic natural gas demand, per the statement.The company's shares fell 1% in recent trading on Wednesday.

ASX:BPT

Asia63d ago

RemeGen Swings to Profit in Q1 2026

RemeGen (HKG:9995, SHA:688331) booked 328 million yuan in attributable profit for the first quarter of 2026, swinging from a loss of 254.1 million yuan a year earlier, according to a Hong Kong bourse filing Tuesday.The biopharmaceutical company's Hong Kong shares were down 2% in late morning trade Wednesday.Earnings per share were 0.58 yuan, compared with a loss of 0.46 year in the prior year period.Operating revenue jumped 25% year on year to 656.2 million yuan, figures showed.

HKG:9995SHA:688331

Asia63d ago

China Northern Rare Earth's Q1 Profit Soars 113%, Revenue Jumps 28%; Shares Surge 10%

China Northern Rare Earth's (SHA:600111) net profit attributable to shareholders in the first quarter surged 113% year on year to 917.7 million yuan from 430.6 million yuan a year earlier, according to a Shanghai bourse filing on Wednesday.Earnings per share rose 0.25 yuan from 0.12 yuan.Operating revenue jumped 28% to 11.9 billion yuan from 9.29 billion yuan in the previous year.Shares of the company rose 10% during the morning trade on Wednesday.

SHA:600111

Asia63d ago

Anhui Expressway's Q1 2026 Profit Falls 2.7%

Anhui Expressway (SHA:600012, HKG:0995) booked 536.4 million yuan in attributable profit for the first quarter of 2026, down 2.7% from 551.2 million yuan a year earlier, according to a Hong Kong bourse filing Tuesday.The transport infrastructure services company's Hong Kong shares declined over 3% in late morning trade Wednesday.Earnings per share were 0.3140 yuan, compared with 0.3323 yuan in the prior year period.Operating income fell 44% year on year to 1.57 billion yuan, figures showed.

HKG:0995SHA:600012

Asia63d ago

Holly Futures' Q1 Profit Soars 940%; Shares Jump 5%

Holly Futures (HKG:3678, SHE:001236) posted net profit attributable to shareholders of 12.5 million yuan for the first quarter, up 940% from 1.20 million yuan a year earlier, according to a Tuesday Hong Kong bourse filing.Hong Kong-listed shares of the commodity trader gained nearly 5%, while its Shenzhen-listed shares rose 2% in Wednesday's late-morning trade.Earnings per share came in at 0.0124 yuan, compared with 0.0012 yuan a year earlier.Total income from operations rose 24% to 81.8 million yuan from 66.2 million yuan in the prior-year period.

HKG:3678SHE:001236

Asia63d ago

Brightstar Resources Reports Higher March Quarter Group Mining Production

Brightstar Resources (ASX:BTR) said its group mining production for the March quarter came in at 58,700 tonnes at 3.3 grams per tonne (g/t) grade of gold for 6,250 ounces from its Laverton underground mining operations in Western Australia, according to a Wednesday Australian bourse filing.The company's group mining production for the March 2025 quarter came in at 28,200 tonnes at 3.3 g/t grade of gold for 3,002 ounces from its Laverton underground mining operations in Western Australia, per the filing.During the quarter, the Fish underground mine was transitioned to care and maintenance, with mining operations ceasing and the mine positioned to be ready for the recommencement of ore production in early 2027.The mining development and closure proposal for Lady Shenton open pit mine in Menzies was approved, the filing said.Brightstar Resources' shares fell nearly 1% in recent trading on Wednesday.

ASX:BTR

Asia63d ago

Racura Oncology, University of Wollongong Win New South Wales Government Funding for Cancer Study

Racura Oncology (ASX:RAC) and the University of Wollongong secured funding under the New South Wales government's TechVouchers program to study the efficacy of (E,E)-bisantrene for certain types of breast and ovarian cancers, according to a Wednesday filing with the Australian bourse.A collaboration between Racura and the University aims to produce preclinical evidence for the development of RC220 as a new targeted therapy, per the filing.Results from the collaboration are expected to come out over the next 12 months.Racura Oncology shares gained 2% in recent Wednesday trade.

ASX:RAC

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