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Dreadnought Resources Finds High-Grade Critical Minerals Mineralization at Western Australia Project

Dreadnought Resources (ASX:DRE) said it found high-grade critical minerals mineralization during a recent drilling at its Stinger critical metals deposit, part of the Gifford Creek carbonatite complex in Western Australia, according to a Monday Australian bourse filing.The results were of up to 22.3 meters at 1.3% niobium pentoxide from 71.6 meters, including 10.4 meters at 2.1% niobium pentoxide from 71.6 meters, the filing added.The company said all holes have extended mineralization at Stinger, which remains open to the north and northwest, with an updated niobium JORC exploration target to be prepared and expanded to include potential critical metal by-products.Metallurgical test work at Stinger and the wider Gifford Creek to date shows promise of being commercial, the filing added.

ASX:DRE

Asia66d ago

Canyon Resources CEO Resigns for Personal Reasons

Canyon Resources (ASX:CAY) CEO Peter Secker has resigned due to personal reasons but will remain in the role over the coming months to help the company navigate a transition to production at its Minim Martap bauxite project in Cameroon, according to a Monday filing with the Australian bourse.Secker has also agreed to be available for longer, if needed, to support the executive recruitment process and ensure operational continuity, per the filing.Meanwhile, Mark Hohnen has transitioned into the non-executive chairman role.The company said it has mobilized a surface miner to the Daniel Plateau deposit at Minim Martap, with trial mining operations due to start in April. Canyon Resources is targeting first production in the second quarter and the first ore shipment in the third quarter.The company further said its current cash position, alongside an existing debt financing facility, is sufficient to fully support the capital expenditure needs for the first ore shipment.Shares of Canyon Resources were down 9% on market close.

ASX:CAY

International66d ago

Fixed-Asset Investment in China's Railways Rises 5% in Q1

Chinese railways' fixed-asset investment in the first quarter rose 5.1% year on year to 137.9 billion yuan, Xinhua reported Saturday, citing China State Railway Group.Some of the railway projects that are continuing are the Xi'an-Shiyan high-speed railway and the Shandong section of the Xiong'an-Shangqiu high-speed railway, the report said.About 2,000 kilometers of new national railway lines are planned to start operations this year, the report said.

Shanghai Composite^SZSE

International66d ago

ADB Projects Developing Southeast Asia to Keep Steady Growth in 2026, 2027

Developing Southeast Asia is expected to maintain steady economic growth this year, supported by resilient domestic demand, according to the Asian Development Bank (ADB) report on Monday.The subregional economy is projected to expand by 4.7% in 2026 and by 4.8% in 2027, although growth trends will vary significantly across individual economies.Indonesia's growth outlook is expected to strengthen on solid domestic demand, while Myanmar is projected to rebound from contraction in 2025 as reconstruction activity supports recovery.In contrast, growth in Malaysia, Thailand and Vietnam is expected to moderate due to weaker global trade conditions and fading export momentum, although technology-related exports are likely to provide some support.Meanwhile, the Philippines is projected to remain subdued, Cambodia may see slower growth in 2026 before recovering in 2027 alongside tourism recovery, while Timor-Leste is expected to remain stable before accelerating.Inflation in developing Southeast Asia is forecast to rise to 3.2% in 2026 from 2.3% in 2025, driven by stronger domestic demand and higher food and energy costs. Price pressures are expected to increase across most economies, particularly in Indonesia, the Philippines, Malaysia, Thailand, and Vietnam, amid higher oil prices and domestic adjustments.Inflation is expected to ease to 2.8% in 2027 as global commodity prices stabilize, with Myanmar projected to see softer price pressures due to improved transport conditions, currency strength, and better agricultural output, the report showed.

^HNX^HOSE^JKSEFTSE Bursa Malaysia KLCI^PSEI

Asia66d ago

Lunnon Metals Says Gold Structures Extend to Over 500 Meters at Western Australia Project

Lunnon Metals (ASX:LM8) said recent exploration results support key mineralized structures continuing at depth at its Lady Herial gold system in Western Australia, with the depth extent of the structures now at a significant plunge of more than 500 meters, according to a Monday Australian bourse filing.The company said the results highlight the potential for these structures to interact down-dip with the Foster underground nickel mine and other prospective gold host rocks within the St Ives camp, creating potential future synergies between gold and nickel underground at Foster and Lady Herial.The results also open up the opportunity for the Lady Herial gold system to interact with the Lunnon Sediment, the host rock to the Father's Day Vein at Beta/Hunt, a gold and nickel mine within the St Ives camp, the filing added.The company's shares fell 1% in recent Monday trade.

ASX:LM8

Asia66d ago

Anson Resources Reports 148 Parts Per Million Lithium Assay at Utah Drilling Program

Anson Resources (ASX:ASN) said it has received a value of 148 parts per million (ppm) lithium from drilling fluid at the Mississippian horizon at 9,189 feet in the re-entry drilling program of the Mt Fuel-Skyline Geyser 1-25 well in Utah, according to a Monday Australian bourse filing.The company said samples of heavy drilling fluid were collected from the Mississippian Units, Leadville Formation, between 9,189 feet and 9,239 feet, with the Mississippian Mt Fuel Skyline Geyser estimated to be 650 feet to 660 feet thick according to a 3D model.The company added that the assay results and other data will support an increase in the JORC resource estimate and have been sent to a third party for consideration for inclusion in a revised resource estimate.The company's shares fell 2% in recent Monday trade.

ASX:ASN

Asia66d ago

Piramal Pharma's Lexiton Facility Gets 'Voluntary Action Indicated' Classification from US FDA

Piramal Pharma (NSE:PPLPHARMA, BOM:543635) has received the establishment inspection report (EIR) with 'voluntary action indicated' classification from the U.S. Food and Drug Administration (US FDA) for its manufacturing facility in Lexington, India, according to a Monday filing to the Indian stock exchanges.The FDA conducted a general good manufacturing practices (GMP) inspection of the Lexington facility from Dec. 3, 2025, to Dec. 10, 2025. At the conclusion of the inspection, the US FDA issued a Form-483, with four observations.The receipt of EIR marks the successful closure of the US FDA's inspection at Piramal Pharma's manufacturing unit in Lexington.The company's shares were up nearly 1% in recent trade.

BOM:543635NSE:PPLPHARMA

Asia66d ago

Count Says Commonwealth Bank Reduces Stake

Count (ASX:CUP) said Commonwealth Bank of Australia and its related entities have reduced their stake in the company on April 9 to 19.97% or 40.9 million shares from 25.75% or 43.5 million shares, according to a Monday Australian bourse filing.The company's shares were up 2% in recent Monday trade.

ASX:CUP

Asia66d ago

Meijin Energy to Pay Fourth-Year Interest of 3.59 Billion Yuan Convertible Bond

Shanxi Meijin Energy (SHE:000723) plans to pay the fourth-year interest of a 3.59 billion yuan convertible bond, according to a Monday disclosure on the Shenzhen bourse.The bond's interest rate for the year is 1.60% and it will be paid on April 20. The bond's term is until April 19, 2028.The coal miner's shares rose 1% during the afternoon trade.

SHE:000723

Asia66d ago

Haisco Pharmaceutical Grants AbbVie Exclusive Rights for Nav1.8 Inhibitors; Shares Up 4%

Haisco Pharmaceutical (SHE:002653) granted AbbVie Group Holdings exclusive rights to develop, manufacture, and commercialize Nav1.8 inhibitors globally, according to a Shenzhen bourse filing on Monday.The Chinese pharmaceutical company will receive an upfront payment of $30 million and additional milestone payments of up to $715 million.The scope of the exclusive rights will exclude the mainland, Hong Kong and Macau.The Nav1.8 inhibitors are HSK55718 and HSK51155, which are developed to block specific sodium ion channels and restrain abnormal neuronal firing in pain pathways.Haisco's shares jumped 4% during the afternoon trade.

SHE:002653

Asia66d ago

Kairos Minerals Increases Mineral Resource Estimate for Western Australia Gold Project

Kairos Minerals (ASX:KAI) said the mineral resource estimate for its Mt York gold project in Western Australia has increased to 61.7 million tonnes at 1.05 grams per tonne grade of gold for 2.08 million ounces of gold, according to a Monday filing with the Australian bourse.The company said 27,000 meters of drilling completed in 2025 delivered a 50% resource boost at a discovery cost of AU$13.40 per ounce.The gold grade has also increased by 5% as a result of higher drilling density and the recognition of continuous zones of higher-grade mineralization, per the filing.Additionally, a 50,000-meter drill program has commenced to target resource extension, infill, and exploration."Mt York has now become one of the largest undeveloped gold projects in Australia," said Kairos Managing Director Peter Turner. "We plan to have four rigs turning at Mt York for most of the year as we target additional ounces at this project."

ASX:KAI

Asia66d ago

Renova March Power Sales Rise 5% Above Plan

Renova (TYO:9519) said its electricity sales in March rose 5% above plan, with output reaching 318 million kilowatt-hours, according to a Monday filing on the Tokyo Stock Exchange.Electricity sales increased 51% from a year earlier, driven by contributions from biomass and solar power plants, the company said.For the fiscal year ended March 31, total electricity sales reached about 3.3 billion kilowatt-hours, slightly below planned levels.The company said output curtailment had a limited impact on annual revenue, accounting for about 0.3% of its full-year plan, despite temporary halts at some plants following grid control instructions.

TYO:9519

Asia66d ago

Shikoku Bank Targets 12 Billion Yen Profit by Fiscal 2028

The Shikoku Bank (TYO:8387) said it has launched a three-year medium-term management plan through March 2029 aimed at deepening transformation and driving growth, according to a Monday filing on the Tokyo Stock Exchange.The bank said the plan focuses on strengthening human capital, advancing organizational transformation through digital technologies, and enhancing customer engagement across its regional network.Shikoku Bank aims to lift nonconsolidated profit to 12 billion yen or more by fiscal 2028, from a planned 8.6 billion yen for fiscal 2026, while targeting a return on equity of at least 6%.

TYO:8387

Asia66d ago

Clinuvel Pharmaceuticals Says JPMorgan Increases Stake

Clinuvel Pharmaceuticals (ASX:CUV) said JPMorgan Chase & Co. and its affiliates have increased their stake in the company on April 8 to 7.02% or 3.5 million shares from 5.57% or 2.8 million shares, according to a Monday Australian bourse filing.

ASX:CUV

Asia66d ago

Hoshino Resorts Reit Sees February Revpar Rise

Hoshino Resorts REIT (TYO:3287) said its portfolio revenue per available room rose 10.5% in February, supported by strong inbound travel demand, according to a Monday filing on the Tokyo Stock Exchange.Average daily rate increased 8.6% from a year earlier, while occupancy rose 1.4 percentage points, the company said. Net sales climbed 8.3% to about 4.9 billion yen.The rise in inbound demand was driven in part by the timing of the Lunar New Year holiday, which fell in mid-February this year, boosting accommodation demand across the portfolio.While travel advisories from China continued to weigh on some locations, the impact was largely offset by increased visitors from Taiwan and South Korea, the company said.

TYO:3287

Asia66d ago

Elevra Lithium Says BNY Mellon Cuts Stake

Elevra Lithium (ASX:ELV) said The Bank of New York Mellon Corporation and its group entities have reduced their stake in the company on April 9 to 22.32% or 37.8 million shares from 23.33% or 39.5 million shares, according to a Monday Australian bourse filing.The company's shares fell 2% in recent Monday trade.

ASX:ELV

Asia66d ago

Shanghai Shyndec Pharmaceutical Expects Up to 65% Decline in Q1 Attributable Profit; Shares Slide 6%

Shanghai Shyndec Pharmaceutical (SHA:600420) forecasts attributable profit to fall 59% to 65% year over year to between 126 million yuan and 148 million yuan in the first quarter, according to a Saturday filing with the Shanghai bourse.The decline is attributable to a rise in protectionism in India and the U.S, domestic antibiotic overcapacity, and declining demand from key customers, among others, the filing said.Shares slid 6% during afternoon trading on Monday.

SHA:600420

Asia66d ago

Sakura Internet Lands JPY 3.8 Billion Generative AI Order

Sakura Internet (TYO:3778) said it has received a generative artificial intelligence infrastructure order worth about 3.8 billion yen from a national institution, according to a Monday filing on the Tokyo Stock Exchange.The order includes cloud-based high-performance computing systems such as SAKURAONE Managed HPC Cluster H100 and H200 powered by NVIDIA GPUs.The service provision period is planned through March 2027, and the company said the order is expected to be reflected in its consolidated earnings forecast for the fiscal year ending March 2027.

TYO:3778

Asia66d ago

Aeon Fantasy Targets Yen 150 Billion Sales by Fiscal 2030

Aeon Fantasy (TYO:4343) has set out a five-year management plan through fiscal 2030 aimed at reviving domestic growth, strengthening overseas operations and improving capital efficiency, according to a Wednesday filing on the Tokyo Stock Exchange.The company said key priorities include returning its domestic business to a growth path, pursuing synergies across brands, and implementing more selective overseas strategies, particularly in Southeast Asia markets.Aeon Fantasy also plans to enhance its business portfolio management and execute digital transformation initiatives designed to support earnings growth, while improving financial soundness.Under the plan, the company is targeting net sales of 150 billion yen by fiscal 2030, compared with 93.2 billion yen in fiscal 2025, and an operating margin of 10%.

TYO:4343

Equities66d ago

Dana Gas Resumes Output at Khor Mor Gas Field in Iraq

Dana Gas (ADX:DANA) said Monday it resumed production at the Khor Mor gas facility in Iraq's Kurdistan region.The Abu Dhabi-listed company said the field had intermittent operations in recent weeks. It carried out prudent operational measures during the period in coordination with government authorities.

ADX:DANA

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