October 29, 2025

Scorpion Minerals Limited (ASX:SCN), an Australian mineral exploration and resource development company focused on discovering world-class deposits, has announced encouraging results from its Reverse Circulation (RC) drilling program at the Pharos Gold Project in Western Australia. Assay results from July drilling confirmed significant gold mineralisation near the surface at the Cap Lamp prospect, including intercepts

Elixir Energy Limited (ASX: EXR) has provided an update on its operations in the Taroom Trough and greater Surat-Bowen Basin in Queensland. Elixir Energy is an Australian oil and gas exploration and development company, focused on unlocking the potential of unconventional gas resources. The company holds a significant acreage position in Queensland’s Taroom Trough. The

Arika Resources Limited (ASX: ARI), focused on delivering value to shareholders through the development and discovery of high-quality gold assets, has announced promising assay results from its ongoing drilling program at the Yundamindra Gold JV Project in Western Australia. The Yundamindra Gold JV Project is located 65km south-west of Laverton, 250km north of Kalgoorlie, Western

Atlas Iron, a subsidiary of Gina Rinehart’s Hancock Prospecting, reported a 41 per cent decrease in full-year profit, attributing the downturn to cyclonic weather and lower iron ore prices. The West Australian company posted a net profit of $260 million for the 2024-25 financial year, a significant drop from the $440 million recorded in the

Cash Converters International has successfully completed the institutional component of its equity raising, securing $15.74 million. This was achieved through a fully underwritten placement and an institutional entitlement offer. The company aims to bolster its financial position as it eyes strategic expansions. Cash Converters is a retailer and finance provider with operations primarily in Australia

CVC Limited is considering a new offer of CVC Capital Notes, potentially including a reinvestment option for certain holders of CVC Notes 2. The offer’s launch is contingent upon prevailing market conditions and receipt of necessary regulatory approvals. CVC Limited is an investment firm focused on generating absolute returns from investment grade assets and undervalued

Woolworths Group, a major Australian supermarket chain, reported that its first-quarter sales performance was below company targets and market expectations. Despite a 2.7 per cent increase from the prior year, reaching $18.5 billion, chief executive Amanda Bardwell acknowledged the results did not meet internal aspirations. Woolworths operates a network of supermarkets and retail stores across

Boss Energy has announced a strong September quarter, marked by record drummed production of 385,910 pounds of U3O8. The company achieved this at a C1 cash cost of $US34 per pound, positioning it favourably against its FY26 guidance. This performance has led to robust free cashflow generation during the quarter. Boss Energy is focused on