Australia Breaking News

Magnum Mining and Exploration (ASX:MGU) appointed Antonio Vitor Junior as managing director.

Anna Edwards, Guy Johnson, and Mark Cudmore break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade."

EV Resources (ASX:EVR) has defined a laterally extensive, shallow carbonate replacement-style antimony system at its Los Lirios Project.

ReNerve (ASX:RNV) has advanced its NervAlign Nerve Guide Matrix to Stage 3 commercial production.

Nagambie Resources (ASX:NAG) announced a $9 million reduction in total debt, marking a shift in the company’s financial structure.

ASML raised its full-year sales forecast, with net sales expected to be between 36 billion ($42.4 billion) to 40 billion this year. Europe's most valuable company's machinery is crucial for producing the Nvidia Corp. chips that are the backbone for training and running artificial intelligence models in data centers. Bloomberg's Charlotte Hughes-Morgan reports.

Xenitra (ASX:XEN) announced the 100% acquisition of Hong Kong Fukang Trading.

QEM (ASX:QEM) announced the strategic acquisition of past-producing fluorspar, tungsten, and niobium projects in Idaho.

Gucci sales fell, hurt by the conflict in the Middle East. Revenue at the Kering brand slid 8% on a comparable basis during the first quarter. Analysts were expecting a drop of 4.3%. Bloomberg Intelligence's Deborah Aitken breaks down the situation.

OD6 Metals (ASX:OD6) reported ultra-high-grade channel sampling results from the Horseshoe prospect at its Quinn Fluorspar Project.

PYC Therapeutics (ASX:PYC) advances its PYC-001 drug candidate to multiple-dose testing for blinding eye disease ADOA.

Omnia Metals (ASX:OM1) announced a multi-faceted strategic expansion into the United States' critical minerals sector.