Australia Breaking News

Gateway Mining (ASX:GML) has resumed exploration at its Yandal Gold Project in Western Australia, with two aircore rigs now on site.

Gorilla Gold Mines (ASX:GG8) has recommenced a major multi-rig drilling campaign across its key Western Australian gold projects.

Junior explorer 3D Energi (ASX:TDO) has suspended trading in its shares after being unable to meet a cash call linked to ConocoPhillips' $100 million-plus offshore gas exploration campaign in Victoria.

Ragusa Minerals (ASX:RAS) has expanded its Purple Pansy Manganese-Gold Project in Arizona, USA, with the addition of 201 staked tenements.

Cyclopharm (ASX:CYC) announced a major milestone for its flagship functional lung imaging product, Technegas, following the release of a draft US clinical guideline that recognises it as a preferred ventilation agent.

Evolution Energy Minerals (ASX:EV1) has completed its soil sampling program at the Chikundo Copper Project within the Chilalo tenure in southern Tanzania.

Beam Communications (ASX:BCC) has received a lump-sum payment of US$9 million from Roadpost.

WestStar Industrial (ASX:WSI) has announced that its wholly owned subsidiary, SIMPEC, has been awarded a $20 million construction contract for a new filtration plant at Glencore’s McArthur River Mine in the Northern Territory.

Bunnings landlord BWP Trust (ASX:BWP) has agreed to sell its Chadstone Homeplus Homemaker Centre in Victoria to Centuria Capital Group (ASX:CNI) for $86 million.

Battery Age Minerals (ASX:BM8) has appointed Sebastian Kneer as CEO, effective Feb. 2.

Gold has surged through US$5,000 an ounce, with major banks now treating that level as a base case, not a stretch.

Insurance broker AUB Group (ASX:AUB) will acquire UK insurance broker and underwriting platform PIHL Holdings (Prestige) for $432 million.