Australia Breaking News

HiTech Group Australia (ASX:HIT) has secured firm commitments to raise $4 million through a share placement at $1 per share.

Enova Mining (ASX:ENV) has secured an exclusive option to acquire a 100% interest in the Caraúbas Monazite Project.

Minrex Resources (ASX:MRR) has commenced greenfield drilling at the Western Expansion target of its Tlamino Project.

The Australian Senate has voted to launch an enquiry into the management of the nation's $350 billion mortgage offset account market following widespread banking failures.

Reliance Worldwide Corporation (ASX:RWC) has agreed to a binding scheme implementation deed under which Brookfield Capital Partners will acquire 100% of its ordinary shares for US$3.38 per share.

Bond traders have piled into bearish positions ahead of Wednesday's Federal Reserve meeting. Bloomberg's Sunny Bangia and Tom Orlik break down the pressures weighing on equities as traders await the Fed's rate decision.

First Au (ASX:FAU) signed a binding agreement to acquire Javelin Minerals (ASX:JAV) through an all-scrip takeover offer.

Talga Group (ASX:TLG) executed a non-binding letter of intent with German battery manufacturer EAS Batteries.

Native Mineral Resources (ASX:NMR) completed a gold smelt resulting in a total doré weight of 501oz (15.58kg) at its Blackjack operations.

Silver Mines (ASX:SVL) has received an updated assessment from the New South Wales for its Bowdens Silver Project.

Patagonia Lithium (ASX:PL3) has commenced drilling well JAM 26-09 at its Formentera Lithium Project to complete its exploration sequence.

Orezone Gold (ASX:ORE) has announced an updated life-of-mine plan for the Casa Berardi gold mine.