Australia Breaking News

Bannerman Energy (ASX:BMN) has launched a fully underwritten placement to raise $124 million.

Auric Mining (ASX:AWJ) executed binding agreements to acquire the Union Jack Project in Western Australia.

Gateway Mining (ASX:GML) received firm commitments for a $45 million share placement to fund the next stage of exploration at its Yandal Gold Project.

Patriot Resources (ASX:PAT) executed an agreement to acquire the Tassa 5 concession in Peru, expanding the total site footprint to 1,800 hectares.

Culpeo Minerals (ASX:CPO) commenced a maiden four-hole, 2,000-metre diamond drilling programme at the Vista Montana prospect.

Former US Trade Representative Susan Schwab says shared geography and deep economic ties will keep the U.S. and Canada aligned despite upcoming political friction. She notes that joint cooperation on critical minerals and a unified front against Chinese competition are essential to protect North American industry.

Greenvale Energy (ASX:GRV) has expanded the scope of Test Programme 7 at its Queensland Alpha Project.

Austal (ASX:ASB) has reportedly received an uninvited counter bid worth up to US$1.35 billion from a US investment firm.

Viridis Mining and Minerals (ASX:VMM) has secured approval for a 77.5 million Brazilian real government financing facility.

Sentinel Metals (ASX:SNM) secured an exclusive option to acquire a 1% production royalty over 13 patented claims at its Columbia Gold-Silver Project.

Lux Copper (ASX:LUX) has started its maiden drilling programme at the Baird Copper Project in Alaska using two drill rigs.

Treasury Secretary Scott Bessent challenged traders to counter his efforts to strengthen Japan's currency, touting that when he makes market calls nowadays he's effectively doing so with inside information. Bloomberg's Sunny Bangia breaks down the news.