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Reedy Lagoon Corporation has appointed experienced resources director Joshua Gordon to its board as executive director. Credit: File Reedy Lagoon Corporation (ASX: RLC) has called in an experienced set of hands to help steer its next chapter, appointing seasoned resources investor and corporate finance specialist Joshua Gordon as executive director in a move designed to sharpen the company's strategic focus and unlock shareholder value. The appointment appears to be par

Capability X’s AI-powered industrial safety platform struck a chord with investors on ASX debut, sending its shares soaring almost 50 per cent to close at 29c. Credit: File AI-driven industrial safety developer Capability X (ASX: CX8) has announced itself to the Australian sharemarket in spectacular fashion, hitting an intraday high of 30 cents on debut today – a whopping 50 per cent premium to its 20-cent IPO price – before closing at 29 cents, delivering a welcome shot

ADX Energy is preparing to drill its GOLD-1 shallow gas prospect in Upper Austria, with pad and site construction now well underway. Credit: File ADX Energy (ASX: ADX) has locked in a drill rig and set a January spud date for its GOLD-1 shallow gas exploration well in upper Austria, targeting a mean prospective resource of 8.3 billion cubic feet (Bcf) of gas. The company says the rig is now contracted and will mobilise in the new year for a quickfire 14-day drilling progr

Auric Mining’s original Munda open pit, where a subsequent starter pit proved highly successful, producing almost 9000 ounces of gold. Auric Mining (ASX: AWJ) has secured A$17 million in firm commitments through a strongly supported placement to accelerate its ambitious growth strategy across its Western Australian gold portfolio. The two-tranche placement, set at A$0.18.5 cents per share, has generated keen interest from new and existing Australian and international inst

Estrella Resources’ planned Werumata limestone project sits on the north coast of Timor-Leste, adjacent to deep-water access. Credit: File Estrella Resources (ASX: ESR) has kicked the door down on the potential economics of its Werumata limestone project in Timor-Leste, with a new scoping study projecting a stunning after-tax net present value (NPV) of US$1.45 billion (A$2.12 billion) and a hefty 46 per cent internal rate of return (IRR). The review outlines a massive dev

A regional map showing the location of Flagship Minerals’ new Fortuna Valle project in Chile’s prolific Coquimbo copper-gold region in relation to nearby major copper projects. Flagship Minerals (ASX: FLG) has added another string to its South American bow, securing an option to acquire the district-scale Fortuna Valle copper-gold project in northern Chile’s prolific Coquimbo region. The deal provides the company with a path to 100 per cent ownership of a massive 265-sq

Ardea Resources’ drilling at its Kalgoorlie nickel project, one of the biggest nickel-cobalt resources in the developed world. Credit: File Ardea Resources (ASX: ARL) has delivered a stunning set of numbers from a scoping study confirming significant potential to bolt on a highly profitable scandium recovery circuit to its giant tier-one Kalgoorlie nickel project (KNP) in Western Australia. The independent scoping study, undertaken by Australian consultancy Elemental En

Core yard pad under construction at Dalaroo Metals’ Bondoukou Gold Ridge project in Côte d’Ivoire. Credit: File Dalaroo Metals (ASX: DAL) is about to fire up the diamond rigs at its Bondoukou Gold Ridge project in Côte d’Ivoire, chasing up a substantial high-grade gold discovery made at the project last month. The company says an initial five-hole, 1750-metre program will test the down-dip and along-strike extensions of mineralisation at its Wilfred target, where fresh

Technicians inside one of Miro Science’s partner Q-Gen Cell Therapeutics’ clean rooms, recently cleared by the Australian Therapeutic Goods Administration to manufacture the company’s StemSmart treatment for refractory Crohn’s disease. Credit: File Perth-based biotech Miro Sciences (ASX: MSX) , formerly NeuroScientific Biopharmaceuticals, has cleared a significant manufacturing hurdle in its quest to bring a new cell therapy to patients with refractory Crohn’s disease, af