The Listed Podcast

Top Stories BNZ — Benz Mining defines maiden 10.1–12.0 Moz gold Exploration Target at Glenburgh, flagging world-class potential Benz Mining has dropped a major number on the market — a maiden JORC Exploration Target of 10.1 to 12.0 million ounces of gold at its 100%-owned Glenburgh project in Western Australia, putting it firmly in world-class territory. The target spans 485 to 540 million tonnes...

Top Stories PTR — PTR Minerals delivers globally significant maiden resource of 463Mt at 8.8% heavy minerals at Rosewood Titanium Project PTR Minerals has dropped a globally significant maiden resource of 463 million tonnes at 8.8% heavy minerals for its Rosewood Titanium Project in South Australia — that’s 40.6 million tonnes of contained heavy minerals, ranking it among the world’s premier heavy...

Top Stories MP1 — Megaport raises A$827M to build AI inference cloud with A$459M in new GPU contracts Megaport is raising a whopping A$827 million via a fully underwritten 1-for-3.08 non-renounceable entitlement offer — one of the largest ASX tech capital raises in recent memory. Four new AI infrastructure contracts worth A$459 million in total contract value have already been secured, and the com...

Top Stories THL — thl receives revised NZ$3.10 per share cash takeover bid from BGH Capital-led consortium Tourism Holdings has received a revised non-binding indicative offer of NZ$3.10 per share in cash from a consortium of BGH Capital and the Trouchet family, who already own approximately 19.9% of thl. This is a bumped offer, signalling the acquirer is serious. The deal is conditional on due di...

Top Stories MEU — Marmota hits spectacular high-grade gold assays up to 41 g/t at Greenewood discovery in South Australia Marmota’s Greenewood discovery in South Australia’s Gawler Craton is throwing up extraordinary numbers. Stage 2 detailed assays include hits of 41 g/t and 40 g/t gold, with the combined maiden program now delivering 6 intersections above 40 g/t, 18 above 20 g/t, and 119 above 5...

Top Stories AA2 — Ariana Resources delivers blockbuster Dokwe PFS with post-tax NPV of US$740M and 92% IRR at US$4,250/oz gold Ariana Resources has delivered one of the most compelling junior gold project economics you will see on the ASX. The Pre-Feasibility Study for its 100%-owned Dokwe Gold Project in Zimbabwe returns a post-tax NPV of US$740 million — over A$1 billion — and a staggering 92% I...

Top Stories BTR — Brightstar Resources approves Final Investment Decision for Goldfields Project, commencing construction of 1.5Mtpa Laverton gold plant targeting first gold in Q2 2027 Brightstar Resources has made its Final Investment Decision for the Goldfields Project in Western Australia, executing a $110 million EPC contract with GR Engineering Services to build a 1.5 million tonne per annum...

Top Stories ARU — Arafura Rare Earths secures $350 million institutional placement to fund Nolans construction Arafura Rare Earths has closed its two-tranche A$350 million institutional placement at $0.26 per share, with Hancock Prospecting anchoring the raise with an A$85 million commitment to take a roughly 17.5% post-placement stake. Combined with existing cornerstone investor commitments from...

Top Stories ARU — Arafura launches A$350M placement and A$25M SPP at A$0.26/share to fully fund Nolans Rare Earths Project The day after making its Final Investment Decision, Arafura Rare Earths has launched a two-tranche A$350 million institutional placement at A$0.26 per share to fully fund the equity component of the Nolans Project. Hancock Prospecting is anchoring the raise with an A$85 millio...

Top Stories ARU — Arafura Rare Earths makes Final Investment Decision to build Australia’s first fully integrated ore-to-oxide rare earths project Arafura Rare Earths has made a Final Investment Decision on the Nolans Rare Earths Project in the Northern Territory — a landmark moment for Australia’s critical minerals industry. The project is backed by binding commitments from sovereign-backed insti...

Top Stories EOS — EOS raises A$190M via institutional and strategic placements at A$8.00 per share to fund MARSS acquisition Electro Optic Systems has completed a fully underwritten A$150 million institutional placement and announced an additional A$40 million strategic placement to Abu Dhabi-based defence firm Calidus and another institutional investor — all at A$8.00 per share. The Calidus place...

Top Stories EUR — European Lithium agrees to be acquired by NASDAQ-listed Critical Metals Corp at a 137% premium via scheme of arrangement European Lithium has entered a binding Scheme Implementation Deed with NASDAQ-listed Critical Metals Corp, with EUR shareholders receiving 0.035 CRML shares for each EUR share held — implying A$0.58 per share, a 137% premium to the last unaffected closing price...

Top Stories CEL — Challenger Gold delivers outstanding PFS for Hualilan with US$1.45bn pre-tax NPV and 1.84Moz AuEq production target Challenger Gold’s Pre-Feasibility Study for its 100%-owned Hualilan Gold Project in Argentina delivers a pre-tax NPV of US$1.45 billion, post-tax NPV of US$1.10 billion, and a 14.25-year mine life producing 1.84 million ounces of gold equivalent at an AISC of US$1,6...

Top Stories PEB — Pacific Edge wins proposed Medicare coverage for Cxbladder Triage and Triage Plus — the only urine biomarker tests included Pacific Edge has received the news its shareholders have been waiting for. Medicare contractor Novitas has published a draft Local Coverage Determination proposing to cover urine-based biomarker testing for microhematuria evaluation for the first time — and...

Top Stories MP1 — Megaport secures $254M in AI infrastructure contracts via Latitude.sh across two US tech customers Megaport’s subsidiary Latitude.sh has landed AUD$254 million in total contract value from two US-based AI companies, covering GPU, CPU, network and storage infrastructure — a transformational win for the company. The contracts generate AUD$90.6 million in annual recurring revenue an...

Top Stories ELV — Elevra Lithium raises A$275 million via fully underwritten institutional placement at A$12.20 per share Elevra Lithium has successfully completed the institutional placement component of its A$441 million financing package, raising A$275 million at A$12.20 per share with strong support from both existing and new domestic and global institutional investors. Approximately 22.5 mill...

ELV — Elevra Lithium launches A$441M financing package to fully fund NAL expansion and advance Moblan project Elevra Lithium has announced a transformational financing package of up to A$441 million — one of the largest ASX lithium capital raises in recent memory. The package comprises a fully underwritten A$275 million institutional placement at A$12.20 per share, A$146 million in convertible not...

Top Stories OML — oOh!media receives competing $1.45/share takeover bid from I Squared Capital, topping earlier $1.40 PEP offer oOh!media is now the subject of a bidding war. I Squared Capital has lobbed an unsolicited non-binding indicative offer of A$1.45 per share via scheme of arrangement, topping Pacific Equity Partners’ earlier $1.40 bid from just two weeks ago. The board has unanimously rej...

Top Stories ALX — Atlas Arteria board unanimously rejects IFM’s hostile $4.75 takeover offer as too low and opportunistic The Independent Directors of Atlas Arteria have unanimously recommended security holders reject IFM’s unsolicited off-market takeover offer of A$4.75 per stapled security, calling it materially undervalued and opportunistic. The offer is actually below Atlas Arteria’s last clos...

Top Stories RRL — Regis Resources and Vault Minerals merge to create Australia’s third-largest ASX-listed gold producer targeting 700koz+ annual output Regis Resources and Vault Minerals have agreed to a merger-of-equals via scheme of arrangement, creating Australia’s third-largest ASX-listed gold producer with a pro forma market capitalisation of approximately A$10.7 billion. Vault shareholders r...

Top Stories ENP — Entropy Neurodynamics reports 75% response rate in treatment-resistant IBS Phase 2a trial, far exceeding existing therapies Entropy Neurodynamics announced breakthrough Phase 2a results for TRP-8802, its oral psilocybin candidate, in treatment-resistant IBS patients — achieving a 75% response rate compared to just 17 to 44% for currently approved therapies. The study of 12 patien...

Top Stories GBR — Great Boulder acquires historic Peak Hill Gold Project from Westgold for $25M cash plus 19.9% equity stake Great Boulder Resources has signed a binding agreement to acquire the Peak Hill Gold Project in Western Australia from Westgold Resources, paying $25 million cash and issuing shares representing 19.9% of the company, plus a 1% net smelter royalty. The project hosts a JORC re...

Top Stories KGL — KGL Resources delivers strong economics for Jervois copper project with A$839M post-tax NPV and 30% IRR KGL Resources has released a Baseline Economic Model for its Jervois Copper-Silver-Gold Project in the Northern Territory, confirming a post-tax NPV of A$839 million and a 30% post-tax IRR with construction capex of A$439 million. The project has a 10-year mine life producing 2...

Top Stories CMB — FDA greenlights single pivotal trial pathway for Cambium Bio’s Elate Ocular, cutting costs and accelerating approval timeline Cambium Bio received FDA confirmation that its dry eye disease treatment Elate Ocular only needs a single pivotal Phase 3 trial instead of two — a significant reduction in capital required and time to potential approval. The CAMOMILE-3 trial will enrol 400...

Top Stories QUB — Qube Holdings shareholders to vote on $5.20 per share takeover scheme after court approval and unanimous board recommendation Qube Holdings has received Supreme Court of NSW approval to convene shareholder meetings to vote on a proposed scheme of arrangement under which a consortium comprising MAM, UniSuper and Pontegadea will acquire 100% of Qube shares at $5.20 cash per share....