Michael Philipps

A successful drilling campaign at White Cliff Minerals' Reedy South gold project in in Western Australia's proven Cue goldfields has produced

Chariot Corporation has moved quickly to get boots back on the ground at its Black Mountain lithium project in Wyoming, with exploration activities kicking off just one month after phase one drilling finished.

With niobium again rattling the ASX market this week, Lycaon Resources is getting closer to launching its hunt for the lustrous metal in WA’s West Arunta region after scheduling heritage surveys for next month.

Radiopharm Theranostics looks set to fill its coffers with a healthy $18 million following a strategic equity investment and asset transfer deal with leading United States-based radiopharmaceutical company Lantheus Holdings. Lantheus has agreed to make an initial strategic equity investment of $7.5 million in Radiopharm at an offer price of 0.5c per share – a whopping 47 per cent premium to the last closing price.

Xanadu Mines has identified key follow-up targets at its Red Mountain project in Mongolia after returning positive copper and gold results from near-surface in a discovery drill campaign across four prospects.

Mining software provider K2fly's shares hiked 85 per cent today after revelations emerged that the company is set to be taken over by globally-renowned, technology-focused investment firm Accel-KKR. Under the binding scheme implementation deed signed by the two companies, K2fly shareholders will be entitled to receive 19c per share – representing a massive 90 per cent premium on the company's previous closing price of 10c.

In short: Up to 300 jobs could be lost with news lithium giant Albemarle will halt the construction of a third production train.