May 2026

VRX Silica’s updated 2026 Bankable Feasibility Study for Arrowsmith North confirms robust economics with an ungeared NPV8 of A$179.2 million and binding offtake contracts securing nearly 1 million tonnes annually.

Eagers Automotive delivered record $13 billion revenue and underlying EBITDAI of $620.9 million in 2025, boosted by strategic investments in CanadaOne Auto and Mitsubishi Corporation. The company’s 2026 outlook is positive, supported by strong order books and easing supply constraints.

Endeavour Group unveils a refreshed strategy focusing on price leadership in retail, accelerated hotel portfolio investment, and a $300 million cost reduction program to drive long-term shareholder value.

Aurora Labs has formalised a three-year Teaming Agreement with European defence giant MBDA to jointly develop 3D-printed turbojet propulsion for next-generation missile systems, expanding its footprint in key international defence markets.

Aruma Resources has wrapped up Phase 1 diamond drilling at its Tillex Copper-Silver Project in Ontario, delivering critical geological data and setting the stage for a more extensive Phase 2 campaign targeting a substantial copper resource.

Kuniko Limited has wrapped its Phase 1 diamond drilling at the Commonwealth-Silica Hill project in NSW, revealing robust gold, silver, and base metal grades. The company is gearing up for a more expansive Phase 2 drilling campaign starting in July to test extensions and new targets within this prolific polymetallic system.

Tivan Limited’s regional stream sediment sampling at Turiscai reveals highly anomalous copper and gold grades, alongside key pathfinder elements, advancing the project towards maiden drilling.

Euro Manganese has cleared major regulatory hurdles for its Chvaletice Manganese Project, securing construction and land planning permits that significantly reduce project risk and pave the way for production in Europe’s only near-term high-purity manganese source.

Australian Silica Quartz Group (ASQ) has cleared a key regulatory hurdle with DMPE approval for the White Swan Kaolin Project’s Mining Development and Closure Proposal, paving the way for bulk sampling and offtake talks ahead of mining.

Talisman Mining has appointed Todd Ross as CEO, initiating a leadership transition as the company advances drilling programs in NSW. Ross's extensive mining and finance background aims to unlock value across Talisman's exploration portfolio.

Sovereign Metals has verified that its Kasiya project hosts monazite concentrates rich in critical heavy rare earths Dysprosium, Terbium, and Yttrium, with oxide ratios far exceeding global benchmarks. This discovery could add a valuable by-product stream at near-zero incremental cost, enhancing the project’s economics amid growing Western supply chain security concerns.

Northern Star Resources has pulled out of the Egina Gold Project joint venture with Novo Resources, returning all exploration data and leaving Novo to steer the project solo. Novo plans to resume drilling in the second half of 2026 while continuing other Pilbara exploration programs.

Stavely Minerals has made significant progress on its Scoping Study for the Thursday’s Gossan and Cayley Lode copper-gold-silver deposits, capturing a large portion of its 60Mt resource and evaluating multiple processing throughput scenarios.

West Cobar Metals reports promising metallurgical results from its Salazar project, highlighting a potential low-cost scandium production route via atmospheric leaching and bioleaching. The findings reinforce Salazar’s strategic value amid rising global scandium demand and ongoing U.S. critical minerals engagement.

Antares Metals (ASX: AM5) reports exceptional surface gold grades up to 41.7 g/t at its Quinns project in WA, revealing three priority drill targets and fast-tracking maiden drilling plans.

XReality Group (ASX:XRG) posts strong FY26 revenue and ARR growth, marking key milestones with its first commercial MR-1 mixed reality sale to the US Department of Defense and debut European contract with the Swedish Armed Forces.

Encounter Resources inks a non-binding MoU with Echion Technologies and Switch Technologies to develop a lithium-niobium battery industry leveraging its high-grade Aileron niobium resource.

Nufarm Limited posted a 35% rise in underlying net profit after tax to $52.1 million for HY26, driven by margin expansion and cost discipline despite a 5% revenue decline to $1.71 billion. The company confirmed its FY26 outlook, targeting strong earnings growth and leverage reduction.

Web Travel Group (ASX:WEB) reported a standout FY26, driven by its WebBeds B2B platform’s 20% TTV growth and 24% EBITDA increase, while redeeming $250 million convertible notes and releasing its inaugural climate-focused Sustainability Report.

KMD Brands delivered steady sales growth and margin improvement in Q3 FY26, driven by Kathmandu and Rip Curl, while launching a business review to explore options for accelerating shareholder value.

PaySauce has successfully launched its Global Payroll Platform in Australia, targeting nearly 700,000 micro-businesses, supported by a $5 million capital raise and steady growth in its New Zealand operations.

Bremworth's acquisition by Floorscape faces further delay as the New Zealand Commerce Commission extends its clearance deadline to 30 June 2026, pushing the deal close to its expiry date.

5E Advanced Materials has requested suspension of its shares from ASX trading to enable its removal from the official list, marking a significant shift in its market presence.

Element 25 is recalibrating its US battery-grade manganese project amid evolving electric vehicle battery technologies, while maintaining focus on its Butcherbird expansion in Western Australia.