November 2026

Macro Metals has signed a binding agreement to sell its Agbaja Iron Ore Project in Nigeria for US$5.67 million, with completion scheduled for 7 December. The deal could leave the company with approximately A$7.7 million in cash and a sharper focus on Western Australian mining services and resource development.

Lotus Resources has dispatched its first uranium ore concentrate shipment from Kayelekera, moving four containers carrying approximately 145,000 pounds of U3O8 towards Walvis Bay. Delivery to Orano CE Malvesi in France is expected by the end of 2026, with further shipments planned before year-end.

Jacaranda Natural Resources has identified a 50-metre copper trend at its Motloutse Project in Botswana, with 12 of 23 selective rock-chip samples returning more than 1% copper. The ASX-listed explorer now plans maiden drilling between December 2026 and February 2027, subject to approvals and completion of work at its Globe Project.

Orthocell has recorded its strongest month of US Remplir sales since launch, with 92 units generating A$279,000 in October. The result points to improving surgeon adoption and hospital access, although one month of sales does not yet establish a durable run rate or profitability.

INOVIQ has secured a validation agreement with Sonic Healthcare USA for its EXO-OC ovarian cancer test, opening a potential route into the US laboratory-developed test market. The commercial opportunity remains conditional: Sonic has not committed to a licence, and validation is expected to run for 12 to 18 months.

Alpha HPA has begun the process of drawing down a $160 million government-backed debt commitment to fund its Stage 2 HPA First Project. Actual disbursements remain conditional, with the company targeting the start of monthly funding in the March quarter of 2027.

Latrobe Magnesium has lifted commissioning progress at its Victorian Phase 1B plant to 50%, with installation now 98% complete. The company continues to target first magnesium metal crowns exceeding 98% purity by the end of 2026, while remaining within its A$6.1 million project budget.

Pioneer Credit has completed a $14.4 million purchase of a debt portfolio with a $206 million face value under a new three-year agreement with one of Australia’s major banks. The deal expands its institutional pipeline, but does not guarantee further acquisitions and will not generate cash collections before February 2027.

Medallion Metals says final infill drilling at Gem has confirmed the high-grade lode geometry underpinning the first year of underground mining at Ravensthorpe. Development remains on schedule, while commissioning at Forrestania moves the company closer to first gold production.

Elixir Energy has reported materially stronger interim flow performance from Lorelle-3H after a 60-day soak, but a sand, scale and coal obstruction has interrupted the test. The company also received a $12.1 million R&D refund and repaid its debt facility, leaving a net cash inflow of $1.77 million.

Chalice Mining has made a shallow copper-gold discovery at Kestrel in the Northern Territory, with first-pass drilling returning 27 metres at 4.83g/t gold and 0.42% copper. The result is promising but early-stage, with true widths unknown, eight assays pending and the headline gold interval heavily influenced by a single sample.

Invictus Energy has completed the formal gazettal of its petroleum production sharing agreement for Zimbabwe’s Cabora Bassa Project, strengthening the legal and commercial framework around the Mukuyu gas-condensate discovery. The milestone comes as the company prepares for its next exploration test at Musuma-1.

AVID Property Group has matched Warburg Pincus’s latest $5.45-per-security proposal for Ingenia, with the potential total value reaching $5.50 including a permitted distribution. Ingenia’s board has ended Warburg’s due diligence access but continues to progress its proposed Peet acquisition and has not recommended AVID’s non-binding approach.

St Barbara has stacked three material updates into one day: Touquoy is cleared to restart processing, Nova Scotia resources have risen to 3.02 million ounces, and the board has approved a buyback of up to 100 million shares. The catch is a new federal impact assessment for the proposed 15-Mile processing hub, adding uncertainty to the company’s mid-2028 construction target.

Fortuna Metals has reported multiple broad, high-grade rutile intersections beneath the current resource boundary at its Kahuna prospect in Malawi. The results leave mineralisation open along strike and at depth, with more than 2,700 samples still being processed.

Emperor Energy has converted its rig arrangement into a binding full form contract, securing Valaris 107 for the Judith-2 appraisal well offshore Victoria in April 2027. The milestone reduces one immediate execution risk, but leaves further payments and the drilling outcome ahead.

Evion Group has secured an option to earn up to 75% of non-reserved minerals across the Blue Nose property in Nevada, expanding its potential fluorspar footprint around Carp. The opportunity comes with 63 historical drill holes whose stored samples have never been assayed for fluorine, but the transaction remains subject to due diligence and other conditions.

Solstice Minerals has returned its strongest shallow copper-gold result yet at Nanadie, led by 10 metres at 9.40% copper, 2.13g/t gold and 23.4g/t silver. The result sits within a broader mineralised zone that could influence the next resource estimate, although metallurgy, continuity and true widths remain unresolved.

Percheron Therapeutics has received a US FDA Safe to Proceed letter for Vanderbilt Health to begin an investigator-sponsored trial of HMBD-002 in combination with venetoclax and azacitidine. The early-stage study will target up to 20 patients with relapsed or refractory AML or AML with MDS.

Regis Resources has extended gold mineralisation beyond existing reserves at Garden Well and identified fresh-rock mineralisation beneath the largely regolith-hosted Moolart Well deposit. Strong intersections at Beamish South are now feeding a Mineral Resource update and potential Ore Reserve assessment.

LE Minerals finished FY2026 with a $48.17 million statutory profit, but the result was dominated by a one-off $58.14 million gain from selling its Solaroz lithium project interest. The company now has a substantial cash buffer to fund Queensland and Utah exploration while it seeks approval for a conditional $20 million graphite sale and spin-out.

ResMed has delivered a stronger first quarter for fiscal 2027, with revenue up 6% to US$1.415 billion and net income rising 20% to US$418 million. The headline result was helped by a preliminary gain on the MatrixCare sale, while the core Sleep and Breathing Health business continued to expand.

Macmahon has completed its A$75 million acquisition of Aspect Engineering Solutions after the ACCC confirmed the transaction did not require notification. The mining services group expects the deal to be underlying EPS accretive from inception, before synergies, as it builds an engineering and minerals processing platform.

Nodestream has completed its $6.5 million placement, launched Missions and expanded its defence push across the US and Europe. But revenue remains under pressure, quarterly cash burn is substantial and auditors have warned of material uncertainty over the company’s ability to continue as a going concern.