🔥 Tuesday 20 January 2026 Tue, 20 Jan 2026

Mayfield Childcare Limited’s board has issued a Target’s Statement recommending shareholders reject Embark Early Education’s unsolicited takeover offer, citing undervaluation and significant risks. The offer, which includes a scrip or cash option, is seen as opportunistically timed amid Mayfield’s operational turnaround.

Telix Pharmaceuticals has met its upgraded FY 2025 revenue guidance with US$804 million, driven by strong growth in its Precision Medicine segment and the successful US launch of Gozellix. The company also advanced multiple clinical trials and announced a strategic collaboration with Varian to combine radiopharmaceuticals with radiation therapy.

Group 6 Metals has delivered a standout quarter with record tungsten production and sales, significantly reducing debt while advancing underground mining plans at its Dolphin Mine.

EcoGraf’s maiden exploration in Tanzania delivers promising high-grade gold results, including a standout 4.45 g/t sample at Hazina, while a strategic farm-in with AngloGold Ashanti begins on the Golden Eagle project.

West Wits Mining has raised A$27.5 million through a firm equity placement, fully funding its Qala Shallows gold project to first production targeted for March 2026, while also advancing uranium exploration.

Fulcrum Lithium has secured permits for an extensive Phase 3 drilling program at its Alkali Flats project in Nevada, aiming to expand and refine its lithium resource amid a robust market rally.

PhosCo Ltd reports significant progress at its Gasaat Phosphate Project in Tunisia, backed by a €1 million EBRD grant and promising drilling outcomes at KM and SAB deposits. The company is well positioned amid rising global phosphate demand and tightening supply.

Venari Minerals has completed a successful drilling campaign at its Red Mountain Lithium Project, with assay results confirming significant lithium mineralisation and advancing towards a maiden resource estimate. The company also secured critical water rights, enhancing project development prospects.

Mithril Silver and Gold Limited reports significant high-grade gold and silver drill results at Target 1 in Mexico’s Copalquin district, setting the stage for an imminent resource estimate update and an aggressive 2026 exploration campaign.

Western Yilgarn NL has secured new land access agreements at its West Julimar Bauxite Project, opening up extensive lateritic bauxite areas for exploration and potential resource growth beyond its current 104.8 million tonne inventory.

Nanoveu Limited has raised A$7.5 million through a strategic placement to accelerate the commercial rollout of its cutting-edge EMASS ECS-DoT semiconductor technology, including a rapid 16nm chip tape-out and live drone validation.

Blue Star Helium has achieved its first helium production at the Galactica Project, marking a key milestone as it optimizes plant operations and prepares for commercial ramp-up.

Critica Limited has launched a pivotal Scoping Study for its Jupiter Rare Earth Project in Western Australia, appointing Sedgman to define a capital-efficient development pathway. This marks a strategic shift from technical validation to structured economic assessment.

Cazaly Resources has met its initial $1 million farm-in milestone at the Goongarrie Gold Project, earning a 25% interest after identifying continuous gold mineralisation over a 1.3-kilometre strike. The company plans further drilling to expand its stake and explore high-grade targets.

Atomo Diagnostics has locked in exclusive global rights to a novel liver function test that rapidly detects liver injury, expanding its footprint in point-of-care diagnostics. The test, delivered on Atomo’s Pascal platform, targets drug-induced liver injury and chronic liver conditions with significant commercial potential.

Cygnus Metals has identified two promising gold prospects within its Chibougamau Project in Quebec, with plans for drilling to expand its resource base and resume work at Golden Eye.

29Metals Limited has announced a fully underwritten $150 million entitlement offer to bolster liquidity, address operational disruptions at Golden Grove, and accelerate development projects including the Gossan Valley and Capricorn Copper restart.

29Metals has announced a $150 million fully underwritten equity raising at a significant discount to support recovery from seismic disruptions at Xantho Extended and to advance key growth projects.

ABx Group has extended its rare earth discovery in northern Tasmania with new scout drilling revealing high-grade mineralisation rich in critical heavy rare earths. Positioned near surface and aligned with Australia’s Critical Minerals Strategic Reserve, ABx’s findings could reshape supply chains for these vital elements.

29Metals reported a strong December quarter with increased copper and zinc production at Golden Grove, cost efficiencies, and steady progress on key projects, while Capricorn Copper remains suspended pending regulatory approvals.

Lithium Universe has launched the engineering phase for a modular photovoltaic panel recycling plant that integrates cutting-edge technologies to recover high-purity silver, responding to soaring silver prices and rising demand from electric vehicles.

South Harz Potash has identified a new copper-gold mineralised zone at its Glava Project in Sweden, highlighted by impressive assays including 9.88g/t gold and 2.88% copper, alongside significant rare earth element mineralisation. The findings validate historical data and set the stage for a maiden drill program planned for mid-2026.

EV Resources has commenced a fully funded maiden diamond drilling program at its Los Lirios Antimony Project in Mexico, aiming to define a maiden JORC resource by Q3 2026 and accelerate towards production.

TG Metals Limited has announced a significant 550-metre extension to the Van Uden gold deposit in Western Australia, highlighted by high-grade drill results that could materially increase the existing resource.