🔥 Monday 2 March 2026 Mon, 2 Mar 2026

Verbrec Limited reports a strong first half of FY2026, with revenue climbing to $46.1 million and EBITDA more than doubling, driven by the strategic acquisition of Alliance Automation.

Manuka Resources has locked in a US$30 million senior secured loan facility with Nebari to refinance debt and fund production at its Wonawinta and Canbelego mines, positioning itself to capitalise on the current precious metals cycle.

Megado Minerals has secured a five-year option to acquire an 80% stake in the Alpartir Silver-Copper-Antimony Project in Spain, tapping into a historically rich and high-grade vein system with significant exploration potential.

ABx Group’s maiden mixed rare earth carbonate from Tasmania’s Deep Leads resource has been confirmed radiologically safe by ANSTO, with a second, higher-grade sample expected soon. The development could open doors to key international customers and reduce regulatory complexities.

Findi Limited has raised A$25 million through an institutional placement to refinance its Indian subsidiary’s balance sheet, reduce debt, and accelerate its ATM rollout and digital payments growth.

Minbos Resources has locked in a US$16 million debt facility from South Africa’s IDC to fund the next phase of its Cabinda Phosphate Fertilizer Plant construction, marking a key milestone for the project’s development.

Metal Powder Works has partnered with CenterLine to develop Kirksite alloy powders for cold spray automotive tooling, targeting a USD 100-300 million market. This collaboration aims to enhance tooling repair speed and cost-efficiency in the automotive sector.

Patriot Resources has completed the acquisition of the Tassa Silver-Gold Project in Peru, unveiling a maiden inferred resource of 31.4 million ounces silver equivalent at impressive grades. The company plans an aggressive drilling campaign to unlock further growth potential.

The ACCC has advanced its Phase 2 review of Ampol’s proposed acquisition of EG Australia, identifying fewer sites of competition concern but maintaining scrutiny over key metropolitan markets.

BMG Resources has kicked off a significant 10,000-metre drilling campaign at its Abercromby Gold Project in Western Australia, aiming to grow and upgrade its existing 518,000-ounce gold resource. This move supports an upcoming scoping study and advances the project towards near-term production.

Avecho Biotechnology has completed recruitment for the interim analysis cohort of its pivotal Phase III trial for a CBD insomnia treatment, with results expected in June 2026. This milestone could significantly de-risk the program and unlock major market opportunities.

Resolution Minerals has completed the acquisition of the Johnson Creek Tungsten & Antimony Mill and 2,000 tonnes of tungsten ore stockpiles near its Horse Heaven Project in Idaho, positioning itself to fast-track critical mineral production in the US.

Rincon Resources has successfully raised $3.1 million to fund an expanded drilling campaign at its promising Telfer South Gold-Copper Project, following the discovery of a significantly larger mineralised zone at the Hasties Prospect.

Echelon Resources has agreed to sell its 19.99% stake in Cue Energy to Horizon Oil and plans to accept Horizon’s takeover offer for the remaining shares, pending regulatory approvals.

Catalina Resources has reported a significant gold discovery at its Yerilgee Project in Western Australia, intersecting 48 metres at 2.61 grams per tonne from just 15 metres depth. This initial assay confirms a robust mineralised system with a high-grade core, setting the stage for further exploration.

The Star Entertainment Group reports a $110 million statutory loss for H1 FY26 as it undertakes major operational restructuring and seeks refinancing amid challenging market conditions.

Astron Limited has released updated Mineral Resource and Ore Reserve estimates for its Donald Project, highlighting increased production forecasts for critical heavy rare earth elements. The project remains shovel ready, backed by comprehensive feasibility studies and regulatory approvals.

Dreadnought Resources has agreed to acquire 12 tenements adjacent to its Mangaroon project, consolidating a significant rare earth mineralised strike and unlocking new potential for tungsten, copper, and gold in Western Australia.

Red Mountain Mining has reported outstanding high-grade antimony and anomalous gold assay results from its Thompson Falls Antimony Project on the Montana-Idaho border, signalling promising resource potential near the only operating US antimony smelter.

New Age Exploration appoints seasoned geologist Kirby Johnson as CEO and acquires the promising Wallah Silver Project in NSW, complementing positive drilling results at its Wagyu Gold Project in Pilbara.

Syrah Resources has locked in a multi-year conditional offtake agreement with NextSource Materials, underpinning the strategic importance of its Balama graphite in the evolving battery supply chain outside China.

Horizon Oil has made a strategic move to acquire the remaining shares of Cue Energy Resources with an offer valuing Cue shares at approximately 14.3 cents each, representing a notable premium. This bid aims to create a larger, more diversified oil and gas entity with potential annual synergies of up to A$2 million.

Kingfisher Mining has agreed to sell its Gascoyne rare earth elements project to Dreadnought Resources for $2 million in shares plus milestone payments, freeing capital to advance its copper-gold portfolio in New South Wales.

Amplitude Energy and O.G. Energy have locked in a foundational gas sales agreement with EnergyAustralia, committing to supply 30 PJ of gas from the East Coast Supply Project starting in late 2028. This deal marks a significant step toward the project's development amid ongoing negotiations with other buyers.