🔥 Friday 8 May 2026 Fri, 8 May 2026
33 Big Stories
Emmerson Resources to Join Pan African in Court-Backed Scheme Meeting on June 15
Emmerson Resources Limited shareholders will vote on a Court-approved scheme to be acquired by Pan African Resources, exchanging shares for Pan African CDIs and gaining exposure to a larger gold producer.
8 May
Maxwell Dee
Savannah Goldfields Raises $3.5M to Restart Agate Creek Mining and Expand Exploration
Savannah Goldfields has secured $3.5 million through a $1.5 million equity placement at a 31.5% premium and a $2 million tiered royalty sale to fund the Agate Creek mine restart and ongoing operations.
8 May
Maxwell Dee
Brookfield-GIC Consortium Completes $2.80 Per Security Takeover of National Storage
National Storage REIT has been acquired by a Brookfield-GIC consortium, with all stapled securities bought at $2.80 each and key board changes implemented. The company is set to delist from the ASX following the transaction.
8 May
Victor Sage
Australian Mines Confirms US$860M NPV for Flemington Scandium Project
Australian Mines has reaffirmed strong economics for its Flemington Scandium Project, highlighting a robust 28-year mine life and significant leverage to scandium price scenarios.
8 May
Maxwell Dee
WA Kaolin Launches Equity Raise to Cut Debt and Boost Production
WA Kaolin is seeking up to A$34.9 million through a fully underwritten entitlement offer aimed at restructuring its balance sheet, reducing shareholder loans, and funding operational improvements at its Wickepin kaolin project.
8 May
Maxwell Dee
Fluence Advances High-Margin Water Solutions with €164M Ivory Coast Project
Fluence Corporation Limited (ASX: FLC) reports a 52% revenue surge in FY2025 driven by strategic growth in Smart Product Solutions and recurring revenue, alongside progress on a major Ivory Coast water treatment plant.
8 May
Victor Sage
Tanami Gold Launches $70.5M Rights Issue at 34.78% Discount to Fund Central Tanami Project
Tanami Gold NL (ASX:TAM) is raising $70.5 million through a fully underwritten renounceable rights issue priced at $0.06 per share, a 34.78% discount to the last traded price, to finance development of its Central Tanami Project.
8 May
Maxwell Dee
Jindalee Lithium Secures Up to A$11M to Advance McDermitt and US NASDAQ Listing
Jindalee Lithium has locked in a strongly supported A$11 million capital raise through a placement and entitlement offer to fund its McDermitt Lithium Project and the proposed NASDAQ listing of US Elemental Inc.
8 May
Maxwell Dee
Spenda Divests Ledger Platform to Cut Costs by $2.7M and Sharpen Growth Focus
Spenda Limited has sold its Ledger platform to APG Pay for $1.8 million, cutting $2.7 million in annual costs and streamlining operations to concentrate on its core revenue-generating products.
8 May
Sophie Babbage
X2M and Mawson Partner to Launch AI-Enabled Smart Community Solution with Private 5G
X2M Connect has teamed up with Mawson Business Advisory to roll out an integrated AI-driven smart community platform featuring private 5G connectivity, targeting Australia's $6.2 billion retirement village market with long-term contracts.
8 May
Sophie Babbage
Asara Resources Secures $60m to Accelerate Kada Gold Exploration
Asara Resources has raised $60 million through a strongly supported institutional placement to fast-track drilling and development at its flagship Kada Gold Project in Guinea.
8 May
Maxwell Dee
Core Lithium Raises A$67M Equity Tranche to Advance Finniss Project
Core Lithium has completed the second tranche of a A$120 million equity raise, securing A$67 million and shareholder approval for convertible notes, positioning the Finniss Lithium Project for continued development.
8 May
Maxwell Dee
Motio Reports Record Sales and Maiden NPAT With 13% Forward Revenue Growth
Motio Ltd has marked a turning point with its first net profit, record sales activity, and a 13% increase in forward revenue, signaling a shift to scalable growth.
8 May
Elise Vega
Mamba Exploration Extends Meeka East Gold Strike Beyond 20km with Government Drilling Support
Mamba Exploration has identified over 20km of gold mineralisation strike at its Meeka East Gold Project, extending the Mulga Bill trend and unveiling new anomalies. The company secured up to $90,000 in co-funding from the WA Government’s Exploration Incentive Scheme to advance drilling plans.
8 May
Maxwell Dee
Canyon Raises Camrail Stake to 26.9% Ahead of First Minim Martap Shipment
Canyon Resources boosts its control over Cameroon's key rail and port infrastructure with a significant stake increase in Camrail and a strategic investment in the Port of Douala, setting the stage for the Minim Martap bauxite project’s first shipment in late Q3 2026.
8 May
Maxwell Dee
Aquirian Raises $8 Million to Fuel $48 Million Lord Byron Contract Expansion
Aquirian Limited has secured $8 million through a strongly supported placement to accelerate growth of its Drillforce business and support a major $48 million contract at the Lord Byron mine.
8 May
Victor Sage
SKS Technologies Secures $22M Retail HQ Contract as Order Book Hits $355M
SKS Technologies has landed a $22 million contract to deliver integrated electrical systems for a major retailer's new Melbourne headquarters, pushing its order book to $355 million amid a booming project pipeline.
8 May
Sophie Babbage
Chatham Rock and Wetstone Finalise $300K Financing Deal with 30% Equity Stake
Chatham Rock Phosphate has secured a definitive financing agreement with Wetstone Global that doubles an existing loan to USD 300,000 and converts it into a 30% equity stake, granting Wetstone majority board control and potential for up to 70% ownership upon project milestones.
8 May
Maxwell Dee
Pengana International Equities Proposes Equal-Access Buy-Back and Shifts to Antipodes Management
Pengana International Equities (ASX:PIA) unveils a comprehensive capital management plan offering shareholders an equal-access off-market buy-back at after-tax NTA, a fully franked special dividend, and appoints Antipodes Global Investment Management to steer its portfolio.
8 May
Claire Turing
Senetas Expands Global Reach with New Sales and Menlo Stake Growth
Senetas Corporation reports robust FY2026 progress, completing key Middle East and South American sales while its Menlo Security investment continues to appreciate. The company anticipates revenue growth driven by sovereign encryption demand and new market opportunities.
8 May
Sophie Babbage
ADX Energy Deepens HOCH-1 Well, Finds Additional Gas Intervals in Upper Austria
ADX Energy’s HOCH-1 well has been deepened to 1619 metres, revealing six new thin gas sand intervals below the primary Hall Formation target. Wireline logging scheduled for 8 May will verify reservoir quality and gas saturation, with production testing to follow if results confirm the discovery’s potential.
8 May
Maxwell Dee
Norwest Minerals Advances Bulgera Heap Leach Study with High Gold Recoveries
Norwest Minerals reports strong metallurgical results from Bulgera, with gold recoveries up to 92% on coarse crushed samples, supporting a low-cost heap leach development pathway.
8 May
Maxwell Dee
Macquarie Bank Reports 74% Profit Surge to AUD 6 Billion, Driven by BFS and CGM Growth
Macquarie Bank Limited has posted a robust FY2026 result, with net profit attributable to ordinary equity holders soaring 74% to AUD 6.011 billion, underpinned by strong performances in its Banking and Financial Services and Commodities and Global Markets divisions.
8 May
Claire Turing
Macquarie Group’s 30% Profit Surge to A$4.85bn Highlights AI and Climate Push
Macquarie Group (ASX: MQG) reported a 30% jump in FY2026 net profit to A$4.85 billion, driven by growth across all divisions and bolstered by strategic investments in AI and sustainability. The board declared a total dividend of A$7 per share and maintained a strong capital position amid ongoing regulatory remediation.
8 May
Claire Turing