🔥 Tuesday 2 June 2026 Tue, 2 June 2026
38 Big Stories
Supreme Court Greenlights Nova Minerals US Holdco Schemes with ASX Delisting Set
Nova Minerals has secured New South Wales Supreme Court approval for its schemes of arrangement, paving the way for its US holding company to take control and triggering ASX delisting and NYSE admission.
2 June
Maxwell Dee
Lode Resources Uncovers New Silver-Zinc Lode at Montezuma, Boosting Resource Upside
Lode Resources has discovered a new silver-zinc replacement mineralisation system adjacent to its existing Montezuma silver-antimony resource in Tasmania, opening a fresh exploration front with potential to significantly expand its 8.2Moz AgEq resource base.
2 June
Maxwell Dee
AFG Launches $15 Million Buyback to Capitalise on Market Volatility
Australian Finance Group (ASX:AFG) has kicked off a $15 million on-market share buyback, aiming to return capital to shareholders while maintaining strategic flexibility amid recent share price softness.
2 June
Claire Turing
Vitrafy Partners with Vitalant to Fill Red Blood Cell Cryopreservation Void
Vitrafy Life Sciences has teamed up with Vitalant Innovation Center to tackle the impending gap in red blood cell cryopreservation technology in the US, aiming to replace soon-to-be-discontinued legacy methods and potentially expand into other blood products.
2 June
Ada Torres
Dalaroo Metals Defines 4.3km Gold Anomaly at Gold Ridge Ahead of Drilling
Dalaroo Metals has pinpointed a continuous 4.3km gold-in-soil anomaly at its Gold Ridge Prospect in Côte d'Ivoire, aligning with a major 9km geophysical corridor and artisanal workings. A 5,000m auger drilling program is set to test the bedrock source ahead of maiden RC drilling.
2 June
Maxwell Dee
DroneShield Secures $24.9m US Defense Contract for Counter-Drone Systems
DroneShield has landed a $24.9 million contract with the US Department of War’s Joint Interagency Task Force 401 to supply mobile and fixed counter-drone solutions, reinforcing its foothold in the US defence market.
2 June
Maxwell Dee
Botala Energy Confirms Thicker, High-Quality Coal Seams at Serowe CBM Project
Botala Energy’s Pitse Pilot well 3.5B reveals 30% thicker and cleaner coal seams than expected, reinforcing the project's reservoir continuity and commercial gas production potential in Botswana.
2 June
Maxwell Dee
Hawk Resources Confirms High-Grade Near Surface Copper at Utah Cactus Corridor
Lab assays from Hawk Resources’ drill hole DD26CT003 reveal substantial near surface copper mineralisation in Utah, with high-grade zones and a broad mineralised envelope. Drilling is set to resume in Q3 2026 to further define the corridor’s potential.
2 June
Maxwell Dee
EV Resources Secures Over Half Feedstock Capacity for Tecomatlán Plant
EV Resources has locked in agreements covering more than 50% of its Tecomatlán Processing Plant's feedstock capacity through four non-binding MOUs, advancing its path to near-term antimony production amid global supply tightness.
2 June
Maxwell Dee
Challenger Gold Marks Production Milestone with Maiden Pour at Hualilán
Challenger Gold has poured its first gold bar from the Hualilán project in Argentina, initiating a production ramp-up under a toll milling agreement that secures processing capacity for three years.
2 June
Maxwell Dee
Imagion Biosystems Clears FDA Hurdle to Launch Phase 1b/2 Breast Cancer Imaging Trial
Imagion Biosystems has secured FDA clearance to proceed with its Phase 1b/2 trial of the MagSense® HER2 Imaging Agent, targeting improved detection of HER2+ breast cancer. Patient recruitment is expected to start in Q3 2026, marking a crucial step toward commercialisation.
2 June
Ada Torres
Stakk Boosts Annualised Revenue Run Rate to A$26 Million with New US Healthcare Client
Stakk Ltd has secured a significant U.S. healthcare technology contract, pushing its annualised revenue run rate to approximately A$26 million. The deal highlights accelerating adoption of its AI-native Digital Trust platform across regulated industries.
2 June
Sophie Babbage
True North Copper’s 2026 Drilling Boosts Cloncurry Resource Growth Prospects
True North Copper (ASX:TNC) has unveiled promising assay results from its 2026 reverse circulation drilling at the Great Australia Mine, highlighting new shallow copper-gold intersections that could expand its Cloncurry Copper Project resource base and enhance mine planning options.
2 June
Maxwell Dee
White Cliff Minerals Expands Danvers Copper System Beyond 1.8km Strike with High-Grade Intercepts
White Cliff Minerals has extended its Danvers copper mineralisation footprint to over 1.8km strike, revealing multiple thick, high-grade zones including bornite-rich sulphides along new fault contacts.
2 June
Maxwell Dee
$5M Placement Fuels Yugo Metals’ Balkan Drilling Push
Yugo Metals has secured a $5 million oversubscribed placement to ramp up drilling across its gold, nickel-cobalt, and base metals projects in the Balkans, positioning the company for significant exploration milestones over the next 18 months.
2 June
Maxwell Dee
St George Restructures Lithium Star JV with ATL Taking Strategic Shareholding and Araxá Exposure
St George Mining has restructured its Lithium Star joint venture, with battery giant Amperex Technology Limited exchanging its 10% JV stake for a 12.5 million shareholding in St George at a 36% premium. This move consolidates lithium exploration under St George while giving ATL exposure to the Araxá niobium-rare earths project and offtake rights on future lithium production.
2 June
Maxwell Dee
TPG Telecom Confirms FY26 Guidance with Strong Mobile Growth and $100m Cost Savings Target
TPG Telecom’s 2026 Investor Day reaffirmed FY26 EBITDA guidance and outlined a medium-term plan focused on mobile revenue growth, digital transformation, and cost efficiency, supported by a robust balance sheet ahead of spectrum licence renewals.
2 June
Sophie Babbage
4DMedical Targets $3B US Pulmonary Embolism Market with New CLEAR Program
4DMedical launches the CLEAR clinical evidence program to accelerate adoption of its CT:VQ™ imaging technology in the US acute pulmonary embolism market, aiming to expand its addressable market to US$3 billion.
2 June
Ada Torres
Tasmea Expands National Footprint with A$254 Million Maxim Group Acquisition
Tasmea Limited is set to acquire Maxim Group for up to A$254 million, bolstering its presence in Victoria and accelerating exposure to high-growth sectors like Data Centres, BESS, and Infrastructure. The deal promises immediate EPS accretion of around 31% and positions Tasmea as one of the largest electrical contractors on the ASX.
2 June
Victor Sage
QuickFee Accelerates Australian Growth, Upsizes Credit Facility, Eyes US Expansion
QuickFee Limited has reported a robust 77% increase in Australian originations for Q4 FY26 to-date, driven by strong Fee Funding and Disbursement Funding growth. The company boosted its Australian credit facility by A$15 million, signalling confidence in its low-risk lending model, while US operations focus on reseller channel expansion amid a product embedding delay.
2 June
Claire Turing
Carnaby Strikes New High-Grade Miniboom Lode at Mount Hope Central
Carnaby Resources has uncovered a significant new shallow mineralised shoot, the Miniboom Lode, at its Mount Hope Central site within the Greater Duchess Project, delivering a standout 232m at 1.3% copper equivalent from surface.
2 June
Maxwell Dee
Aurora Labs Secures $2 Million to Scale Defence Propulsion Production
Aurora Labs has landed a $1 million Australian Government grant, matched dollar-for-dollar, to boost production of its micro gas turbine propulsion systems for defence applications using commercial 3D printing technology.
2 June
Victor Sage
Black Bear Advances Shafter Restart with Ausenco and Eyes EFA Financing
Black Bear Minerals has engaged Ausenco for detailed restart studies at its Shafter Silver Project, while securing a non-binding financing support letter from Export Finance Australia to explore funding pathways aligned with U.S.-Australia critical minerals priorities.
2 June
Maxwell Dee
Tarrina Resources Sharpens Walparuta IOCG Targets with New IP Survey
Tarrina Resources has identified five high-confidence sulphide chargeability anomalies at its Walparuta IOCG Project, including a large, untested target that aligns with magnetic and gravity data. Historic drilling validates the geophysical model, setting the stage for imminent drill testing.
2 June
Maxwell Dee