🔥 Wednesday 3 June 2026 Wed, 3 June 2026

Magnetic Resources NL shareholders overwhelmingly approved Genesis Minerals’ $639 million acquisition scheme, paving the way for final court approval next week.

DXN Limited has landed a landmark A$8.8 million contract to deliver a 1.36MW AI High Performance Computing modular data centre for a US-based neo-cloud operator, marking a significant entry into the global AI HPC market.

Strata Minerals has delivered a standout 94% hit rate in its Phase 2 drilling at the Zelica Gold Project, confirming extensive high-grade gold mineralisation and securing a development partnership to fast-track production.

Sky Metals has secured a crucial regulatory milestone for its Tallebung tin-silver-tungsten project in NSW, moving into the Environmental Impact Statement phase following the issuance of SEARs by the NSW Department of Planning. The company prepares for imminent resource and feasibility updates that could shape the project’s development trajectory.

Lightning Minerals has locked in A$1.85 million through a two-tranche placement to accelerate drilling and exploration at its Mt Turner Gold Project, underpinning its strategic pivot to gold-led growth.

High-Tech Metals has reported exceptional metallurgical test results from its Wagtail Gold Deposit at Mt Fisher, confirming high gold recoveries and processing flexibility that could lower costs and boost throughput.

Caspin Resources has identified a significant new tin mineralised zone, the Errol’s Fault Zone, outside the existing resource at its Kelpie Deposit. Early drilling shows promising grades and thickness, with follow-up work underway to define extensions.

OMG Group's net sales hit approximately $6.2 million on a moving annual total basis, marking a 57% increase year-on-year, driven by ecommerce growth and key international distribution deals.

EQ Resources has secured board approval for a A$39 million expansion at its Mt Carbine tungsten mine, aiming to double crushing capacity and boost annual production by 500 tonnes amid strong tungsten prices.

PhosCo Ltd has unveiled significant drilling success at its Gasaat phosphate project in Tunisia, highlighting a new major discovery at the DOH prospect with substantial phosphate mineralisation and reinforcing Gasaat's emergence as a world-scale resource.

Litchfield Minerals' latest drilling at Oonagalabi reveals broad copper-zinc mineralisation and an unusual nickel-molybdenum-bearing quartz vein, prompting refined geological models and planned advanced geophysical surveys.

CGN Resources has completed its acquisition of the Desdemona Project, expanding its landholding in the Leonora gold district to a commanding 385 km². The deal positions CGN with multiple high-grade targets and significant greenfield exploration potential along a prolific gold corridor.

Ingenia Communities Group (ASX: INA) confirms it is on track to hit the top of its FY26 guidance, underpinned by a strong development pipeline exceeding 8,000 potential land lease lots and resilient holiday operations.

Paterson Resources has nearly tripled the inferred gold resource at its Grace Gold Project to 200,000 ounces, highlighting shallow, high-grade mineralisation and promising metallurgical recoveries that support open cut mining potential.

Acrow Limited’s Industrial Access division is on track to exceed $200 million in revenue for FY26, driven by acquisitions and organic growth, with secured contracts underpinning strong FY27 prospects.

The ACCC has approved Ampol’s acquisition of EG Australia, mandating the sale of 41 overlapping fuel retail sites to Metro Petroleum to maintain competition across 39 local markets.

Ampol's acquisition of EG Australia has gained ACCC approval, conditional on divesting 41 overlapping fuel sites to Metro Petroleum to preserve competition in 39 local markets.

Middle Island Resources has significantly extended the mineralised footprint at its Bobija project in Serbia, revealing broad, near-surface gold, silver, and base metal mineralisation across a 300m by 300m area. Assay results from nine Phase 2 drill holes confirm a large, continuous polymetallic system with further assays pending.

Medallion Metals confirms continuity of high-grade gold mineralisation beneath Lounge Lizard open pit, advancing geological models and targeting a maiden resource estimate by Q3 2026.

Cynata Therapeutics secures a crucial regulatory green light from the EMA’s Paediatric Committee for its CYP-001 treatment in children with acute graft versus host disease, paving the way for sequential adult and paediatric trials in Europe.

Gateway Mining’s initial aircore drilling at Celia South and Great Western Shear Corridor reveals significant high-grade gold mineralisation, confirming a large, underexplored gold system at Yandal. The company plans RC drilling to accelerate resource growth beneath these promising hits.

Biome Australia has inked a binding deal with Specialty Probiotics Australia to shift its Activated Probiotics manufacturing onshore, aiming to boost gross margins above 65% and streamline working capital within 18 months.

Saturn Metals has delivered robust new drilling results at the Titan Lode within its Apollo Hill gold project, expanding the mineralised footprint and confirming Titan as a key shallow mineralised centre. The results set the stage for a resource update later this year.

Superloop Limited upgrades FY26 underlying EBITDA guidance to $118-$122 million, driven by strong trading and the Lightning Broadband acquisition, while launching a bold three-year Supercharge29 strategy targeting sustained growth and shareholder returns.