🔥 Wednesday 24 June 2026 Wed, 24 June 2026

Li-FT Power Ltd. has obtained a binding call option to acquire the Renard diamond mine site or its owning companies, aiming to repurpose its processing infrastructure for lithium production. The deal hinges on Canadian court approval and involves a significant option fee and care commitments.

The Supreme Court of New South Wales has approved the scheme of arrangement for SDI Limited’s acquisition by Beijing Guoci’s subsidiary, paving the way for a cash payout and ASX suspension.

Comet Ridge has locked in $40 million through a two-tranche placement and plans a $5 million share purchase plan to fund full ownership and development of its Mahalo Gas Project.

Polymetals Resources has confirmed that substantial high-grade mineralisation remains intact near a previously assumed collapse zone at the Endeavor Mine, with initial drilling results exceeding expectations.

Patriot Resources has independently confirmed the reliability of historical assay data at its Tassa Silver-Gold Project in Peru, reinforcing confidence in its 31.4Moz inferred resource and clearing regulatory hurdles ahead of a maiden drill campaign.

Evergold Minerals has reported its widest gold intercept to date at the Duchess of York Prospect, revealing broad mineralisation zones extending deeper than previous drilling. With only a fraction of assays returned, the company is fast-tracking further drilling and deploying drone surveys to refine targets at its Mt Monger Gold Project.

American West Metals is finalising its Pre-Feasibility Study for the Storm Copper Project in Nunavut, advancing permitting and exploration along a 110km copper belt, backed by secured development funding.

Resources & Energy Group (ASX:REZ) has reported significant gold intercepts from its February 2026 drilling at East Menzies, validating extensions beyond the current Goodenough resource and setting the stage for an updated mineral resource estimate.

Somerset Minerals (ASX:SMM) has raised $2 million through a placement and plans a $1.2 million entitlement offer to fund a maiden reverse circulation drill campaign at its Talisker copper target in Nunavut, Canada, starting July 2026.

Kingston Resources has boosted the Southern Ore Zone (SOZ) Mineral Resource at Mineral Hill by 50%, expanding the mining inventory and underpinning plans for reserve growth and plant expansion.

Nickel Industries is investing US$169 million for a 17.5% stake in the PT Teluk Metal Industry HPAL project, aiming for production by September 2027 and leveraging its exclusive ore supply from Sampala.

European Metals Holdings reveals lithium chemical plant design improvements at Cinovec that could slash reagent and power costs by over US$54 million annually, potentially boosting the project’s pre-tax NPV beyond US$1.455 billion.

EV Resources has validated a flotation-led processing route at its Tecomatlán Plant, achieving 81.1% antimony recovery and concentrate grades up to 62.9% Sb, enabling a low-CAPEX upgrade and a compressed production timeline.

Aurelia Metals has completed financial close on a A$150 million senior secured financing package, enhancing liquidity and releasing A$46 million of restricted cash.

Rumble Resources has boosted its Western Queen gold mineral resource to 433,600 ounces, including a 54% jump in Indicated Resources and a fresh high-grade zone of 52,500 ounces at 11.3 g/t gold. The upgrade follows extensive drilling and will feed into a September Bankable Feasibility Study, keeping production on track for 2027.

Tasmea Limited is set to acquire JPS Group for up to A$75 million, securing a foothold in Australia’s growing LNG and energy infrastructure sectors with a Tier-1 client base and a unique tech-enabled isolation technology.

The Calmer Co. has won Coles' approval for its innovative Fiji Kava® FZZR™ product, extending its Australian supermarket reach while gearing up for a broader U.S. retail rollout supported by a key brokerage partnership.

Atomic Eagle Limited has obtained crucial environmental and social approvals for its Muntanga Uranium Project in Zambia, significantly reducing permitting risk and positioning the project as development-ready while maintaining focus on resource expansion.

Benz Mining has unveiled a maiden Exploration Target for its Glenburgh Gold Project, estimating up to 12 million ounces of gold largely defined by drilling. The project’s scale and geological setting support ambitions for a world-class gold system, with aggressive drilling planned to convert the target into a Mineral Resource by 2027.

Matrix Composites & Engineering has landed a significant A$34 million subsea buoyancy contract, boosting its FY27 workload as it navigates a major acquisition proposal.

Adavale Resources has reported assay results from 13 additional drillholes at its London-Victoria gold mine, confirming and expanding gold mineralisation beneath the historic open pit. The ongoing drilling program supports a larger mineralised system along the Parkes Thrust corridor, with promising metallurgical testwork and a planned resource update.

Sprintex has landed a three-year exclusive distribution agreement in Taiwan with Shing Yu, including a paid trial at TSMC’s wastewater facilities aiming to cut energy use by half.

Lefroy Exploration’s metallurgical tests reveal up to 97% gold recovery from its Burns High-Grade Deposit, underpinning plans for a resource update by September 2026.

Azzuro Resources has completed its first phase of drilling at the Red Hill Copper-Gold VMS Project in Mongolia, confirming continuity of a substantial massive sulphide system and identifying a high-grade copper interval. Assays are pending as geophysical surveys prepare to refine targeting.