🔥 Monday 21 September 2026 Mon, 21 Sept 2026

Telix will acquire ITM in a proposed US$1.65 billion deal that combines a commercial radioisotope supplier with Telix’s precision medicine and therapeutic pipeline. The transaction could give Telix greater supply-chain control and entry into a validated cancer treatment market, but it also brings dilution, integration risk and an unresolved FDA pathway for ITM-11.

Bellevue Gold will spend A$25-30 million on FY27 exploration after its Mineral Resource and Ore Reserve declined year on year, while a slower Barminco ramp-up is expected to cut September-quarter production by 3,000-4,000 ounces. High-grade Deacon North drilling and deeper targets offer a possible longer-term counterweight.

Catalyst Metals has converted the Cinnamon underground discovery into a maiden 232koz Ore Reserve, supporting a 7.5-year mine plan at the Plutonic Gold Belt. The deposit’s total Resource has grown 370% to 541koz, although part of the production target still relies on Inferred material.

AuKing Mining has reported a 50-metre interval grading 2.03% TREO from surface at its Tundulu rare earths project in Malawi. The result, from drilling about 400 metres west of earlier holes, supports a broader near-surface mineralised footprint but remains exploration-stage evidence.

Coda Minerals has reported average copper and silver extraction of 94.4% and 95.9% respectively from representative Emmie Bluff samples, strengthening the case for its preferred whole-ore chloride leach process. The preliminary laboratory results also suggest Elizabeth Creek site water is suitable for processing, although cobalt recovery, plant-scale performance and capital requirements remain unresolved.

Vulcan Energy has started commercial-scale production in Germany of VULSORB, the proprietary adsorbent at the centre of its planned direct lithium extraction process. The material will supply first-fill volumes for Project Lionheart, although lithium production remains targeted for the second half of 2028.

New assays from Sinclair Gold’s Mt Henry project extend mineralisation beyond the current 1.8Moz resource at both Mt Henry and Selene. Five rigs are continuing step-out drilling, with 33 holes outside the resource footprint still awaiting assays.

Mamba Exploration has confirmed 165 historical copper intersections across a 3km corridor at its 70%-owned Meeka East project, supporting a new felsic volcanic exploration model. The company plans further mapping, geophysics and drilling, although the historical data is not sufficient to define a mineral resource.

Ramelius Resources has lifted its FY30 production outlook to as much as 610,000 ounces while committing up to A$570 million of growth capital in FY27. The plan puts a larger Mt Magnet processing hub at the centre of the company’s expansion, but also raises the execution and cost stakes.

Antipa Minerals has extended gold-copper-lead-silver mineralisation across 2.2km at Tim’s Dome, sharpening focus on a large untested electromagnetic conductor. Surface diamond drilling is now underway on the 1.2km target, which remains unproven despite encouraging surrounding assays.

Ingenia Communities has rejected Warburg Pincus’s revised $5.05 per stapled security proposal, saying the offer substantially undervalues the group. The board remains open to a higher-value approach, leaving the takeover discussion unresolved.

Galilee Energy has shifted the Zydeco-1 sidetrack from its original gas-condensate focus to five shallow oil zones carrying up to 422.6 thousand barrels of gross unrisked Prospective Resources. The A$3.5 million placement is expected to fund the revised oil testing and potential production design.

BPM Minerals has begun its first-ever drilling at the 6km Bonnie and Clyde gold-in-soil anomaly in Western Australia, launching a 10,000-metre campaign targeting possible Tropicana-style mineralisation. The exploration upside remains untested, with assays from Bonnie and Clyde and Beachcomber expected from late 2026 into early 2027.

American Tungsten & Antimony has produced antimony ingot from Arizona-mined material at its Nevada refinery, providing the first physical demonstration of its proposed US mine-to-metal chain. The milestone creates samples for testing and customer qualification, but the underlying asset acquisition remains incomplete and product quality is yet to be disclosed.

Broken Hill Gold has lifted the Vertigo deposit’s Indicated oxide resource by 160% and increased White Dam’s global resource to 118,496 ounces. The company is now testing whether shallow material can support a heap-leach restart while drilling deeper gold-copper sulphide potential.

Gibb River Diamonds reported a A$5.61 million profit after receiving a A$7 million pre-GST distribution from its Neta gold joint venture. The cash windfall leaves the explorer with A$6.74 million in the bank, but its next challenge is converting a one-off mining payment into a credible development pipeline.

Lycopodium has secured a A$49.4 million EPCM contract to lead the preproduction delivery phase of Greatland Resources’ Havieron gold-copper project in Western Australia. Work has already begun under a limited notice of award issued in June.