🔥 Monday 19 October 2026 Mon, 19 Oct 2026

Arena REIT has raised its FY2027 distribution guidance to 19.0-20.2 cents per security as rent collection and replacement operator arrangements improve across its troubled Edge portfolio. The upgrade remains partly dependent on transactions, lease assignments and approvals being completed.

Nordic Resources has agreed to acquire its fourth gold project in Finland’s Middle Ostrobothnia Gold Belt, where historical rock-chip samples returned up to 43.7g/t gold. The early-stage Jukulainen project has attractive surface results, but no drilling has yet tested the mineralisation’s depth, thickness or continuity.

WA1 Resources has reported broad, high-grade niobium intersections from infill drilling at the eastern zone of its Luni Project, with 41 further assays still pending. The results are intended to support a Q1 CY2027 resource update targeting an initial Measured Resource, while the Pre-Feasibility Study remains on track for completion this quarter.

Mitchell Services delivered a sharp earnings acceleration in FY27’s opening quarter, helped by stronger rig utilisation, higher revenue per shift and a $3.4 million insurance benefit. Ten additional underground rig contracts provide a potential route to 80 operating rigs, although higher capital spending and softer cash conversion temper the picture.

Reliance Worldwide Corporation’s go-shop period has ended without an alternative proposal, leaving Brookfield’s US$3.38-per-share takeover as the only deal before shareholders. The board has reaffirmed its unanimous recommendation, but the scheme still requires shareholder, Court, regulatory and expert approval.

Hot Chili has confirmed a second porphyry centre south of its La Verde copper-gold discovery in Chile, with RC drilling returning a broad, shallow copper intersection. A deeper diamond hole shows extensive sulphide mineralisation visually, but laboratory assays are still required before the scale can be properly assessed.

BPM Minerals has completed 9,060 metres of a record Forelands drilling campaign, with post-quarter assays returning its best Beachcomber result to date. The company is now advancing maiden drilling at Bonnie & Clyde while working towards a maiden resource estimate targeted for the first half of 2027.

Barkly Rare Earths has added 13 significant rare earth intercepts from 16 holes at its Northern Territory project, extending confirmed mineralisation across 23km. The results strengthen the case for a larger resource, although the next test is whether pending assays translate that continuity into a materially bigger estimate.

Monadelphous Group Limited (ASX:MND) enters FY27 with record FY26 revenue of $2.98 billion, a 52.1% profit increase and more than $680 million of new contracts secured since year-end. The engineering services group is also carrying a disputed claim worth about $200 million and a sizeable exposure to fossil-fuel markets.

TAL Daiichi Life Australia has tabled a conditional $11.80-per-share proposal to acquire the 79.5% of Challenger it does not already own. The approach arrives as Challenger reports a 52% jump in first-quarter sales, but remains non-binding and subject to due diligence, regulatory approval and a board recommendation.

Pacific Edge has secured new US payer access and a Veterans Administration purchasing agreement while proposed Medicare price increases could materially lift revenue per test. The recovery remains unfinished, however, with US commercial volumes down 13% and final Medicare coverage still pending.