Latest Strategy Changes News

Western Mines Group has been awarded a $180,000 government grant to fund further drilling at its Mulga Tank nickel project, targeting a promising komatiite mineral system. This funding supports the company’s ongoing exploration efforts to delineate a significant nickel sulphide deposit in Western Australia.

Medical Developments International reported a strong start to FY26 with significant revenue growth driven by increased Penthrox volumes and pricing improvements in Australia, alongside steady European demand and progress on paediatric label approvals.

North Stawell Minerals reports compelling high-grade gold grab samples and promising soil geochemistry at its Darlington Project, reinforcing the potential for significant mineralisation along the Darlington-Caledonia trend.

Alkane Resources reported a solid September quarter with 36,407 gold equivalent ounces produced following its merger with Mandalay Resources, maintaining its full-year 2026 production guidance despite one-off merger costs.

DPM Metals reports solid third quarter production growth at its Bulgarian mines and steady progress integrating the newly acquired Vareš operation, setting the stage for future expansion.

Arafura Rare Earths has successfully raised $9.83 million through an upsized Share Purchase Plan, well above its $5 million target, boosting total capital raised this year to nearly $90 million.

QPM Energy has secured a $113.7 million lease agreement with Macquarie Bank to fund key gas turbines for its Isaac Power Station, reinforcing its mid-2027 commissioning goal. This milestone advances the project closer to final investment decision amid ongoing engineering and approvals.

Buru Energy has raised $2.35 million through a Share Purchase Plan and shortfall placement, bolstering funding for its Rafael Gas Project in Western Australia.

Podium Minerals has initiated a fully underwritten entitlement offer to raise approximately A$7 million, aiming to fund pilot plant testing and resource expansion at its Parks Reef PGM Project. The offer invites eligible shareholders to acquire new shares at 6.4 cents each, reinforcing Podium’s growth trajectory amid rising platinum group metal prices.

LDR Assets has issued a second supplementary bidder’s statement clarifying the adjusted cash consideration in its takeover offer for Elanor Commercial Property Fund securities following a September 2025 distribution. The statement addresses concerns raised by the ECF Independent Board Committee and highlights the impact of transaction costs on net tangible assets.

Vonex Limited’s shares will be suspended from ASX trading following court approval of its acquisition by Maxo Telecommunications, marking a pivotal moment for the telecom services company.

Discovery Alaska Limited has detailed its exploration expenditures and strategic pivot from Alaskan projects to new US acquisitions, affirming its financial health and operational sufficiency to maintain its ASX listing.