Latest Lycopodium (ASX:LYL) News

Lycopodium has won an approximately A$42.9 million engineering and procurement contract for Endeavour Mining’s Assafo-Dibibango gold project in Côte d’Ivoire. Work has begun, but continued execution and full implementation remain conditional on Endeavour approving its final investment decision, expected before the end of 2026.

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.

Rare earths and uranium stocks led a broad resources rally, while gold companies combined record profits with larger reserves and dividends. Yet strong company news did not guarantee a rising share price, with several materials groups falling despite better earnings or project progress.

Lycopodium Limited reported a solid FY26 with $377.5 million revenue, a slight profit dip, and a 69% dividend hike, while setting sights on accelerated growth in the Americas.

Lycopodium Limited has won a A$37 million EPCM contract to develop a new silver oxide processing plant at Bolivia’s San Cristóbal Mine, aiming to boost silver production alongside existing operations.

Lycopodium has secured a A$93 million EPCM contract to expand Artemis Gold’s Blackwater Mine in Canada, boosting the mine’s throughput capacity to one of the largest in the country.

Big moves came from small and mid-cap names tied to drilling, project studies and fresh funding. Healthcare, mining and takeover stocks all had a busy week, but not every strong announcement held its gains.

A handful of small-cap names posted big weekly swings, but the bigger story was a flood of new studies, resource upgrades and funding deals across gold, rare earths and battery materials. Investors chased scale and near-term production, while several raisings and gap-down reopenings showed how quickly early enthusiasm can fade.

Lycopodium Limited has landed a A$196 million engineering and construction management contract for Resolute Mining’s Doropo Gold Project, marking a major expansion in West Africa.

Gold names split cleanly this week: one stock rocketed on tangible production progress, while another cratered as selling overwhelmed a big plan. Critical minerals kept drawing attention, but several gap-ups didn’t hold once early buyers took profits.

Lycopodium Limited has landed a major A$118 million contract to engineer and supply the Tulu Kapi Gold Project in Ethiopia, marking a significant step toward full gold production by mid-2028.

Lycopodium Limited reports strong half-year results for 1H FY26, driven by increased project delivery and strategic expansion into the Americas. The company updates its full-year guidance amid a robust pipeline across gold, copper, and critical minerals.