♟️ Thursday 29 January 2026 Thu, 29 Jan 2026

Askari Metals has completed a strategic acquisition of the Nejo Gold and Copper Project in Ethiopia and is poised to launch its maiden drilling campaign in early 2026, backed by a strengthened balance sheet and a clear focus on African critical metals.

BauMart Holdings reported steady progress in modular building and core divisions during Q4 2025, while maintaining disciplined cash management amid ongoing funding pressures.

Castle Minerals has advanced its West African gold exploration with extensive soil sampling and auger drilling, while strengthening its board and maintaining a solid cash position of approximately A$3 million.

Berkeley Energia reports promising metallurgical results from its Conchas critical minerals project in Spain while pursuing a US$1 billion arbitration over permitting delays at its Salamanca uranium project.

Metallium Limited has kicked off commissioning at its Texas Technology Campus, sealed a multi-year feedstock deal with Glencore, and bolstered its balance sheet with a A$75 million capital raise, setting the stage for commercialisation in 2026.

Aurum Resources has reported significant resource growth and strong drilling results at its Boundiali and Napié gold projects in Côte d’Ivoire, supported by a robust $40 million cash position.

Yandal Resources has made significant progress at its Arrakis gold discovery, confirming a large, high-grade mineralised system while securing a strong cash position to fuel accelerated exploration in 2026.

IGO Limited reports a robust quarter with improved safety, higher spodumene production and prices at Greenbushes, successful commissioning of CGP3, and solid performance at Nova. Despite challenges at Kwinana refinery, the group’s underlying EBITDA and cash flow strengthened.

Ora Banda Mining Ltd has reported a record quarterly gold production of 32,036 ounces, alongside significant exploration successes and a $63 million investment in growth projects, while revising its FY26 cost guidance upward due to increased third-party milling expenses.

Elixir Energy has secured a $16.6 million capital injection led by Omega Oil and Gas, propelling its high-impact Lorelle-3 appraisal well drilling and expanding contingent gas resources in Queensland’s Taroom Trough.

Mineral Resources Limited has upgraded its lithium production guidance and reported record iron ore shipments in Q2 FY26, alongside a significant reduction in net debt and a strategic joint venture with POSCO Holdings.

Iluka Resources is set to report a hefty $565 million pre-tax charge in FY25, driven by impairments and inventory write-downs amid ongoing weak demand for mineral sands products.

Blackpearl Group has reported a record-breaking Q3 FY26 with Annual Recurring Revenue soaring 114% year-on-year to $23.7 million, driven by strong organic growth across its multi-venture platform and the emergence of Data as a Service.