♟️ Tuesday 3 February 2026 Tue, 3 Feb 2026

Pinnacle Investment Management reported an 11% drop in net profit after tax for the first half of FY26, despite record net inflows and a strategic move to fully acquire Pacific Asset Management.

PMET Resources has delivered a positive feasibility study for its flagship Shaakichiuwaanaan lithium project, announcing a maiden mineral reserve and advancing exploration and corporate initiatives. The company also acquired the adjacent Pikwa Property and reported strong drilling results, maintaining a solid cash position.

Ryman Healthcare has unveiled a refreshed strategy focused on growing recurring earnings and optimising its portfolio, targeting a $150 million sustainable cash flow improvement and $500 million cash release by FY29. The company plans to resume dividends from FY28, underpinned by a resilient balance sheet and disciplined capital management.

St George Mining has released a comprehensive investor presentation spotlighting its Araxá Project in Brazil, positioning itself as a major global player in niobium and rare earth elements with significant resource expansion and strategic partnerships underway.

The Federal Court of Australia has approved Caterpillar’s acquisition of mining software leader RPMGlobal, paving the way for a $5 per share payout to shareholders and a pending ASX trading halt.

Lode Resources has appointed Keith Mayes as Managing Director to spearhead the Montezuma Silver and Antimony Project development, while Ted Leschke shifts focus to exploration strategy as Executive Director – Exploration.

Little Green Pharma Ltd is set to acquire Cannatrek Ltd in a transformative merger that will create one of the largest vertically integrated medicinal cannabis companies globally, with pro-forma FY25 revenue exceeding AUD 112 million.

BMG Resources has raised $2.5 million in a placement led by Tribeca Investment Partners to fund an expanded drilling program at its Abercromby Gold Project and advance exploration at Bullabulling. The company also welcomes Ben Pollard as its new CEO to spearhead growth.

Theta Gold Mines Limited has released a Revised Feasibility Study for its TGME Gold Mine Project in South Africa, projecting robust economics with a 13.1-year mine life and first gold production slated for early 2027.

Acadia Pharmaceuticals has received a negative vote from the European Medicines Agency’s committee on its application to market trofinetide for Rett syndrome in the EU, prompting plans for a re-examination request.

Solstice Minerals has reported outstanding initial assay results from its Phase 1 drilling at the Nanadie Copper-Gold Project in Western Australia, revealing wide zones of high-grade mineralisation that extend beyond the current resource estimate.

Locksley Resources has reported outstanding high-grade antimony assay results from its Desert Antimony Mine in California, with samples reaching up to 26.1% Sb. This breakthrough supports the company’s plans for a pilot plant aimed at domestic production critical to U.S. defense needs.

Medallion Metals has obtained the crucial environmental green light under the EPBC Act for its Ravensthorpe Gold Project, significantly reducing permitting risks and positioning the company to advance its sulphide production plans.

Nimy Resources reveals a significant extension to its Block 3 gallium deposit in Western Australia, with a high-resolution magnetic survey indicating a 3.5km strike beyond the current resource boundary. The company is also advancing metallurgical test work and seeking federal funding to support development.

Xpedra Resources has appointed mining veteran Scott Funston as Managing Director, aligning leadership with the launch of its maiden drilling program at the promising Springfield Gold Deposit in NSW.

Memphasys has lodged regulatory submissions for its Felix™ System in Australia and India, following CE Mark approval, while progressing UK market entry under the CE Mark transition framework.

Xero Limited has outlined a bold AI strategy and detailed the integration of Melio to accelerate its US market growth, supported by new financial disclosures and a clear path to profitability.

Mount Hope Mining (MHM) showcased strong drilling outcomes at its Mt Solitary gold project, reinforcing its strategic foothold in the prolific southern Cobar Basin. The company is advancing exploration with a clear pathway to resource definition and regional consolidation.

Moho Resources is accelerating drilling at its Bush Chook Project in WA’s Pilbara, focusing on the promising Emu and Little Creature gold prospects after recent tenement grants.