♟️ Thursday 28 May 2026 Thu, 28 May 2026

Magnum Mining pivots to exploration-led growth, focusing on its Brazilian Piracanjuba rare earth project with a major drilling campaign and fresh leadership, supported by a $7 million capital injection.

Volt Group reported an 8% revenue decline in FY25 amid strategic shifts but is poised for growth with the 4D Delta acquisition driving a 150% revenue surge in Q1 FY26.

ReadCloud Limited’s 1H26 results reveal robust growth in school-focused businesses, with cash receipts up 22% and operating cash flow rising 10%, positioning the company to outperform its FY26 earnings guidance.

FirstWave Cloud Technology posted a cash-flow positive Q3 FY26 with a 125% jump in customer receipts and locked in landmark contracts with Banobras and Services Australia, underpinning its AI-driven compliance strategy.

Champion Iron Limited reported a 19% increase in net profit to C$168.7 million for FY2026, driven by record production and sales, progress on its DRPF project, and the strategic acquisition of Rana Gruber.

Tolu Minerals has revealed two new high-grade gold vein discoveries at its Tolukuma Gold Mine in Papua New Guinea, underpinning an ambitious near-mine drilling campaign aimed at boosting resource growth.

Galan Lithium has finished commissioning at its Hombre Muerto West project in Argentina, processing its first lithium chloride and aiming for product sales in the second half of 2026. The company is also preparing to expand production capacity by 30% in early 2027.

Actinogen Medical has obtained positive scientific advice from the European Medicines Agency that aligns with prior FDA guidance, clarifying regulatory requirements for its Alzheimer’s drug Xanamem and paving the way for a streamlined approval process in major markets.

Li-FT Power Ltd. has released an extensive update to its Corporate Governance Statement, outlining its board structure, committee roles, and compliance with Canadian and ASX governance standards. The company highlights partial adherence to some ASX recommendations, reflecting its current development stage.

Aspermont Limited (ASX:ASP) reported a 147% jump in net profit and 11% revenue growth for H1 FY26, driven by steady subscription growth and a ramp-up in non-subscription revenues. The company’s self-funded data and intelligence platform is on track, with Rio Tinto’s enterprise contract validating its strategic pivot.

Develop Global’s Pioneer Dome lithium project hits high-grade infill drilling results surpassing resource expectations, setting the stage for a Final Investment Decision next month on an 850,000-tonne DSO operation.

Tetratherix Limited secures $15 million via institutional placement plus a capped $2 million share purchase plan at a 14% discount, aiming to fast-track manufacturing expansion and commercial partnerships.

Select Harvests delivered a 33% rise in underlying NPAT despite a wet harvest and higher costs, announcing a fully franked interim dividend and a 10% on-market share buy-back.

Australian Clinical Labs appoints Greg Horan as Group CEO effective August 2026, marking a leadership transition after a decade under Melinda McGrath. Horan’s healthcare and operational expertise positions ACL for its next growth phase.

Middle Island Resources announces CEO Peter Spiers’ resignation with Executive Chairman Daniel Raihani taking over operational duties during the transition. Spiers was pivotal in advancing exploration in Serbia’s Western Tethyan Mineral Province.

Basin Energy’s maiden drilling at Newmans has uncovered thick, shallow, and high-grade rare earth mineralisation, validating a new geological model focused on preserved weathering zones over fertile granites.

Jameson Resources has cleared a major environmental hurdle for its Crown Mountain steelmaking coal project, receiving the Section 27 Notice from British Columbia regulators and setting the stage for final application submission in October 2026.

Red Mountain Mining has locked in 100% ownership of the Pioneer Tungsten Project in Montana, an advanced asset with historic drilling pointing to promising tungsten grades. The company plans to kick off drilling in June 2026, capitalising on near-record tungsten prices and US government efforts to secure domestic critical mineral supplies.

IPH Limited has appointed Tony O’Malley as its new CEO starting July 2026, bringing over 30 years of global legal and professional services experience, including AI-driven transformation expertise.

Centuria Capital Group is leveraging its $21.8 billion real estate platform to scale AI compute infrastructure through ResetData, aiming to capture growing sovereign and enterprise demand amid global supply constraints.

Vulcan Energy has secured financial close on its €2.2 billion Lionheart Project financing, unlocking funds to advance construction of Europe’s pioneering lithium hydroxide and renewable energy facility in the Upper Rhine Valley.

Infinity Mining has kicked off ground exploration at its Hillside project in the Pilbara, targeting significant gold and copper anomalies identified over multi-kilometre corridors. The company has also strengthened its board with a seasoned geologist familiar with the region's geology.

Marmota Limited’s maiden drilling at Greenewood delivers exceptional high-grade gold assays, including multiple hits over 40 g/t and thick mineralised intersections. The discovery remains open along strike and at depth as Stage 3 drilling advances.

Thrive Tribe Technologies (ASX:1TT) is fast-tracking the relaunch of its legacy HR platforms, WooBoard and REFFIND, integrating AI features to serve enterprise, government, and defense sectors managing dispersed workforces.