♟️ Monday 12 October 2026 Mon, 12 Oct 2026

Altitude Minerals is abandoning its Byrock copper-gold earn-in after disappointing assays and redirecting exploration towards drill-ready silver and gold targets in Nevada. The pivot comes with $817,000 in cash, 1.5 quarters of estimated funding and further capital still to be secured.

Caspin Resources has increased the Kelpie Deposit’s contained tin resource by 45% to 28kt, with the entire 6.5Mt estimate constrained within an optimised open-pit shell. The upgrade adds a maiden Indicated component, but most of the resource remains Inferred and no Ore Reserve has yet been declared.

Nordic Resources has increased the pit-constrained resource at its Kopsa gold-copper-silver deposit in Finland by 86% to 1.52 million ounces of gold equivalent. The update gives the company a larger, more defined resource base, but the project remains at the Mineral Resource stage rather than a development decision.

Activeport has reported a sharp first-quarter acceleration in software revenue, alongside a leaner cost base and expanding GPU deployments. The company says $4.05 million of software project contract value was activated during the quarter, but the cash flow payoff still depends on customer usage and execution.

Kaoko Metals has confirmed broad, shallow copper-silver mineralisation at Otniel after its first two diamond holes returned strong grades, including intervals above 3% copper. The early results support expanded drilling across the 400km² Chalkos project, but true widths, continuity and metallurgy remain unresolved.

GenusPlus will acquire New Zealand telecommunications construction and maintenance provider UCG for about NZ$40 million upfront and deferred consideration, with a further NZ$25 million tied to performance. The deal expands GenusPlus’s communications capability and is expected to be immediately earnings accretive, subject to regulatory and contractual approvals.

Southern Cross Electrical Engineering will acquire Victorian fire and HVAC services group Entire Operations for up to $112.1 million, funded from existing cash reserves. The deal adds mechanical services, expands SCEE’s national fire platform and lifts FY27 EBITDA guidance to at least $110 million.

Critica has converted 160 million tonnes of its Jupiter rare earths resource into the higher-confidence Indicated category after infill drilling across about 10% of the deposit. The upgrade comes ahead of a scoping study that is expected shortly, although most of Jupiter remains Inferred and no Ore Reserve has been declared.

Rox Resources says construction of its Youanmi processing plant has reached 39%, while underground development advances towards production drilling at United North. Financial close and a $90.2 million debt drawdown have lifted reported cash to $149.2 million, with first gold still targeted for mid-2027.