Latest Competition News

Gentrack’s airport technology arm Veovo is acquiring Dubai Technology Partners for US$10 million, boosting its AI portfolio and regional presence in the Middle East.

T&G Global is moving to sell its New Zealand fresh produce and Pacific Island businesses as part of a strategic pivot to concentrate on its premium Apples and VentureFruit platforms. The divestments, pending contract finalisation, mark a significant reshaping of the company’s portfolio amid shareholder shifts.

Talga Group reported record anode production at its EVA plant and significant progress on its 5,000tpa Vittangi anode plant FEED study, alongside strategic partnerships and exploration breakthroughs.

Paterson Resources has reported robust assay results from its Phase I drilling at the Grace Gold-Copper Project, revealing consistent shallow gold mineralisation over a 1.3km strike and setting the stage for a resource update and further drilling.

FireFly Metals has finalised the sale of its Ontario gold assets to Bellavista Resources, issuing 60 million Bellavista shares and 50 million performance rights as consideration. FireFly shareholders will receive Bellavista shares via an in-specie distribution, marking a strategic pivot towards its copper-gold projects.

Solara Minerals has identified compelling gold targets at Wilgeena through soil sampling and progressed drilling at Degrussa West, while maintaining a solid cash position to support ongoing exploration.

Condor Energy has advanced its offshore Peru exploration with a new Raya West prospect, lifting its unrisked prospective resources above 3.3 billion barrels, while moving to 100% ownership of TEA 86 to streamline licence conversion and partnerships.

Lindian Resources has begun full-scale construction at its Kangankunde Rare Earths Project and secured the SARECO Mixed Rare Earth Carbonate facility in Kazakhstan, positioning itself as a rare earths producer with downstream processing capabilities.

Anax Metals’ updated DFS for Whim Creek reveals a 113% surge in free cash flow to A$723 million, underpinned by a decade-long mine life and rapid payback. The company’s $10 million capital raise strengthens its balance sheet following full repayment of a $3.5 million loan.

CZR Resources has unveiled strong assay results from its Croydon Gold Project, confirming a significant gold system open in all directions. The company advances exploration at Edamurta and Yarrie, supported by a robust cash position.

Minerals 260 has secured a $59.1 million fixed-price contract with ATCO to build a 400-person accommodation village at its Bullabulling Gold Project, marking a key step towards construction readiness.

Mayne Pharma’s third quarter results show modest revenue growth but a sharp improvement in cash flow and earnings, powered by the strong launch of DistributeRx and robust Women’s Health sales.