Latest Competition News

CGN Resources has revealed promising high-grade gold prospects at its newly acquired Leonora Project in Western Australia, situated near the prolific +8Moz Gwalia Gold Mine. Historical drilling highlights significant shallow mineralisation, with substantial unexplored potential at depth beneath transported cover.

Advanced Energy Minerals has completed upgrades at its Quebec facility to produce ultra-low alpha High Purity Alumina, targeting the semiconductor sector with initial supply to Asian customers underway.

Sunrise Energy Metals has completed a feasibility study for its Syerston Scandium Project, revealing a low-cost, long-life operation poised to supply critical scandium amid tightening Chinese export controls. The project targets production by mid-2028 with strong government backing and a growing global market.

OMG Group has secured a national extension with Woolworths to launch three new high-protein oat milk flavours, aiming to capitalise on growing consumer demand and boost FY26 revenue.

Life360 has delivered a landmark 2025 with record user growth, revenue, and profitability, driven by its expanding subscription base and new advertising ventures. The company’s transition to an AI-first platform and strategic acquisitions set the stage for ambitious growth in 2026.

Osmond Resources reports promising preliminary testwork results from its Orión EU Critical Minerals Project in Spain, highlighting high-grade zircon and monazite concentrates with strong recovery rates. The company advances towards a scoping study and further beneficiation testing.

MFF Capital Investments reported a strong half-year net profit of $209.7 million and declared a fully franked interim dividend of 10 cents per share, signaling confidence despite global economic headwinds. The company’s portfolio remains liquid and focused on high-quality holdings as it navigates geopolitical and technological challenges.

Verbrec Limited reports a strong first half of FY2026, with revenue climbing to $46.1 million and EBITDA more than doubling, driven by the strategic acquisition of Alliance Automation.

Chimeric Therapeutics has secured a $1.785 million advance against its anticipated FY26 Research and Development Tax Incentive to bolster its clinical trial pipeline and working capital.

ABx Group’s maiden mixed rare earth carbonate from Tasmania’s Deep Leads resource has been confirmed radiologically safe by ANSTO, with a second, higher-grade sample expected soon. The development could open doors to key international customers and reduce regulatory complexities.

Variscan Mines has announced a delay in its earn-in agreement for Irish zinc assets after vendors failed to meet financial obligations within the agreed timeframe. The company’s board will now reassess next steps amid growing uncertainty.

The ACCC has advanced its Phase 2 review of Ampol’s proposed acquisition of EG Australia, identifying fewer sites of competition concern but maintaining scrutiny over key metropolitan markets.