Latest Competition News

Auravelle Metals has reported significant high-grade gold intersections at its Sheoak Prospect in South Australia, with mineralisation extending over 600 metres and remaining open. The company plans multiple follow-up drilling programs in 2026 to expand these promising results.

QGold Pty Ltd has increased its all-cash takeover offer for Venus Metals Corporation shares from 17 to 21 cents and extended the offer period to 30 January 2026, signalling renewed intent to secure full ownership.

Rio Tinto and Glencore have entered preliminary talks about a possible all-share merger via a Court-sanctioned scheme of arrangement, though no firm offer has been made. The mining giants have until early February to decide on progressing the deal.

Yowie Group Limited has extended the maturity of its secured working capital loan facility with Keybridge Capital Limited to March 2026 and increased the loan limit to A$2.5 million, including accrued interest.

Nyrada has secured ethics approval to begin a pivotal Phase IIa trial of its drug Xolatryp, targeting heart attack damage. Patient dosing is set to start in March 2026 across multiple Australian hospitals.

Green Technology Metals has extended its Letter of Interest with Export Development Canada for up to C$100 million in financing, reinforcing the strategic development of its Seymour Lithium Project in Ontario.

IRIS Metals has identified significant high-grade rubidium mineralisation at its Beecher Project in South Dakota, complementing its existing lithium resources and positioning the project as a leading multi-commodity critical minerals asset in the US.

Fatfish Group Limited has refinanced its $5.67 million debt with Arena Investors LP and secured an additional $0.15 million through new convertible notes, including a board nomination right for Arena.

Ansell Limited announces the retirement of CEO Neil Salmon after five years in the role, appointing Nathalie Ahlström as his successor to lead the company’s next phase of growth and innovation.

Alcidion has been named the preferred supplier for University Hospitals Sussex's new Electronic Patient Record system, with a contract expected to exceed A$35 million over seven years. This deal builds on an existing partnership and marks a significant expansion for Alcidion in the UK healthcare IT market.

Key Petroleum Limited has appointed Jujun Zhang as Executive Director, CEO, and Vice Chairman, bringing over two decades of new energy expertise to the boardroom. This leadership addition signals a strategic focus on growth and investment in power generation technologies.

Magnetite Mines Limited has been granted a new exploration licence adjacent to its Ironback Hill rare earth element project, expanding its strategic footprint in South Australia’s Braemar Iron Region. The licence offers promising optionality for future rare earth exploration while the company maintains focus on its core iron ore development.