Latest Competition News

Emmerson Resources has invoiced $10.53 million from its joint venture partner as part of a minimum production payment, coinciding with its pending $311 million acquisition by Pan African Resources.

Turners Automotive Group has unveiled an ambitious roadmap aiming for $100 million net profit before tax by FY31, driven by organic growth and strategic network expansion across its integrated used car platform.

ActivEX Limited has raised nearly $400,000 through a strategic placement of shares at a slight premium, locking in investor support with a 12-month escrow. The funds aim to fuel ongoing exploration efforts and bolster working capital.

Manuka Resources has released an amended Pre-Feasibility Study for its Cobar Basin assets, revealing a significant uplift in project profitability and a detailed 10-year mine plan targeting production in Q2 2026.

OM Holdings’ subsidiary has fully redeemed its AUD 30.9 million private bonds ahead of schedule, funded by the sale of a strategic mining stake. This move clears all bond obligations well before the May 2026 maturity date.

Orbital UAV has secured a pivotal engine order for heavy-lift drones, expanded its diagnostic support with Textron Systems, and entered a strategic MoU to participate in a NATO-aligned UAV program.

Forte Energy has emerged as the highest bidder for two promising oil and gas leases adjacent to its Umiat field in Alaska, leveraging existing seismic data to target significant resource potential.

Bubalus Resources has streamlined its project portfolio and cut corporate costs, sharpening its focus on priority gold and critical minerals assets in Victoria and the Northern Territory.

Ovanti Limited has secured $711,200 through a discounted share placement to professional investors, aiming to support its global operations and expansion into the US buy now, pay later market.

Centaurus Metals has received a non-binding Letter of Intent from Brazil’s National Development Bank for R$1 billion in debt funding to advance its Jaguar Nickel Project, marking a key milestone in its financing strategy.

Peppermint Innovation Limited reported a $1.27 million net loss for the half-year ending December 2025 while achieving key milestones including activation of national payment rails in the Philippines and settling a statutory demand that led to an ASX trading suspension.

Triangle Energy has secured joint funding with Tetragon and Winchester Energy to undertake a strategic exploration study in Indonesia, potentially paving the way for a new production sharing contract.