Latest Competition News

Cobalt Blue Holdings announces the retirement of long-serving Chairman Rob Biancardi, with Joe Kaderavek stepping up as Chair and CEO Dr Andrew Tong appointed Managing Director. The company also defers its planned name change, signaling a nuanced strategic evolution.

Artrya Limited has successfully navigated a key FDA Q-Submission meeting, receiving clear guidance on the regulatory pathway for its Salix Coronary Flow module, with a 510(k) submission planned by year-end.

Black Rock Mining has officially launched the Early Works phase at its Mahenge Graphite Project in Tanzania, marking a key milestone supported by strong partnerships and infrastructure plans.

Hiremii Group has successfully raised $650,000 through an oversubscribed placement, underscoring strong investor confidence as it pushes forward with commercialising its AI-driven recruitment platform.

Toubani Resources has locked in a transformative A$395 million funding package to advance its Kobada Gold Project in Mali, setting the stage for production to commence by the third quarter of 2027.

DeSoto Resources has raised A$14 million in a strongly supported placement to fund its maiden drilling program in Guinea’s prolific Siguiri Basin, backed by a notable cornerstone investor and institutional interest.

Melbana Energy has significantly upgraded its prospective resource estimates for the AC/P70 offshore permit, boosting gas and oil volumes and advancing the Hadrosaurus lead to prospect status, while progressing a farmout process to fund exploration.

Western Mines Group has been awarded a $180,000 government grant to fund further drilling at its Mulga Tank nickel project, targeting a promising komatiite mineral system. This funding supports the company’s ongoing exploration efforts to delineate a significant nickel sulphide deposit in Western Australia.

Alkane Resources reported a solid September quarter with 36,407 gold equivalent ounces produced following its merger with Mandalay Resources, maintaining its full-year 2026 production guidance despite one-off merger costs.

GQG Partners reported a decline in funds under management to US$167.2 billion as net outflows hit US$1.7 billion in September, reflecting cautious investor sentiment amid market volatility.

QPM Energy has secured a $113.7 million lease agreement with Macquarie Bank to fund key gas turbines for its Isaac Power Station, reinforcing its mid-2027 commissioning goal. This milestone advances the project closer to final investment decision amid ongoing engineering and approvals.

Vonex Limited’s shares will be suspended from ASX trading following court approval of its acquisition by Maxo Telecommunications, marking a pivotal moment for the telecom services company.