Latest Lead News

Dataworks has secured firm commitments for a A$3.0 million placement and will seek up to a further A$1.24 million from shareholders to fund debt repayment, government contract mobilisation and commercial expansion. The raise gives the company more capital to pursue growth, but at a discount that will increase the share count and potentially add substantial option dilution.

EBR Systems’ new Santa Clara manufacturing facility has entered the FDA’s pre-approval inspection process, marking a key regulatory step for its wireless cardiac pacing business. The company continues to expect approval by the end of 2026, but the inspection does not yet amount to clearance.

Manhattan Gold has secured commitments for an A$4.5 million placement to fund more than 4,000 metres of drilling and related exploration at its Hook Lake project in Nunavut. The full raising remains partly conditional, with A$1.14 million requiring shareholder approval in November.

Cycliq has secured firm commitments for a $1.5 million placement priced at a steep discount, giving the cycling technology company cash for inventory, AI development and other priorities. The raise also comes with a substantial package of options and further dilution subject to shareholder approval.

Element 25 has started early site works at its Butcherbird Expansion Project in Western Australia, preparing the ground for a planned 1.1Mtpa manganese operation. The milestone shifts the project from planning towards physical construction, although the main construction package is yet to be awarded.

Sarytogan Graphite has intersected 318 metres of copper mineralisation from surface at its Ilksan prospect in central Kazakhstan, including a higher-grade 15.2-metre zone grading 0.40% copper. The result extends the system identified in an earlier hole, with assays from a deeper 452-metre hole due in the coming weeks.

McLaren Minerals has reported broad, near-surface heavy mineralisation from 61 holes at its Western Australian titanium project, led by 24 metres at 7.54% HM. The results strengthen the dataset for a resource update, but do not yet establish an Ore Reserve or project economics.

NewPeak Metals will begin a minimum 1,000-metre Phase 2 diamond drilling program at Las Opeñas in Argentina in mid-October, targeting a potentially gold-richer zone west of its recent long intercepts. The campaign is funded from the company’s completed placement, but the higher-grade western extension remains untested.

Vanguard’s audited FY2026 report records positive returns across its international equity range, led by a 35.83% total return for VAE. The report also shows the broader International Shares Index Fund grew to $56.65 billion in net assets, while PwC issued an unmodified audit opinion.

Range International has replaced CEO Russell Kennett with Executive Chairman Richard Jenkins on an interim basis, with Jenkins to spend more time overseeing the company’s Indonesian operations. The restructure is expected to cut costs by up to 50%, although the company has not disclosed a baseline or implementation timetable.

Prominence Energy has secured an independent resource framework for its Eyre Project, with RISC Advisory estimating 202.8 Bscf of 2U unrisked hydrogen and 9.2 Bscf of helium across 15 leads. The milestone moves the South Australian project towards target selection, potential farm-out discussions and a planned mid-2027 drilling campaign, but the volumes remain undiscovered and highly exploratory.

Synertec has identified ANSTO as the client behind its $45.5 million engineering contract, with about $36 million of revenue expected during the first 26 months. The project could improve FY27 revenue, but the company has not yet revised its guidance.