Latest Observability News

ASX Limited reported a 13.3% rise in operating revenue to $1.25 billion for FY26, with underlying net profit up 5.2%, despite a 3.5% dip in statutory profit due to significant one-off costs including a $20.5 million ASIC penalty. The company declared a fully franked final dividend of 104.7 cents per share and appointed Anthony Attia as CEO.

Sierra Nevada Gold (ASX: SNX) has discovered a new high-grade gold-silver-polymetallic breccia beneath shallow cover at its As Safra project in Saudi Arabia, revealing a more complex and extensive mineral system than previously known.

Prospect Resources reveals significant copper extensions at Nyungu Central, with wide intercepts outside current resource boundaries, while maiden drilling at Sharamba shows promising visual mineralisation.

Sarytogan Graphite Limited has revealed promising copper porphyry mineralisation at its Ilksan prospect in Kazakhstan, intersecting 229 metres at 0.14% copper including higher-grade zones. The results suggest proximity to a high-grade deposit, with further drill results pending.

Lachlan Star’s latest drilling at New Waverley delivers multiple shallow, high-grade gold intercepts, reinforcing a significant emerging discovery in Western Australia’s Norseman district.

Infini Resources has confirmed compelling radiometric anomalies and structural targets at its Portland Creek project in Newfoundland while completing maiden drilling at its Saskatchewan projects, setting the stage for a busy 2026 drilling campaign.

Black Canyon has confirmed a 400-metre southern extension to its Wandanya manganese project, delivering multiple high-grade manganese intercepts and advancing towards a maiden Mineral Resource Estimate in September 2026.

Tartana Minerals has secured a $2.3 million placement from Xingye Gold, which now holds just under 10% of the company but declines further rights or involvement.

Beacon Minerals has delivered robust diamond drilling results at its Iguana deposit, confirming significant high-grade gold mineralisation and enhancing the geological model ahead of a resource update planned for Q1 FY26/27.

Accelerate Resources' gravity survey reveals structural controls aligning with high-grade manganese outcrops at Woodie Woodie North, enhancing targeting for a maiden drill campaign.

Chrysos Corporation posted a 33% revenue increase and 68% EBITDA growth in FY26, driven by expanding its PhotonAssay™ technology fleet to 46 units worldwide and signing 24 new lease agreements.

Core Lithium has delivered high-grade lithium intersections at BP33, reinforcing the deposit's scale and underground mining potential with ongoing drilling set to expand resources further.