Latest Transformation News

Alliance Aviation Services has launched the retail tranche of its fully underwritten $40 million equity raising, offering shareholders new shares at $0.70 each to reinforce its balance sheet and support ongoing turnaround efforts.

Lightning Minerals has identified two distinct gold target corridors within the Western Zone of its Mt Turner Project, highlighting a 1km-long intrusion-related gold anomaly and multiple epithermal-style trends. Follow-up sampling and trenching are planned to refine these targets ahead of drilling.

Core Energy Minerals (ASX:CR3) has locked in a staged earn-in agreement to acquire up to 51% of the Nova Uranium Joint Venture in Namibia’s prolific Erongo Region, adding advanced uranium prospects to its growing portfolio.

Strickland Metals is reshaping its leadership team with key departures and appointments as it shifts focus from exploration to development at its Rogozna Project in Serbia.

Telix Pharmaceuticals has completed enrollment in its pivotal Phase 3 BiPASS trial for prostate cancer imaging and aligned with the FDA on a pathway that could expand U.S. patient access and reimbursement for its 68Ga-PSMA-PET agents.

Lion Rock Minerals has revealed high-grade rare earth element mineralisation starting at surface at its Minta Project in Cameroon, with assays showing up to 21.15% TREO in saprolite and a magnet-rich rare earth basket. A large-scale drilling campaign is underway to further define this significant discovery.

Alcoa Corporation has filed to register shares of its common stock to be issued in connection with its $4.1 billion acquisition of South32 Limited’s upstream aluminum assets, spanning Australia, Brazil and South Africa. The deal includes cash, stock consideration, and contingent payments linked to commodity prices, pending customary approvals and shareholder support.

Australian Unity Limited (ASX:AYU) posted a statutory loss of $155.2 million for FY2026, reflecting regulatory headwinds, transformation costs, and sector disruptions, while advancing its climate risk management and strategic portfolio adjustments.

Computershare delivered solid FY26 results with revenue up 4.6% and management EPS rising 8.6%, supported by growth across core businesses and disciplined cost management. The company increased its final dividend by 29% and outlined CEO pay changes to align with global peers.

GR Engineering Services has landed a $50 million EPC contract to convert the Cosmic Boy Concentrator into a standalone copper and gold processing facility, marking a strategic return to a site it originally built.

Capstone Copper has boosted its Atacama presence by acquiring the San Pietro copper project, adding 16,000 hectares and nearly half a billion tonnes of inferred resources to its Mantoverde-Santo Domingo district.

Eden Innovations Ltd trimmed its loss to $5 million in FY2026 while erasing bank debt and converting loans into equity, supported by property sales and capital raises.