Latest Transformation News

Austral Resources has kicked off its 2026 drilling campaign with a standout 10m intercept grading 7.52% copper at the Snow Queen Prospect near its Rocklands facility, underpinning its strategy to build regional scale through satellite deposits.

AGL Energy tightens its FY26 earnings outlook, buoyed by strong operational performance and strategic investments in batteries and gas peaking assets amid rising electricity demand driven by data centres and electrification.

Aurizon reports volume growth across coal, bulk, and container freight for ten months to April, maintaining FY2026 EBITDA and dividend guidance amid a temporary $10 million fuel cost timing hit.

Genesis Minerals is poised to boost its gold output to an aspirational 500,000 ounces per annum following its strategic acquisition of Magnetic Resources and the construction of a new Tower Hill mill in Western Australia.

NEXTDC urges eligible retail shareholders to participate in its A$1.5 billion entitlement offer, priced at a 10.9% discount, with a top-up facility available. The retail offer closes on 11 May 2026, following recent senior debt commitments that bolster its growth plans.

IMDEX Limited has delivered a record 3Q FY26 revenue increase of 29% in constant currency, fueled by strong global demand, strategic acquisitions, and AI-enabled mining technology solutions.

HMC Capital has unveiled a streamlined strategy focusing on high-return platforms across real estate, digital infrastructure, private credit, and energy transition, reaffirming its FY26 operating EPS guidance above 40 cents pre-tax and announcing significant capital recycling and growth initiatives.

PhosCo Ltd has delivered maiden Mineral Resource Estimates for the KM and SAB phosphate deposits at its Gasaat Project in Tunisia, adding 20.2 Mt at 20.5% P₂O₅ and lifting the total resource to 166.6 Mt. The shallow, low-strip deposits promise improved early production and underpin an updated scoping study due in Q3 2026.

SRJ Technologies has secured A$2.57 million in a placement to fund execution of its Middle East contracts valued at approximately US$23.3 million, with revenue expected from Q2 2026.

Xamble Group has secured A$0.67 million through a discounted placement to fund the integration of YToday and drive AI-powered cost efficiencies, aiming to sharpen its path to profitability.

Cann Group’s CEO Jenni Pilcher steps down after leading a dramatic debt reduction and cost overhaul. Chairman Mike Ryan takes interim charge as the company hunts for a new CEO.

TechGen Metals (ASX: TG1) has reported promising high-grade copper and gold results from multiple Western Australian projects, while gearing up for extensive drilling campaigns through 2026.