🕒 Wednesday 5 November 2025 Wed, 5 Nov 2025

Austin Engineering has lowered its FY26 revenue and EBIT forecasts due to challenges in key contracts and operational inefficiencies, while outlining strategic measures to restore profitability.

Australian Gold and Copper Ltd has completed the acquisition of a key exploration licence in the South Cobar Basin, expanding its footprint to 2,600 km² and setting the stage for accelerated exploration.

BlueScope has appointed Tania Archibald as its new Managing Director and CEO, succeeding Mark Vassella who retires after eight years. Archibald’s extensive internal experience positions her to lead the company’s next strategic phase.

Challenger Limited has provided a detailed update on APRA’s proposed capital standards, highlighting enhanced capital strength and strategic growth opportunities in the life insurance sector.

Odyssey Gold reports impressive drilling results at its Tuckanarra Project in Western Australia, confirming strong gold mineralisation and advancing resource upgrades. The latest intersections bolster confidence ahead of a new Mineral Resource Estimate and Scoping Study.

Tyro Payments has appointed Nigel Lee as its new CEO, bringing over 25 years of global fintech and payments expertise to lead the company from January 2026. The leadership change signals a strategic push for growth and innovation in Australia’s competitive payments landscape.

Antares Metals is set to begin a 1,000m drilling campaign at its Queens Gift uranium project, aiming to expand mineralisation and upgrade its resource classification to JORC 2012 standards.

West Coast Silver Limited's initial diamond drilling at the Elizabeth Hill Silver Project reveals native silver near surface, confirming the high-grade potential of this historic deposit. Laboratory assays are pending, promising further clarity on the project's value.

Basin Energy has engaged contractors and secured land access to begin maiden drilling at its Sybella-Barkly project, targeting uranium and rare earth elements with government support. The program aims to test district-scale sediment-hosted and paleochannel targets in Queensland.

Genmin Limited has appointed Greg Lilleyman as Executive Chair to leverage his extensive iron ore expertise in driving the build-ready Baniaka project towards final investment decision and construction.

Octava Minerals has uncovered exceptionally high-grade indium alongside copper, zinc, silver, and tin at its Sweeney’s Prospect in Tasmania, securing regulatory approval for a 2000m diamond drilling campaign to explore this polymetallic potential.

Woodside Energy Group unveiled an ambitious growth strategy at its 2025 Capital Markets Day, targeting a net operating cash flow of around US$9 billion by the early 2030s, driven by key LNG and ammonia projects.

Summit Minerals has closed its entitlement offer with just over a third of shares taken up, leaving a significant shortfall to be allocated by the underwriter. The funds raised will support exploration in Brazil and corporate activities.

Solara Minerals has secured a Heritage Agreement with Traditional Owners, enabling early-stage exploration and drilling across multiple Western Australian project areas, including the promising Degrussa West site.

SQX Resources has validated and surpassed historical gold grades at its Red Bird Project in Arizona, with assays reaching 49.2 g/t Au. A maiden drilling campaign is planned for January 2026 to explore this promising gold system further.

Somerset Minerals has reported robust assay results from its Coppermine Project in Nunavut, confirming extensive high-grade copper mineralisation at Jura North with promising depth potential. The latest drilling reinforces the project's scale and resource upside.

Jindalee Lithium has initiated a significant core drilling program at its McDermitt Lithium Project in the US, aiming to enhance lithium recovery and explore valuable magnesium by-products. Results are anticipated in early 2026, marking a pivotal step in advancing this major lithium resource.

Bayan Mining has secured US Bureau of Land Management approval for its Desert Star Project in California, paving the way for field activities and a planned drilling program in 2026. The project’s proximity to major rare earth and gold mines underscores its strategic potential.

Patronus Resources has confirmed significant high-grade gold mineralisation extensions at its Mertondale Project in Western Australia, highlighting strong growth potential along the Mertondale Shear Zone.

Lefroy Exploration has secured final approvals for the Lucky Strike Gold Mine, setting an accelerated timeline for mining and first gold production by March 2026. Partnering with BML Ventures, the company is poised to transition into gold production with strong financial backing.

Kalamazoo Resources has released a compelling Scoping Study for its Mt Olympus Deposit within the Ashburton Gold Project, outlining a technically robust, high-margin gold operation with strong financial metrics and significant upside potential.

Black Cat Syndicate’s ongoing underground drilling at Paulsens continues to reveal high-grade gold zones beyond current resources, supporting their More Gold, Sooner strategy. With 36 assay results pending and development advancing, the mine’s growth potential is increasingly evident.

Auric Mining has successfully sold its first gold from the Munda Gold Mine, generating nearly A$11 million in revenue and setting a promising tone for 2026 production growth.

Auravelle Metals has identified a promising new gold target at Sheoak East within its Nuckulla Hill Project, revealing significant shallow gold mineralisation in initial drilling. This discovery extends a large gold anomaly and sets the stage for aggressive follow-up exploration.