🕒 Tuesday 12 May 2026 Tue, 12 May 2026

S2 Resources has confirmed and expanded a broad corridor of gold and multielement soil anomalies north of the historic Wedderburn gold field, highlighting intrusion-related mineralisation potential at its Yeungroon project.

Energy Transition Minerals has secured a non-binding MOU with Traxys Europe for the potential exclusive offtake of tin, tantalum, and niobium concentrates from its Penouta mine, positioning the project as a strategic Western source of critical minerals.

Bhagwan Marine expects FY26 EBITDA between $44.5m and $46.5m, buoyed by Riverside Marine acquisition despite Middle East conflict causing project delays. The company highlights margin gains, disciplined costs, and rising recurring revenue as it advances integration and growth plans.

Desert Metals has confirmed a continuous 1.5km gold mineralised corridor at Tiogo, Côte d'Ivoire, highlighted by a standout 4m at 19.48g/t gold intercept, while the highest-grade mineralisation remains untested at depth.

Bioxyne has locked in a two-year, $50 million exclusive supply agreement with German pharmaceutical distributor ADREXpharma, granting exclusive rights to its Dr Watson® brand in Germany and reinforcing its foothold in Europe’s largest medicinal cannabis market.

Bindi Metals has kicked off its first diamond drilling campaign at the Ravni Gold Project, targeting a promising 2km mineralised corridor with high-grade gold results and strong geophysical anomalies.

EDU Holdings delivered a transformational FY25 with nearly doubled revenue and a debt-free balance sheet, driven by strong growth in its higher education arm Ikon. The company started FY26 on a solid footing despite regulatory headwinds.

GQG Partners reported a modest rise in funds under management to USD 166.9 billion at the end of April 2026, driven by strong investment returns that offset ongoing net client withdrawals. The firm also declared a quarterly dividend consistent with its recent payout policy.

Dalaroo Metals has completed a major soil geochemistry program covering a 9km gold corridor at its Bondoukou project in Côte d’Ivoire, setting the stage for maiden drilling after assay results.

Pioneer Minerals has uncovered previously hidden fault structures at its Springfield Project in Idaho, enhancing prospects for tungsten, gold, and gallium mineralisation ahead of planned surveys and drilling.

Duketon Mining has wrapped up its maiden drilling campaign at Barlee, extending the program beyond 6,000 metres across eight prospects, while exercising its option to acquire the Killarney Gold Project. Assay results from Barlee are expected within six weeks, with Boodanoo drilling returning no significant gold.

Life360 surged to $143.1 million in Q1 2026 revenue, powered by 27% growth in paying subscribers and a 329% jump in advertising following the Nativo acquisition. The company raised its full-year guidance as it navigates temporary user growth headwinds.

Comvita has completed a $40.5 million capital raise combining a $30 million Rights Offer and a $10.5 million Strategic Placement, welcoming Singapore’s F&N Ventures as a near 20% strategic investor.

Property for Industry Limited (NZX: PFI) announced a 10.5% upgrade to its full-year FY26 dividend guidance, now targeting approximately 9.50 cents per share, supported by stable cash flows and controlled capital expenditure.