🕒 Thursday 10 September 2026 Thu, 10 Sept 2026

Elixir Energy has confirmed it is in an exclusive due diligence and negotiation process with Beach Energy over a potential strategic farm-in to its Taroom Trough portfolio. The process runs until 1 October, but no transaction has been agreed or assured.

Unity Metals has identified a series of demagnetised zones across more than 6km at its O’Phlay project in Cambodia, using drill-core data to refine targets for additional gold mineralisation. The company plans at least 22 holes across several prospects from early October.

Gateway Mining has identified a 3km undrilled gold target at Pewy, where geophysical features and nearby aircore results resemble the setting that preceded its Cowza discovery. First-pass drilling is scheduled for early October, backed by the company’s recently completed $45 million placement.

Ore Resources has extended lithium mineralisation beyond the current resource boundaries at its Big Red and Potoroo pegmatites, with drilling still open to the north and west. The results add exploration upside to Kangaroo Hills as the company advances strategic discussions and approvals for a potential DSO operation.

Nine Entertainment has extended its Australian Premier League streaming and broadcast rights through the 2033-34 season, securing a major audience driver for Stan Sport. The deal carries an expected rights-fee increase of about 3% a year, while Nine says changes to legacy Optus discounts and other initiatives should offset higher costs.

X2M Connect has signed a non-binding five-year partnership with Ethical Development Fund Australia to pursue a 20MW to 45MW GPU data centre and renewable energy precinct in North Queensland. The opportunity could generate both infrastructure delivery revenue and recurring platform fees, but remains subject to binding project agreements, funding and approvals.

St Barbara will sell its remaining New Simberi interest and Tabar Islands exploration exposure to Lingbao for A$453 million in cash, while retaining royalties over future production. The deal could leave the gold developer with about A$880 million in cash, but completion still depends on regulatory and potentially shareholder approvals.

Gold Mountain has identified clustered niobium, magnet rare earth and phosphate anomalies across four Araxá prospects after expanding its stream sediment dataset to 515 samples. The results sharpen exploration targets, but the project remains well short of drilling, resource definition or economic assessment.

LE Minerals has confirmed lithium-bearing brines across its White Plains project in Utah, with 12 direct push holes returning grades of up to 114 mg/L at 15 metres. The company will now work towards a maiden JORC Mineral Resource, although five southern auger sites produced no brine and several claims were not renewed.

OM Holdings returned to profit in the first half of 2026 despite a 14% revenue decline, with EBITDA rising sharply and debt reduced through repayments and an asset sale. The result was supported by a US$145.1 million investing cash inflow from the disposal of its Tshipi mine interest, while operating cash flow remained negative.

Ariana Resources has reported broad and high-grade gold intercepts from metallurgical and exploration drilling at its Dokwe project in Zimbabwe. The company has now shipped eight tonnes of samples to China for feasibility-level metallurgical testwork, while further drilling and DFS work remain ahead.

Critical Resources has completed 65 cycles across more than a month in a full-format pouch cell using its solvent-free DSD cathode matrix. The cell retained about 75% of its starting capacity, offering a useful engineering baseline but not yet a commercial performance result.

Latitude 66’s KSB project has returned a striking preliminary economic case, with a post-tax NPV8 of US$485 million and an 85% IRR at a US$3,500 per ounce gold price. The opportunity remains unbuilt, unfunded and subject to further study, permitting and a production target containing 10% Inferred Resources.

Pursuit Minerals has recorded its highest lithium brine assay at Rio Grande Sur, with a deep packer sample returning 809mg/L from the Mito tenement in Argentina. More than 20 additional samples from the completed hole remain pending, while drilling has moved to DDH-4.

Ora Banda Mining has begun underground development at Waihi in Western Australia, where drilling has returned intersections of up to 1.6 metres at 65.9 g/t gold. The mine is scheduled to deliver first underground ore in mid-2027, ahead of the company’s planned 3.0 Mtpa Davyhurst processing plant.

Viridis Mining and Minerals has selected Sedgman and Blossom as the preferred EPCM partner for its Colossus rare earths project, with up to US$3 million approved for work before a final investment decision. The full contract remains conditional, but engineering and procurement activity will begin immediately.

Westar Resources has identified three high-priority gold targets at its Jerrys Bore project after analysing 1,167 UltraFine+ soil samples. The anomalies coincide with gold pathfinder elements and interpreted structures, but drilling is still needed to establish whether buried mineralisation exists.

Focus Minerals has declared its first dividend, a fully franked A$0.08 per share payment worth approximately A$22.9 million. The distribution follows the A$250 million sale of the Laverton Gold Project and improved production from the Bonneville Underground Mine.

Tungsten Mining has secured the primary approvals needed to take its Watershed tungsten project in Far North Queensland through to mining and production, while early site works are already under way. The project remains pre-FID, with financing and the October DFS still critical to the H1 2027 production target.

Rox Resources has started surface diamond drilling at Youanmi, targeting resource conversion, incremental growth and deeper extensions of the high-grade United North system. The campaign could support future reserve growth and mine-life extensions, but its value still depends on drilling results that have yet to arrive.

LinQ Minerals has reported broad, shallow copper-gold intersections at Monza, including 113 metres at 0.71% copper equivalent from 33 metres. Mineralisation remains open in multiple directions, while a largely untested corridor could connect Monza with the nearby Estoril resource.

Cosmo Metals has secured a new exploration licence in New South Wales after reconnaissance work found copper-bearing outcrop and a selective rock chip sample grading 4.69% copper. The result is an early exploration signal, not evidence of a defined deposit, with mapping and further sampling still to come.

West African Resources delivered A$437 million in first-half net profit after tax as Sanbrado and Kiaka combined for their first full six months of production. The gold miner will return A$228.8 million to shareholders while accelerating debt repayments.