🕒 Tuesday 6 October 2026 Tue, 6 Oct 2026

Terrain Minerals has identified high-grade tungsten across six Smokebush prospects after re-assaying previously capped samples, with the strongest result reaching 0.75% WO₃. The company plans up to 12 tungsten-focused RC holes, although the mineralisation remains early-stage and only a third of the available samples has been tested.

Locate Technologies has reported its first quarterly net profit as a listed company, with Locate2u revenue surging 72% and operating cash flow turning strongly positive. The result marks progress in its shift towards logistics software, although a November debt refinancing remains an immediate test.

Tower has lifted its FY26 underlying NPAT guidance to $69 million-$79 million after large event claims came in below the allowance built into its forecast. Customer growth also remained strong, although customer remediation costs will continue to weigh on reported profit.