🕒 Monday 19 October 2026 Mon, 19 Oct 2026

Buru Energy has applied for a Production Licence covering its wholly owned Rafael gas and condensate field in Western Australia, moving the project into another key regulatory phase. The application follows the booking of 15.25 MMboe of 2P Reserves and keeps planned 2027 drilling and early 2029 first gas in view, subject to approvals and funding.

BPM Minerals has completed 9,060 metres of a record Forelands drilling campaign, with post-quarter assays returning its best Beachcomber result to date. The company is now advancing maiden drilling at Bonnie & Clyde while working towards a maiden resource estimate targeted for the first half of 2027.

Terrain Minerals has begun preparations for its largest-ever drilling program, with 86 reverse circulation holes planned across the Smokebush project in Western Australia. The 10,905-metre campaign will test both the existing Lightning resource and seven new exploration targets, but no new exploration results have yet been reported.

European Lithium has secured a date for the Supreme Court of Western Australia to consider approval of its proposed acquisition by NASDAQ-listed Critical Metals Corp. Several transaction conditions have been satisfied, waived or appear on track, but securityholder votes and court approval remain outstanding.

Barkly Rare Earths has added 13 significant rare earth intercepts from 16 holes at its Northern Territory project, extending confirmed mineralisation across 23km. The results strengthen the case for a larger resource, although the next test is whether pending assays translate that continuity into a materially bigger estimate.

McPherson’s chief executive and managing director Brett Charlton will step down after more than three years at the helm, with the board beginning an immediate search for his successor. Charlton will remain in the role during a six-month notice period, subject to arrangements agreed with the board.

Monadelphous Group Limited (ASX:MND) enters FY27 with record FY26 revenue of $2.98 billion, a 52.1% profit increase and more than $680 million of new contracts secured since year-end. The engineering services group is also carrying a disputed claim worth about $200 million and a sizeable exposure to fossil-fuel markets.

Bendigo Bank’s unaudited 1Q27 cash earnings rose 18.5% against the prior half-year quarterly average, but statutory profit fell as net interest margin narrowed and non-cash property revaluations weighed. Deposits grew while lending contracted, with the bank continuing its costly non-financial risk remediation program.

TAL Daiichi Life Australia has tabled a conditional $11.80-per-share proposal to acquire the 79.5% of Challenger it does not already own. The approach arrives as Challenger reports a 52% jump in first-quarter sales, but remains non-binding and subject to due diligence, regulatory approval and a board recommendation.

Swift TV has agreed to extend its fully drawn $5.53 million secured facility by 12 months, giving it until March 2028 to repay the debt. The extension comes with a higher interest rate, a capitalised fee and 100 million warrants for lender Pure Asset Management, and still requires ASX clearance or shareholder approval.

Pacific Edge has secured new US payer access and a Veterans Administration purchasing agreement while proposed Medicare price increases could materially lift revenue per test. The recovery remains unfinished, however, with US commercial volumes down 13% and final Medicare coverage still pending.