🕒 Wednesday 21 October 2026 Wed, 21 Oct 2026

Northern Star has completed the crucial tie-in for KCGM’s expanded mill, but the integrated plant remains in the early stages of commissioning after a weaker September quarter. FY27 production and cost guidance is unchanged, while negative underlying free cash flow and a A$500 million debt draw add financial tension.

Zeus Resources has secured a 51% interest in the Diaguili copper-gold project in Mauritania and assumed management after completing the first tranche of its acquisition. Drilling is expected to begin during the current quarter, giving the company a near-term test of the project’s exploration case.

Pro Medicus has secured a seven-year, A$43 million contract with New Jersey healthcare provider Virtua Health, expanding its cloud-based Visage 7 platform across five hospitals. The transaction-based agreement includes cardiology imaging and offers potential upside beyond the disclosed contract value, although the timing of revenue remains unspecified.

Provaris Energy has accepted $914,500 in final Share Purchase Plan applications after delayed electronic transfers pushed demand 50% above its $600,000 target. The raise will fund hydrogen and LCO₂ development, while a proposed option package still requires shareholder approval.

Cobre has secured 150,000 tonnes of low-cost ENAMI oxide material while testing two ways to recover copper from Sierra Atacama’s old leach infrastructure. The initiatives could lift SX-EW utilisation, although the historical pad opportunity remains early-stage and non-JORC.

Bega Cheese has entered FY2027 with normalised EBITDA guidance of $240 million to $245 million after delivering a sharp improvement in FY2026 earnings. The company expects a relatively flat first half before stronger growth in the second half, supported by branded products, automation and manufacturing savings.

Locality Planning Energy has signed a 15-year energy services agreement with Walker Corporation for its SOL development in Maroochydore. The contract expands LPE’s property developer network, but revenue and infrastructure costs remain undisclosed and will build progressively from late 2027.

SkyCity has reiterated its FY27 earnings outlook after first-quarter trading remained in line with expectations, despite subdued consumer conditions in New Zealand and Australia. Cost savings are running ahead of schedule, but one-off charges, online casino investment and the absence of formal guidance leave the recovery heavily execution-dependent.

Vulcan Steel has carried its FY26 recovery into the new year, reporting a 39% lift in first-quarter revenue and a 51% increase in EBITDA. The company also raised its FY26 dividend, while cautioning that Australia and New Zealand’s recovery remains gradual and uneven.