METALS AND MINING
KGL Resources (ASX:KGL) completed the bookbuild for the Conditional Placement component of its A$300 million equity raising, securing approximately A$180 million before costs. The bookbuild attracted strong demand from leading domestic and international institutional investors, with significant support from existing shareholders, including KGL’s largest shareholder, KMP, and its streaming partner, Wheaton Precious Metals. This successful capital raising marks a significant milestone for KGL, supporting the company’s transition from an exploration-focused business to a copper mine developer and future operator. Covered by Australian Resources & Investment & Mining.com.au.
Aurum Resources (ASX: AUE) reported further high-grade drilling results from the BDT2 deposit at its 3.22Moz Boundiali Gold Project in Côte d'Ivoire, with standout intercepts including 1.7m @ 70.35g/t gold, 6.54m @ 13.36g/t gold and 21m @ 1.12g/t gold. The results continue to extend mineralisation beyond the current resource boundaries and will be incorporated into the next Mineral Resource update, expected in Q3 2026, as Aurum advances the project toward a DFS by year-end. Covered by Brisbane Times.
Charger Metals (ASX:CHR) reported excellent initial metallurgical results that show crushing and ore sorting increasing lithium grades to 1.32% Li2O (31% increase) with 94.9% recovery, and 147ppm Ta2O5 (34% increase) with 97.2% recovery. Also, 78% of the detrimental Fe units were rejected as waste, resulting in an iron grade of 1.27%.
Phase 2 of Middle Island Resources’ (ASX:MDI) RC drilling has significantly expanded the Bobija gold-silver-base metals discovery in Serbia, with mineralisation now defined across an area of approximately 80,000m2 and remaining open in all directions. Current drilling is revealing that gold and silver are major contributors throughout the system, substantially increasing the potential economic value of the discovery.
North Stawell Minerals (ASX:NSM) provided an update on the Caledonia Prospect within its North Stawell Project in Victoria. Recent surface geochemistry, surface sampling, and ongoing technical review in support of the current drill program delivered encouraging results. The data reinforces the Company’s view that the eastern margin of the basalt underlying the 3.6km Darlington-Caledonia trend hosts significant high-grade gold potential. Covered by mining.com.au In addition, it announced re-split results of its recent air core drill program. A thin blanket of unmineralised sediments preserves potential for large, near-surface repeats of the multimillion-ounce ore deposit at Stawell. The current focus is on two priority targets: Darlington and Caledonia.
Heavy Rare Earths (ASX: HRE) initiated a strategic review of its Cowalinya rare earths project in south-central Western Australia to identify higher-value heavy rare earth oxide (HREO) opportunities and refine future development plans. HREOs are a scarce subset of rare earths critical to the energy transition, telecommunications, semiconductors, aerospace, and defence, with terbium (Tb) and dysprosium (Dy) among the most valuable. In April 2025, China introduced export controls on Tb, Dy, and other rare earths, increasing global focus on alternative Western supply sources. Covered by Stockhead.
WA Gold (ASX: WAU) commenced reconnaissance drilling at its 100%-owned Bullabulling Project in Western Australia, targeting the interpreted northern extension of the Bullabulling Shear Zone, which hosts the adjacent 4.5Moz Bullabulling Gold Mine. The initial 3,680m aircore program will test high-priority structural targets and follow up historical gold anomalies that have never been systematically drilled, while a planned Sub Audio Magnetics survey in Q3 2026 will refine future drill targeting. The program complements ongoing drilling at the Abercromby Gold Project, with the first Abercromby assay results expected this week. Covered by Stockhead & The West Australian.
Krakatoa Resources (ASX: KTA) is ramping up exploration activities at its Zopkhito Antimony-Gold Project, with underground drilling having commenced for the second field season. This follows the surface diamond drilling resuming last week. Drilling will target known mineralised Sb and Au veins within historical underground workings. Covered by Mining.com.au and Proactive.
Koba Resources (ASX: KOB) completed an IP geophysical survey at the Stannex Prospect, part of its Mt Garnet Tin-Tungsten Project in North Queensland, which confirmed strong, laterally continuous chargeability anomalies over a 2.0km x 0.5km tin-in-soil system, closely aligning with rock chip results of up to 21.3% Sn. These results have significantly enhanced confidence in drill targeting ahead of a 3,000m program set to commence shortly.
AuKing Mining (ASX: AKN) intersected carbonatite in 20 of its first 21 RC drillholes at the Tundulu Rare Earths Project in Malawi, with geological logging indicating the mineralised system may extend well beyond the historically drilled Nathace Hill area. More than 3,000m of the planned 10,000m RC and diamond drilling program has now been completed, with first assay results expected in late July. Early drilling has also confirmed carbonatite at the previously untested Kamilala Hill target, supporting the potential for a larger rare earth system. Covered by Stockhead.
Ark Mines (ASX: AHK) received an exploration permit for Mineral EPM 29189 for the Jackson Fluorite Project in North Queensland, expanding the company’s footprint in the critical minerals sector. Jackson is strategically located near Ark’s flagship Sandy Mitchell rare earth and heavy minerals project. Ark will commence planning and exploration activities at Jackson in accordance with the approved work program and permit conditions. Covered by Stockhead and Mining.com.au.
Sunshine Metals (ASX: SHN) completed the acquisition of the Mt Moss Operation in North Queensland for $18 million and is advancing plans to transition into gold production. Engineering and design work for the Mt Moss restart is progressing, with detailed plant design due for completion in August 2026 and refurbishment, construction and permitting remaining on track to support first gold processing from the Liontown Project in mid-2027. The company is also in advanced project financing discussions, remains well funded following a $19 million Share Placement and $7.6 million Share Purchase Plan, has reopened the site's 28-room accommodation camp, and is preparing to commence drilling at the Sybil Gold Project. Coverage by Mining.com.au.
Native Mineral Resources (ASX: NMR) submitted a Progressive Rehabilitation and Closure Plan (PRCP) for its Far Fanning Gold Project, representing a major regulatory milestone supporting NMR's strategy to accelerate development of the gold project. Far Fanning has a JORC 2012 Inferred Mineral Resource of 2.3Mt @ 1.84g/t Au for 138,000 ounces of gold, providing a strong foundation for future mining development as part of NMR’s Charters Towers Operations.
ENERGY
Galilee Energy (ASX: GLL) has spudded the Zydeco-1 well in Acadia Parish, Louisiana, marking the start of drilling in the Company's first US Gulf Coast well. RFC Drilling Rig 103 raised its derrick over the well centre before drilling began, with all work completed safely, on schedule and within budget. Zydeco-1 is testing a large conventional gas-condensate target, and the next update is expected once electric logs confirm whether the well has found hydrocarbons in commercial quantities.
Lakes Blue Energy (ASX: LKO) has held discussions with Victorian Government departments on the role the Wombat Gas Project could play in the state's future energy security and AI infrastructure needs. The Company has prepared briefing papers addressing Victoria's forecast gas supply shortfall and the project's potential role in supporting data infrastructure development. Lakes believes Wombat has the potential to underpin a $605 million (NPV10) development with a 58% IRR, targeting first gas in Q1 2029, though discussions remain preliminary with no government commitment at this stage.
TECHNOLOGY
AnteoTech (ASX: ADO) successfully completed the initial stage of its collaborative CLIA immunoassay product development program with a major global life sciences company, with the next phase of work now agreed. The program supports development of AnteoBind™ NXT activated magnetic particles for the high-throughput diagnostics market and underpins the upcoming launch of AnteoTech's new CLIA Kit at ADLM 2026 in California. The milestone further advances the company's diagnostics commercialisation strategy, with the CLIA market representing an estimated US$13 billion annual opportunity. Covered by Stockhead.
Sparc Technologies (ASX: SPN) has launched SparcES™, a new graphene additive range for electrostatic and conductive coatings used in data centres, semiconductor plants and EV battery manufacturing. The additives, developed over around 24 months of testing, offer lower dosage rates, better material handling, increased durability and lower raw material costs than currently used conductive materials. Sparc has two customer product development programs already underway, following strong inbound interest in ESD coatings over the past 6 to 12 months.
Swift TV (ASX: STV) announced Chevron has expanded its Swift TV rollout following the successful initial deployment, ordering a further 1,900 devices across additional accommodation sites and reinforcing customer confidence in the platform. Covered by Stocks Down Under.
BIOTECH
Syntara (ASX: SNT) passed 60% recruitment in its Phase 1b trial of SNT-9465 for hypertrophic scars, with treatment underway and recruitment on track to complete in Q3 2026. Early data confirmed high baseline lysyl oxidase (LOX) activity in participants, supporting the trial design and reinforcing the therapeutic target. Syntara expects a series of clinical milestones over coming months, including topline scar trial data and preliminary results from its Parkinson's disease/iRBD program.
Neurotech International (ASX: NTI) received Notices of Allowance from the U.S. Patent and Trademark Office (USPTO) for two patent applications covering its lead drug candidate NTI164, marking another important step in strengthening its intellectual property portfolio. Once formally granted, the patents are expected to provide U.S. patent protection through to 2042, covering methods of reducing neuroinflammation and treating autism spectrum disorder (ASD), while supporting NTI164's ongoing Phase 3 clinical development.
CORPORATE NEWS
BLS Pharmaceuticals (ASX: BLS) formally changed its name from Bioxyne Limited following shareholder and ASIC approval. The Company has commenced trading under its new name, which will be reflected together with the new ASX code BLS, by the ASX from market open on 7 July 2026.
IRIS Metals (ASX: IR1) appointed Peter Youd as Company Secretary, following the resignation of David Franks. Peter is a seasoned company secretary and governance professional with extensive experience advising ASX-listed companies on corporate governance, regulatory compliance and ASX Listing Rule requirements. He has supported listed resource companies through corporate transactions, capital raisings and ongoing compliance obligations.
Condor Energy (ASX: CND) has appointed Dr Julian Fowles, former CEO and Managing Director of Karoon Energy, as a Non-Executive Director effective 1 July 2026. Dr Fowles brings more than 35 years of international oil and gas experience across exploration, development, production and M&A, including extensive work in South America. The appointment strengthens Condor's Board as it advances licence conversion, strategic partnering and commercialisation of the Piedra Redonda gas field in Peru.
Raptor Metals (ASX: RAP) appointed Gary Powell as a Non-Executive Director following the resignation of Ian White from the board. Gary is an experienced geologist and mining executive with more than 40 years’ extensive experience in the mineral resources industry, ranging from grass roots exploration, feasibility studies, resource estimation and mining operations. Gary has worked for various companies with projects in Australia, Canada, Southeast Asia and Central Asia.
BOA Resources (ASX: BOA) appointed Graeme Purcell as Managing Director, with Cath Norman transitioning to Non‑Executive Chair. Covered by Stockhead. The company also hosted a webinar to discuss the Thaduna and Green Dragon acquisitions, exploration plans for Neds Creek and Board changes. Cath Norman also purchased $20k on market in a strong show of support for BOA.
