METALS, MINING AND ENERGY
Many Peaks Minerals (ASX: MPK) released assay results from LeachWell™ bottle roll leach tests on diamond core samples collected from the Ouarigue prospect drill target at its Ferké Gold Project. Preliminary results from sulfide-bearing fresh rock show that gold mineralisation at Ferké is non-refractory, with bottle roll assays averaging 94% recovery. These findings provide an early indication of reasonable prospects for eventual economic extraction to support future mineral resource estimation.
Auric Mining (ASX: AWJ) announced gold sales from the first two pours at the Munda Gold Mine were completed ahead of schedule at Black Cat Syndicate Ltd’s (ASX: BC8) Lakewood Mill. Processing of the initial 60,000-tonne parcel of ore was finalised on 2 November 2025, yielding a total of 1,790 ounces of gold sold at an average price of A$6,130 per ounce. This generated gross revenue of just under A$11 million to date. Covered by The West Australian and Mining Weekly.
Midas Minerals (ASX: MM1) secured the final approval for its Otavi Copper Project acquisition. The Namibian Competition Commission granted unconditional merger control clearance to Midas for the acquisition, which is expected to occur this month. Drilling is planned to commence in Q4 2025, and an additional four rigs will be deployed to accelerate exploration of the area.
EQ Resources’ (ASX: EQR) 100%-owned Barruecopardo Mine set a monthly production record of 12,006 mtu in October 2025. This performance surpasses the previous record set in November 2024 and reflects the successful implementation of various upgrades and operational enhancements since acquiring the mine in January 2024.
Trigg Minerals (ASX: TMG) expanded its US tungsten footprint, securing the majority of the historic Nightingale Tungsten District in Nevada, including the high-grade Alpine Mine (564,000lbs @ 70% WO₃ historically produced). The acquisition locks in a 3-mile mineralised trend and strengthens Trigg’s position alongside its Tennessee Mountain Tungsten Project. It also confirmed a large-scale hydrothermal antimony system at its Antimony Canyon Project in Utah, following a 43km CSAMT survey, with multiple shallow “walk-up” drill targets (50–150m depth) defined and drilling plans being finalised. Covered by Stockhead
Everest Metals (ASX: EMC) secured a drilling grant under the WA Government’s Exploration Incentive Scheme for the Mt Dimer Gold Project in WA. The grant will co-fund EMC’s upcoming reverse circulation (RC) drilling program, which aims to test gold-mineralised systems across the broader Mt Dimer exploration area. Covered by Stockhead and Mining.com.au.
Power Minerals (ASX: PNN) completed first-phase sampling and reconnaissance at its newly optioned Gamma REE-Uranium Project in California, where historical work returned standout grades up to 2.02% TREO and 1.79% U₃O₈. The site visit verified historic drill locations, confirmed strong access, and collected rock and stream sediment samples now at ALS Reno for analysis, with results due December 2025.
Infinity Mining (ASX: IMI) signed a binding Memorandum of Cooperation (MOU) with Orivium Global Pte Ltd, a leader in innovative mining technology, specialising in faster and greener recovery of critical metals from ore and e-waste. This MOC positions Infinity to leverage Orivium's innovations to unlock stranded assets and advance the Cangai Project. Covered by The West.
KGL Resources (ASX: KGL) successfully completed an A$11 million placement at $0.14 per share to support ongoing development activities at its high-grade Jervois Copper Project, while funding discussions continue. The placement has brought new institutional investors onto the register and includes an increased holding by Resource Capital Fund (RCF), which now holds approximately 9.9% of KGL.
Alligator Energy (ASX: AGE) announced the pilot plant for the Samphire Uranium Project Field Recovery Trial (FRT) has been delivered to site following completion of earthmoving works and bund installation. Mechanical, electrical, and pipework installation is underway. Drilling of the recovery well patterns for Areas A and B has been completed, with civil works progressing well and remaining on schedule. Covered by Mining.com.au
Alice Queen (ASX: AQX) is updating its Horn Island Gold Project Scoping Study, driven by the surge in gold prices from A$2,450/oz in 2021 to current prices around A$6,000/oz. The original 2021 Study outlined an NPV5% of A$140 million, with the current review expected to reflect a significant uplift in project value. Covered by Mining.com.au, The West and Stockhead
Larvotto Resources (ASX: LRV) executed a binding agreement with PYBAR Mining Services for the underground development contract at its Hillgrove Antimony-Gold Project in New South Wales. PYBAR will undertake approximately 20km of additional underground development over an initial four-year term, including decline and lateral development, rehabilitation, ground support installation and haulage activities across the Metz, Garibaldi and Clarks Gully underground zones. Covered by SMH and Business News.
Magmatic Resources (ASX: MAG) recommenced drilling at the Weebo Gold Project in Western Australia, with Phase 2 now underway. The program will comprise 3,500m of reverse circulation drilling focused on advanced targets at Scone Stone and Ockerburry and ~5,000m of aircore drilling across the Ockerburry, Scholl’s Find and Sir Samuel prospects.
Operations at Toubani Resources’ (ASX: TRE) Kobada Gold Project in Mali continue uninterrupted, with drilling activities progressing as planned. A second RC drill rig is set to arrive shortly, accelerating anomaly testing and sterilisation programs to support project development.
Metro Mining (ASX: MMI) announced that its Bauxite Hills Operation shipped 735 thousand Wet Metric Tonnes (WMT) in October 2025. This is approximately 5.5% below September 2025 shipments. Year to date (YTD) 2025 shipments total 4.84 million WMT.
Strategic Energy Resources (ASX: SER) finalised the sale of its South Cobar Project to Australian Gold & Copper (ASX: AGC). Ministerial approval was secured for the transfer of EL9012, and the final payment of $350,000 in cash was received. These funds will be used to support ongoing exploration across SER’s high-potential copper portfolio. Covered by Mining.com.au. The company also successfully completed the acquisition of the Diamantina Copper-Gold Project from Anglo American with the first of two milestone payments - comprising $150,000 in cash and $150,000 in SER shares successfully settled.
Bastion Minerals (ASX: BMO) acquired the Ninnis Gold Project (E39/2110) in Western Australia’s Northern Goldfields, supporting Bastion’s announced strategy of 20 May 2025, to target the acquisition of early-stage Australian gold projects. Following completion of the acquisition, plans are to immediately commence soil and rock chip sampling as a precursor to identifying drill targets.
Middle Island Resources (ASX: MDI) completed the acquisition of 100% of Konstantin Resources Limited and the associated $3.4 million placement, following shareholder approval at the Extraordinary General Meeting on 3 November 2025.
Western Yilgarn (ASX: WYX) expanded its landholding at the Ida Holmes Junction Project in WA, securing additional ground to target high-grade gallium mineralisation. The new tenements are north and south of its E36/1020 licence, where the gallium-mineralised system remains open in all directions, highlighting potential for further extensions and discoveries. Covered by The Australian and Mining.com.au.
Kairos Minerals (ASX: KAI) commenced drilling on the Main Hill extension of its 1.4Moz Mt York Gold Project, WA, with 10,000m of RC and diamond drilling underway on the PLS licence after the signing of the Mineral Rights Agreement. This 60-hole program targets the continuation of mineralised Banded Iron Formation, with historical reconnaissance drilling indicating excellent potential.
Bellavista Resources (ASX: BVR) appointed highly experienced resources executives Glenn Jardine and Peter Canterbury as Managing Director and Finance Director, respectively. The duo led highly successful WA gold company De Grey Mining post discovery of the Hemi Gold deposit until De Grey’s $6b takeover by Northern Star. Covered in Stockhead and Mining News.
FireFly Metals (ASX: FFM) appointed highly regarded resources executive and company director Leanne Heywood OAM as an Independent Non-Executive Director. Most recently, she held a senior international copper marketing role with Rio Tinto Limited (ASX: RIO) and, prior to that, she was Chief Financial Officer of a copper mine in the Rio Tinto portfolio. CEO Darren Cooke was also interviewed in the November edition of Paydirt magazine.
RENEWABLE ENERGY
Hear Frontier Energy CEO Adam Kiley run through the latest investor presentation at the ausbiz Investor Connect Sessions, held 29 October. The presentation followed the recent announcement that the Australian Energy Market Operator has assigned 88.06 MW of peak capacity credits to Stage One of its Waroona Renewable Energy Project — a major milestone for the company. Frontier was also covered in Stockhead.
FINANCIALS
Australian fintech platform, EdenX Group (private), delivered a series of webinars to investors to introduce the company's US$5m capital raise. The company has created a full-stack group of four interconnected businesses to connect franchises and SMEs to growth capital and to buyers for exits. For more information on the company and the raise, please contact Tim Dohrmann.
BIOTECH
ReNerve (ASX: RNV) announced the expansion of its ongoing clinical study evaluating the NervAlign® Nerve Cuff. The study, which will investigate the Nerve Cuff's role in protecting nerves following neurolysis (nerve repair), will now expand the cohort into a definitive trial phase, and builds on statistically significant interim data presented in March 2025. Covered by Stockhead.
Imugene (ASX: IMU) has been selected to deliver a presentation on azer-cel at the prestigious ASH Annual Meeting in Orlando (6–9 December 2025), the world’s leading haematology conference. The presentation will highlight clinical activity and safety data from Imugene’s allogeneic CD19 CAR-T program in patients with large B-cell lymphoma who relapsed after autologous CAR-T therapy underscoring growing global interest in next-generation allogeneic CAR-T treatments.
BPH Global Ltd (ASX: BP8) executed a Confidentiality and Exclusivity Agreement with Denmark-based scientist Jo-an Refugio (Agreement) to facilitate the evaluation and potential acquisition of a proprietary ginseng-based formulation for Male Vitality and Performance developed by Jo-an.
Imricor (ASX: IMR) together with Amsterdam University Medical Centre successfully completed the first in-human ischemic VT ablation in an iCMR lab. This was done using IMR’s NavTrac-MR Transseptal Kit and Needle, marking a critical step forward in the company's VISABL-VT clinical trial, and a watershed moment for the field of MRI-guided electrophysiology.
Arovella Therapeutics (ASX: ALA) exercised the Exclusive Option with Baylor College of Medicine to begin negotiations for the chimeric antigen receptor and the invariant Natural Killer T cell platform intellectual property.
INDUSTRIALS
Metal Powder Works (ASX: MPW) expects up to US$2 million of sales over the next 12 months with Hardchrome. The strategic partnership with Hardchrome continues to deliver commercial success, with multiple bronze powder solutions now being supplied to the company. MPW also signed a follow-on agreement with Westinghouse to continue to develop new powders for advanced nuclear applications. This agreement builds on earlier phase results and focuses on optimising parameters and powder performance.
TECHNOLOGY
RAS Technology (ASX: RTH) announced a commercial agreement with LeoVegas Group to take over the delivery of the racing service for its brands in the UK. The agreement followed a thorough global tender and due diligence process. The service is expected to transfer across to RAS by mid-2026.
CORPORATE NEWS
Premier1 Lithium’s (ASX: PLC) renounceable entitlement offer closed oversubscribed, raising $1.8 million before costs, with strong support from both existing and new shareholders. The proceeds will support exploration across the Yalgoo and Abbotts North projects into 2026.
Infinity Mining (ASX: IMI) announced changes to its Board and Advisor Structure with the appointment of Dr Gongkui (James) Xiao as a Non-Executive Director. Joe Phillips stepped down and Cameron Petricevic will transition to the role of Chair. Dr. Xiao, a Chartered Chemical Engineer and Adjunct Research Fellow at The University of Western Australia, has a decade of experience across the energy, mining, and research sectors. It also received firm commitments for a $1 million placement (before costs) at an offer price of A$0.01 per share, backed by new and existing investors. The funds will enable the company to fast-track exploration and its new mineral extraction technology with Orivium Global (Cangai Project). Covered by The Globe and Mail.
Heavy Rare Earths (ASX: HRE) appointed Graeme Morissey as a Non-Executive Director. Graeme brings extensive governance experience with listed exploration and development companies, having previously held senior roles at global accounting and advisory firms EY, KPMG, and Grant Thornton.
North Stawell Minerals (ASX: NSM) accepted applications for 13,333,333 New Shares from professional and sophisticated gold investors to raise $400,000 (before costs) through the Shortfall Facility associated with the Entitlement Offer.