METALS, MINING AND ENERGY
FireFly Metals (ASX: FFM) is set for nine-rig exploration growth campaign at its Green Bay Copper-Gold Project in Canada and after a highly successful ~A$139m raising. Proceeds will be used to continue growing and upgrading the Mineral Resource and advance upscaled economic studies in lead up to a Final Investment Decision.
South Harz Potash (ASX: SHP) executed an Option Agreement to acquire the Glava Copper-Gold-Silver Project in Sweden, one of Scandinavia’s most prospective and underexplored copper-gold provinces. The Glava Project has high-grade epithermal copper mineralisation with associated gold, silver and tellurium, supported by historic artisanal mining of up to 10.5% Cu. The company has already completed geological mapping, rock-chip sampling and a ground magnetic survey completed, with first results due in Q4 2025. Covered by Proactive Investors, Australian Resources and Investment and Mining.com.au.
Aurum Resources (ASX: AUE) sold its holding in Montage Gold (TSX: MAU) at an average price of C$7.30 per share, for gross proceeds of ~A$23 million. The sale realised a 102% gain relative since they were issued by Montage to Aurum in lieu of cash in May 2025. With ~A$40 million in cash, Aurum remains well funded to advance its Boundiali and Napié Gold Projects in Côte d’Ivoire. Covered by Business News.
Andean Silver (ASX: ASL) reported extremely high-grade assays over extensive areas, showing its Cerro Bayo Silver-Gold Project is poised for continued resource growth – this week’s results highlight more than 2km of exposed mineralised veins with grades of more than 10,000g/t silver and 125g/t gold.
Everest Metals (EMC) confirmed high-grade rubidium with peak assay of 0.79% Rb₂O from a Phase 2 resources upgrade and expansion drilling program at Mt Edon Critical Mineral Project in WA. Pegmatites intersected in every one of the 19 x RC holes – mineralisation remains open. Covered by Stockhead and Small Caps . The company also received a Research and Development (R&D) cash refund of A$200k for FY2025.
Koba Resources (ASX: KOB) reported outstanding results from its recent reconnaissance rock chip sampling program at the Mt Garnet Tin–Tungsten Project in Queensland. The program delivered exceptionally high-grade tin assays, including: 21.3% Sn, 13.9% Sn, 8.8% Sn, 8.6% Sn & 2.05% W. A total of 66 samples were collected across five key prospects, with most taken from the Stannex Prospect and the nearby Gilmore Tin Mine.
Diamond drilling is now underway at Enova Mining’s (ASX: ENV) East Salinas Project in Brazil to test multiple high-grade REE targets at Naked Hill, Bald Hill and Hairy Hill, following surface assays up to 2.17% TREO with 18 samples above 1% TREO. The 1,000m program of 10–15 holes will assess continuity, grade and geology along a 4km strike in Brazil’s Medina Granitic Complex, with fresh core also supporting metallurgical work.
Midas Minerals (ASX: MM1) commenced drilling at the Otavi Copper Project in Namibia, with two diamond drill rigs on the high-grade T-13 copper and silver deposit at the Otavi Project to undertake resource drilling and an RC rig deployed to the Spaatzu prospect. Initial results expected in January 2026 for the 140 RC holes drilled on nearby South Otavi Project gold and copper prospects. Covered by Mining Technology.
Atomic Eagle (ASX: AEU) announced a JORC Exploration Target of 40.0 to 100.5 Mlbs U3O8 at 150 - 350ppm for its Muntanga Uranium Project in Zambia. The ET is in addition to Muntanga’s existing JORC Mineral Resource of 40 Mlbs (Measured and Indicated) and 7.4 Mlbs (Inferred). Maiden drill programs testing Muntanga East and Chisebuka targets are nearly complete, with assays expected in early 2026. AEU has ~$20M cash for an aggressive program next year.
Falcon Metals (ASX: FAL) released final assay results from three wedge holes at Blue Moon, located directly north of the historic Bendigo Goldfield in Victoria, with drilling intersecting a wide zone of mineralised quartz. Two diamond rigs continue to operate 24/7 at Blue Moon, targeting a strike extension of the mineralised zones intersected to date.
Lotus Resources (ASX: LOT) provided an update on operations at its Kayelekera Uranium Project in Malawi as it moves toward steady state production in Q1 CY2026. The processing plant achieved pleasing throughput and recovery levels through November and product qualification is progressing with the first shipment expected in late Q1.
Power Minerals (ASX: PNN) completed the acquisition of the Santa Anna Niobium-REE-Gallium Carbonatite Project in Goiás, Brazil, securing 100% ownership of the 2.5km-wide Alkaline Carbonatite Complex. Covered by Stockhead & The Market Online. Power also reported further high-grade niobium and REE results from shallow auger drilling at Santa Anna, strengthening the scale and near-surface resource potential across the carbonatite complex. A 10,000m RC drilling campaign begins this month to expand the mineralised footprint and underpin the Project’s first Mineral Resource Estimate in Q1 2026. Covered by Stockhead.
Tungsten Mining (ASX: TGN) outlined a new Exploration Target at Mulgine Trench of 165–200Mt at 0.10–0.12% WO₃ and 180–220ppm Mo, reinforcing the global scale of the Mt Mulgine project. The target sits alongside the existing 247Mt Mineral Resource and highlights strong continuity with mineralisation still open. Follow-up drilling and technical studies will support ongoing project definition ahead of a Pre-Feasibility Study targeted for mid-2026.
Victory Metals (ASX: VTM) received kinetic leach results showing a major reduction in leach time for the North Stanmore Project in WA, with ~80% of rare earths leached in 30 minutes compared with the four-hour assumption used in the Scoping Study. The rapid leach kinetics confirm a clear pathway to a smaller leach circuit, lower reagent consumption and improved process efficiency. Covered by Australian Mining and Stockhead.
Heavy Rare Earths (ASX: HRE) announced highly encouraging historical drill hole assay results from the Prospect Hill Project in SA’s northern Flinders Ranges. These confirmed the presence of high-grade silver, copper, zinc and lead, alongside the previously reported high-grade tin assays from the same project. Assay results from prior RC drill-hole intersections include 1m @ 282 g/t Ag 1.87% Cu, 3.48% Zn, and 3.16% Pb in addition to 2.9% Sn.
Extensional drilling at Brazilian Critical Minerals (ASX: BCM) delivered another strong set of rare earth results at the Ema Project, confirming premium magnet REE grades, robust continuity and a growing ISR-aligned mineralised footprint. Early 2025 assays show consistent magnet REE grades above 200ppm and approximately 4km of additional mineralisation outside the starter zone, expanding the mineralised area to 82km².
Strata Minerals (ASX:SMX) kicked off its maiden drill program at its Zelica Gold Project in WA. The reverse circulation campaign will include around 20 holes for a total of 2,000 metres, targeting high-priority areas across the site. Early work has already identified gold mineralisation along a strike zone of approximately one kilometre, which remains open both at depth and along strike. First assay results are anticipated in early Q1 2026. Covered by Proactive and The Australian.
Alligator Energy (ASX: AGE) signed a binding Asset Sale Agreement to divest its non-core Northern Territory uranium assets to DevEx Resources (ASX: DEX). The divestment comprises a full exit from the NT Assets for total consideration of $7.5 million. Simplification of Alligator’s business, enabling Management to focus on its South Australian uranium assets (Samphire and Big Lake). Covered by Mining.com.au.
Auric Mining (ASX:AWJ) wrapped up its first processing campaign from the Munda Starter Pit, delivering strong results. Working with Black Cat Syndicate (ASX: BC8) at the Lakewood Mill, the campaign produced 2,718oz of gold, generating A$16.85 million in gross sales. After milling, haulage and royalty costs, Auric received A$10.82 million in net revenue. In total, 57,900 dry tonnes of ore were processed, with gold sold at an average price of A$6,200 per ounce. Coverage by Sydney Morning Herald, Proactive Investors, & Miningnews.
Native Mineral Resources (ASX: NMR) signed a binding term sheet with private company Haoma Mining NL to form an unincorporated Joint Venture to develop, mine and process ore from Haoma’s Ravenswood Gold Project at NMR’s Blackjack Operations, North Qld. This positions the Blackjack Plant to become a central hub for gold processing in the Charters Towers region. Covered by MiningNews and Industry Queensland.
Wildcat Resources (ASX: WC8) signed a Native Title Agreement with the Nyamal native title holders for the 100%-owned Tabba Tabba Lithium Project. The agreement formalises the strong relationship built during the discovery phase and includes commitments to heritage protocols, cultural training, employment, contracting opportunities and compensation. With the agreement now in place, Wildcat continues to advance the Definitive Feasibility Study and exploration at Bolt Cutter, where additional spodumene-bearing pegmatites have been identified.
Kali Metals (ASX: KM1) commenced its maiden drilling program (1,000-1,500m) at the Marble Bar Gold Project in the Pilbara, to test priority targets, Tiger, Churchill and Sherman. Previous mapping and rock-chip sampling have defined a cumulative 3km strike, with gold grades in rock chip sampling average 2.2 g/t over the entire strike length with grades up to 87.9 g/t gold at the Sherman Prospect. First assay results are expected within 3–4 weeks. Covered by Australian Resources and Investment.
Kalamazoo Resources (ASX: KZR) is set to commence a ~2,600m diamond drilling program at its 1.44Moz Ashburton Gold Project in the Pilbara. This first phase of the campaign will target down-plunge extensions of Indicated and Inferred Resources beneath the Mt Olympus open pit shell design, providing key inputs for mine development and optimisation work feeding into the Mt Olympus Pre-Feasibility Study. This campaign represents the first phase of planned future drilling programs across the AGP and is scheduled for completion in January 2026. Covered by The West Australian and Mining.com.au.
Chariot Resources (ASX: CC9) executed a variation deed with Continental Lithium to amend the original Share Sale Agreement for a Nigerian lithium portfolio. It also reported assay results from recent rock chip and surface sampling in September 2025 confirmed high-grade lithium mineralisation at the Fonlo and Iganna projects in southwest Nigeria. Covered by Discovery Alert.
Aureka’s (ASX: AKA) latest drilling at the Irvine Project’s Resolution Footwall has delivered high-grade results, including 5.66m @ 6.13g/t Au (with 0.38m @ 85.8g/t Au) from drill hole RD048, further confirming an extension of the mineralised Foot Wall Vein and adding high-grade upside to the existing Irvine JORC Resource. In addition, it has secured permanent land access around the Irvine Project through a capital-light partnership — a meaningful step toward long-term development planning. Covered by Sydney Morning Herald.
Bastion Minerals (ASX: BMO) has appointed a drilling contractor for its maiden auger geochemistry programme planned at the Ninnis Gold Project (E 39/2110) in WA. The program will consist of ~1200 auger drill holes, with a minimum ~1,000 holes to be completed. Ninnis is located in the heart of a world-class gold district, 30km west of Laverton and only 6km from Genesis Minerals’ Mount Morgans Gold Centre.
RENEWABLE ENERGY
Provaris Energy (ASX: PV1) provided an update on activities at its robotic cell and H2 Prototype Tank in Norway, including a recent site visit by its key partners for both the H2 and CO2 development programs. CEO Martin Carolan and CTO Per Roed also provided a video update from onsite at Fiskå, Norway.
BIOTECH
Avecho Biotechnology (ASX: AVE) announced that both the United States Patent and Trademark Office (USPTO) and the European Patent Office (EPO) have allowed the Company’s patent applications relating to its proprietary cannabidiol (CBD) TPM® soft-gel capsule, designed to enhance the absorption of CBD.
Tetratherix (ASX: TTX) announced its joint venture partner BioOptix has executed an agreement with Alcon. Under the terms of the agreement, Alcon has agreed to provide milestone-based development funding to complete a range of specific preclinical studies. The results from these preclinical studies will form an integral part of the medical device dossier for future regulatory submissions and market clearances.
ECS Botanics (ASX: ECS) announced the launch of AVANI AVA, a new range of medicinal cannabis products designed to address the specific health needs of women. Covered by Proactive, Cannabiz and StockWireX.
TECHNOLOGY
Hazer Group (ASX: HZR) extended its collaboration with global steelmaker POSCO, progressing work to integrate the Hazer Process into POSCO’s low-carbon steel pathway. The extension follows successful testing of Hazer’s high-purity graphite across multiple steelmaking applications and reinforces the technology’s potential to help reduce emissions in an industry responsible for more than 8% of global CO₂ output. Covered by Fuel Cells Work & Australian Manufacturing.
CORPORATE NEWS
Chimeric Therapeutics (ASX: CHM) provided an update following its AGM, confirming a Board refresh including the appointment of a new Chairperson and a major-shareholder-nominated Non-Executive Director is now a priority. Outgoing Executive Chairman Paul Hopper will continue as a significant shareholder. Chimeric’s lead CHM CDH17 Phase 1/2 trial continues to show disease control and tumour shrinkage, with further data expected in Q1 CY26 as the study nears completion. CEO Dr Rebecca McQualter said the Board renewal and ongoing clinical progress position the Company well for the next phase.
IRIS Metals (ASX: IR1) appointed Chris Evans as Non-Executive Director. Chris brings more than 20 years of deep expertise in the lithium and critical minerals sector, including his recent leadership as Managing Director of ASX-listed Winsome Resources Ltd. His proven track record in corporate strategy, capital markets and investor relations in Australia will be invaluable as IRIS continues its rapid growth trajectory.
Lava Blue (private) will be the industry partner for a QUT research project on unlocking critical minerals from mine wastes, which will be funded by a successful award through the National Industry PhD Program.
Evergold Minerals (ASX: EG1) changed its name from Evergreen Lithium to Evergold Minerals following shareholder approval. The name change reflects the Company’s strategic diversification during 2024–2025, through which it has successfully added a high-quality portfolio of gold assets in Western Australia to complement its existing exploration activities.
Trigg Minerals (ASX: TMG) will rebrand as American Tungsten and Antimony Ltd, with ASX trading to shift to new ticker AT4 from 15 December 2025, subject to ASIC registration. The company has also launched a new website, www.ataa.com. Managing Director Andre Booyzen said the new name reflects a clear focus on U.S. critical minerals and progress at the Antimony Canyon and Tennessee Mountain projects, aligning the business with rising U.S. demand for antimony and tungsten.
ReNerve (ASX: RNV) appointed Maja McGuire and Dr Paul Savage as Non-Executive Directors. Ms McGuire brings more than 15 years experience as a Chair, NED, General Counsel & Company Secretary, and Dr Paul Savage brings outstanding experience across life sciences following a 35-year career with the CSIRO.
Bioxyne (ASX:BXN) appointed Paul Mitchell as Chief Financial Officer of its wholly owned subsidiary, Breathe Life Sciences Pty Ltd. Paul brings over 25 years of senior financial and transactional experience, with deep expertise in strategic planning, complex M&A, scaling high-growth businesses, implementing enterprise-wide ERP systems, and hands-on pharmaceutical manufacturing in regulated environments.
