METALS AND MINING
Raptor Metals (ASX: RAP) reported its first assay results from the initial five holes of a 2,126m diamond drilling program at its flagship Chester Copper Project, with multiple broad copper-rich intercepts, including: 25.05m @ 2.06% CuEq (1.2% Cu), including 11.02m @ 1.98% Cu from 53.22m and 7m @ 1.29% Cu from 13m, 30m @ 1.44% CuEq (1.05% Cu), including 3.58m @ 2.91% Cu from 11.55m and 3.16m @ 2.8% Cu from 82.64m. Drilling validated Raptor’s geological model, with consistent high-grade copper VMS mineralisation from surface and copper-rich stringer zones confirming strong continuity across the MRE and highlighting further resource growth potential at Chester. Covered by ShareCafe, Stocks Down Under & Investing News.
Jameson Resources (ASX: JAL) achieved a key environmental milestone at its Crown Mountain Coking Coal Project in British Columbia, Canada, with the Environmental Assessment Office issuing it with the Section 27 Notice, confirming completion of the Environmental Application Review. With this milestone, Crown Mountain becomes Canada’s only steelmaking coal project to reach the final environmental assessment stage at both a provincial and federal level. Jameson’s next step will be to submit the Final Revised Environmental Application, expected in October 2026.
Kalamazoo Resources (ASX: KZR) identified growth potential at the Peake deposit to extend the mine life of the Ashburton Gold Project in WA, with a review of the underground mineral resource confirming upside for expansion at depth and along strike. Additionally, an underground exploration target has been reported at the Peake Deposit targeting high-grade extensions below and beyond the current resource. These developments demonstrate potential for further gold ounces and a mine life extension currently not included in the Ashburton Pre-Feasibility Study. Covered by The West Australia and Mining.com.au.
Midas Minerals (ASX: MM1) executed a Binding Heads of Agreement for the sale of the Newington Project in WA. The sale of Newington will allow the company to continue its focus at the Otavi Copper-Gold Project in Namibia, where it has accelerated discovery and resource drilling, and is on track to deliver an updated Mineral Resource Estimate for the T-13 deposit later in 2026. The company was also discussed in Stockhead by journalist Barry Fitzgerald: “Newsflow from this one is going to be good as it gets, with the high-grade nature of the prospects/deposits having particular appeal to investors in a bull copper market."
Tarrina Resources (ASX: TR8) extended the Christmas Gift gold anomaly by 1.16km, with recent soil sampling identifying 35 gold, zinc and copper targets across the project area. High priority targets include the historic McLeod’s Shaft prospect and a new 1.86g/t Au surface soil result 2km north-west of the Christmas Gift mine in previously unexplored ground. The results highlight potential for the mineralised strike to extend more than 4km north-south, with final gold and base metal assays from recent diamond drilling expected in June. Covered by The Australian and Proactive.
Desert Metals (ASX: DM1) defined a new high-priority gold target at Tiogo North following a 1,774-sample soil program at the Tengrela South Project in Côte d’Ivoire. Soil sampling returned a peak result of 617ppb gold and confirmed the Tiogo gold corridor now extends semi-continuously for more than 5.5km in strike, with only 1.5km drill tested to date. The new Tiogo North anomaly extends more than 3km north of previous drilling and will be tested in the next phase of aircore drilling, alongside planned infill, step-out and deeper RC and diamond drilling at Tiogo.
Aurum Resources (ASX: AUE) received three environmental approval certificates for its 3.22Moz Boundiali Gold Project in Côte d’Ivoire, marking a major de-risking milestone on the path to mining licence approval. The approvals cover all three mining licence application areas across 572.67km² and follow a 12-month environmental and social assessment process. Aurum’s Boundiali PFS remains on track for delivery this quarter, with the DFS targeted for Q4 CY2026, supported by 16 company-owned diamond rigs and a A$61 million cash balance at 31 March 2026. Covered by Business News.
American Tungsten & Antimony (ASX: AT4) defined a system-scale tungsten anomaly at the Tennessee Mountain Project in Nevada, with surface sampling confirming high-grade tungsten and molybdenum mineralisation ahead of its maiden drill program. Channel samples returned up to 4,713ppm W (0.59% WO₃) over 1.0m and 4,191ppm W (0.53% WO₃) over 2.0m, while rock chip sampling returned up to 20,693ppm Mo (2.07% Mo), supporting the interpretation of a fertile W-Mo skarn system open along strike and at depth. AT4 has now designed a 29-hole, ~3,000m maiden drill program to test depth and lateral extensions of mineralisation at the historic Garnet Mine. Covered by Stockhead.
Auric Mining (ASX: AWJ) reported an updated Mineral Resource Estimate (MRE) for Munda, along with the latest grade control drilling results from the Munda Starter Pit in WA. The in-situ Mineral Resource for the Munda Gold Deposit (Indicated and Inferred) was re-estimated at 4.20 Mt at 1.43 g/t gold, for 192,000 ounces of gold. After accounting for recent mining depletion of approximately 10,000 ounces, the updated resource represents a 32% increase compared with the December 2024 estimate. Covered by BullsNBears, Small Caps & MiningNews.
Element 25 (ASX: E25) awarded key long-term mining and ore haulage contracts for its Butcherbird Expansion Project (BBX) in WA to ReGroup Australia, advancing operational readiness for the planned 1.1Mtpa manganese expansion. E25 confirmed offtake discussions are at an advanced stage, with BBX on track for mechanical completion and commissioning in Q1 CY2027. It also commenced a review of its U.S. HPMSM Project execution plan to optimise development timing in response to evolving EV market conditions and emerging battery chemistries. The Company continues to engage constructively with General Motors and Stellantis regarding revised commercial arrangements, while maintaining strong support from strategic partners and the U.S. Department of Energy.
Western Yilgarn (ASX: WYX) identified multiple zones of shallow high-grade gallium mineralisation from re-assayed historical vacuum drill pulps at its Cardea 1 Project in WA’s Darling Range region. Results from 161 drillholes returned several significant near-surface intersections, including 2.5m @ 134.4 g/t Ga₂O₃ from 2m. The results highlight broad shallow gallium mineralisation associated with lateritic and bauxitic horizons across the project area, with mineralisation remaining open in multiple directions. Covered by Stockhead.
Celsius Resources (ASX: CLA) announced that Maharlika Investment Corporation, a Philippine national sovereign wealth fund, had issued a press release with respect to the execution of an Assignment Agreement for the sale and assignment of its loan position under the Omnibus Loan and Security Agreement with Makilala Mining Company Inc. to Equinaire Holdings Limited, a wholly owned subsidiary of Kiri. Covered by The Extractor
Western Ridge Resources (ASX: WRX) expanded its flagship Keystone Project in Nevada, USA, following the staking of an additional 248 Lode Claims in early May 2026. The newly acquired claims add approximately 4,960 acres of ground surrounding the existing Keystone Project, increasing the Company’s landholding in the district by approximately 500%. Western Ridge now holds a dominant land position within the emerging mineralised trend prospective for tungsten, silver and gold.
INDUSTRIAL
SHAPE Australia (ASX:SHA) has agreed to acquire Australian Professional Shopfitters (APS) for up to $29.4 million, comprising $20.4 million upfront (3.8x FY25 EBITDA) and up to $9 million in earn-outs over two years. The Melbourne-based, vertically integrated retail shopfitting business generated $32.5 million revenue in FY25 with future maintainable EBITDA of ~$5.3 million. The deal is forecast to deliver 5-7% normalised EPS accretion in the first full year. It further strengthens SHAPE’s retail offering (following the Arden Group acquisition), enhances vertical integration and margins, adds repeatable high-volume program work, and supports the group’s diversification and long-term growth trajectory.
BPH Global (ASX: BP8) reported gross sales of A$391,000 for its 12th trading period, representing the Company’s second highest monthly trading result since operations commenced in May 2025. Aggregate gross sales over the first 12 months of trading operations are approximately A$3.33 million.
EMVision Mediacal Devices (ASX: EMV) released positive results from its aeromedical study evaluating EMV’s First Responder Brain scanner in simulated air ambulance conditions. The study demonstrated the device's robustness and diagnostic capability during flights, further de-risking its use in rural, remote, and emergency transport scenarios where rapid stroke diagnosis is critical. These findings strengthen the case for broader deployment of EMVision’s portable technology beyond traditional hospital settings.
This week EMV also announced it will receive the next $1.17 million instalment from its $5 million Industry Growth Program (IGP) grant. The funding supports the commercialisation of its portable electromagnetic brain imaging technology, including the emu™ bedside scanner for hospital use and the First Responder device for pre-hospital and remote settings. This tranche advances key activities such as clinical trials, regulatory progress, manufacturing scale-up, and team expansion.
ENERGY
Hazer Group (ASX: HZR) completed its graphite pelletisation program, producing high-performance pellets without impacting product characteristics. Hazer can now offer graphite in powder or pelletised form, broadening potential applications across steel, construction and industrial sectors globally, while supporting transportation and handling at scale.
RENEWABLE ENERGY
Provaris Energy’s (ASX: PV1) proprietary liquified CO2 (LCO2) tank design achieved a Concept Selection milestone as part of Yinson Production’s development activities which now include LCO2 carriers and floating terminal solutions.The milestone materially broadens the commercial application of the YP-Provaris LCO2 Tank technology across the carbon capture and storage supply chain. Read the company’s latest investor presentation here.
TECHNOLOGY
AnteoTech (ASX: ADO) signed a Strategic Collaboration and Sales Agreement term sheet with South Korean separator technology company Xerabrid to advance next generation battery separator products aimed at improving battery safety and reducing thermal runaway risk. The collaboration combines Anteo S™ with Xerabrid’s ceramic coated separator technology, manufacturing and testing capabilities, supporting joint product development, customer engagement and commercialisation activities across global battery markets. AnteoTech said demand for Anteo S™ separator products is accelerating globally, with multiple companies in South Korea and the United States currently evaluating the technology, including one customer progressing to pilot-scale testing. Covered by Stockhead.
AnteoTech also expanded its Life Sciences business in Japan through the appointment of Tokyo-listed distributor Cosmo Bio to supply AnteoBind™ and related products across the Japanese diagnostics market. The appointment supports AnteoTech’s strategy to expand ELISA and CLIA immunoassay opportunities using AnteoBind NXT™, with Japan identified as a potential pilot.
Blackpearl Group (ASX: BPG) released its FY26 results, highlighting the Pearl Engines' outperformance compared to other foundational AI models. ARR doubled to $26.8m, driven by $14.3m in net new contracted revenue, including subscription revenue growth of 77% to 13.7m. The company's gross margin improved to 69% and is expected to continue to expand in FY27 and beyond as BPG implemented a fixed cost structure. Looking ahead to FY27, the company targets ARR growth and cash conversion as equally weighted priorities.
Advanced Innergy Holdings (ASX: AIH) reconfirmed FY26 guidance following H1 FY26 revenue of $157.9 million and underlying EBITDA of $24.7 million, with a record $239 million orderbook supporting expectations for a stronger second half. Gross margins improved to 36.8%, driven by operational efficiencies and contributions from higher-margin businesses, while AIH also continued expanding across key growth markets including subsea infrastructure and EV battery protection technologies.
BIOTECH
Emyria Limited (ASX: EMD) welcomes the Therapeutic Goods Administration’s (TGA) announcement of changes to its recommendations for the Authorised Prescriber (AP) scheme for psychedelic-assisted psychotherapy.
CORPORATE NEWS
Syrah Resources (ASX: SYR) Chair Samantha Hogg gave an address to last week’s Annual General Meeting following her appointment to the role in December.
Lincoln Minerals (ASX: LML) secured a A$3.1 million strategic placement to fully fund upcoming drilling at the Minbrie Copper Project in South Australia. The placement supports planned air core and follow-up diamond drilling, with a preferred drilling contractor secured and mobilisation scheduled for June 2026.
Bio-Gene (ASX: BGT) secured commitments to raise A$3.21 million through a A$2.71 million placement and partially underwritten Share Purchase Plan to support commercialisation of Flavocide® and Qcide®. Funds will be used to complete remaining studies for Bio-Gene’s first Flavocide® regulatory dossier in Australia and expand Qcide® production to support commercial partner supply agreements. The SPP opens on 2 June 2026, with eligible shareholders able to apply for up to A$15,000 of shares on the same terms as the placement.
PainChek (ASX: PCK) entered binding agreements to raise A$5.5 million by way of the issue of unsecured convertible notes to a small group of existing professional or sophisticated investor-shareholders. The support from these shareholders ensures that PainChek can maintain momentum in its North America expansion.
PainChek also announced the appointment of Lil Bianchi as Non-Executive Chair of the Board. Ms Bianchi brings a proven track record of guiding medical technology companies as they navigate growth inflection points and accelerate global market adoption including the US and Europe. With deep expertise spanning business transformation, AI and SaaS technologies, governance and capital markets, she has helped lead companies through expansion, commercialisation and international growth.
Green Technology Metals (ASX: GT1) provided an update on progress following the transformational A$11.0M recapitalisation, with momentum building across its Ontario, Canada projects. Tranche 1 is now complete, with A$1.6M received, while the A$4.0M entitlement offer has been well supported and tranche 2 is expected to follow pending shareholder approval in June. Work on the Seymour DFS is underway, alongside studies into tantalum and rubidium processing opportunities. At the same time, the company is progressing key management and board appointments to support financing, project delivery and the pathway toward operations.
Sunshine Metals (ASX: SHN) closed its Share Purchase Plan heavily oversubscribed, receiving A$7.7 million in applications. Sunshine elected not to scale back applications, with funds to support the Mt Moss acquisition, Liontown mine start-up, exploration and resource development activities. The Company said June quarter milestones include the Liontown shallow gold Resource upgrade, updated Gold Mining Study and commencement of drilling and geophysical programs at Sybil.
Alice Queen (ASX: AQX) appointed experienced geologist Adrian Hell as Exploration Manager, with plans underway to recommence drilling at its Horn Island Gold Project in North Queensland. Mr Hell previously worked at Horn Island between 2016 and 2022 and brings extensive knowledge of the project’s geology and gold system. Covered by Mining.com.au.
Nexalis Therapeutics (ASX: NX1) signed a binding LOI with Point8 Capital for a replacement funding facility of up to A$53 million to support development of IRX-211 for Breakthrough Cancer Pain, IRX-616a for Panic Disorder and SRX-25 for Treatment-Resistant Depression. The new non-dilutive funding structure replaces Nexalis’ existing Linlithgow Family Office facility, which the Company said had cancelled remaining undrawn commitments. Nexalis said the Point8 facility is structured across three dedicated clinical program sub-facilities and is intended to support continuity of its clinical trial programs.