S&P/ASX Small Ordinaries (INDEXASX: XSO) slipped modestly, closing at 3,477.10, down 6.30 points or 0.18% for the session, and off 9.90 points or 0.28% over the past 5 days.
The RIU conference kicks off today, but several ASX-listed companies have already reported operational and funding updates across the resources sector. You can read about the following and more throughout the day.
RIU Sydney Resources Round-up returns to the Hyatt Regency Sydney from May 5–7, 2026, bringing together ASX-listed explorers, developers, producers, brokers, fund managers, corporates, media and retail investors for one of the east coast’s busiest resources investment forums.
Now regarded as Sydney’s leading corporate mining investment conference, the event follows a record 2025 turnout and will again offer three days of company presentations, market commentary and direct access to management teams.
Stellar Resources Ltd (ASX:SRZ, OTC:SLROF) has secured firm commitments to raise $22.1 million before costs through a placement priced at 3.3 cents per share, strengthening its balance sheet as it advances the Heemskirk Tin Project in western Tasmania.
The raising includes the previously announced $17 million strategic placement to Metals X Limited (ASX:MLX), Australia’s largest tin producer, alongside a further $5.1 million placement to existing and new institutional and professional investors.
Arovella Therapeutics Ltd (ASX:ALA, FRA:E4NA) has received a notice under section 249D of the Corporations Act 2001 from a requisitioning shareholder seeking the removal of Dr Michael Baker and Dr Mike Perry as directors.
Following receipt of the notice, Dr Baker resigned as chief executive officer and managing director, with three months’ notice.
American West Metals Ltd (ASX:AW1, OTCQB:AWMLF) has received firm commitments to raise A$10 million through an institution-led strategic placement to domestic and global institutional, sophisticated and professional investors.
The placement will comprise 222,222,223 new fully paid ordinary shares at A$0.045 per share, with 1 free AW1O option to be issued for every 2 shares subscribed, subject to shareholder approval at a general meeting.
H3 ENERGY LTD (ASX:H3E) has been awarded a $50,000 Western Australian Government grant to reprocess the Warro 3D land seismic survey across its 100%-owned R7 Permit in the North Perth Basin.
The grant, awarded through the WA Department of Mines, Energy and Exploration’s Exploration Incentive Scheme, will support a new technical assessment of the Warro Field using modern seismic reprocessing techniques.
EZZ Life Science Holdings Ltd (ASX:EZZ) is targeting the fast-growing consumer health space with the launch of a new women’s wellness range built around clinically studied botanical ingredients and a growing global trend in “functional” supplements.
The Australian genomic life science company on Monday unveiled MeTime, a multi-product range targeting areas such as stress, sleep, metabolism and hormonal balance, with initial distribution set to roll out through pharmacy channels in the coming months.
Kaoko Metals Ltd (ASX:KAO) is preparing for its ASX debut with a focus on copper exploration in Namibia, as managing director Gerard O’Donovan outlined the company’s strategy and project portfolio in a recent interview with Proactive.
Kaoko Metals Ltd (ASX:KAO) last week outlined its strategy to capitalise on growing global copper demand as it approaches an imminent ASX listing, with managing director Gerard O’Donovan highlighting two fully permitted projects in Namibia.
O’Donovan said the company had positioned itself to benefit from structural shifts in copper demand, driven by the expansion of AI, data centres and electrification. He noted that copper remains the key metal underpinning these trends and pointed to a widening supply-demand imbalance alongside declining exploration investment globally.
Cyprium Metals Ltd (ASX:CYM, OTCQB:CYPMF) last week outlined strong quarterly progress at its Nifty Copper Complex, with the company remaining on track for first cathode production in the September quarter of 2026.
Executive chairman Matt Fifield said the phase one restart is advancing steadily, with the project now approximately halfway complete in terms of planned hours and budget. He noted that significant progress had been made on heap leach infrastructure, while key capital equipment had begun arriving on site. Fifield described the team as “firing” despite a more complex global operating environment.
With June 30 closing in, now is the time for investors to take stock — literally and figuratively. Whether you hold shares, managed funds, property, or crypto, the decisions you make in the next few weeks can have a material impact on your tax position for the year. In this article, director of Tax Communications at H&R Block (NYSE:HRB) Australia, Mark Chapman, looks at how to approach year-end planning with your investment portfolio in mind.
NewPeak Metals Ltd (ASX:NPM, OTC:NPMFF, FRA:NPM) has begun drilling at its Las Opeñas gold project in Argentina, launching a campaign designed to test the scale potential of a gold-dominant polymetallic system in one of the country’s most active mining regions.
The company confirmed that a minimum 2,500-metre diamond drilling program is now under way across about nine holes, with flexibility to expand depending on results and field observations.