Atlantic Lithium Ltd (AIM:ALL, ASX:A11, OTCID:ALLIF), the Africa-focused lithium explorer, has agreed to a takeover by Zhejiang Huayou Cobalt, a Chinese new energy materials company, in an all-cash deal valuing the company at approximately $210 million.
Huayou will acquire all issued shares at a 26.6% premium to Atlantic's last closing price and 21.8% above its 30-day volume-weighted average price.
Lumos Diagnostics Holdings Ltd (ASX:LDX, OTC:LDXHF) has received a further milestone payment of just over US$500,000 from the US Biomedical Advanced Research and Development Authority (BARDA) after securing CLIA waiver status for its FebriDx® rapid respiratory infection test, adding fresh momentum to the company’s US commercial rollout efforts.
The payment of US$507,377 brings total funding received under the CLIA waiver study program to nearly US$3 million, providing Lumos with additional non-dilutive funding as it advances broader clinical programs, including paediatric studies.
Ariana Resources PLC (AIM:AAU, ASX:AA2, FRA:4A6) told investors that feasibility work at its Dokwe Gold Project in Zimbabwe has stepped up, with a three-rig diamond drilling programme now underway and an updated pre-feasibility study expected this quarter.
The AIM- and ASX-listed explorer said it had completed a Metallurgical Sampling and Testwork agreement with Hongkong Xinhai Mining Services, covering 2,370 metres of metallurgical drilling and first-phase metallurgical testwork.
88 Energy Ltd (AIM:88E, ASX:88E, OTCQB:EEENF, FRA:POQ) announced it has secured a fully winterised Arctic drilling rig for its Augusta-1 exploration well, moving its highest-priority South Prudhoe target closer to a planned first-quarter 2027 spud on Alaska’s North Slope.
The company has contracted Nordic-Calista Services’ Rig-3, a unit purpose-built for North Slope operations and previously used by 88 Energy during its 2019 and 2020 drilling campaigns.
HAWK RESOURCES LIMITED (ASX:HFC) has executed an Agreement for Mineral Exploration with Ngaanyatjarra Native Title holders and Traditional Owners, covering exploration across the Olympus Scandium Project in Western Australia.
The agreement follows three months of engagement with the Ngaanyatjarra Council and an on-country meeting with Traditional Owners. It represents a key step in Hawk’s efforts to begin on-ground exploration at Olympus, where the company is targeting a potential new scandium province.
Kaoko Metals Ltd (ASX:KAO) has begun trading on the ASX after completing a strongly supported $6.5 million initial public offering (IPO), with the newly listed explorer gearing up for imminent drilling across its copper-focused projects in Namibia.
The company, trading under the ASX ticker KAO, has assembled a portfolio spanning two emerging mineral belts in Namibia — the Chalkos Copper-Silver Project in the Kaoko Copper Belt and the Karibib Copper-Gold-Tungsten Project in the Damara Belt.
The scramble to build the infrastructure behind artificial intelligence is no longer confined to Silicon Valley. It is increasingly reshaping investment flows, energy demand and digital infrastructure strategy across Australia and New Zealand — and Infratil (ASX:IFT)-backed CDC Data Centres has delivered one of the clearest signs yet of how quickly the market is scaling.
Infratil revealed this week that CDC had secured a 555-megawatt (MW) data centre contract with a US investment-grade customer, described as the largest data centre deal in Australian history. Infratil holds a 49.7% shareholding in the company.
ADX Energy Limited (ASX:ADX, OTC:ADXRF) has encountered gas-filled sands in the Hall Formation while drilling the Hochfeld-1 (HOCH-1) shallow gas exploration well in Upper Austria.
Gas-filled sands were first intersected at about 1,350 metres measured depth, with the well drilling ahead at 1,367 metres as of 6.00am CET on May 6, 2026.
Unico Silver Ltd (ASX:USL, OTC:USLRF) has reported further high-grade gold-silver drill results from the Joaquin Project in Santa Cruz, Argentina, with new assays extending mineralisation beyond the March 2026 mineral resource across multiple prospects.
MOONLIGHT RESOURCES LTD (ASX:ML8) has extended near-surface gold mineralisation at the Leo Grande Central prospect, part of the Clermont Gold Project in Queensland, with Phase 2 drilling confirming continuity and expanding the system along strike. Located approximately 15 kilometres west of Clermont in Central Queensland, this flagship gold project is situated in a region of large (1Moz) deposits with a rich history of gold production.
Moonlight Resources is aiming to rapidly deliver a cornerstone maiden gold resource, leveraging favourable logistics, established infrastructure, and strong local support for new investment.
Cyprium Metals Ltd (ASX:CYM, OTCQB:CYPMF) is edging closer to copper production at its Nifty Copper Complex in Western Australia, with new analyst research from MST Access arguing the company is approaching a “material transition” as first cathode production draws near.
In a new research note, MST Access maintained its A$0.85 valuation on Cyprium, more than double the company’s recent share price of A$0.36, while highlighting what it described as extensive on-site progress, a strengthened balance sheet and a growing exploration pipeline across the Paterson Province.
BOA Resources Ltd (ASX:BOA) is preparing to drill six priority copper prospects at the Neds Creek Copper Project in Western Australia after finalising a Heritage Protection Agreement with the Gingirana #4 Native Title Claim Group.
The agreement clears the way for the final grant of all Neds Creek tenements and allows BOA to progress heritage surveys, access work and final drill planning ahead of a targeted Q2 2026 start.
Anteris Technologies Pty Ltd (ASX:AVR, NASDAQ:AVR) has enrolled and successfully treated the first US patients in the global pivotal trial of its DurAVR® Transcatheter Heart Valve (THV) for severe calcific aortic stenosis.
The procedures were carried out by Dr Azeem Latib at Montefiore Medical Center in New York.
Anteris Technologies Pty Ltd (ASX:AVR, NASDAQ:AVR) has secured US Medicare reimbursement eligibility for eligible procedures in its global pivotal PARADIGM Trial, a prospective, randomised controlled study designed to evaluate the safety and effectiveness of Anteris’ DurAVR® Transcatheter Heart Valve against commercially available TAVR devices.
The head-to-head trial is expected to enrol around 1,000 patients in its All Comers Randomized Cohort, with participants assigned on a 1:1 basis to receive either DurAVR® THV or an approved commercial transcatheter heart valve.
D3 Energy Ltd (ASX:D3E, OTCQX:DNRGF) has significantly expanded the scale of its South African helium and methane portfolio after securing an independently certified maiden contingent and prospective resource for its ER386 permit in the Free State Province.
The new certification lifts the company’s combined 2C recoverable helium resource across ER315, PR016 and ER386 to 35.6 billion cubic feet (BCF), representing a 65% increase on the previously certified ER315 and PR016 standalone figure.
Lindian Resources Ltd (ASX:LIN, OTC:LINIF) has reported steady progress across construction, infrastructure and mining activities at its Kangankunde Rare Earths Project in Malawi, with the project on track for first production in Q4 2026.
Construction is advancing across all major work fronts, while commissioning remains targeted for October 2026 and practical completion expected in mid-November.
Aurum Resources Ltd (ASX:AUE) has returned multiple thick gold intersections from drilling at the BDT2 deposit within its 3.03-million-ounce Boundiali Gold Project in Côte d'Ivoire.
The results come from 28 diamond drill holes for 9,905.85 metres as part of Aurum’s ongoing 100,000-metre Boundiali drilling program, which is targeting resource growth and increased geological confidence.
Janus Electric Holdings Ltd (ASX:JNS) has attracted institutional and offshore investor support to raise A$4.5 million before costs through a private placement, with funds to accelerate its growth strategy and scale operations across key markets.
The company will issue 26,450,000 new fully paid ordinary shares at A$0.17 per share, representing a 17.1% discount to its last traded price of A$0.205 on May 4, 2026. The issue price also reflects discounts of 12.8% and 11.9% to the 5-day and 15-day volume weighted average prices, respectively.
Built Group and Wesfarmers Ltd (ASX:WES) have agreed to establish a 50:50 joint venture, Built Living, aimed at accelerating apartment construction and addressing Australia’s housing shortage through industrialised building methods.
The new entity will focus on offsite manufacturing, using Design for Manufacture and Assembly (DfMA) to produce modular and precast apartment components at scale, with the goal of delivering housing faster and at lower cost.
Animoca Brands Corporation Ltd (Unlisted (AU):AB1) has launched an investment program of up to US$10 million for early-stage developers building applications on its persistent AI agent platform, Minds by Animoca Brands.
The program is open to teams developing deployable products and scalable businesses that use Minds as a core product layer across sectors including gaming, finance, productivity and social applications.
Resolution Minerals Ltd (ASX:RML, OTCQB:RLMLF, FRA:NC3) has reported high antimony recoveries from initial metallurgical test work on samples from Antimony Ridge, part of its Horse Heaven Antimony-Tungsten-Gold-Silver Project in Idaho, USA.
Rougher flotation tests conducted by IMO labs in Perth achieved sulphur recovery of 99.5%, which the company said indicated near-complete recovery of stibnite, the primary antimony sulphide mineral, during the rougher concentration stage.
St George Mining Ltd (ASX:SGQ, FRA:S0G, OTC:SGQMF) has appointed Worley Engenharia Ltda, the Brazilian subsidiary of Worley Ltd (ASX:WOR), a global engineering and project management group headquartered in Australia, as feasibility technical adviser for the potential development of its 100%-owned Araxá Niobium-Rare Earths Project in Minas Gerais, Brazil.
St George yesterday delivered more thick, high-grade rare earths and niobium assays from ongoing diamond drilling at Araxá.
Askari Metals Ltd (ASX:AS2, FRA:7ZG) has confirmed continuous polymetallic mineralisation from Phase 1 trenching at the PS Pegmatite Target within its 100%-owned Uis Project in Namibia.
Assays from the program returned peak results of 6,670 ppm tin, 0.49% lithium oxide, 465 ppm tantalum, 2,020 ppm rubidium and 134 ppm caesium, confirming tin-lithium-tantalum-rubidium-caesium mineralisation across the PS pegmatite system.
The S&P/ASX Small Ordinaries [XSO] closed at 3,458.80, gaining 15.20 points or 0.44% in the latest session. Over the past five days, the index has added 4.50 points, or 0.13%, pointing to a modestly positive tone across the small-cap market.
Several ASX-listed companies have delivered operational, clinical and project development updates this morning. You can read about these and more throughout the day.
Australia’s energy transition is increasingly being shaped not just by new infrastructure, but by how effectively it can be integrated. Synertec Corporation Ltd (ASX:SOP)’s latest move — a strategic collaboration with Hitachi Energy — reflects that shift, bringing together global power conversion technology with local engineering and system integration capability at a time of rising demand for scalable energy storage solutions.
The engineering and technology group has signed a memorandum of understanding with Hitachi to jointly pursue battery energy storage system (BESS) and microgrid opportunities across Australia, bringing together global power conversion technology with Synertec’s in-house “Powerhouse” platform.
The Reserve Bank of Australia (RBA) has lifted the cash rate by 25 basis points to 4.35%, marking its third increase this year as policymakers respond to persistent inflationary pressures and rising global risks.
In its statement, the RBA pointed to escalating geopolitical tensions as a key driver behind its decision.
Carnavale Resources Ltd (ASX:CAV, FRA:YBB) has appointed long-time chief executive Humphrey Hale as managing director, a move that keeps leadership continuity in place as the company advances its Kookynie Gold Project towards production.
The appointment takes effect immediately and comes at a pivotal stage for Carnavale, with a bankable feasibility study (BFS) under way and targeted for completion in early Q3 2026.
Resource Minerals International Ltd (ASX:RMI) has secured $3.5 million in fresh capital to fund an upcoming drill campaign in Tanzania and advance exploration across its Saudi Arabian projects, as the company moves into an active second half of 2026.
The placement, supported by existing shareholders and new sophisticated investors, was priced at $0.04 per share, representing a 6.98% discount to the last traded price before the company entered a trading halt.
Astral Resources NL (ASX:AAR) has pointed to growing upside at its flagship Mandilla Gold Project in Western Australia, with early diamond drilling indicating the system may extend well beyond current resource limits, while new high-grade results from nearby Spargoville add to the broader development picture.
The update combines early-stage visual results from deep drilling at the Theia deposit, ongoing work to support a definitive feasibility study (DFS) and fresh assays from the 5B deposit at Spargoville — all feeding into the company’s push to advance Mandilla towards development.
Australian household spending rose 1.6% in March, accelerating from modest gains of 0.3% in February and 0.2% in January, according to the Australian Bureau of Statistics (ABS).
The latest data points to a 6.3% year-on-year increase in nominal spending compared to March 2025, highlighting continued pressure on household budgets despite only gradual growth earlier in the year.
Solis Minerals Ltd (TSX-V:SLMN, ASX:SLM, OTCQB:SLMFF, FRA:08WA) has moved its exploration team onto site at its newly acquired Brazil Lithium Project, with work under way to refine targets and prepare for an initial drilling campaign at the Mandacaru and Campo Grande prospects.
The company said field activities are now focused on finalising land access, advancing surface mapping and positioning drill collars ahead of a planned June start for diamond drilling, marking the next phase of its push into the Araçuaí–Salinas Lithium Valley in Minas Gerais.
St George Mining Ltd (ASX:SGQ, FRA:S0G, OTC:SGQMF) has returned further thick, high-grade rare earths and niobium assays from ongoing diamond drilling at its 100%-owned Araxá Project in Minas Gerais, Brazil.
St George has completed 13,700 metres of drilling in the current Araxá campaign, excluding East Araxá, with drilling continuing around the clock.
Alkane Resources Ltd (ASX:ALK, OTC:ALKEF) has confirmed it will release its Q3 FY2026 operating and financial results on May 15, with management set to host a webcast and conference call to walk investors through the update.
Managing director and CEO Nic Earner and CFO James Carter will present the results and take questions following the release, with investors able to participate via the following:
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.
Nexus Minerals Ltd (ASX:NXM, FRA:YAK) has taken a formal step towards mining the Crusader-Templar gold deposit at its 100%-owned Wallbrook Gold Project in Western Australia, signing a memorandum of understanding with Macro Gold Mining Services Pty Ltd (MGMS).
The MoU covers a planned open-pit gold mining operation at Crusader-Templar, which sits around 140 kilometres northeast of Kalgoorlie and hosts a combined JORC 2012 mineral resource estimate of 304,000 ounces at 1.7 g/t gold.
Elixir Energy Ltd (ASX:EXR, OTC:ELXPF) has completed stimulation of the Diona-1 exploration well in Queensland’s Surat-Bowen Basin, with positive indications observed during operations.
The company, which operates and holds 49% of the ATP2077 Diona sub-block joint venture alongside Xstate Resources Ltd (51%), said all target zones in the well had been successfully stimulated after rigging up the fracture stimulation spread.