49 Metals Ltd (ASX:49M) has delivered its best gold intercept to date at the Gold Mountain Project in Nevada, with reverse circulation drilling returning a high-grade oxide gold result from hole DRC#9.
The standout assay was 9.1 metres at 21.9 g/t gold from 224 metres, within a broader intercept of 27.4 metres at 8.3 g/t gold from 221 metres.
Alkane Resources Ltd (ASX:ALK, OTC:ALKEF) has commenced diamond drilling at the Nagambie Antimony-Gold Project in Victoria, according to a market update from joint venture partner Nagambie Resources Ltd (ASX:NAG), marking the first on-ground exploration activity since the companies formalised an earn-in agreement over the highly prospective tenure earlier this year.
The drilling program is being carried out by Alkane subsidiary Mandalay Resources Costerfield Operations Pty Ltd and is targeting the antimony-gold discovery at the historic Nagambie Mine.
The artificial intelligence boom has long been dominated by a handful of familiar names. Nvidia makes the chips. Microsoft, Amazon and Google provide the cloud infrastructure. Investors have largely focused on whoever controls the most powerful models.
But as AI adoption accelerates, a new bottleneck is emerging: getting computing power into the hands of businesses that actually want to use it.
Elon Musk’s SpaceX is expected to finalise terms for its initial public offering as early as Thursday morning, setting up what could become the largest sharemarket debut on record.
The rocket launch, satellite and artificial intelligence company is seeking to raise up to US$75 billion, or about A$104 billion, in a float that would far surpass Saudi Aramco’s US$29.4 billion listing in 2019.
Rokeby Resources (ASX:RMT) has kicked off a nine-hole, 2,180-metre diamond drilling program at the high-grade Sunnyside deposit within the Omeo Gold Project in north-east Victoria.
Copper surged above US$14,000 per ton while aluminium climbed to its highest level in more than four years as growing concerns over supply constraints and strong demand expectations outweighed ongoing uncertainty surrounding the Middle East conflict.
Base metals have started June strongly, supported by expectations of tightening global supply. Aluminium markets remain under pressure amid concerns over potential disruptions linked to the US-Iran conflict, while copper traders are positioning ahead of a key tariff decision from the Trump administration that could further tighten availability.
Australia's economy grew just 0.3% in the March quarter as cyclone-related disruptions hit exports, government spending weakened and consumers remained cautious, according to new figures from the Australian Bureau of Statistics (ABS).
Annual growth held at 2.5%, but exports recorded their biggest quarterly decline in two years and net trade subtracted 0.8 percentage points from GDP growth.
PMET Resources (ASX:PMT) has reported a series of high-grade lithium, caesium and tantalum discoveries from surface exploration programs across its James Bay properties in Quebec, highlighting the broader prospectivity of its flagship Shaakichiuwaanaan project and surrounding regional assets.
The company identified new mineralised pegmatites at Shaakichiuwaanaan, Pontois and Pontax, with standout results including 16.43% caesium oxide (Cs₂O), 2.94% lithium oxide (Li₂O) and 3,768 parts per million tantalum pentoxide (Ta₂O₅) from surface sampling.
OMG Group Ltd (ASX:OMG) has delivered a strong fourth-quarter trading update, with net sales on a moving annual total (MAT) basis reaching about $6.2 million to May 2026, up 57% on the prior corresponding period.
The result builds on the $6 million MAT milestone reported at the end of the March quarter and reflects continued growth across the company’s Blue Dinosaur, Oat Milk Goodness and matcha platforms.
Careteq Ltd (ASX:CTQ) has appointed experienced company director and Chartered Accountant Leonard Math as a non-executive director, effective immediately, as Brett Cheong steps down from the board.
Math brings more than 18 years’ experience across ASX-listed companies and private enterprises, including public company compliance, corporate governance, statutory reporting and shareholder relations.
Lightning Minerals Ltd (ASX:L1M, FRA:YZ1) is raising $1.85 million through a strongly supported placement, with the money to go to accelerating exploration across its Australian gold and copper portfolio, led by the flagship Mt Turner Gold Project in Queensland.
The placement attracted support from both existing shareholders and new institutional investors, with management describing the raise as an endorsement of the company's strategic reset announced in April, which repositioned Lightning as a gold-focused explorer while retaining exposure to copper opportunities.
Dalaroo Metals Ltd (ASX:DAL) has outlined a large-scale gold anomaly at its Gold Ridge prospect in Côte d'Ivoire, with soil sampling returning a peak result of 2,188 parts per billion (ppb) gold and defining a coherent mineralised corridor extending about 4.3 kilometres along strike.
The results come from a Priority 1 soil geochemistry program at the company's Bondoukou Gold Project and strengthen its case for a potentially significant structurally controlled gold system within the country's prolific Birimian Greenstone Belt.
Percheron Therapeutics Ltd (ASX:PER, OTC:PERCF) has unveiled new preclinical data suggesting its lead cancer therapy HMBD-002 could help address treatment resistance in triple-negative breast cancer (TNBC), one of the most aggressive and difficult-to-treat forms of the disease.
The findings were presented at the American Society of Clinical Oncology (ASCO) Annual Meeting in Chicago and stem from a research collaboration with Brisbane-based QIMR Berghofer Medical Research Institute led by Professor Sudha Rao.