AuKing Mining Ltd (ASX:AKN) says a recently completed airborne survey has revealed that its Tundulu Rare Earths Project in Malawi hosts a much larger carbonatite system than previously recognised, identifying multiple new drill targets ahead of a major exploration campaign.
The high-resolution drone-based magnetic and LiDAR survey has confirmed that historical drilling at Tundulu focused on only a small portion of a broader intrusive complex centred on Nathace Hill, with significant areas of the system remaining unexplored beneath shallow sedimentary cover.
The S&P/ASX Small Ordinaries Index (ASX: XSO) slipped 43.7 points, or 1.25%, to close at 3,461.5 yesterday and has eased a further 5.1 points, or 0.15%, over the past five trading days as investors continued to weigh risk sentiment across the small-cap sector.
Despite the softer broader market performance, several junior explorers have delivered operational updates this morning, highlighting drilling progress, resource expansion potential and new exploration targets across gold, rare earths and critical minerals projects.
RBC Capital Markets has initiated coverage of Sylvania Platinum (AIM:SLP), the AIM-listed platinum group metals producer, with an Outperform rating and a price target of 175p, implying 90% upside from the current share price of 92p.
The bank's investment case centres on what it describes as a systematic mispricing of the stock, which trades at 0.6x net asset value and a 20% free cash flow yield on 2027 estimates, valuations it says are more consistent with a distressed junior than a high-margin, cash-generative business.
Longspur Research has initiated coverage of Gelion PLC (AIM:GELN, OTC:GELNF, FRA:X0S), the battery materials company, with a central case valuation of 153p per share, representing nearly eight times the current share price of 19.25p.
The broker's bullish case rests on Gelion's proprietary nano-encapsulated sulfur cathode active material, a technology it says can produce batteries that outperform conventional lithium-ion chemistries while costing less to manufacture, even when made in the West.
Neurotechnology has generated no shortage of attention in recent years, particularly as advances in brain-computer interfaces and neural sensors have moved from university laboratories into the commercial sector. The challenge has been finding applications that can be deployed at scale.
A new update from Control Bionics Ltd (ASX:CBL) offers a glimpse of how parts of the sector are starting to build commercial momentum by targeting practical applications rather than futuristic ones.
Critical Resources Ltd (ASX:CRR, FRA:9S70) has strengthened its board with the appointment of technology entrepreneur and executive Alfred Chong as a non-executive director, while long-serving director Nigel Broomham has stepped down from the board.
The changes took effect on June 3 and come as Critical Resources continues to broaden its focus beyond traditional mineral exploration, building out a portfolio that now spans battery technology, thermal management systems and critical minerals projects in Australia, Canada and New Zealand.
Graphene was once marketed as a breakthrough material capable of improving almost everything. As the industry moves from laboratory testing into commercial deployment, a different challenge is emerging: not whether graphene works, but how best to use it.
According to First Graphene Ltd (ASX:FGR, OTCQB:FGPHF, FRA:M11) managing director Michael Bell, that means a shift towards tailoring graphene materials to the needs of individual industries and manufacturing processes.
Treasury Wine Estates Ltd (ASX: TWE) shares rose 9.7% after the company’s investor day landed broadly in line with market expectations, with Citi noting no downgrade to near-term earnings guidance and slightly stronger longer-term margin targets.
Citi analyst Sam Teeger said FY26 earnings before interest and tax guidance of $480 million to $490 million was broadly consistent with consensus forecasts, while FY27 EBIT was expected to be at least flat on FY26.
PRO MEDICUS LIMITED (ASX:PME) has secured a five-year, $16 million contract renewal with Ohio State University Wexner Medical Centre, extending a long-standing partnership while broadening the customer’s use of the Visage imaging platform.
The renewal increases annualised revenue from the contract to around $3.2 million, representing an increase of about 78% compared with the previous agreement. The uplift is being driven by the adoption of additional workflow and cardiology modules alongside Pro Medicus’ core imaging offering.
Lumos Diagnostics Holdings Ltd (ASX:LDX, OTC:LDXHF) will host a virtual investor briefing on Thursday, June 11, at 10:30am AEST to provide an update on the US commercialisation of FebriDx® following FDA CLIA waiver clearance.
Director of US Sales Tommy Hall and PHASE Scientific vice president of commercial operations Bob Gergen will outline progress since CLIA waiver status was received, including the rollout of FebriDx across more than 100 healthcare locations in 18 US states.
Atomic Eagle Ltd (ASX:AEU, FRA:6QZ0) has upgraded its US trading platform to the OTCQX Best Market, a move the company says will improve access to North American investors as nuclear power regains momentum in US energy policy.
The uranium explorer and developer has commenced trading on OTCQX under the ticker AEUXF after graduating from the OTCQB Venture Market. The company will continue trading on the ASX under the code AEU.
Janus Electric Holdings Ltd (ASX:JNS) has reported further progress in its North American expansion strategy, with additional conversion kit orders, infrastructure development milestones and battery deployment plans supporting its push into the US and Canadian heavy transport markets.
Activity across customer deployments, charging infrastructure and commercial development continues to align with its three-horizon growth strategy as it builds its presence in key freight and logistics hubs.
Nexus Minerals Ltd (ASX:NXM, FRA:YAK) has returned high-grade gold results of up to 19.00 g/t from reverse circulation (RC) drilling at the Payns Prospect within the Wallbrook Gold Project, about 140 kilometres northeast of Kalgoorlie in Western Australia.
The results are from the first 30 RC holes for 2,224 metres at Payns, part of 79 holes for 6,040 metres completed at the prospect.
First Graphene Ltd (ASX:FGR, OTCQB:FGPHF, FRA:M11) has struck a deal to acquire the assets, intellectual property and product portfolio of US-based MITO Material Solutions, a move that significantly broadens its graphene technology offering while establishing a direct commercial platform in the world's largest advanced materials market.
First Graphene will acquire MITO's product lines, manufacturing equipment, client agreements and intellectual property under an agreement valued at A$850,000, comprising A$275,000 in cash and up to A$575,000 in performance-linked shares.
Lightning Minerals Ltd (ASX:L1M, FRA:YZ1) has confirmed widespread high-grade tungsten mineralisation from initial reconnaissance rock chip sampling at its 100%-owned Warby Project in North Queensland.
The company received assays from 14 rock chip samples collected from historical workings across eight vein systems, with tungsten values ranging from 750 ppm tungsten to more than 50,000 ppm, or greater than 5% tungsten.
Elixir Energy Ltd (ASX:EXR, OTC:ELXPF) has started the next phase of work at its high-impact Lorelle-3H appraisal well in ATP2056 in Queensland’s Taroom Trough, with a Diagnostic Fracture Injection Test (DFIT) now underway.
The DFIT, being conducted with Halliburton at the toe end of the horizontal well, is designed to measure reservoir pressure in the Tinowon ‘Dunk’ Sandstone and gather data to support the final design of the multi-stage stimulation and testing program.
AuMEGA Metals Ltd (ASX:AAM, TSX:AUM, OTCQB:AUMMF, FRA:FRA: MA30) has mobilised field crews to southwestern Newfoundland and Labrador, kicking off a major 2026 exploration campaign that will lead into diamond drilling at priority gold and critical minerals targets along the Cape Ray Shear Zone.
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.
The S&P/ASX Small Ordinaries Index (ASX: XSO) finished at 3,505 points, down 6.4 points or 0.18% in the latest session, but remains up 48 points or 1.39% over the past five trading days, reflecting continued resilience across the small-cap sector despite broader market volatility.
Gold explorers and consumer brands have delivered key updates this morning. You can read about those companies and more throughout the day.
Shares in Gelion PLC (AIM:GELN, OTC:GELNF, FRA:X0S), the sulfur battery company, rose 16% to 20.52p after it announced a three-year collaboration with Nissan and the University of Oxford to develop next-generation solid-state electric vehicle batteries using its proprietary Nano-Encapsulated Sulfur cathode technology.
The £3.4 million project, named CoRe-SoLiS, has secured £2.4 million in combined grant funding from Innovate UK under its Battery Innovation Concept Development Round 1 competition, with £1.6 million awarded directly to Gelion's UK subsidiary.
Aura Energy Ltd (ASX:AEE, AIM:AURA) shares rose 16.5% to 7.28p on Tuesday after the uranium developer announced a memorandum of understanding with an unnamed major international nuclear power company and set a target date for a final investment decision on its Tiris project in Mauritania by the end of 2026.
The MOU covers potential strategic equity investment, uranium offtake arrangements, technical collaboration and funding support, and formalises a relationship the company says has been building over several months.
PRO MEDICUS LIMITED (ASX:PME) shares have extended their gains for a second straight session as investors respond to a fresh wave of US contract wins, renewals and management's increasingly confident stance on artificial intelligence.
The medical imaging software company is up more than 6% at 12:30 pm AEST on Tuesday after notching a nearly 10% gain on Monday, following a series of major contract announcements and comments from chief executive Dr Sam Hupert pushing back against suggestions that AI will undermine established healthcare software providers.
Almost three million Australian workers will receive a pay increase from July 1 after the Fair Work Commission (FWC) handed down a larger-than-expected annual wage review aimed at helping employees recover purchasing power lost during the post-pandemic inflation surge.
The commission lifted minimum and award wages by 4.75%, benefiting around 2.9 million workers, while approximately 100,000 of the nation's lowest-paid employees will receive a 6% increase.
Engineering services company Tasmea Ltd (ASX:TEA) surged 16.1% after unveiling plans to acquire specialist contractor Maxim Group in a deal worth up to $254 million, strengthening its position in fast-growing infrastructure, electrification and data centre markets.
The transaction, expected to complete around July 1 subject to ACCC approval, comprises $112 million in cash, $72 million in Tasmea shares and up to $70 million in earn-out payments tied to EBIT performance.
Northern Star Resources Ltd (ASX:NST) shares jumped 10.3% after activist hedge fund Elliott Management revealed it had built a stake worth more than $US1 billion in the gold miner and called for urgent changes to address operational and strategic shortcomings.
The $US80 billion Florida-based investor said Northern Star had suffered from operational missteps, cost overruns and inconsistent strategic direction, contributing to production downgrades and the recent departure of chief executive Stuart Tonkin.
Avira Resources Ltd (ASX:AVW) has started its inaugural 4,500-metre reverse circulation (RC) drilling program at the Mt Cattlin Gold Project in Western Australia, targeting extensions to known high-grade gold mineralisation and testing two additional prospects.
The program is focused on the Sirdar and Maori Queen deposits, where previous drilling has returned high-grade intersections including 1 metre at 131.24 g/t gold, 6 metres at 50.07 g/t and 2 metres at 31.65 g/t.
Simble Solutions Ltd (ASX:SIS) has entered into a strategic research partnership with Macquarie University to accelerate the development and commercialisation of its exclusive nanosensor technology, expanding its potential applications across sectors ranging from soft robotics and healthcare to industrial monitoring and environmental protection.
The collaboration builds on Simble's acquisition of Next Nano Pty Ltd, which holds an exclusive licence from Macquarie University to develop and commercialise the technology. Under the new agreements, the university and Simble will jointly fund a two-year research program designed to advance the platform towards commercial deployment.
EV Resources Ltd (ASX:EVR) has signed three additional non-binding memorandums of understanding (MOUs) with regional antimony miners, lifting potential third-party feedstock supply for its Tecomatlán Processing Plant in Puebla, Mexico, to more than 50% of plant capacity.
The company now has four non-binding MOUs covering 2,330–2,430 tons per month of feedstock, equivalent to about 50%–60% of Tecomatlán’s nameplate capacity based on a 28-day operating month.
HAWK RESOURCES LIMITED (ASX:HFC) has confirmed strong near-surface copper mineralisation from laboratory assays on drill hole DD26CT003 at the Cactus Corridor within its Cactus copper-gold project in Utah, USA.
Copper intersections include:
St George Mining Ltd (ASX:SGQ, FRA:S0G, OTC:SGQMF) has welcomed Amperex Technology Limited (ATL), one of the world's largest lithium-ion battery manufacturers, onto its share register through a strategic $2 million investment that strengthens ties between the two companies while increasing exposure to St George's flagship Araxá niobium and rare earths project in Brazil.
The investment forms part of a restructure of the Lithium Star joint venture, established by St George and ATL in 2023 to explore for lithium in Western Australia. Under the revised arrangement, St George will acquire ATL's 10% stake in Lithium Star, making the company a wholly owned subsidiary.
Greatland Resources Ltd (AIM:GGP, OTC:GRLGF, FRA:G8G, ASX:GGP) has secured a US$500 million corporate debt facility and approved the final investment decision for Havieron, giving the company funding firepower to advance one of Australia’s major gold-copper development projects.
The facility has been agreed with a lending syndicate comprising ANZ, ING, HSBC, NAB and Westpac, and follows a binding commitment letter announced in December 2025. Greatland said the key terms remain consistent with that earlier commitment, including no mandatory hedging requirement.
As options and derivatives become increasingly accessible through online trading platforms, more Australian investors are incorporating them into their portfolios. Some use options to generate income through covered call strategies, others seek portfolio protection through put options, while more sophisticated traders actively speculate on short-term market movements using derivatives writes, director of Tax Communications at H&R Block (NYSE:HRB) Australia, Mark Chapman.
While the investment opportunities can be attractive, H&R Block Australia regularly sees investors caught out by tax consequences that are often misunderstood.
Over the past year, 4DMedical Ltd (ASX:4DX) has been steadily building its presence inside some of America's most influential healthcare institutions.
The respiratory imaging specialist is now taking its technology into a much larger market.
AI may be transforming the technology sector, but its growth depends on something far more traditional: electricity.
The rapid expansion of data centres is forcing tech companies to think beyond servers and semiconductors, with energy supply emerging as one of the sector's biggest long-term challenges.
ReNerve Ltd (ASX:RNV, OTC:RNVEF) has executed a distribution agreement with Swedish Trading Company Limited (STC) to commercialise its NervAlign products across Hong Kong, Macau and the Greater Bay Area.
The agreement follows ReNerve’s recently announced expanded product approval across the jurisdictions and covers a combined addressable population of about 88 million people.
Memphasys Ltd (ASX:MEM, OTC:MPHSF, FRA:IG7) has secured its first commercial partnership in South-East Asia, signing an exclusive agreement with TMSC Viet Nam Medical Technology Company Limited for the sale and distribution of its Felix™ sperm separation system in Vietnam.
The two-year agreement is valued at A$530,000 and marks a further expansion of Memphasys’ international commercialisation network, which already covers Europe, MENA, Japan and India.
Fortifai Ltd (ASX:FTI, OTC:FTILF, FRA:9UQ0) has appointed seasoned Silicon Valley executive Kelly Herrell as chief executive officer of the company and its AI infrastructure subsidiary Nol8, effective June 1, 2026.
Herrell brings 30 years of operating experience in technology infrastructure, with a track record of scaling disruptive software and silicon-based businesses from early-stage growth through to IPO and acquisition exits. He has held senior roles across companies that have collectively generated more than US$12 billion in M&A and IPO exit value.
Greatland Resources Ltd (AIM:GGP, OTC:GRLGF, FRA:G8G, ASX:GGP) has locked in a $500 million corporate debt facility and formally approved the development of its flagship Havieron gold-copper project, strengthening its funding position as it prepares to build one of Australia's largest new gold-copper mines.
The company said the new facility, arranged with a lending syndicate of ANZ, ING, HSBC, NAB and Westpac, combined with its existing cash position leaves it fully funded for Havieron's development.