Alkane Resources Ltd (ASX:ALK, OTC:ALKEF) has reported further high-grade gold results from near-mine drilling at the Björkdal Gold Mine in Sweden, with new intercepts extending mineralisation at depth and supporting the company’s push to grow resources and mine life.
The latest program comprised 29 growth and infill diamond drill holes for 15,568 metres, focused on the Eastern and Northern extensions of the underground mine.
The S&P/ASX Small Ordinaries Index (ASX) was lower yesterday, falling 26 points, or 0.77%, to 3,364.80.
Despite the daily decline, the small-cap benchmark remains 45.10 points, or 1.32%, higher over the past five days.
Sovereign Metals Ltd (ASX:SVM, OTCQX:SVMLF, AIM:SVML, FRA:SVM) told investors it will keep direct control of the Kasiya rutile-graphite project in Malawi and sharpen its US critical minerals strategy after Rio Tinto declined an option to become project operator.
Rio Tinto told Sovereign the decision reflected a change in corporate strategy and a strategic review of its iron and titanium business.
Greatland Resources Ltd (AIM:GGP, OTC:GRLGF, FRA:G8G, ASX:GGP) has strengthened its executive team with the appointment of experienced mining engineer Nick Strong as chief operating officer, putting him in charge of operations at Telfer and Havieron from 5 October 2026.
Strong brings more than 25 years of operational and leadership experience across the mining industry, mainly in gold and base metals, with previous roles at Northern Star Resources, Rio Tinto and Newcrest Mining.
Redcape Hotel Group, a fund managed by ASX-listed MA Financial (ASX:MAF), has acquired a portfolio of NSW pubs and hotels from prominent publican Sam Arnaout's Iris Capital in a transaction worth close to $500 million, ranking among the largest freehold pub deals struck in Australia.
Highlights
ResMed Inc. (ASX:RMD) has moved to simplify its business and sharpen its focus on sleep, breathing and connected home healthcare, agreeing to sell its MatrixCare software unit to US private equity firm Frazier Healthcare Partners for US$490 million in cash.
The transaction, which is subject to closing adjustments and regulatory approvals, is expected to complete in the first quarter of FY27.
New report says Australia’s AI advantage lies in critical minerals, strategic data, computer vision and international influence - but warns key gaps remain in compute, data management, skills and oversight
Australia does not need to control every layer of artificial intelligence to build national power, but it must better use its strengths in critical minerals, strategic data, infrastructure and trusted adoption to gain leverage in the global AI race, according to a new Tech Policy Design Institute report.
South32 Ltd (LSE:S32, ASX:S32, FRA:32Z, OTC:SHTLF, JSE:S32) has secured a major US federal approval for its US$4.7 billion Hermosa critical minerals project in Arizona, advancing one of the company’s most important growth assets and a strategic new domestic source of zinc, manganese, silver and copper for the United States.
The US Forest Service has issued its final Record of Decision for Hermosa, completing the federal National Environmental Policy Act process after several years of environmental review, public consultation, Tribal engagement and interagency assessment.
Proteomics International Laboratories Ltd (ASX:PIQ) (Proteomics International Laboratories Ltd (ASX:PIQ)) has secured a United States patent for PromarkerEndo, its proprietary blood test for diagnosing endometriosis. This is a major commercialisation milestone in the world’s largest healthcare market.
The United States Patent and Trademark Office has granted the patent titled Endometriosis Biomarkers, providing intellectual property protection for the company’s diagnostic test and its use in treatment guidance.
KTEK AEROSYSTEMS LTD (ASX:KTK) has strengthened its position in the global defence and unmanned systems supply chain, advancing its United States expansion while establishing a new SATCOM product line through a commercial arrangement with Israeli satellite communications specialist Over-Sat Ltd.
The company has lodged an export licence application with the Netherlands Central Import and Export Office to allow components manufactured in Europe to be exported to the US and assembled at KTEK’s Los Angeles facility. If approved, the licence would create a trans-Atlantic supply corridor linking KTEK’s European production base with its US operations.
EV Resources Ltd (ASX:EVR, OTC:EVRSF, FRA:R1EA) has strengthened both sides of its antimony strategy, defining new exploration targets in Nevada while advancing a near-term production pathway at its Tecomatlán processing plant in Mexico.
The company has outlined a 10-to-12-month timeline to complete and operate a direct-to-flotation circuit at Tecomatlán using third-party ore, while maiden soil geochemistry at its 100%-owned Milton and Dollar projects in Nevada has identified structurally controlled antimony-gold and polymetallic mineral corridors.
Sovereign Metals Ltd (ASX:SVM, OTCQX:SVMLF, AIM:SVML, FRA:SVM) is prioritising a US-focused critical minerals strategy and advancing commercial and financing workstreams for its Kasiya Rutile-Graphite Project in Malawi.
The company is aiming to supply natural rutile and natural graphite to US and allied supply chains and to address gaps in secure, non-Chinese sources of critical-minerals feedstock.
Greatland Resources Ltd (AIM:GGP, OTC:GRLGF, FRA:G8G, ASX:GGP) has strengthened its executive leadership team with the appointment of experienced mining engineer Nick Strong as chief operating officer, as the company advances its integrated Telfer-Havieron mining hub in Western Australia.
Strong will join Greatland on October 5, 2026, taking responsibility for Telfer and Havieron operations, including oversight of the brownfield Havieron underground mining development.