Tetragon Energy Ltd (ASX:TET) has started trading on the ASX after completing a $4 million IPO, with the newly listed company moving immediately to advance its Philippines oil and gas portfolio.
The Perth-based energy company raised the funds at 20 cents per share, giving it a market capitalisation of $8 million at the listing price. The IPO comprised 20 million new fully paid ordinary shares, alongside an in-specie distribution of 19,700,408 shares to Triangle Energy shareholders, resulting in 39,700,408 shares on issue.
In a good day for IPOs, FDC Consolidated Holdings Limited (ASX:FDC) has also started trading on the Australian Securities Exchange (ASX), marking a major milestone for the Australian construction and fitout group after 36 years in business.
The company listed under the ticker code FDC with a market capitalisation of $969 million at the IPO offer price of $3.00 per share, after raising $400 million through its initial public offering. Existing shareholders retained about 60% of the business following the listing.
Yield Guild Games (YGG) has launched vibecode.game, a new editorial and discovery platform for vibe-coded games, in partnership with Minds by Animoca Brands, as the two Web3 and digital economy players look to support the next wave of AI-assisted game creators.
The launch is being marked by the vibecode.game X Minds by Animoca Brands Corporation Ltd (Unlisted (AU):AB1)'s Game Jam, a four-week global virtual competition that will showcase how AI agents, rapid development tools and permissionless web publishing can help creators build and release playable games.
Cobre Ltd (ASX:CBE) has completed a strongly supported A$90 million placement, giving the company fresh capital to increase its exposure to the Sierra Atacama Copper Mine in Chile and fast-track production, development and exploration.
The placement received firm commitments from institutional, sophisticated and professional investors for about 300 million new fully paid ordinary shares at A$0.30 per share. It will be completed across two tranches, with Tranche 1 raising about A$72 million and Tranche 2 expected to raise about A$18 million, subject to shareholder approval.
ReNerve Ltd (ASX:RNV, OTC:RNVEF) has secured a convertible note funding facility of up to A$5 million with RiverFort Global Opportunities PCC Ltd, strengthening its balance sheet as it advances the commercial rollout of its nerve repair technology platform.
The facility gives ReNerve access to staged funding over a three-year availability period, with an initial drawdown of about A$1.6 million in gross proceeds to support near-term commercial and operational requirements.
Pantoro Gold Ltd (ASX:PNR, OTC:PNTOF, FRA:RKN) is targeting a lift in gold production in FY2027 as operational changes, new ore sources and ongoing investment across its 100%-owned Norseman Gold Project in Western Australia begin to take effect.
The company has set FY2027 production guidance of 90,000 to 105,000 ounces at an all-in sustaining cost of $2,800 to $3,400 per ounce, following FY2026 production of 77,408 ounces, including 18,028 ounces in the June quarter.
Surefire Resources NL (ASX:SRN, FRA:GBL) has signed a Heads of Agreement with Australian Flow Batteries Pty Ltd (AFB), positioning its Victory Bore Vanadium Project in Western Australia for downstream processing test work linked to Australia’s emerging vanadium flow battery supply chain.
Under the agreement, Surefire will provide AFB with a representative concentrate sample from Victory Bore for hydrometallurgical testing using AFB’s proprietary processing technology. The work will assess vanadium recovery performance, titanium dioxide and iron co-product recovery potential, and generate data to support future downstream processing pathways.
Pilbara Gold Ltd (ASX:PGL) has kicked off a major reverse circulation drilling program at its Roe Hills Gold Project near Kalgoorlie, targeting a 1.8-kilometre bedrock gold corridor that has not seen exploration at the Terra and Caliburn prospects for eight years.
The company has begun up to 12,000 metres of RC drilling across the two prospects, with most of the program focused on Terra and 1,600 metres earmarked for Caliburn. Drilling is expected to take around 2.5 months and be completed this quarter.
Astral Resources NL (ASX:AAR) has returned strong high-grade gold assays from in-fill drilling at the Theia deposit, reinforcing confidence in the Stage 1 open pit development plan for its 100%-owned Mandilla Gold Project near Kalgoorlie in Western Australia.
Mandilla includes the Theia, Iris, Eos and Hestia deposits and sits in the northern Widgiemooltha greenstone belt, a region that hosts major gold operations including the Golden Mile Super Pit, St Ives and Beta Hunt. In April 2026, Astral announced a mineral resource estimate of 53.5 million tonnes at 1.0 g/t gold for 1.74 million ounces of contained gold at Mandilla.
Cyprium Metals Ltd (ASX:CYM, OTCQB:CYPMF) has identified extensive copper mineralisation within the historical waste dump at its Nifty Copper Complex in Western Australia, pointing to a potential new feed source for the company’s phased copper cathode restart strategy.
The copper developer said a recent reverse circulation drilling program had targeted visible copper mineralisation in the waste dump next to the historical oxide open pit, with metallurgical test work now planned to assess mineralisation characteristics and leaching performance.
Telstra Corporation Ltd (ASX:TLS)’s nationwide outage has become more than a telco story. It has exposed how deeply Australia’s transport, payments, emergency response and small business systems now depend on mobile connectivity.
The disruption, which hit on Wednesday, affected mobile calls and data across the country, leaving some users unable to connect, businesses unable to process payments and regional train networks without reliable communications. Telstra said the issue was caused by a software defect affecting specialised network nodes used for time synchronisation, with no evidence of malicious activity.
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.
Alkane Resources Ltd (ASX:ALK, OTC:ALKEF) has ended FY2026 in the top half of production guidance after delivering 42,491 gold-equivalent ounces in the June quarter and lifting closing cash by $104 million to $432 million.
The company produced 168,337 gold-equivalent ounces for the full year, placing it in the upper half of its 160,000 to 175,000-ounce guidance range.
The S&P/ASX Small Ordinaries index was weaker on Wednesday, falling 43.70 points, or 1.27%, to 3,390.80.
The move extended recent weakness for the small-cap benchmark, which is now down 56.10 points, or 1.63%, over the past five trading days.
Nexus Minerals Ltd (ASX:NXM) is set to take full control of the Pinnacles Gold Project in Western Australia’s Eastern Goldfields after agreeing to acquire Northern Star Resources Ltd (ASX:NST)’s remaining 10% interest in the project.
The deal lifts Nexus’ ownership of Pinnacles to 100% and will terminate the existing joint venture with Northern Star, giving Nexus full operational and strategic control of the high-grade gold asset.
Lynas Rare Earths Ltd (ASX:LYC, OTC:LYSCF) has deepened its push into the global rare earth magnet supply chain, signing a long-term partnership with South Korea’s JS Link to support the development of a new magnet manufacturing plant in Kuantan, Malaysia.
The deal builds on a memorandum of understanding signed in July 2025 and could provide a significant downstream growth avenue for Lynas, given the exclusive nature of the supply arrangement and the long contract period through to 2038.
Netwealth Group Ltd has secured a major platform agreement with Morgan Stanley (NYSE:MS) Wealth Management Australia, marking its first significant client win from a strategic push into the stockbroking and private wealth market.
Under the deal, Netwealth will provide MSWM advisers with access to a domestic investment platform covering ASX-listed securities, managed accounts, managed funds, cash and term deposits, as well as integrated reporting and a branded mobile experience.
WiseTech Global founder Richard White has stepped down as chairman of the logistics software company, with independent director Raelene Murphy taking over the role as the group moves to address governance concerns and media scrutiny around its billionaire founder.
The company told the ASX that Murphy, who joined the board in January and became lead independent director in May, had been appointed independent chair with immediate effect.
Northern Minerals Ltd (ASX:NTU) has notified Treasury that China-linked investors ordered to sell down their holdings in the company appear to have largely retained their stakes, escalating a foreign investment compliance issue around one of Australia’s key heavy rare earths projects.
The company, which is developing the Browns Range Heavy Rare Earths Project in Western Australia’s Kimberley region, told ASX investors it had reviewed its share register following a divestment order issued by Treasurer Jim Chalmers on May 17.
VanEck is set to launch Australia’s first AI-driven international equity ETF, giving ASX investors access to a portfolio that uses generative reinforcement learning to identify global stock opportunities.
The VanEck Dynamic International Equity ETF (ASX: GOAT) will begin trading on Monday, July 20, and will track the Akros Enhanced World ex Australia Index.
Alterity Therapeutics Ltd (ASX:ATH) has received official US Food and Drug Administration meeting minutes confirming a registrational pathway for ATH434, its lead drug candidate for Multiple System Atrophy (MSA).
The FDA minutes confirm the previously announced End-of-Phase 2 meeting outcomes and provide further detail on the planned Phase 3 protocol. Importantly, the regulator agreed that a single pivotal Phase 3 trial, supported by confirmatory evidence, could support approval of ATH434 for the treatment of MSA.
FOS Capital Ltd (ASX:FOS) has strengthened its healthcare infrastructure credentials after securing a lighting contract worth about $1 million for the Monash Medical Clinic Tower Expansion in Victoria.
The contract, awarded to FOS through its wholly owned subsidiary FOS Lighting Pty Ltd, involves the supply of specialised high-performance lighting solutions across the expanded healthcare facility.
Imugene Ltd (ASX:IMU, OTC:IUGNF, FRA:ILA) is raising about A$11.12 million before costs through a two-tranche placement, strengthening its balance sheet as it advances its lead cell therapy asset azer-cel through key clinical and regulatory milestones.
The placement follows positive early clinical data from Cohort 3 of Imugene’s ongoing Phase 1b azer-cel study, where the first two evaluable patients in the concurrent BTKi combination cohort achieved complete responses.
SpaceX Corp (NASDAQ:SPCX)’s Starlink mobile ambitions are beginning to sharpen the debate around Australia’s next phase of telecommunications competition, as satellite-to-phone services move beyond emergency messaging and toward broader mobile connectivity.
While current direct-to-phone satellite services remain limited, Starlink’s global network, expanding Direct to Cell technology and existing local partnerships suggest the company could eventually play a more direct role in Australia’s mobile market.
Pilbara Gold Ltd (ASX:PGL) is accelerating exploration and study work at its flagship 2.1-million-ounce Mt York Gold Project in Western Australia’s Pilbara, with five drill rigs active on site and a sixth rig due to join by the end of July.
The company has completed 13,748 metres of a planned 50,000-metre-plus drilling program, with first assays expected from late July as laboratories in Perth continue to report extended turnaround times.
Lightning Minerals Ltd (ASX:L1M) (Lightning Minerals Ltd (ASX:L1M)) has completed its Western Zone soil geochemistry program at the wholly owned Mt Turner Gold Project in northern Queensland, moving the company closer to refining its next round of gold drill targets.
The field program collected 551 systematic soil samples across the highly prospective 5-kilometre Western Zone structure, along with 12 rock samples made up of gossanous breccias and altered intrusives.
Greatland Resources Ltd (AIM:GGP, OTC:GRLGF, FRA:G8G, ASX:GGP) told investors that its full-year gold production topped guidance after a June quarter that also lifted its cash balance to almost US$1.3 billion with no debt.
The AIM- and ASX-listed miner produced 79,099 ounces of gold and 3,573 tonnes of copper in the three months to 30 June 2026, taking full-year production to 328,986 ounces of gold and 14,594 tonnes of copper.
NewPeak Metals Ltd (ASX:NPM, OTC:NPMFF, FRA:NPM) shares surged in morning trade after the company confirmed a large-scale gold-zinc-silver discovery from the first hole of its 2026 drilling program at the 100%-owned Las Opeñas Gold Project in San Juan Province, Argentina.
The stock surged as high as A$0.031 in morning trade, representing an intraday gain of about 107% from its previous close of A$0.015. The stock is currently up 66.6% intraday (1pm).
Krakatoa Resources Ltd (ASX:KTA, LSE:, AIM:) has secured firm commitments to raise $1.6 million through a strongly supported placement, giving the company fresh funding to advance its 2026 exploration program at the Zopkhito Antimony-Gold Project in Georgia.
The placement will see Krakatoa issue about 400 million new fully paid ordinary shares at $0.004 per share to new and existing wholesale and sophisticated investors.
AuMEGA Metals Ltd (ASX:AAM, TSX:AUM, OTCQB:AUMMF, FRA:FRA: MA30) has appointed experienced mining executive and geologist Rafael Gradim as president, effective August 1, 2026, as the company advances exploration across its district-scale gold portfolio in Newfoundland and Labrador, Canada.
Michael Skead has stepped down as president, effective immediately, for personal reasons. Gradim will be based in Toronto and will take responsibility for AuMEGA’s exploration activities, including planning, execution and advancement of exploration programs across the company’s land package.
Noble Helium Ltd (ASX:NHE, OTC:NBHEF, FRA:GN1) has appointed experienced oil and gas finance executive Jani Surjan as chief financial officer, effective July 6, 2026, as the company prepares for the next stage of development at its North Rukwa helium project in Tanzania.
The appointment follows Owain Franks’ transition from the CFO role and forms part of Noble’s planned refocusing of its board and management team.
Nine Entertainment and Microsoft have signed an Australian-first agreement that will allow Microsoft Copilot to reference Nine’s journalism when generating AI search responses, marking a new step in the relationship between publishers and artificial intelligence platforms.
Under the deal, Copilot will be able to draw on text from Nine’s mastheads beyond standard paywalled previews to help “ground” AI-generated answers in verified reporting.
Greatland Resources Ltd (AIM:GGP, OTC:GRLGF, ASX:GGP) has delivered full-year gold production of 328,986 ounces, beating the top end of its FY26 guidance range after producing 79,099 ounces in the June quarter.
The Western Australian gold and copper producer also reported June quarter copper production of 3,573 tonnes, taking full-year copper output to 14,594 tonnes.
First Graphene Ltd (ASX:FGR, OTCQB:FGPHF) has signed a Memorandum of Understanding with The Sixth Element (Changzhou) Material Technology Co Ltd to distribute its PureGRAPH® CEM additive into China, opening a pathway into the world’s largest cement and concrete market.
The MOU appoints Sixth Element as a key distributor for PureGRAPH® CEM in China, with exclusivity available, subject to achieving annual purchase targets.
Regenerative medicine company Orthocell Ltd (ASX:OCC, OTC:ORHHF) will release its quarterly results for the period ended June 30, 2026, on Monday, July 13, 2026.
The company will also host an investor webinar on Tuesday, July 14, 2026, providing an overview of the results and an operational update, including progress on the US rollout of Remplir and other strategic initiatives.
Dalaroo Metals Ltd (ASX:DAL)'s ongoing exploration at its 100%-owned Blue Lagoon Rare Earth Project in southern Greenland is rapidly improving its understanding of a potentially large rare earth and critical minerals system.
The company’s 2026 field program has identified multiple granite units, aplite sills, beryl-bearing pegmatites and interpreted eudialyte-bearing alkaline granites, providing stronger evidence for the hard-rock source of rare earth-bearing sediments previously discovered at the project.
Alkane Resources Ltd (ASX:ALK, OTC:ALKEF) has delivered further high-grade gold-antimony results from extension and infill drilling at the True Blue deposit, 2 kilometres west of active underground workings at its Costerfield Operation in central Victoria.
Importantly, the latest program added 33 holes targeting the Freeman veining within the True Blue deposit.
The S&P/ASX Small Ordinaries index [XSO] finished higher on Friday, adding 42.80 points, or 1.26%, to close at 3,439.80.
The move also left the small-cap benchmark modestly ahead over the past five sessions, up 7.40 points, or 0.22%, as investors continued to assess company-specific updates across resources, energy, materials and technology-linked sectors.
