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                        <id>http://newswires.com.au/feed</id>
                                <link href="http://newswires.com.au/feed"></link>
                                <title><![CDATA[ASX Small Cap Newswires Feed]]></title>
                                <description></description>
                                <language></language>
                                <updated>Mon, 18 May 2026 13:52:00 +1000</updated>
                        <entry>
            <title><![CDATA[Alicanto sees beyond Mt Henry and Selene’s known mineralisation]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/alicanto-sees-beyond-mt-henry-and-selenes-known-mineralisation-20260518" />
            <id>https://newswires.com.au/140124</id>
            <author>
                <name> <![CDATA[mining.com.au]]></name>
            </author>
            <summary type="html">
                <![CDATA[Alicanto Minerals (ASX:AQI) has extended known mineralisation at both the Mt Henry and Selene deposits from the first assays returned in the ongoing drilling campaign.



Drilling has extended known mineralisation by 75m down plunge at Mt Henry and 100m at Selene, with all six step-out holes intersecting thick sulphide-bearing banded iron formation mineralisation outside the existing resource areas.



The Mt Henry and Selene deposits currently account for most of the greater project’s 915,000-ounce resource estimate. 



Assays returned from Selene include 28.6m @ 2 grams per tonne gold from 224m, including 12.4m @ 2.8g/t gold from 228m and 3.2m @ 4g/t gold from 236.8m; 26.9m @ 1.6g/t gold from 207.8m, including 9.7m @ 2.5g/t gold from 225m and 5m @ 3.7g/t gold from 227m; and 39.7m @ 0.9g/t gold from 187.5m, including 9.2m @ 1.1g/t gold from 218m. 



Meanwhile, step-out drill assays from Mt Henry include 21.4m @ 1.6g/t gold from 159.6m, including 10m @ 2.8g/t gold from 166m; and 9.5m @ 3.5g/t gold from 176.5m, including 3.1m @ 7.3g/t gold from 177.8m. 



Alicanto is still awaiting assays from nine holes, with drilling ongoing. The company currently has two rigs operating at the project, with another two rigs scheduled to begin drilling in late May 2026.



CEO Jeff Sansom says drilling to date marks an “outstanding start” to Alicanto’s resource growth strategy at Mt Henry. 



“These results extend gold mineralisation below and along strike of the current resource and continue to reinforce our view that there is huge scope to grow the scale of gold mineralisation across the Mt Henry Gold Project,” Sansom says. 



“Most of the current mineral resource sits within 100m of surface and there are extensive areas across the 16km-long mineralised corridor which have had little or no drilling. 



“As drilling progresses, what stands out to us is how closely the results are lining up with our modelling, which points to a thick, consistent, and large-scale system with im...]]>
            </summary>
                                    <updated>Mon, 18 May 2026 13:52:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[ASX 200 Miners Surge While Market Weakness Spreads]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/asx-200-miners-surge-while-market-weakness-spreads-20260518" />
            <id>https://newswires.com.au/140122</id>
            <author>
                <name> <![CDATA[kalkinemedia.com]]></name>
            </author>
            <summary type="html">
                <![CDATA[
Highlights

Mining stocks dominated fresh yearly highs as lithium and copper momentum strengthened.
Consumer and real estate sectors continued facing pressure amid weakening market breadth.
Rising commodity demand linked to AI infrastructure remained a major market driver.


Australian mining stocks continued leading market gains during Week Twenty-One as lithium and copper strength lifted resource companies, while broader market weakness spread across discretionary and defensive sectors.
The Australian share market delivered a mixed performance during Week Twenty-One as resource-heavy sectors continued climbing to fresh yearly highs while weakness spread across discretionary, healthcare, and property-linked stocks. Commodity-driven momentum remained firmly concentrated within mining counters as lithium and copper prices strengthened, helping major resource names outperform broader market sentiment. However, rising yearly lows across multiple sectors highlighted growing caution underneath the surface of the [ASX 200].
Miners dominate fresh yearly highs
Mining stocks remained the strongest-performing segment of the market during the week as commodity optimism continued supporting sector momentum.
Several resource companies reached fresh yearly highs amid stronger sentiment surrounding lithium, copper, and broader electrification demand themes.
Pilbara Minerals (ASX:PLS), a lithium producer with exposure to battery material supply chains, continued attracting attention as lithium pricing strengthened to its highest level in several years.
Liontown Resources (ASX:LTR), another lithium-focused company developing battery mineral projects, also remained among the strongest performers within the mining sector.
BHP Group (ASX:BHP), a diversified global miner operating across iron ore, copper, and critical minerals, reached fresh highs alongside Rio Tinto (ASX:RIO) as stronger copper and iron ore sentiment lifted heavyweight resource names.
Within the broader...]]>
            </summary>
                                    <updated>Mon, 18 May 2026 13:38:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[EOS shares halted after huge run as $175 million raising lands]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/eos-shares-halted-after-huge-run-as-175-million-raising-lands-20260518" />
            <id>https://newswires.com.au/140123</id>
            <author>
                <name> <![CDATA[fool.com.au]]></name>
            </author>
            <summary type="html">
                <![CDATA[One of the ASX's biggest defence stock winners is back in the spotlight today.



Electro Optic Systems Holdings LtdÂ (ASX: EOS) shares have been placed in aÂ trading haltÂ after the company launched aÂ capital raisingÂ of up to $175 million. 



The halt follows another strong session on Friday, when EOS shares rose 4.13% to finish at $8.82 after the company announced aÂ new MARSS contract. 



Despite being down around 7% in 2026, the stock remains up 583% over the past year.



The latest update gives investors a lot to digest as EOS looks to build on its much larger order book.



Let's take a closer look at the release.



EOS taps investors for more cash



In a statement to the ASX, EOS advised it is raising up to $175 million through a placement and share purchase plan.



The larger part is a fully underwritten $150 million institutional placement, with about 18.8 million new shares being issued at $8 apiece. 



The issue price represents a 9.3% discount to Friday's closing price of $8.82.



EOS said the placement will account for about 9.7% of its existing shares on issue.



Eligible shareholders will also be offered the chance to apply for up to $30,000 worth of new shares under the share purchase plan (SPP). 



EOS said the placement and SPP shares will rank equally with existing shares.



The company expects the trading halt to lift on Tuesday, when it plans to announce the completion of the placement.



MARSS order book grows



The raising follows another strong update from MARSS, the counter-drone business EOS is buying.



MARSS has landed new orders worth 102 million euros, or about $165 million, from an existing Middle East customer.



Those latest orders lift the MARSS order book to about $217 million. If the acquisition completes, EOS expects its combined order book to rise to $726 million. 



That's a big jump from $459 million at the end of 2025 and $136 million at the end of 2024.



The timing is also worth watching, with EOS expecti...]]>
            </summary>
                                    <updated>Mon, 18 May 2026 13:28:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[Albright tumbles across Star Minerals performance rights]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/albright-tumbles-across-star-minerals-performance-rights-20260518" />
            <id>https://newswires.com.au/140120</id>
            <author>
                <name> <![CDATA[mining.com.au]]></name>
            </author>
            <summary type="html">
                <![CDATA[Star Minerals (ASX:SMS) has begun exploration at the Tumblegum South Gold Project, which it acquired from Albright Metals (ASX:ABR), marking a milestone in the 2021 sale of the project.



Star Minerals has issued 4 million shares to Albright following the start of mining operations at Tumblegum South.



Albright CEO Greg Hill says the shares add to the company’s liquid assets, which can help fund exploration and development activities at the Golden Pike Project.



“The team at Star Minerals is to be commended for bringing the Tumblegum South Gold Project into production at a time of historically high gold prices,” Hill says.



Albright sold the Tumblegum South Project in 2021 for consideration comprising shares and performance rights in Star Minerals.



The company will receive one fully paid ordinary share in Star Minerals for each vested performance right, with Star Minerals trading at $0.053 per share at close on 15 May 2026, valuing the shares to be issued in this transaction at $212,000. 



A further 3 million performance rights will vest on the declaration of a measured resource estimate for the Tumblegum South Gold Project.



Earlier this month, Mining.com.au reported that Star Minerals had begun blast hole drilling at the project, with mining contractor MEGA Resources completing the first blast on 12 May.



Star Minerals is an Australian gold developer, bringing the Tumblegum South Gold Project near Meekatharra into production in 2026.



Albright Metals is a mineral explorer focused on antimony, copper, gold, lithium, and manganese across Australia and Canada.



Write to Maddison Elliott at Mining.com.au



Images: Star Minerals]]>
            </summary>
                                    <updated>Mon, 18 May 2026 12:58:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[Legacy’s Mt Carrington pipeline strengthened by Vrify insights]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/legacys-mt-carrington-pipeline-strengthened-by-vrify-insights-20260518" />
            <id>https://newswires.com.au/140121</id>
            <author>
                <name> <![CDATA[mining.com.au]]></name>
            </author>
            <summary type="html">
                <![CDATA[Legacy Minerals (ASX:LGM) has received results from the artificial intelligence (AI) targeting program at the Mt Carrington Project in New South Wales that used Vrify’s DORA platform across the company’s database of geological, geochemical, and geophysical information.



Three separate models were applied, focusing on gold, silver, and copper mineralisation pathfinders and resulting in 38 priority targets across the project.



The modelling confirmed previously recognised areas of interest, including Emu, Battery, and Mascotte. It also highlighted extensional trends and generated new, ranked targets across the project.



The AI tool identified six main target clusters, with Omega, Zi, Mars, and Callisto being semi-coincident with Battery, Emu, and Mascotte. Additional targets defined extensions in a north and northeast orientation from Mt Carrington and White Rock. 



The study also identified brownfields extension targets at Mt Carrington and White Rock, highlighting additional targets for resource extension beyond the existing 115-million-ounce silver equivalent mineral resource.



Managing Director Christopher Byrne says that the AI study has helped Legacy Minerals to bring together its historical data “in a disciplined way to help us rank where the next phase of value may emerge, both around known deposits and in areas that have seen limited effective follow-up”.



“The strongest outcome is the definition of 38 priority targets across the district, including brownfields targets near Mt Carrington and White Rock that may support extensions to known mineralisation, as well as regional targets such as Omega, Zi, Mars, and Callisto that add to the discovery drilling pipeline,” Byrne says.



“Importantly, these targeting outputs help us to prioritise work programs, refine drill planning, and allocate exploration capital more effectively. 



“With Mascotte assays pending, Emu Prospect drilling about to commence, and further approvals and site preparation for f...]]>
            </summary>
                                    <updated>Mon, 18 May 2026 12:47:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[StockTake: Viking cleared to drill Nevada tungsten project]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/stocktake-viking-cleared-to-drill-nevada-tungsten-project-20260518" />
            <id>https://newswires.com.au/140117</id>
            <author>
                <name> <![CDATA[stockhead.com.au]]></name>
            </author>
            <summary type="html">
                <![CDATA[Host Tylah Tully looks at Viking Mines (ASX:VKA) latest drilling approvals at the Linka tungsten project in Nevada where the the United States Bureau of Land Management has cleared the way for a 63-hole, 48-pad drilling campaign.
This marks the first sub-surface exploration at Linka in more than 40 years, and will target priority areas aiming to verify historical high-grade tungsten intercepts across a mineralised trend stretching more than 800 metres.
 
This video was developed in collaboration with Viking Mines, a Stockhead client at the time of publishing.
The interviews and discussions in this video are opinions only and not financial or investment advice. Viewers should obtain independent advice based on their own circumstances before making any financial decisions.
The post StockTake: Viking cleared to drill Nevada tungsten project appeared first on Stockhead.]]>
            </summary>
                                    <updated>Mon, 18 May 2026 12:29:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[Green light for Red Mountain to test Oaky Creek antimony with drilling]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/green-light-for-red-mountain-to-test-oaky-creek-antimony-with-drilling-20260518" />
            <id>https://newswires.com.au/140118</id>
            <author>
                <name> <![CDATA[stockhead.com.au]]></name>
            </author>
            <summary type="html">
                <![CDATA[
Red Mountain gains approval for drilling of antimony targets at Oaky Creek
Program will include up 32 holes with a maximum depth of 300m
Completed IP survey will test efficacy of different techniques in detecting antimony mineralisation

 
Special Report: Red Mountain Mining has received regulatory approval to start drilling of antimony targets at the Oaky Creek antimony prospect within its Armidale project in northern NSW.
NSW Resources Regulator approval has been granted for a reverse circulation drilling program of up to 32 holes to a maximum depth of 300m.
This will test priority targets generated from Red Mountain Mining’s (ASX:RMX) extensive surface geochemical sampling program at the Armidale antimony-gold project.
It has also completed an induced polarisation survey at Oaky Creek South using gradient array (GAIP) and dipole-dipole (DDP) techniques.
Results from the IP survey, which was completed by Fender Geophysics to test the efficacy of the two techniques in detecting alteration and antimony mineralised structures, will be used to assist in targeting drill holes to test potential deeper mineralisation at Oaky Creek South.
Conventional and auger soil sampling and rock chip results of up to 39.3% Ab and 1.09ppm Au at Oaky Creek indicated the presence of a large-scale orogenic antimony-gold vein system with a strike extent of ~3km at surface.
This is analogous to Larvotto Resources’ (ASX:LRV) Hillgrove project, Australia’s largest known antimony deposit.
 
Long Shortz with Red Mountain Mining: Big tungsten country in Montana
﻿
 
Approved drilling
A series of compelling orogenic antimony-gold targets have been defined from comprehensive surface rock chip, conventional soil and auger soil sampling completed over the last 12 months.
Drilling will test the coherent 300m by 30m Oaky Creek South Main Grid antimony-arsenic soil anomaly as well as three targets defined by rock chip and auger soil sampling at Oaky Creek North.
While initial holes are expected to be...]]>
            </summary>
                                    <updated>Mon, 18 May 2026 12:23:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[Could ASX All Ords Resource Stocks Lead The Next Market Shift?]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/could-asx-all-ords-resource-stocks-lead-the-next-market-shift-20260518" />
            <id>https://newswires.com.au/140116</id>
            <author>
                <name> <![CDATA[kalkinemedia.com]]></name>
            </author>
            <summary type="html">
                <![CDATA[
Highlights


Federal budget discussions placed housing incentives and taxation frameworks under renewed public focus.


Viking Mines and Sky Metals attracted attention amid tightening global tungsten supply conditions.


Lake Resources continued advancing direct lithium extraction activity across South American operations.



ASX resource stocks including Viking Mines, Sky Metals, and Lake Resources remained in focus as tungsten, lithium extraction, and federal budget discussions shaped market activity.
Australia’s resource and mining sector continued attracting market attention as discussions surrounding federal budget policies, housing taxation frameworks, inflation-linked thresholds, and global supply chains shaped broader sentiment across [All Ordinaries]. Critical minerals producers, lithium developers, and tungsten-focused explorers remained among the closely followed areas within the local share market as investors monitored changing commodity dynamics and geopolitical developments.
The latest industry discussions also highlighted the increasing relevance of Australian-listed resource companies operating across battery metals, tungsten assets, and emerging mineral technologies. Viking Mines (ASX:VKA), Sky Metals (ASX:SKY), and Lake Resources (ASX:LKE) remained central to conversations surrounding critical minerals, lithium extraction methods, and evolving export conditions tied to global manufacturing supply routes.
Australia’s mining and energy sector has continued experiencing heightened activity due to global industrial demand, manufacturing diversification, and ongoing commodity transition themes. Several market participants also monitored policy commentary surrounding taxation structures, sophisticated investor definitions, and housing investment incentives, particularly as economic affordability discussions intensified nationwide.
The broader conversation extended beyond domestic policy debates and into international commodity supply ch...]]>
            </summary>
                                    <updated>Mon, 18 May 2026 12:19:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[Buy, hold, sell: James Hardie, NextDC, and WiseTech shares]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/buy-hold-sell-james-hardie-nextdc-and-wisetech-shares-20260518" />
            <id>https://newswires.com.au/140119</id>
            <author>
                <name> <![CDATA[fool.com.au]]></name>
            </author>
            <summary type="html">
                <![CDATA[There are plenty of ASX shares to choose from on the local market.
To narrow things down, let's see what analysts are saying about three big names, courtesy ofÂ The Bull.
Are they buys, holds, or sells this week? Let's find out:

James Hardie Industries PLC (ASX: JHX)
The team at DP Wealth Advisory has named James Hardie as an ASX share to sell this week.
It has concerns about the company's exposure to a struggling housing construction market in the US and increasing cost of living expenses. It explains:
This Australian building materials company generates most of its revenue in the United States. The acquisition of US decking business AZEK for $US8.75 billion has left the market concerned about earnings risk in response to a flat housing construction market in the US and increasing cost of living expenses. The structure of the contentious acquisition left angry Australian investors without a vote on the deal. Too much uncertainty exists about the company's outlook.

NextDC Ltd (ASX: NXT)
Dolphin Partners Financial Services has named data centre operator NextDC as a hold this week.
Despite its strong earnings growth outlook, the financial services company appears to believe investors should wait for a more attractive entry point. It said:
This global data centre operator recently raised capital via a 1 for 5.4 pro rata, non renounceable rights issue to institutions and retail investors at $12.70 a share. Proceeds of more than $1 billion will be used to construct data centres to meet rapidly growing demand from cloud computing customers. A compounded annual growth rate in operating earnings of more than 40 per cent is expected between fiscal years 2025 and 2028, as contracted capacity translates to revenue and earnings going forward.

WiseTech Global Ltd (ASX: WTC)
The team at Dolphin Partners Financial Services is more positive on WiseTech Global shares and has named them as a buy this week.
It highlights that the company's shares are trading at a deep discount to b...]]>
            </summary>
                                    <updated>Mon, 18 May 2026 12:15:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[HUB and ZIP shares: 2 ASX shares to watch]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/hub-and-zip-shares-2-asx-shares-to-watch-20260518" />
            <id>https://newswires.com.au/140115</id>
            <author>
                <name> <![CDATA[raskmedia.com.au]]></name>
            </author>
            <summary type="html">
                <![CDATA[The Hub24 Ltd (ASX:HUB) share price is down 16.2% since the start of 2025. Meanwhile, the Zip Co Ltd (ASX:ZIP) share price is 53.3% away from its 52-week high.
HUB share price in focus
Founded in 2007, HUB24 has quickly become a prominent player in the wealth management sector, offering software and platform solutions for financial advice, superannuation, and investment management.
HUB24’s core products include the HUB24 platform, Class, and myprosperity. The HUB24 platform serves financial advisers and their clients, providing access to a wide range of managed funds and investment products. Class is a leading software solution for self-managed super funds (SMSFs), helping manage portfolios, legal documentation, and compliance. Myprosperity offers client portals for accountants and advisers, enhancing service and customer experience.
HUB24’s competitive edge lies in its high-quality service. In 2024, it was recognized as the Overall Best Platform in the Adviser Ratings Financial Advice Landscape Report and ranked first for Overall Satisfaction and Brand Image and Reputation in the 2024 Wealth Insights Platform Service Level Report.
ZIP shares
Zip Co is a ‘fintech’ company founded in 2013. It offers a buy-now-pay-later (BNPL) service that is popular among retail consumers.
Zip’s platform allows customers to purchase items immediately and repay them over several interest-free instalments. 
Like most BNPL companies, Zip makes money through transaction fees paid by the business, as well as late fees charged to customers who miss payments.
HUB &amp; ZIP share price valuation
As a growth company, some of the trends we might investigate from HUB include revenue growth, profit growth, and return on equity (ROE). These measures can indicate the growth rates and prospects of the company, as well as their ability to generate returns from their assets.
Since 2021, HUB has grown revenue at a rate of 44.4% per year to reach $328m in FY24. Over the same stretch of time, net profit...]]>
            </summary>
                                    <updated>Mon, 18 May 2026 12:04:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[Why are shares in this small-cap ASX gold company charging higher?]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/why-are-shares-in-this-small-cap-asx-gold-company-charging-higher-20260518" />
            <id>https://newswires.com.au/140109</id>
            <author>
                <name> <![CDATA[fool.com.au]]></name>
            </author>
            <summary type="html">
                <![CDATA[Shares in Challenger Gold Ltd (ASX: CEL) are trading higher after the company announced a major capital raising and a positive prefeasibility study for its Hualilan gold project. 



Capital a vote of confidence



Despite Challenger announcing it had raised $85 million at 12 cents per share, the company's shares traded higher on Monday morning, hitting a high-water mark of 15.25 cents before settling to be 3.7% higher at 14 cents.



Challenger also announced that experienced gold company Executive Peter Marrone would join the board as Chairman Elect, and he would also take up $8 million worth of the new placement shares. 



Current Challenger Chairman Eduarto Elsztain, who is also taking up shares in the placement, said Mr Marrone's involvement in the company was noteworthy.



He said:




The placement has been supported by Challenger's four largest existing institutional investors and two new institutional investors which have a successful history investing alongside Peter Marrone. The funds raised will enable the company to accelerate exploration at Hualilan with Challenger committing to its first material extension drilling campaign in several years.




Mining project looking solid



The prefeasibility study, meanwhile, said Hualilan, in Argentina, would have a payback period of 2.25 years and generate post-tax, free cash flow of US$1,982 million. 



This was calculated using a gold price of US$3500 per ounce, compared with the current gold price of US$4518.07.



The capital cost to build the mine came in at US$232 million, with a further US$35 million calculated for contingencies.



The mine is expected to produce 105,000 ounces of gold in its first two years of production, followed by 12 years producing 135,000 ounces per year. 



The operation would involve an open-pit mine with a 1.5 million tonne per year flotation plant and an eight million tonne capacity heap leach circuit. 



The mine is expected to have an all-in sustaining cost of US$1422 to...]]>
            </summary>
                                    <updated>Mon, 18 May 2026 11:55:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[Why I think DroneShield and these ASX growth shares could beat the market over 10 years]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/why-i-think-droneshield-and-these-asx-growth-shares-could-beat-the-market-over-10-years-20260518" />
            <id>https://newswires.com.au/140110</id>
            <author>
                <name> <![CDATA[fool.com.au]]></name>
            </author>
            <summary type="html">
                <![CDATA[Beating the market over 10 years is not easy. 



A company needs more than a good story. It needs a large opportunity, strong execution, and enough room to keep growing after the first wave of investor excitement has passed. 



I think the five ASX growth shares in this article have that potential. 



They are not low-risk picks. In fact, several could be quite volatile. But for investors willing to think in decades rather than quarters, I think each one has a chance to deliver strong long-term returns. 



NextDC Ltd (ASX: NXT)



NextDC gives investors exposure to one of the biggest physical requirements of the digital economy: data centre capacity. 



Cloud computing, artificial intelligence (AI), cybersecurity, streaming, enterprise software, and online platforms all need secure and reliable infrastructure. That demand should keep increasing as businesses and consumers use more data every year.



NextDC is capital-intensive, so investors need to be patient while it builds new capacity. But if demand keeps growing, I think today's investment could support much larger earnings over time. 



Megaport Ltd (ASX: MP1)



Megaport is another way to invest in the cloud, but from a very different angle.



Its platform allows businesses to connect quickly to cloud providers, data centres, and networks without relying on slow traditional infrastructure.



I think this flexibility could become more valuable as companies use multiple clouds, move workloads around, and require faster digital connections. 



Megaport has already done some of the hard work by building a global network. The next step is turning that reach into higher usage, stronger margins, and more consistent profitability. 



Telix Pharmaceuticals Ltd (ASX: TLX)



Telix is an ASX healthcare growth share with a very different risk-reward profile.



The company is focused on radiopharmaceuticals, an area that combines imaging, diagnosis, and targeted cancer treatment. 



I like the long-term opport...]]>
            </summary>
                                    <updated>Mon, 18 May 2026 11:47:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[King River Resources (ASX:KRR) Uncovers New Gold Opportunities at Mindoolah Project, Shares Up]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/king-river-resources-asxkrr-uncovers-new-gold-opportunities-at-mindoolah-project-shares-up-20260518" />
            <id>https://newswires.com.au/140103</id>
            <author>
                <name> <![CDATA[kalkinemedia.com]]></name>
            </author>
            <summary type="html">
                <![CDATA[
Highlights

King River Resources has identified approximately 746,000 tonnes of excavated material remaining across historical stockpiles and waste dumps at the Mindoolah Gold Project.
Historical reconciliation work revealed a major discrepancy between recorded production and estimated excavated material.
Grab sampling returned high-grade gold results of up to 10.0g/t Au at Excelsior, 9.39g/t Au at Mindoolah Main Reef, and 31.70g/t Au at Bertram’s.
KRR has identified the Excelsior Prospect as a priority exploration target.
The company plans to begin systematic stockpile drilling and a high-resolution magnetic survey in June to refine deeper exploration targets across the project.


King River Resources Ltd (ASX:KRR) has announced new exploration findings from its Mindoolah Gold Project in the Murchison Province, revealing historical mining discrepancies, substantial surface stockpiles, and multiple high-priority drill targets. Located ~70 kilometres northwest of Cue, the project has historically produced high-grade gold and is now the focus of renewed exploration aimed at identifying additional mineralised zones.
Following the update, KRR shares were moved 16.67% higher at AUD 0.028 per share at the time of writing on 18 May 2026.

Survey Results Reveal Historical Discrepancies
The volumetric survey and LiDAR survey estimated that approximately ~1.08 million tonnes of material had been excavated from historical open pits. A reconciliation of historical open-pit voids at the Excelsior, Cundy, Le Soleil, Bertram’s, and Mindoolah Main Reef workings, expects a cumulative excavation volume of 595,729 m³ and about 467,659m3 of stockpiled material remains on-site across mining leases P20/2444 and P20/2445.
Detailed surveys confirmed that approximately 746,000 tonnes of excavated material remain on-site across historical waste dumps and stockpiles. This finding presents an immediate opportunity for evaluation and systematic drilling.
After reconciling histori...]]>
            </summary>
                                    <updated>Mon, 18 May 2026 11:45:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[ASX 200 Slides as Gold Stocks Sink Amid Market Jitters]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/asx-200-slides-as-gold-stocks-sink-amid-market-jitters-20260518" />
            <id>https://newswires.com.au/140104</id>
            <author>
                <name> <![CDATA[kalkinemedia.com]]></name>
            </author>
            <summary type="html">
                <![CDATA[
Highlights

Australian shares opened the week sharply lower as market uncertainty intensified.
Gold-focused small-cap miners were among the weakest performers during early trade.
Geopolitical tensions and global risk concerns continue pressuring investor sentiment.


Australian shares weakened sharply as geopolitical uncertainty and risk-off sentiment pressured gold and mining stocks during early trade.
The Australian stock market started the week under heavy pressure as investors reacted to rising geopolitical uncertainty and ongoing concerns surrounding global market stability. The benchmark [ASX 200] dropped sharply during early trade, with weakness spreading across mining and resource-focused stocks. Gold sector companies including Manhattan Gold Corporation (ASX:MHC), Strickland Metals Ltd (ASX:STK), Odyssey Gold Ltd (ASX:ODY), and Torque Metals Ltd (ASX:TOR) all recorded notable declines as broader risk-off sentiment dominated trading activity. Market volatility has remained elevated in recent weeks as investors continue assessing the impact of escalating Middle East tensions, commodity market swings, and inflation-related uncertainty.
Gold stocks lead early market declines
Gold-related stocks were among the weakest performers during the opening session as smaller-cap resource companies faced heavy selling pressure.
Junior mining companies often experience heightened volatility during periods of broader market weakness because they are generally viewed as higher-risk investments.
Companies operating within exploration and development stages can be especially sensitive to changes in investor confidence and market liquidity conditions.
Within the broader ASX Gold Stocks sector, smaller producers and explorers remain closely tied to both commodity sentiment and capital market conditions.
Geopolitical uncertainty rattles investors
Global financial markets continue reacting to heightened geopolitical tensions linked to the ongoing Iran-Israel conflic...]]>
            </summary>
                                    <updated>Mon, 18 May 2026 11:39:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[Viking secures BLM approval and prepares for maiden drilling at Linka]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/viking-secures-blm-approval-and-prepares-for-maiden-drilling-at-linka-20260518" />
            <id>https://newswires.com.au/140112</id>
            <author>
                <name> <![CDATA[mining.com.au]]></name>
            </author>
            <summary type="html">
                <![CDATA[Viking Mines (ASX:VKA) has received approval for its Notice of Intent (NOI) from the US Federal Bureau of Land Management (BLM), for the company’s 63-hole maiden drill program at the Linka Tungsten Project in Nevada, US.



The BLM approval is the last regulatory hurdle and means that the project is fully permitted for the drill program. 



Managing Director Julian Woodcock says that now that the regulatory approvals are in place, the company can begin what will be the “first known drilling at the project for over 40 years”.



“With our maiden campaign now fully permitted for drilling, the regulatory pathway is behind us, and the focus shifts entirely to finalising our drilling contractor and getting drilling underway,” Woodcock says.



“We remain on track for our planned June quarter mobilisation to commence site preparations, and the team is moving at pace as we enter this exciting phase of activity.



“This is one of our key pillars in our fast-to-market strategy, which will support the project’s development as we continue to advance in parallel the metallurgical test work and processing concept study.”



Viking sees the Linka Project as a key step into the US tungsten industry, which is experiencing a structural supply deficit following the REEShore Act mandate prohibiting tungsten from China from entering US supply chains, especially for the defence industry. 



With the BLM approval in place, Viking is mobilising for drilling, with a current focus on drilling contractor selection, drill site access, and pad preparation works. Drill rig mobilisation is anticipated late in the June quarter. 



The drill program will comprise 63 holes from 48 drill pads, as previously reported. At Linka Main, 36 holes will focus on verification of historical ‘high-grade’ intercepts, with additional focus on the down-dip continuity below the historical workings. 



At the Linka SW Extension, 16 holes will be tested across four sections using 125–150m spacing in an area tha...]]>
            </summary>
                                    <updated>Mon, 18 May 2026 11:31:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[Macro and Renegade enter new Gibraltar deal]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/macro-and-renegade-enter-new-gibraltar-deal-20260518" />
            <id>https://newswires.com.au/140113</id>
            <author>
                <name> <![CDATA[mining.com.au]]></name>
            </author>
            <summary type="html">
                <![CDATA[Macro Metals (ASX:M4M) and Renegade Metals (ASX:RNX) have entered a profit-sharing and mining services deal for the Gibraltar East Gold Project, 22.6km southwest of Coolgardie in Western Australia’s Kalgoorlie-Boulder region.



According to the deal, Macro will acquire up to a 50% interest in all minerals deposited on Gibraltar East by investing $350,000 in exploration, permitting, development, and mine establishment activities within a year of execution.



Macro’s subsidiary Macro Mining Services will exclusively deliver all mining services and execute all technical, permitting, exploration, development, and operational services at cost, plus a 15% margin.



Initial work will target gold-bearing ore, followed by other commercially viable minerals.



“The agreement with Renegade is a further example of the commercial framework we are building for Macro; namely, utilising Macro Mining Services’ site-based project and operational delivery capability to generate mining services revenue, while also securing Macro Metals Limited’s direct participation in value upside generated from a successful mining operation,” Managing Director Simon Rushton says.



“I genuinely appreciate the collaborative approach taken by the Renegade team in reaching this mining services and profit share agreement and look forward to progressing the project in a safe, disciplined, and financially rewarding manner.”



Macro now plans to provide a working capital facility with 10% interest charged per annum to fund all activities. As part of the deal, it will also pay state government and native title royalties.



Technical reviews, data consolidation, permitting, and Aboriginal heritage engagement are likewise underway, with field validation and exploration activities following shortly after.



Macro Metals is an iron ore, manganese, and construction material exploration, mining, and mining services provider. The company has assets in Western Australia and Nigeria.



Write to Richard Szabo...]]>
            </summary>
                                    <updated>Mon, 18 May 2026 11:30:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[PolarX uncovers 3.5km Alaska Range copper-gold target]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/polarx-uncovers-35km-alaska-range-copper-gold-target-20260518" />
            <id>https://newswires.com.au/140107</id>
            <author>
                <name> <![CDATA[stockhead.com.au]]></name>
            </author>
            <summary type="html">
                <![CDATA[
PolarX reveals 3.5km copper-gold anomaly beneath mineralised surface at Alaska Range
High-grade sampling supports potential for large intrusive system 
Follow-up MT survey and mapping planned to refine drill targets

 
Special Report: PolarX has uncovered a 3.5km long copper-gold anomaly directly beneath a mineralised surface footprint at its Alaska Range project in Alaska.
3D magnetic inversion modelling identified the target, which stretches north from the Zackly skarn deposit to the Jupiter and Gemini prospects.
Recent surface sampling at Jupiter returned grades of up to 8% copper and 19g/t gold.
According to PolarX (ASX:PXX), the combination of widespread surface mineralisation, magnetic anomalies and the presence of the Zackly deposit point to the potential for a large intrusive system at Alaska Range.
High-grade mineralisation at surface directly overlies several magnetic offshoots interpreted to connect to a deeper intrusive body, further strengthening the exploration case.
PolarX is advancing Alaska Range through a JV with Northern Star Resources (ASX:NST).
The $29bn market cap miner owns a 30% stake in the JV and can lift its interest to 70% by making a series of staged cash contributions.
Cross section showing newly defined 3.5km copper-gold anomaly. Pic: PolarX 
Surface sampling results
Recent sampling delivered widespread high-grade copper and gold results across several prospects at Alaska Range.
Overall, 13 of 128 rock chip samples graded more than 1% Cu.
Results included 4.0g/t Au and 2.3% Cu at Zackly, 27.3% and 9.0% Cu at Mars, 11.9% and 4.5% Cu at Phobos, and 2.9% Cu and 0.3g/t Au at Senator.
At Gemini, mapping identified magmatic-hydrothermal structures typical of intrusion-related mineralisation surrounding a possible phreato-magmatic breccia.
Sampling at Mars continued to define high-grade vein-hosted mineralisation as well as lower-grade disseminated copper zones across the area.
At Phobos, historical and recent sampling has outlined a target...]]>
            </summary>
                                    <updated>Mon, 18 May 2026 11:27:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[Viking Mines (ASX:VKA) Secures Final US Approval for Maiden Linka Tungsten Drilling]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/viking-mines-asxvka-secures-final-us-approval-for-maiden-linka-tungsten-drilling-20260518" />
            <id>https://newswires.com.au/140105</id>
            <author>
                <name> <![CDATA[kalkinemedia.com]]></name>
            </author>
            <summary type="html">
                <![CDATA[
Highlights

Viking Mines has received final approval from the US Bureau of Land Management for its maiden 63-hole drilling campaign at the Linka Tungsten Project in Nevada.
The fully permitted programme marks the first sub-surface exploration at Linka in more than 40 years.
Mobilisation activities are planned for the June quarter.
The drilling campaign will target three priority zones, including Linka Main, the Linka Southwest Extension, and a regional reconnaissance programme.


Viking Mines Limited (ASX:VKA) has received final approval from the US Bureau of Land Management (BLM) for its maiden drilling campaign at the Linka Tungsten Project in Nevada. The approval clears the final federal regulatory requirement for the company’s planned 63-hole drilling programme, marking the first sub-surface exploration at the project in more than four decades. Viking is now preparing for contractor selection and mobilisation ahead of planned June quarter activities.

Federal Approval Clears Final Regulatory Step. What’s Ahead? 
The company received the BLM approval ahead of its internal timeline, allowing the project to move into the execution phase. Upon payment of the required bonds, the project will be fully permitted for drilling operations.
The planned maiden exploration campaign comprises 63 drill holes across 48 drill pads, covering three priority targets across the project area.
The company said the permitting milestone provides certainty around the drilling schedule, with the finalisation of a drilling contractor representing the next key step ahead of the planned June quarter mobilisation.
The contractor evaluations are in the final stages, with an award expected shortly. Site access works and drill pad preparation are scheduled to begin in June. Drill rig mobilisation is expected following contract award, anticipated later in the June quarter.
In parallel, the company is advancing metallurgical testwork and processing concept studies.
Three Exploratio...]]>
            </summary>
                                    <updated>Mon, 18 May 2026 11:22:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[Top 10 at 11: ASX hits six-week low but small-cap miners collab on production]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/top-10-at-11-asx-hits-six-week-low-but-small-cap-miners-collab-on-production-20260518" />
            <id>https://newswires.com.au/140108</id>
            <author>
                <name> <![CDATA[stockhead.com.au]]></name>
            </author>
            <summary type="html">
                <![CDATA[Morning, and welcome to Stockhead’s Top 10 (at 11… ish), highlighting the movers and shakers on the ASX in early-doors trading.
With the market opening at 10am sharp eastern time, the data is taken at 10.15am in the east, once trading kicks off in earnest.
In brief, this is what the market has been up to this morning.
The S&amp;P/ASX 200 slumped in the first hour, falling more than 1% with everything but energy and consumer discretionary in the red.
The major banks are also showing some resistance, ticking up 0.21%, but industrials and materials are taking a beating, down more than 2.5% each.
It’s a particularly mixed morning for resource stocks – gold is struggling, while rare earths and lithium tick higher.
Several small cap miners are taking advantage of a hot commodity market to join forces on production, accelerating timelines and reducing costs.
 
SMALL CAP WINNERS





Code 
Name 
Last 
% Change 
Volume 
Market Cap 



VHL 
Vitasora Health Ltd 
0.015 
36% 
1309737 
$21,335,899 


DDT 
DataDot Technology 
0.004 
33% 
151704 
$3,649,731 


RR1 
Reach Resources Ltd 
0.013 
30% 
15356430 
$9,661,930 


EXL 
Elixinol Wellness 
0.019 
27% 
8030037 
$6,209,816 


HIQ 
Hitiq Limited 
0.012 
20% 
208333 
$7,562,193 


OEL 
Otto Energy Limited 
0.006 
20% 
427406 
$23,975,049 


SPG 
Spc Global Holdings 
0.12 
17% 
156916 
$19,829,571 


FBR 
FBR Ltd 
0.0035 
17% 
748958 
$20,895,602 


NFM 
New Frontier 
0.007 
17% 
920715 
$10,429,778 


PL9 
Prairie Lithium Ltd 
0.007 
17% 
4028316 
$33,481,887 





WordPress Table
 
In the news…
Vitasora Health (ASX:VHL) has rolled out its proprietary vCare Electronic Medical Record (EMR) platform across its Chronic Care Management (CCM) business.
VHL expects the platform transition to reduce software-as-a-service costs by more than 90%, delivering US$1.7 million in annualised operating savings.
The company is rolling vCare out to its 40,000-odd existing clients, predicting to generate anywhere from US$70k to US$120k per month for...]]>
            </summary>
                                    <updated>Mon, 18 May 2026 11:15:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[ASX 300 Penny Stocks Turning Heads With Cash Strength]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/asx-300-penny-stocks-turning-heads-with-cash-strength-20260518" />
            <id>https://newswires.com.au/140106</id>
            <author>
                <name> <![CDATA[kalkinemedia.com]]></name>
            </author>
            <summary type="html">
                <![CDATA[
Highlights

Several ASX penny stocks are attracting attention for balance sheet strength and growth positioning.
Minerals 260, DroneShield, and West African Resources remain closely watched across mining and defence sectors.
Investors continue focusing on companies balancing funding capacity with long-term expansion opportunities.


ASX penny stocks linked to mining and defence sectors are gaining investor attention as balance sheet strength and long-term growth themes remain in focus.
The Australian stock market continues navigating elevated volatility as inflation pressures, higher global bond yields, and geopolitical uncertainty reshape investor sentiment across growth-focused sectors. In this environment, financially resilient penny stocks are drawing increased market attention as investors reassess smaller-cap opportunities capable of supporting long-term expansion despite difficult funding conditions. While penny stocks are often associated with heightened risk and speculative trading, companies with stronger balance sheets, scalable operations, and sector-specific growth themes are beginning to stand out. Within the broader [ASX 300], selected mining and defence-linked businesses are increasingly being viewed through the lens of long-term strategic growth rather than purely speculative momentum.
Why cash strength matters in smaller-cap stocks
Balance sheet strength has become increasingly important for smaller-cap companies operating in capital-intensive industries.
Businesses with sufficient liquidity and funding flexibility are generally viewed more favourably during periods of elevated interest rates and tighter capital market conditions.
For exploration companies, defence technology providers, and resource developers, access to funding often determines how effectively long-term projects and expansion plans can progress.
Within the broader ASX Penny Stocks segment, financially resilient companies are increasingly separating themselves from wea...]]>
            </summary>
                                    <updated>Mon, 18 May 2026 11:14:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[ASX starts week down by almost 1%]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/asx-starts-week-down-by-almost-1-20260518" />
            <id>https://newswires.com.au/140114</id>
            <author>
                <name> <![CDATA[mining.com.au]]></name>
            </author>
            <summary type="html">
                <![CDATA[The S&amp;P/ASX 200 index opened this week 0.98% lower to 8,546.6 points, with gold producers Manhattan Gold Corporation (ASX:MHC) and Strickland Metals (ASX:STK) among the bottom-performing stocks.



Manhattan’s share price plunged 16% to $0.021, while Strickland fell by 14.8% to $0.115 per share in the first hour of trading on the Australian Securities Exchange.



Odyssey Gold (ASX:ODY) decreased by 7.6% to $0.036 per share, while Torque Metals (ASX:TOR) was down 7.14% to $0.39 per share.



The index had earlier recovered for the first time on 1 May, after an 11-day losing streak. Following a 0.29% decline between 20 and 21 April, it fell a further 0.44%–0.45% between 22 and 23 April. A 0.29% fall on 24 April was followed by a sharper slump of 0.62% on 27 April, taking the index to 8,732.1 points. Losses continued on 28 April (down 0.74% to 8,701.1), 29 April (down 0.47% to 8,670), and 30 April (down 0.4% to 8,652.1).



The benchmark more recently dropped on 8 May (down 0.98% to 8,658.6), 11 May (down 0.93% to 8,795.7), 12 May (down 1% to 8,881.1 points), 13 May (down 0.06% to 8,696.3), and 14 May (down 0.1% to 8,621.6).



“Over the last five days the index has lost 1.78% and 1.92% year to date,” the ASX markets website says.



As Mining.com.au previously reported, the index reported a third year of “positive returns” in 2025 despite “concerns about the state of the world”.



“Big option trades using longer-dated contracts we found in January appear to be looking for continuation of this upward trend in 2026,” the ASX says.



Analysts agree that the Iran-Israel conflict has created significant investor uncertainty across the ASX index.



Write to Richard Szabo at Mining.com.au



Images: Australian Securities Exchange via Facebook]]>
            </summary>
                                    <updated>Mon, 18 May 2026 11:00:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[Up 120% since July, guess which ASX 200 gold stock is charging higher again on Monday]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/up-120-since-july-guess-which-asx-200-gold-stock-is-charging-higher-again-on-monday-20260518" />
            <id>https://newswires.com.au/140099</id>
            <author>
                <name> <![CDATA[fool.com.au]]></name>
            </author>
            <summary type="html">
                <![CDATA[S&amp;P/ASX 200 IndexÂ (ASX: XJO) gold stock Ora Banda Mining LtdÂ (ASX: OBM) is marching higher today.
Ora Banda shares closed Friday trading for $1.355. In early morning trade on Monday, shares are changing hands for $1.41 apiece, up 4.1%.
For some context, the ASX 200 is down 0.7% at this same time.
Ora Banda shares have been on a tear since plumbing one-year closing lows on 17 July, now up 120.3% since those lows.
Here's what's grabbing investor interest today.
ASX 200 gold stock jumps on resource increase
Ora Banda shares could be catching some headwinds today following a dip in the gold price.
Gold is currently trading for US$4,537 per ounce. That's down about 0.4% since Friday and down some 4.5% since last Monday.
However, the ASX 200 gold stock looks be getting support after announcing major mineral resource and ore reserve upgrades for its Round Dam and Waihi gold mines.
Ora Banda said the total mineral resource estimate (MRE) increased by 1.46 million ounces since last July. The total MRE now stands at 54.8 million tonnes at 2 grams of gold per tonne for 3.57 million ounces of gold (54.8 Mt at 2.0 g/t for 3.57 Moz).
The miner's total ore reserve estimate increased by 136% to 7.8 Mt at 2.2 g/t for 555,000 ounces of gold.
Management noted that the company is still awaiting assay results from its recent drilling at its Round Dam prospect. As such, those results were not included in the above resource and reserve estimates.
Ora Banda aims to report its maiden MRE for the Little Gem project in the first half of FY 2027.
What else is helping Ora Banda shares today?
This morning, Ora Banda also updated the market on its 'Drive to 300' initiative, which defines the ASX 200 gold stock's goal to double production over the next three years. The miner stressed that it remains to be seen if that aspiration will be achieved.
To drive that production growth, the Ora Banda board said it has approved a number of key projects. That includes the construction of a new, standa...]]>
            </summary>
                                    <updated>Mon, 18 May 2026 10:42:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[Stavely Minerals lands government co-funding for Hawkstone project geophysics]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/stavely-minerals-lands-government-co-funding-for-hawkstone-project-geophysics-20260518" />
            <id>https://newswires.com.au/140102</id>
            <author>
                <name> <![CDATA[themarketonline.com.au]]></name>
            </author>
            <summary type="html">
                <![CDATA[Funding awarded under WA government’s 2026-2027 geophysics program



Supporting the next phase of the MLEM survey at the Hawkstone nickel-copper-cobalt project



Follows previous EIS co-funding for geophysics and drilling at Hawkstone



Upcoming program to test emerging MLEM anomaly



Stavely Minerals (ASX: SVY) has been awarded a Western Australian government EIS co-funding grant for geophysics at the Hawkstone nickel-copper-cobalt project in the Kimberley region.



Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more



The funding of up to $150,820 will cover a moving loop electromagnetic survey (MLEM) to assess the potential of high-grade massive nickel sulphide mineralisation at Hawkstone.



“We are very pleased to receive further EIS support for Hawkstone,” executive chairman and MD, Chris Cairns, said.



“This funding will directly advance our next phase of MLEM surveying across newly heritage cleared areas on the southern margin of the interpreted magma chamber — the key trap sites for magmatic nickel-copper-cobalt sulphide accumulation as well as following up on a late-time priority-1 MLEM conductor emerging anomaly that was identified at the end of the 2024 survey.



“The WA government’s continued support reflects the strong technical merit of the Hawkstone project and its position within the emerging West Kimberley magmatic nickel province.”



Mr Cairns said the co-funded program will build on successful 2024 MLEM and RC drilling programs which confirmed widespread disseminated sulphides and identified an emerging late-time conductor.



A detailed MLEM survey focusing on the southern margin of the Falcon gravity high was partially completed during the 2024 Kimberley field season at Hawkstone, primarily focused on cultural heritage cleared areas within EL04/1169.



The late-time MLEM conductor is interpreted to be located beyond the last station o...]]>
            </summary>
                                    <updated>Mon, 18 May 2026 10:37:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[Australian Broker Call *Extra* Edition – May 18, 2026]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/australian-broker-call-extra-edition-may-18-2026-20260518" />
            <id>https://newswires.com.au/140101</id>
            <author>
                <name> <![CDATA[fnarena.com]]></name>
            </author>
            <summary type="html">
                <![CDATA[This article is part of the daily news updates from FNArena.com. Stay informed with the latest financial, business, and economic insights.
Written by Admin
An additional news report on the recommendation, valuation, forecast and opinion changes and updates for ASX-listed equities.
In addition to The Australian Broker Call Report, which is published and updated daily (Mon-Fri), FNArena has now added The Australian Broker Call *Extra* Edition, featuring additional sources of research and insights on ASX-listed stocks, also enlarging the number of stocks that make up the FNArena universe. One key difference is the *Extra* Edition will not be updated daily, but merely "regularly" depending on availability of suitable quality content. As such, the *Extra* Edition tries to build a bridge between daily updates via the Australian Broker Call Report and ad hoc news stories, that are not always timely for investors hungry for the next information update. Investors using the *Extra* Edition as a source of input for their own share market research should thus take into account that information after publication may not be up to date, or yet awaiting another update by FNArena's team of journalists. Similar to The Australian Broker Call Report, this *Extra* Edition includes concise but limited reviews of research recently published by Stockbrokers and other experts, which should be considered as information concerning likely market behaviour rather than advice on the securities mentioned. Do not act on the contents of this Report without first reading the important information included at the end of this Report. The Australian Broker Call *Extra* Edition is a summary that has been prepared independently of the sources identified. Readers will check the full text of the recommendations and consult a Licenced Advisor before making any investment decision. The copyright of this Report is owned by the publisher. Readers will not copy, forward or disseminate this Report to any other p...]]>
            </summary>
                                    <updated>Mon, 18 May 2026 10:30:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[ASX 200 Shares Under Pressure as Analysts Reassess Key Stocks]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/asx-200-shares-under-pressure-as-analysts-reassess-key-stocks-20260518" />
            <id>https://newswires.com.au/140098</id>
            <author>
                <name> <![CDATA[kalkinemedia.com]]></name>
            </author>
            <summary type="html">
                <![CDATA[
Highlights

Catapult Sports, Worley, and Commonwealth Bank remained under close market scrutiny last week.
Technology, industrial, and banking sectors faced heightened volatility amid economic uncertainty.
Rising inflation concerns and geopolitical tensions continue influencing Australian share market sentiment.


Technology, industrial, and banking shares remain under pressure as inflation concerns, geopolitical tensions, and economic uncertainty weigh on Australian markets.
The Australian stock market experienced renewed weakness last week as global geopolitical tensions, inflation concerns, and changing tax policy discussions weighed heavily on investor confidence. The broader [ASX 200] slipped further into negative territory for the year as higher oil prices and concerns surrounding interest rates pressured sentiment across several sectors. Among the companies drawing increased attention were Catapult Sports Ltd (ASX:CAT), Worley Ltd (ASX:WOR), and Commonwealth Bank of Australia (ASX:CBA), with each facing differing operational and sector-specific developments shaping market outlooks.
Technology sector focus shifts toward Catapult Sports
Catapult Sports remained one of the most closely watched technology companies following a sharp decline in its share price ahead of upcoming earnings results.
The sports performance analytics company operates within a specialised segment of the technology industry, providing athlete monitoring, performance tracking, and data-driven sports intelligence solutions used by professional sporting organisations globally.
Market participants continue monitoring whether the company can maintain operational growth momentum while navigating broader volatility across the technology sector.
Within the broader ASX Technology Stocks sector, companies linked to data analytics and specialised software solutions remain highly sensitive to earnings expectations and growth delivery.
AI discussion continues influencing tech sentiment...]]>
            </summary>
                                    <updated>Mon, 18 May 2026 10:26:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[Why is this ASX lithium stock dropping despite some big news?]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/why-is-this-asx-lithium-stock-dropping-despite-some-big-news-20260518" />
            <id>https://newswires.com.au/140111</id>
            <author>
                <name> <![CDATA[fool.com.au]]></name>
            </author>
            <summary type="html">
                <![CDATA[Wildcat Resources Ltd (ASX: WC8) shares are starting the week in the red.
In morning trade, the ASX lithium stock is down 4% to 58.5 cents.
Why is this ASX lithium stock falling?
Investors have been selling the lithium developer's shares on Monday after broad market weakness overshadowed the release of an announcement.
According to the release, Wildcat has continued to advance workstreams for a Definitive Feasibility Study (DFS) for its Tabba Tabba Project in Western Australia's Pilbara region.
It notes that optimisation of the mine plan is being completed, aiming to bring forward the Stage 2 process plant expansion (to 4.5Mtpa processing throughput), while reducing pre-production mining strip and capital expenditure.
Positively, it highlights that spodumene concentrate grading 5.65% Li2O, with a low iron grade of 0.63% Fe2O3, has been achieved from material representing years 1-2 of processing operations.
Management also points out that the pre-feasibility study (PFS) only considered processing of the spodumene-dominant Leia and Luke orebodies. As a comparison, the DFS will include processing streams for the tantalum mineral resource at Tabba Tabba, the spodumene-petalite mineral resource of the Chewy orebody and the petalite-dominant mineral resources of the Han and Hutt orebodies.
All in all, this bodes well for the release of the DFS.
What else?
The ASX lithium stock advised that applications for environmental approvals are underway and are expected to be lodged imminently.
In addition, funding discussions have commenced with government funding agencies, banks, and seasoned mining financiers. Management also revealed that there has been strong offtake interest from tier-1 parties.
Commenting on today's update, the ASX lithium stock's project director, James Dornan, said:

We are close to finalising the Definitive Feasibility Study for the Tabba Tabba Project. Mine planning and metallurgical testwork is being progressed across the entire life of mine, with materi...]]>
            </summary>
                                    <updated>Mon, 18 May 2026 10:14:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[88 Energy Upgrades South Prudhoe Resources by 35%, Secures Key Drill Rig]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/88-energy-upgrades-south-prudhoe-resources-by-35-secures-key-drill-rig-20260518" />
            <id>https://newswires.com.au/140100</id>
            <author>
                <name> <![CDATA[smallcaps.com.au]]></name>
            </author>
            <summary type="html">
                <![CDATA[]]>
            </summary>
                                    <updated>Mon, 18 May 2026 10:09:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[Weekly Ratings, Targets, Forecast Changes – 15-05-26]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/weekly-ratings-targets-forecast-changes-15-05-26-20260518" />
            <id>https://newswires.com.au/140095</id>
            <author>
                <name> <![CDATA[fnarena.com]]></name>
            </author>
            <summary type="html">
                <![CDATA[This article is part of the daily news updates from FNArena.com. Stay informed with the latest financial, business, and economic insights.
Written by Admin
Weekly update on stockbroker recommendation, target price, and earnings forecast changes.
By Mark Woodruff
Guide: The FNArena database tabulates the views of seven major Australian and international stockbrokers: Citi, Bell Potter, Macquarie, Morgan Stanley, Morgans, Ord Minnett, and UBS. For the purpose of broker rating correlation, Outperform and Overweight ratings are grouped as Buy, Neutral is grouped with Hold and Underperform and Underweight are grouped as Sell to provide a Buy/Hold/Sell (B/H/S) ratio. Ratings, consensus target price and forecast earnings tables are published at the bottom of this report. Summary Period: Monday May 11 to Friday May 15, 2026 Total Upgrades: 3 Total Downgrades: 7 Net Ratings Breakdown: Buy 66.08%; Hold 27.30%; Sell 6.61% For the week ending Friday, May 15, 2026, FNArena recorded three upgrades and seven downgrades from seven brokers monitored daily across ASX-listed companies. In a developing trend, falls in target prices (valuations) and earnings forecasts materially outweigh increases for the fourth successive week. The Australian share market is experiencing a trend of net downgrades, which also corresponds with companies like CSL and Cochlear issuing profit warnings, while others, such as CommBank and its peers, release underwhelming market updates. Though, as also shown in FNArena's Corporate Results Monitor, not all market updates are negative: https://fnarena.com/index.php/reporting_season/ Salary packaging and novated leasing services provider Smartgroup Corp’s average target rose by around 9% last week after a trading update in the prior week revealed novated leasing orders had increased by 22% year-on-year and settlements rose 7%, driven by electric vehicle demand. Battery electric vehicles now account for 59% of new orders, supported by higher fuel prices and polic...]]>
            </summary>
                                    <updated>Mon, 18 May 2026 10:00:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[Why ASX Momentum Stocks Are Splitting the Market in 2026]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/why-asx-momentum-stocks-are-splitting-the-market-in-2026-20260518" />
            <id>https://newswires.com.au/140093</id>
            <author>
                <name> <![CDATA[kalkinemedia.com]]></name>
            </author>
            <summary type="html">
                <![CDATA[
Highlights

Technology, healthcare, and mining stocks dominated both the strongest uptrend and steepest downtrend lists on the ASX
AI infrastructure, critical minerals, and defence-linked industrial themes continued driving selective buying momentum
Retail, travel, diagnostics, and consumer-facing businesses faced renewed pressure amid fragile market sentiment


ASX momentum is increasingly concentrated in AI, defence, and critical minerals stocks while retail, healthcare, and travel sectors continue facing selective market pressure.
Australian equities are increasingly becoming a market of extremes.
While some ASX-listed companies continue accelerating sharply higher on the back of artificial intelligence infrastructure, critical minerals, and industrial expansion themes, others are struggling under the weight of slowing consumer demand, healthcare-sector weakness, and shifting market sentiment.
The latest ChartWatch ASX scans highlight how fragmented market leadership has become in 2026, with selective momentum replacing broad-based rallies across many sectors.
Within the broader [ASX 200] environment, traders are increasingly rewarding companies aligned with structural global themes while aggressively rotating away from sectors facing earnings uncertainty or weaker demand conditions.
AI Infrastructure Themes Continue Powering Tech Momentum
Among the strongest uptrend names, Weebit Nano (ASX:WBT) continues standing out as artificial intelligence and semiconductor infrastructure remain central market themes globally.
The global AI race continues accelerating investment across:

advanced semiconductor technology
data-centre infrastructure
memory solutions
edge computing systems
cloud connectivity platforms

This broader AI infrastructure cycle is increasingly influencing ASX-listed technology companies exposed to specialised chip development and digital infrastructure ecosystems.
Within the broader category of ASX AI Stocks, market attention rem...]]>
            </summary>
                                    <updated>Mon, 18 May 2026 09:51:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[Galilee Energy chasing fast track US gas production at Zydeco-1]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/galilee-energy-chasing-fast-track-us-gas-production-at-zydeco-1-20260518" />
            <id>https://newswires.com.au/140097</id>
            <author>
                <name> <![CDATA[themarketonline.com.au]]></name>
            </author>
            <summary type="html">
                <![CDATA[Contract for drilling contract executed for Zydeco-1 well



Well to be drilled to a depth of 10,000 feet



Confirmed to spud in first week of July



Targeting gas, oil and condensate across multiple reservoir targets




Galilee Energy (ASX: GLL) is set to test for liquids rich gas and oil at the Zydeco project in Louisiana, USA after inking a rig contract with a local specialist.



Listen to the HotCopper podcast for in-depth discussions and insights on all the biggest headlines from throughout the week. On Spotify, Apple, and more



The company has executed a significant operational milestone with the signing of a formal drilling contract with RFC Drilling for the use of Rig 103.



The move marks the transition of the Zydeco project from planning and engineering into the execution phase ahead of drilling and the potential to fast-track commercialisation.



MD, Joseph Graham, noted the contract secures rig availability for the drilling of Zydeco-1 to a planned depth of approximately 10,000 feet and materially reduces scheduling risk associated with securing drilling equipment in the active US Gulf Coast market.



“We are now set to drill and the execution of the Rig 103 contract is a critical milestone for Galilee Energy and marks the transition of the Zydeco project from planning into execution,” he said.



“Securing the rig provides certainty around our drilling schedule and reflects the significant operational progress made over recent months as we advance toward spud.



“Importantly, this milestone now allows the company to focus on final operational readiness activities, including execution of remaining service contracts and completion of site preparations ahead of drilling.”



Mr Graham told shareholders the company is entering drilling against a backdrop of strong oil, gas and condensate pricing, which materially enhances the prospectivity and potential economics of the project.



“With the contract signed, costs fixed and a start in July confirm...]]>
            </summary>
                                    <updated>Mon, 18 May 2026 09:48:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[Treasurer Jim Chalmers issues yet more orders for mystery Northern Minerals investors to dump shares]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/treasurer-jim-chalmers-issues-yet-more-orders-for-mystery-northern-minerals-investors-to-dump-shares-20260518" />
            <id>https://newswires.com.au/140096</id>
            <author>
                <name> <![CDATA[thewest.com.au]]></name>
            </author>
            <summary type="html">
                <![CDATA[The mysterious shareholding of Northern Minerals has again raised the ire of Federal Treasurer Jim Chalmers, who has issued yet more disposal orders for the rare earths miner.]]>
            </summary>
                                    <updated>Mon, 18 May 2026 09:32:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[Australia’s ‘game-changing’ budgets: how does Chalmers latest blockbuster stack up?]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/australias-game-changing-budgets-how-does-chalmers-latest-blockbuster-stack-up-20260518" />
            <id>https://newswires.com.au/140094</id>
            <author>
                <name> <![CDATA[switzer.com.au]]></name>
            </author>
            <summary type="html">
                <![CDATA[Of the many budgets delivered since the Second World War, four stand out as having ushered in or consolidated significant economic reform.
These were Ben Chifley’s in 1942, Bill Hayden’s in 1975, Paul Keating’s in 1989 and Peter Costello’s in 1996.
Joe Hockey’s 2014 budget tried to bring about lasting reform, but its failure tended to make later governments timid.
So, how did those budgets change Australia, and how does this year’s effort compare?
Ben Chifley’s 1942 budget
Chifley’s budget was a reforming budget in three main ways.
First, it facilitated Australia’s step-up to total war in the Pacific, following Japan’s attacks on Pearl Harbor and Darwin. Military spending rose to about 34% of gross domestic product (GDP).
Second, it embedded the Commonwealth takeover of income taxation, removing the states’ power to tax personal income.
Third, it established the modern welfare state by introducing the National Welfare Fund to compensate for higher wartime income taxes for everyone. This fund was intended to pay for future social services, such as unemployment benefits, widows pensions and child endowment.
Chifley’s budget paved the way for later governments to strive to maintain full employment through “Keynesian” techniques of monetary and fiscal management.
Budgetary management from the 1940s to the 1960s was assisted by a system of fixed exchange rates, including for the Australian dollar, that prioritised domestic stability. This system had been established by the Bretton Woods conference of 1944.
Bill Hayden’s 1975 budget
Hayden’s 1975 budget took place after the collapse of the Bretton Woods system in 1971 when the system of fixed exchange rates broke down.
Two years later, the spike in the global price of oil led to “stagflation” (simultaneously high unemployment and inflation). In 1975, the rate of inflation was about 17% and unemployment had jumped from 2% in the early 1970s to 5%.
Hayden’s budget is remembered for introducing Australia’s first universal he...]]>
            </summary>
                                    <updated>Mon, 18 May 2026 09:02:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[ASX 200 Builds Momentum as Energy and Tech Stocks Draw Attention]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/asx-200-builds-momentum-as-energy-and-tech-stocks-draw-attention-20260518" />
            <id>https://newswires.com.au/140090</id>
            <author>
                <name> <![CDATA[kalkinemedia.com]]></name>
            </author>
            <summary type="html">
                <![CDATA[
Highlights


ASX 200 sentiment improves after Wall Street strength


Energy and technology shares remain closely watched


Gold sector faces pressure amid commodity market shifts



The Australian share market entered Friday with improving momentum as investors tracked stronger global markets, rising oil prices, and renewed attention on technology and energy shares across the [ASX 200].
The Australian share market appeared ready for a firmer finish to the trading week as investor confidence improved following stronger overnight movement on Wall Street. Market participants closely monitored developments across the [ASX 200], particularly within the energy, mining, and technology sectors, where several companies continued attracting attention amid changing global conditions.
Stronger international market sentiment helped support optimism across Australian equities, while commodity price movements also influenced the outlook for several leading shares. Investors remained focused on how inflation concerns, energy demand, and global economic trends could shape trading activity moving forward.
Against this backdrop, companies connected to oil production, sports technology, grain handling, and gold mining became key areas of discussion among market watchers.
Global Market Optimism Lifts Australian Sentiment
A positive session in the United States provided support for Australian investors heading into Friday trade. Major US indices advanced overnight, helping improve confidence across global financial markets.
The rebound in overseas equities encouraged expectations of stronger momentum on the local market, particularly after a period of cautious trading earlier in the week. Investor sentiment across the Australian market has remained closely tied to international developments, especially around inflation trends, energy markets, and interest rate expectations.
Many traders continued monitoring sectors linked to economic resilience, including energy produ...]]>
            </summary>
                                    <updated>Mon, 18 May 2026 09:00:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[The Monday Report – 18 May 2026]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/the-monday-report-18-may-2026-20260518" />
            <id>https://newswires.com.au/140091</id>
            <author>
                <name> <![CDATA[fnarena.com]]></name>
            </author>
            <summary type="html">
                <![CDATA[This article is part of the daily news updates from FNArena.com. Stay informed with the latest financial, business, and economic insights.
Written by Admin
Higher oil prices and rising bond yields took the shine off of risk assets, with European and US markets losing ground on Friday.
Still no resolution to the Iran war and the closure of the Strait of Hormuz remains an overhang.
Nvidia reports earnings on May 20; a big one for market sentiment around the AI-trade.
After another decline in the Australian market last week, ASX200 futures are pointing to a soft follow-through into the new week.


World Overnight


SPI Overnight
8618.00
– 38.00
– 0.44%


S&amp;P ASX 200
8630.80
– 9.90
– 0.11%


S&amp;P500
7408.50
– 92.74
– 1.24%


Nasdaq Comp
26225.15
– 410.08
– 1.54%


DJIA
49526.17
– 537.29
– 1.07%


S&amp;P500 VIX
18.43
+ 1.17
6.78%


US 10-year yield
4.60
+ 0.13
3.00%


USD Index
99.21
+ 0.43
0.44%


FTSE100
10195.37
– 177.56
– 1.71%


DAX30
23950.57
– 505.69
– 2.07%


Good Morning,
The ASX200 finished -113 points or -0.13% lower last week at 8630 for its fourth week of declines in the past five.
As the graph near the bottom of today’s report shows, the Australian market has now retreated 15 sessions out of the past twenty.
The latest fall occurred against an already challenging backdrop of regular profit warnings, the lingering effects of the RBA’s rate-hiking cycle, and ongoing fuel-security concerns.
These pressures were compounded by last week’s Federal Budget, which included several investor-unfriendly tax changes, plus a disappointing trading update from CommBank ((CBA)).
Tony Sycamore, IG
On the calendar today we find ALS Ltd ((ALQ)), Elders ((ELD)), Gentrack Group ((GTK)) and New Hope Corp ((NHC)).
For more details https://fnarena.com/index.php/financial-news/calendar/
Today’s Big Picture, J.L. Bernstein
The 30-Year Just Cracked 5.1
The 30-year Treasury yield closed above 5.1, the highest in nearly twenty years.
The bigger tell was the inflation-adjusted yi...]]>
            </summary>
                                    <updated>Mon, 18 May 2026 08:27:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[M&amp;A Monday: Evion to drive into CARP exploration]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/ma-monday-evion-to-drive-into-carp-exploration-20260518" />
            <id>https://newswires.com.au/140092</id>
            <author>
                <name> <![CDATA[mining.com.au]]></name>
            </author>
            <summary type="html">
                <![CDATA[Mergers and acquisitions (M&amp;A) deals have been a key talking point for the mining sector this week, with the Australian Securities Exchange (ASX) seeing a number of project sales.



Evion Group (ASX:EVG) has executed a binding share sale agreement with Globex Nevada that gives it an exclusive option to acquire the CARP Fluorspar Project in Lincoln County, Nevada.



The company will have the right to acquire 100% of the rights, title, and interest in 14 contiguous unpatented lode claims, covering more than 117.06 hectares within the Viola Mining District.



Evion will pay an initial consideration of US$150,000 cash and the equivalent of US$250,000 in shares, along with deferred payments totalling US$1.46 million in cash and US$1.75 million in shares, progressively payable over three years. 



The company will also spend US$3.75 million ($5.23 million) on exploration at CARP over the next four years, while Globex will retain a 3% royalty of revenue derived from the project.



Evion will raise $6.5 million in a share placement to support acquisition costs, issuing 217.83 million shares at $0.03 each.



The CARP Fluorspar Project has historically produced 44,900 tonnes at an average grade of 69% calcium fluoride. 











Stelar sale



Stelar Metals (ASX:SLB) has signed an earn-in agreement with privately held F&amp;H Brothers Metals to acquire the Hill of Leaders Tungsten Project in the Northern Territory.



The company will pay $80,000 cash and issue 3 million shares within five days of signing a binding sale agreement with the vendor.



Stelar has committed to conduct a minimum of 1,000m of drilling or to provide $500,000 in project expenditure within the first 12 months of the agreement.



The company will issue 3 million shares to F&amp;H Brothers if drilling intersects greater than 5m @ 0.25% tungsten trioxide within one year.



Stelar has the option to acquire the project within one year by issuing 3 million shares or paying $450,000 in cash, wi...]]>
            </summary>
                                    <updated>Mon, 18 May 2026 08:01:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[1 ASX dividend stock down 56% I&#039;d buy right now]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/1-asx-dividend-stock-down-56-id-buy-right-now-20260518" />
            <id>https://newswires.com.au/140087</id>
            <author>
                <name> <![CDATA[fool.com.au]]></name>
            </author>
            <summary type="html">
                <![CDATA[The ASX dividend stock Beacon Lighting Group Ltd (ASX: BLX) has fallen by 56%. When a cyclical business falls that far, I think it could be a great buying opportunity.



This business is a leading lighting retailer in Australia, with a major retail store network, as well as having commercial customers, international sales and a property portfolio.



Let's look at how rewarding the ASX dividend stock could be for cash dividend payments.




Dividend projections for the next few years




The company is certainly facing an interesting outlook considering the higher interest rates and elevated inflation. It has certainly fallen a lot â more than 50%. It could be a good idea to invest when the market is fearful about the situation.



The projection on Commsec suggests the business could pay an annual dividend per share of 7 cents in FY26. That translates into a potential grossed-up dividend yield of 6.1%, including franking credits. This would represent a year-over-year decline in the payout. I think that's a great starting point for the yield to grow from there.



After FY26, the forecast on CMC Invest suggests the business could hike its payout in the two subsequent years.



The projection on CMC Invest suggests the business could pay an annual dividend per share of 8.1 cents per share in FY27, which would translate into a grossed-up dividend yield of 7%, including franking credits.



After that, the estimate on CMC Invest suggests the business could deliver an annual dividend per share of 9 cents per share in FY28. That would translate into a grossed-up dividend yield of 7.8%, including franking credits.




Compelling foundations for the ASX dividend stock's growth



I believe the business has several strengths that can help it in the future.



For starters, the company is still rolling out new locations in its local market, which gives it the opportunity to grow sales and improve its scale benefits, which could help increase its gross profit margin.



Th...]]>
            </summary>
                                    <updated>Mon, 18 May 2026 07:30:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[These are the 10 most shorted ASX shares]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/these-are-the-10-most-shorted-asx-shares-20260518" />
            <id>https://newswires.com.au/140088</id>
            <author>
                <name> <![CDATA[fool.com.au]]></name>
            </author>
            <summary type="html">
                <![CDATA[At the start of each week, I like to look atÂ ASIC's short position reportÂ to find out which shares are being targeted by short sellers.
This is because I believe it is well worth keeping a close eye on short interest levels as high levels can sometimes be a sign that something isn't quite right with a company.
With that in mind, here are the 10 most shorted shares on the ASX this week according to ASIC:


Lotus Resources LtdÂ (ASX: LOT) is now the most shorted ASX share with short interest of 16%, which is up week on week. This uranium producer's shares have come under pressure following a disastrous March quarter which saw weak production and a sizeable cash burn. Many in the market are now expecting another capital raising later this year.

Domino's Pizza Enterprises LtdÂ (ASX: DMP) has seen its short interest ease to 15.6%. Short sellers appear to have doubts over this pizza chain operator's turnaround plan.

Telix Pharmaceuticals LtdÂ (ASX: TLX) has seen its short interest ease to 15.3%. This radiopharmaceuticals company's shares have come under significant pressure over the past 18 months amid US FDA approval challenges.

Polynovo LtdÂ (ASX: PNV) has 14.4% of its shares held short, which is up week on week. This medical device company's shares have a premium valuation that short sellers don't appear to believe is justified.

Guzman Y Gomez LtdÂ (ASX: GYG) has short interest of 13.9%, which is down week on week. This quick service restaurant operator's US operations have been struggling, casting doubts on its future in the key market.

Boss Energy LtdÂ (ASX: BOE) has short interest of 13.3%, which is flat since last week. There are major concerns over this uranium miner's production outlook beyond 2026.

Treasury Wine Estates LtdÂ (ASX: TWE) has 12.9% of its shares held short, which is up week on week. Short sellers aren't giving up on the wine giant despite it recently releasing an encouraging trading update.

Zip Co Ltd (ASX: ZIP) has 12.2% of its shares hel...]]>
            </summary>
                                    <updated>Mon, 18 May 2026 07:25:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[Buy, hold, sell: Catapult Sports, Worley, CBA shares]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/buy-hold-sell-catapult-sports-worley-cba-shares-20260518" />
            <id>https://newswires.com.au/140089</id>
            <author>
                <name> <![CDATA[fool.com.au]]></name>
            </author>
            <summary type="html">
                <![CDATA[S&amp;P/ASX 200 IndexÂ (ASX: XJO) shares fell 1.3% last week as the war in Iran dragged on and tax changes announced in the Federal Budget spooked investors. 



The ASX 200 is in the red for 2026, down 1.1%, as the oil shock continues to push up inflation and the likelihood of interest rate rises. 



Meanwhile, let's check out three ASX 200 shares with new ratings from the experts.



Catapult Sports Ltd (ASX: CAT)



The Catapult Sports share price slumped 11.5% last week to close at $2.94 on Friday. 



Bell Potter kept its buy rating on this ASX 300 tech share but lowered its 12-month price target from $4.75 to $4.50 last week.



Catapult will release its full-year FY26 results on Wednesday. 



The broker said it was particularly keen to find out if Catapult had achieved its guidance of 50% growth in management EBITDA.



In a note, Bell Potter said:




Catapult remains our key pick in the tech sector amongst mid cap stocks outside the S&amp;P/ASX 100 index. 



We see little risk of AI disruption for the stock given its extensive proprietary data, multiple product platform and the hardware component to its solutions.







Worley Ltd (ASX: WOR) 



The Worley share price lifted 2.9% last week to close at $12.50 on Friday. 



Morgans maintained its hold rating on Worley shares after the company's Investor Day last week. 



Worley announced another share buyback of up to $300 million, following the completion of a $500 million buyback. 



Morgans said:




WOR hosted an investor day outlining its medium-term ambitions to deliver double-digit EBITA CAGR through to FY30. 



Central to this plan is pursuing a full delivery project model as WOR looks to capture more of the value chain by performing construction work. 



Looking ahead, WOR should see some medium-term support from Middle East repair activity and a broader uplift in global upstream hydrocarbon spending driven by renewed energy security concerns. 



However, consensus already embeds strong gro...]]>
            </summary>
                                    <updated>Mon, 18 May 2026 07:15:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[Australian Oil Company lifting Emu Apple production as revenue starts flowing]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/australian-oil-company-lifting-emu-apple-production-as-revenue-starts-flowing-20260518" />
            <id>https://newswires.com.au/140083</id>
            <author>
                <name> <![CDATA[stockhead.com.au]]></name>
            </author>
            <summary type="html">
                <![CDATA[
Australian Oil Company has received $70,000 in revenue from the first Emu Apple oil lifting
Stored condensate will be combined with acid to improve short term production rates
Second lifting of about 420 barrels expected soon as long-term production improvements are assessed

 
Special Report: Australian Oil Company pocketed $70,000 in revenue at the end of March 2026 after selling its first oil lifting of 422 barrels from the Emu Apple field in Queensland’s Surat Basin.
Oil prices from the first lifting averaged $151 per barrel and are likely to be higher in the next lifting due to geopolitical events that have impacted Brent crude oil prices.
Australian Oil Company (ASX:AOK) notes that while the lifting of 422 barrels was lower than the originally reported 600 barrels, this is due to a decision to combine the condensate stored on site with acid to improve short-term production rates in coming weeks.
Current production levels are in line with previous reports of about 15 barrels per day with a water cut of ~30%.
Storage tanks at Emu Apple currently hold about 380 barrels of oil and the company expects the next lifting of oil to be about 420 barrels.
“The future activity for the company occurs at a time when both sentiment and commodity prices have been the best they have been in years,” managing director Kane Marshall said.
“Not only are we actively progressing our Surat exploration and development activities, but we are proactively pursuing several new venture opportunities to complement this pivot away from California.
“We look forward to keeping the market informed in the short term as we proactively look to grow a robust business case in Australia when energy security is front and centre of all Australians.”
 
Watch: Kane Marshall on the company’s oil and gas strategy
﻿
 
 
Increasing production
Besides the move to boost short-term production using condensate and acid, the company is also assessing longer-term production improvements by way of well interventio...]]>
            </summary>
                                    <updated>Mon, 18 May 2026 06:55:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[Red Metal signs mining deal at IOCG project in Chile]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/red-metal-signs-mining-deal-at-iocg-project-in-chile-20260518" />
            <id>https://newswires.com.au/140086</id>
            <author>
                <name> <![CDATA[mining.com.au]]></name>
            </author>
            <summary type="html">
                <![CDATA[Red Metal Resources’ (CSE:RMES) wholly owned subsidiary, Minera Polymet, has leased its mining rights to small-scale miner Minera KMT, for the Farellon ⅛ mineral concession, part of the Carrizal Copper-Gold-Cobalt Project in Chile.



The lease agreement outlines that Minera KMT will extract a minimum of 2,500 tonnes of ore after a seven-month development period to keep the contract in good standing, thereby providing a consistent revenue stream for Red Metal’s Chilean operations. The term of the contract is five years and can be renewed. 



Minera KMT will also begin operations on the Farellon mineral concessions, a 66-hectare concession within the larger 3,278 hectare Carrizal Project. The company plans to rehabilitate the historical workings and begin mining on Level 7 from which a total of 5,080 tonnes of ore were extracted between 2016 and 2017, grading 1.97% copper, 9.62 grams per tonne silver, and 0.14g/t gold.



Red Metal CEO Caitlin Jeffs says the copper bearing ore at Carrizal is readily accessible and an experienced local miner has been engaged. 



“This continued mining effort on the Carrizal Property directly supports Chilean mining and local miners in the area and provides a reliable revenue stream for Chilean operations,” Jeffs says. 



Red Metal Resources is a mineral explorer focused on growth through acquiring, exploring, and developing clean energy and strategic mineral projects.



Write to Aaliyah Rogan at Mining.com.au



Images: Red Metal Resources]]>
            </summary>
                                    <updated>Mon, 18 May 2026 06:42:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[Mining is being placed on the frontburner in Zambia, and it’s not just about copper]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/mining-is-being-placed-on-the-frontburner-in-zambia-and-its-not-just-about-copper-20260518" />
            <id>https://newswires.com.au/140084</id>
            <author>
                <name> <![CDATA[stockhead.com.au]]></name>
            </author>
            <summary type="html">
                <![CDATA[
Zambia heads to the polls on August 13, with miners waiting to see if a President who has placed foreign investment on his agenda will remain in power
ASX uranium developer Atomic Eagle is among the Zambian focused plays benefitting from the country’s focus on its mining sector
CEO Phil Hoskins says the stable jurisdiction is well placed to become a uranium exporter through its Muntanga project

The Zambian people will head to the polls on August 13, 22.5 million strong expected to return a government that has put the modernisation of its mining sector at the forefront of its agenda.
Hakainde Hichilema, known colloquially as Bally, put five election defeats behind him by claiming 59.02% of the vote in 2021’s run off with incumbent Edgar Lungu.
Hichilema, a major cattle rancher and former CEO of Grant Thornton Zambia, has made the revival of the southern African country’s mining industry a major focus of his Presidency, drawing investment from both Chinese and North American sources.
It’s been expressed most starkly in the country’s stated target to become one of the world’s largest copper producers.
Zambia is running at around 640,000tpa and hosts the major Lumwana (Barrick), Kansanshi and Sentinel (both First Quantum) mines.
By early in the 2030s, the dream is to hit 3Mtpa.
Lofty ambitions, reflected in the announcement of the start of the US$2.2bn Mingomba project by Kobold Metals, a private mining firm whose backers include Bill Gates, Jeff Bezos and Sam Altman.
The high grade deposit is projected to produce around 300,000tpa, with US$600m to be spent in the country this year.
“This means more than jobs and community revival; it is about Zambia taking its rightful place globally in copper production,” Hichilema said at a recent shaft sinking ceremony.
That came after Zambia’s mines ministry said copper mad BHP, the world’s biggest miner, was looking to pursue large-scale copper exploration in the country, where it doesn’t currently operate.
Its investment attrac...]]>
            </summary>
                                    <updated>Mon, 18 May 2026 06:20:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[Kristie Batten: Power putting new rare earths project on the fast track]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/kristie-batten-power-putting-new-rare-earths-project-on-the-fast-track-20260518" />
            <id>https://newswires.com.au/140085</id>
            <author>
                <name> <![CDATA[stockhead.com.au]]></name>
            </author>
            <summary type="html">
                <![CDATA[One of Australia’s top mining journalists, Kristie Batten, writes for Stockhead every week in her regular column, keeping a watchful eye on the movers and shakers of the small cap resources scene.
Just two weeks after Power Minerals (ASX:PNN) completed the acquisition of the Morro do Ferro rare earths project in Brazil, drilling is about to get underway.
Power announced the $6 million acquisition in March and, later that month, signed on rare earths specialist Alistair Stephens as CEO.
Stephens, now into his eighth week in the job, cut his teeth in rare earths at Arafura Rare Earths (ASX:ARU) in 2004.
“My last role was with Lindian Resources (ASX:LIN),  where I took an early stage acquisition project right through to a feasibility study in 18 months – because it had a mining licence – and got it from a $30 million market cap, and it’s now $1.5 billion,” Stephens told an investment lunch in Perth last week.
“I have an eye for good projects, especially when it’s rare earths.”
Sweet opportunity
Stephens just returned from visiting Morro do Ferro in Brazil and described the project as an exciting opportunity.
Previous drilling results at the project have included 60.85m at 89,177 parts per million, or 8.92%, total rare earths oxide from surface to end of hole; 70.9m at 79,997ppm, or 8%, TREO from surface to EOH; and 60.6m at 70,217ppm, or 7.02%, TREO from surface to EOH.
Individual samples have included 2m at 34,835ppm (3.48% of whole rock) magnetic rare earth oxides from 9m; 2m at 33,569ppm (3.36%) MREO from 44m; and 2m at 31,860ppm (3.19%) MREO from 38m.
“These are extraordinarily high numbers, so it gives me a severe amount of confidence this project really has the tangibles to get to production quickly and be a world-class asset,” Stephens said.
“Might not be particularly large in terms of the resource, but it’s going to be very sweet and very high-grade and high-quality.”
The first drilling program under Power’s ownership will begin before the end of the month.
The...]]>
            </summary>
                                    <updated>Mon, 18 May 2026 06:15:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[Is now the time to buy ASX travel shares with brokers tipping up to 100% upside?]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/is-now-the-time-to-buy-asx-travel-shares-with-brokers-tipping-up-to-100-upside-20260518" />
            <id>https://newswires.com.au/140082</id>
            <author>
                <name> <![CDATA[fool.com.au]]></name>
            </author>
            <summary type="html">
                <![CDATA[For the most part, travel shares have been an ASX loser in 2026. 



Investors have grown increasingly concerned that persistent inflation, elevated interest rates and the ongoing conflict involving Iran will weigh on global travel demand. 



Rising oil prices linked to tensions in the Middle East have also pushed up airline fuel costs and increased airfares, while higher borrowing costs and cost-of-living pressures have made consumers more cautious about discretionary spending such as holidays and business travel. 



The conflict has also created broader uncertainty around global economic growth and disrupted some flight routes and travel patterns, prompting investors to reassess earnings expectations across the tourism and aviation sectors. 



As a result, travel-related stocks have faced sustained selling pressure amid fears that demand could weaken further. 



While the bear case is clear, these headwinds are likely to prove temporary if inflation moderates, interest rates begin to ease and geopolitical tensions stabilise over the medium term.



This has created a value opportunity for ASX travel shares. 



While these headwinds are likely to persist in the short term, here are three options to consider for a long-term recovery. 



Qantas Airways (ASX: QAN)



Qantas shares currently sit close to a 52-week low. 



They are now down more than 18% year to date. 



While rising fuel costs are a threat to the bottom line this year, the airline's dominant market share that has made it a blue-chip stock remains unchanged. 



As the Motley Fool's Samantha Menzies laid out last week, Qantas' market share, expanding offshore routes and AI adoption all are green flags for the company. 



Brokers have placed an average price of $11.04 on Qantas shares.Â 



From current levels, this indicates an upside of almost 30%. 



Helloworld Travel (ASX: HLO)



Helloworld Travel is another example of heavily sold off travel shares. 



Year to date, its share price is do...]]>
            </summary>
                                    <updated>Mon, 18 May 2026 05:15:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[Nick Bruining: How Treasurer Jim Chalmers’ Budget changes affect your family trust]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/nick-bruining-how-treasurer-jim-chalmers-budget-changes-affect-your-family-trust-20260518" />
            <id>https://newswires.com.au/140081</id>
            <author>
                <name> <![CDATA[thewest.com.au]]></name>
            </author>
            <summary type="html">
                <![CDATA[If you’re involved in a family trust, special tax concessions announced by Treasurer Jim Chalmers last week mean now might be the time to rearrange your affairs. ]]>
            </summary>
                                    <updated>Mon, 18 May 2026 04:00:00 +1000</updated>
        </entry>
            <entry>
            <title><![CDATA[ASX 200 energy shares rise as global oil shock drags on]]></title>
            <link rel="alternate" href="https://newswires.com.au/share/asx-200-energy-shares-rise-as-global-oil-shock-drags-on-20260517" />
            <id>https://newswires.com.au/140080</id>
            <author>
                <name> <![CDATA[fool.com.au]]></name>
            </author>
            <summary type="html">
                <![CDATA[ASX 200 energy shares outperformed last week, rising 2.66%, as the oil shock continued to plague the global economy.  



Meanwhile, the S&amp;P/ASX 200 Index (ASX: XJO) fell 1.3% to finish the week at 8,630.8 points.



The market turned pessimistic after changes to investment taxes were announced in the Federal Budget on Tuesday. 



The changes contributed to the largest one-day fall in history for Commonwealth Bank of Australia (ASX: CBA) shares on Wednesday.



Five of the 11 market sectors finished the week in the red.



Let's review.



What happened with ASX 200 energy shares last week?



The Brent Crude oil price shot 5.5% higher to US$107 per barrel last week as negotiations to end the Iran war stalled. 



The Strait of Hormuz, through which about 20% of the world's gas and oil supply is shipped, remained effectively shut down.



On Friday, Trading Economics analysts said: 




The key shipping route remains under a dual blockade that has emerged as a central obstacle in negotiations, with President Donald Trump saying the current ceasefire was on "massive life support" after dismissing Tehran's latest response to his peace proposal. 



Meanwhile, the IEA reported that crude and fuel flows through the Strait of Hormuz dropped by around 4 million barrels per day in March and April, warning that the global oil market could stay materially undersupplied through October even if the conflict is resolved next month.




Meanwhile on the market, the Woodside Energy Group Ltd (ASX: WDS) share price rose 3.99% to close at $31.25 on Friday.



The Santos Ltd (ASX: STO) share price lifted 4.79% to $7.88.



The Ampol Ltd (ASX: ALD) share price rose 2.49% to $35.05. 



The Viva Energy Group Ltd (ASX: VEA) share price lifted 2.7% to $2.28.



Karoon Energy Ltd (ASX: KAR) shares ascended 6.63% to close the week at $2.09.



Beach Energy Ltd (ASX: BPT) shares swung 2.31% higher to $1.11 apiece.



ASX 200 market sector snapshot



Here's how the 11 market sectors s...]]>
            </summary>
                                    <updated>Sun, 17 May 2026 19:45:00 +1000</updated>
        </entry>
    </feed>
