First Drilling Hits Kasiya Style Rutile
Fortuna Metals is a small ASX-listed miner with exposure to the Mkanda and Kampini projects in Malawi, covering 658km² and sitting directly south of Sovereign Metals’ Kasiya rutile deposit.
Today’s announcement was a strong first look at what Mkanda could potentially hold. The company completed its first ever drilling program…
TLX591-Tx Hits Safety Goals, US Enrollment Now in Sight
Telix is developing a new type of cancer treatment for advanced prostate cancer called TLX591-Tx.
Rather than relying on traditional chemotherapy or standard radiation, this therapy is designed to deliver a radioactive payload directly to prostate cancer cells using an antibody that targets PSMA, a protein that…
The AI-First Military Agenda with Anthropic
The Pentagon is moving aggressively to bring cutting-edge commercial AI into defence work.
A January 2026 military memorandum outlining the US military’s artificial intelligence strategy called for the country to become an AI-first fighting force and to accelerate the integration of leading AI models across warfighting, intelligence, and enterprise operations.
What…
The Market Just Repriced Alaska Exploration Optionality
88 Energy surged 100% today on the back of a corporate presentation that highlighted significant exploration upside, with discovery-focused drilling located adjacent to proven production infrastructure.
The main value driver behind the market re-rate was the successful discovery at South Prudhoe, which confirmed proven Ivishak and Kuparuk reservoirs, along…
The Oil Chokepoint Shock
Brent crude jumped 20% to US$111 per barrel, while the ASX 200 fell 3%, with companies like Karoon Energy, TMK Energy, and Woodside all trading in the green today.
The rally follows output cuts from several producers and the continued closure of the Strait of Hormuz, one of the most important shipping…
Oil Price Shocks The Hidden Risk in Australia’s Economy
For a country that is so rich in resources, it is hard to believe that Australia still imports 90% of its liquid fuel.
That leaves us as one of the most exposed countries to oil price spikes. And any Australian who has filled up recently has felt…
OpenAI Hits a Hard Truth
OpenAI looks to be making a strategic U turn.
Rather than pushing to make direct purchases happen fully inside ChatGPT, the company now seems to be leaning more into its core strength as a search, discovery, and recommendation platform, while leaving the final transaction to external apps and merchants.
That shift says…
ASX Slides 4% for the Week as Oil Jumps and Sentiment Breaks
The ASX 200 fell 1.2% to 8,829, taking losses for the week to around 4%. That marks the worst weekly performance since May 2022, when the RBA shocked markets with an unexpected rate rise.
What makes this move stand out is how quickly sentiment…
Australia’s Inflation Problem
The critical issue for Australia is that we import roughly 90% of our oil.
At the same time, natural gas prices have jumped sharply as fears grow that this conflict could drag on. Qatar has paused LNG production following Iranian drone attacks, cutting near-term supply by almost 20%. Benchmark LNG prices then surged…
A Two Part Raise Sparks a 100% Rerate
Regener8 Resources had a major rerate today, with the stock surging 100% after unveiling a two-part funding strategy to advance its Srebrenica North acquisition. The company secured firm commitments from sophisticated and professional investors to issue 8 million shares at $0.10 each, raising $800,000, and the stock…
