Victory Metals is pitching its North Stanmore heavy rare earth project in Western Australia to the US defence sector at the Defense Industrial Base Accelerator (DIBX) 2026 in Philadelphia, with chief executive Brendan Clark seeking to embed the asset in allied critical minerals supply chains. The company is targeting defence-grade demand for heavy rare earths used in permanent magnets for missiles, radars and other high-specification systems, positioning North Stanmore as a non-Chinese source. For miners and processors, the move signals growing scrutiny on provenance, offtake security and processing routes suitable for defence qualification.

Silver Mines has reshaped its board at the Bowdens Silver Project in New South Wales, appointing mining executive Nicole Brook and former federal resources minister Joel Fitzgibbon as independent non-executive directors following completion of the project’s Definitive Feasibility Study (DFS). The DFS locks in the technical and economic case for what is billed as Australia’s largest undeveloped silver deposit, giving lenders and regulators a clearer basis for approvals and project finance. For engineers, the move signals progression from study to execution planning, with board-level backing for detailed design, procurement and construction decisions.

Aeris Resources has reported a 295 per cent jump in net profit for FY26, with revenue up 22 per cent to $702.8 million and EBITDA rising 81 per cent to $290.2 million, driven by stronger performance at its Tritton copper operation in NSW and improved commodity prices. The miner cited disciplined cost control and higher copper and gold output as key contributors to increased cash generation and a stronger balance sheet. For mine planners and operators, the result signals continued backing for brownfield optimisation and potential life-of-mine extensions at Tritton.