DevEx Resources has intersected shallow uranium mineralisation at the Nabarlek uranium project in the Northern Territory, with first-pass drilling returning up to 1.7m at 1116ppm uranium equivalent and 2.3m at 920ppm at the Nabarlek North prospect. The intersections come from a 40‑hole, 11,050m reverse circulation and diamond drilling campaign across four priority targets around the historic Nabarlek mine. Results suggest continuity of mineralisation along key structures, signalling follow‑up step‑out drilling and closer‑spaced resource definition work for potential restart studies.

KGL Resources has received the second US$16 million tranche from Wheaton Precious Metals International, completing the US$32 million early deposit under its precious metals purchase agreement for the Jervois copper project in the Northern Territory. The release followed Foreign Investment Review Board approval for Wheaton and evidence of early works expenditure on site. The PMPA structure gives Wheaton future rights over Jervois precious metal by-products, while providing KGL with upfront funding to progress project development and associated mine and plant design.

EQ Resources posted record September 2026 quarter revenue of $158.8 million from consolidated tungsten sales of 49,715 metric tonne units, a 101 per cent jump quarter-on-quarter driven by higher output from its Australian and Spanish operations. Stronger production and pricing lifted group cash holdings materially, giving the company greater flexibility for mine development, plant upgrades and potential resource drilling. The result signals robust demand and price support for tungsten concentrates, a key input for hardmetals, drilling tools and wear-resistant components.