Daily Roundup

Wednesday, 16th September 2026 · updated 18:00

NoviqTech Services is moving forward with a significant intellectual property acquisition. The company has entered into an agreement with Morphotech Pte. Ltd. to acquire software, source code, and related IP that will power its Carbon Central and Fuel Central platforms. Since a former NVQ director is connected to Morphotech, the deal requires shareholder approval and must close by the end of 2026. In the meantime, NoviqTech has secured an interim licence to use the intellectual property, keeping operations on track while the approval process unfolds.

Over in Western Australia's goldfields, First Au is making a bold consolidation play. The company is acquiring Javelin Minerals in an all-scrip takeover that brings together four gold projects near Kalgoorlie. Javelin shareholders will receive roughly 11.7647 new FirstAU shares for each share they hold, though this hinges on FirstAU's proposed 20:1 capital consolidation getting the green light from its own shareholders. The combined entity will control three brownfields projects with approximately 350,600 ounces of reported mineral resources. The deal needs 50.1% acceptance from Javelin shareholders to proceed.

Auric Mining is taking a smart approach to cost management at Burbanks. The company has picked up a complete processing infrastructure package for just $1.2 million—a haul that includes a three-stage crushing circuit, conveyors, and milling equipment. The real win here is the expected savings of $15 to $20 million compared to buying new gear. The equipment, currently in New South Wales and in excellent condition, will be disassembled and relocated to the Burbanks site with installation kicking off in the first quarter of 2027. The package also includes spare parts and consumables, which should help keep future capital and operating costs in check.

Metro Mining's operations are humming along nicely. The company shipped 756,000 wet metric tonnes in August from its Bauxite Hills Mine in Cape York, marking an 8% jump from the previous month. The Ikamba offshore floating terminal returned to full strength in late July and is now operating at capacity. With the TSA Skardon set to return in mid-September to take advantage of favorable shipping conditions, Metro Mining is well-positioned to hit its 2026 guidance of 6.6 to 7.1 million wet metric tonnes for the full year.

AnteoTech has made a non-cash adjustment to its financial results. The company disclosed that its loss after tax for the year ended 30 June 2026 has increased by $447,580 to $5,375,654, driven by a lease make-good provision adjustment for its Eight Mile Plains premises. The good news is this doesn't affect the company's cash position, which sits at $5,700,745, plus a $5.5 million term deposit maturing in December. The audit of the full financial statements is still underway, with completion expected by the end of September.

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