Daily Roundup

NoviqTech Services is moving forward with a significant intellectual property acquisition, entering into an agreement with Morphotech Pte. Ltd. to acquire software, source code, and related IP for use in its Carbon Central and Fuel Central platforms. The deal does come with a catch—it requires shareholder approval due to the involvement of former NVQ director Freddy El Turk. In the meantime, NoviqTech has secured an interim licence to use the intellectual property while the acquisition works its way through the approval process. The company is aiming to complete the transaction by the end of 2026.

Over in mining, Auric Mining has scored a major win on cost savings by acquiring a substantial package of processing infrastructure for its Burbanks project. The company picked up a complete three-stage crushing circuit, fine ore bin, conveyors, material handling equipment, and milling structure for just $1.2 million—a deal that's expected to save between $15 and $20 million compared to replacement costs. The equipment, currently located in New South Wales and in excellent condition, will be disassembled and relocated to Burbanks, with installation kicking off in the first quarter of 2027. This acquisition supports the initial 600,000-tonne-per-annum Burbanks CIL plant design and includes spare parts and consumables to keep future capital and operating costs down.

First Au is consolidating its Western Australian gold assets through an all-scrip takeover of Javelin Minerals. The combination brings together four gold projects near Kalgoorlie—FirstAU's Riverina East and Gimlet Gold Projects with Javelin's Eureka and Coogee Gold Projects—representing a combined Mineral Resource of approximately 350,600 ounces of gold. Javelin shareholders will receive 11.7647 new FirstAU shares for each Javelin share they hold, pending FirstAU's proposed 20:1 capital consolidation and a minimum 50.1% acceptance condition.

Metro Mining is ramping up production with its offshore floating terminal, Ikamba, now operating at full strength. The company shipped 756,000 wet metric tonnes in August 2026, marking an 8% increase from the previous month. With the TSA Skardon returning to site in mid-September to take advantage of favorable shipping conditions, Metro Mining is well-positioned to meet its calendar year guidance of 6.6 to 7.1 million WMT for 2026.

Finally, AnteoTech has made a non-cash adjustment to its preliminary final report for the year ended 30 June 2026. The company's loss after tax has increased by $447,580 to $5,375,654, driven by an accounting adjustment related to a lease make-good provision for its Eight Mile Plains premises. The good news? The adjustment doesn't impact the company's cash position, which remains solid at $5,700,745, plus a $5.5 million term deposit maturing in December. The audit is still underway, with completion expected by 30 September.