
Lumos Diagnostics Secures Full US Medicare Reimbursement Recognition for FebriDx Test

Revolver Resources Unveils Major Upgrade to Copper Resource At Dianne Project

Challenger Gold Signs Key Contract, Completes First Production Blast at Hualilán Project in Argentina
Market Overview
ASX 200 Index
| Code | Company | Price | Change | % |
|---|

Weekly wrap: Harsh day on ASX wipes off $40 billion
Another bruising day on the Australian share market on Friday saw it shed almost $40 billion and sink to a six-month low as hopes for US rate cuts once again diminished. The ASX 200 dropped by 136.20 points, or 1.6%, to 8416.50 points as AI worries in the US transferred directly to our market.

Metals Recycling: The missing link in critical mineral security
One solution in the global race to secure critical minerals is gaining traction: metals recycling. In a recent episode of the Minerals Metals Initiative podcast, Hugo Schumann explained why recycling is a strategic necessity for national security and sustainability.

Gold’s Glitter Dims, But Analysts Say the Shine Isn’t Gone Yet
Gold has hit a rough patch this month, but leading analysts believe the weakness is only temporary, with Goldman Sachs seeing the recent dip as more of a short-term correction than the beginning of a prolonged downturn.

Why China’s Lithium Rally Could Be the Turning Point, and What it Means for Australian Lithium
China’s lithium carbonate futures ripped to their highest levels since June 2024 in mid–late November, capping a >17% month rally and briefly hitting the daily limit up.

Calix Signs $35m Development Agreement with Rio Tinto for Zesty Green Iron Demonstration Plant
Calix (ASX: CXL) has made a significant breakthrough in its plans to develop a local green iron industry, with the signing of a $35 million joint development agreement with Rio Tinto (ASX: RIO).

The Lithium Turnaround: Pilbara, Liontown, IGO, MinRes, and Global Lithium Resources to Watch
Australia’s lithium industry is entering an exciting period. Global demand for lithium is rising sharply, electrification is accelerating, and Australia’s hard-rock lithium producers are perfectly positioned to benefit. From rising export earnings to operational leverage and selective growth opportunities, the fundamentals are compelling. We’ve captured the full story in a detailed report, including: Why lithium […]

Boss Energy on Track to Meet 2026 Guidance after Record September Quarter
Boss Energy (ASX: BOE) is on target to match its 2026 guidance after booking a record-breaking September quarter. The company generated robust free cash flow with strong production from its Honeymoon uranium project in South Australia, and costs lower than the forecast annual guidance. Boss enters the new quarter with zero debt, $212.4 million in […]

Boss Energy’s Alta Mesa Uranium Project Unveils New Mineralisation Discoveries
Boss Energy’s (ASX: BOE) investment in the Alta Mesa uranium project in Texas continues to pay off, with news that project operator enCore Energy has identified new uranium mineralisation near existing wellfields. The Australian company acquired a 30% interest in Alta Mesa from enCore in early 2024 for approximately $92 million and the rapidly expanding project’s […]

Revolver Resources Unveils Major Upgrade to Copper Resource At Dianne Project
Revolver Resources (ASX: RRR) has delivered a substantial mineral resource upgrade for its Dianne copper project in north Queensland, with 1.31 million tonnes at 1.38% copper representing a 26% increase in grade compared with the previous estimate.

Challenger Gold Signs Key Contract, Completes First Production Blast at Hualilán Project in Argentina
Challenger Gold (ASX: CEL) has delivered its first production blast at the Hualilán gold project in Argentina, marking the transition from preparatory works to active mining ahead of the planned 1 December start to the Toll Milling Phase.

Advance Metals Recommences Drilling at Yoquivo Project in Mexico with Extensive Diamond Campaign
Advance Metals (ASX: AVM) has returned to its Yoquivo silver-gold project in Mexico to follow up on the significant potential it identified in drilling earlier this year.

Red Mountain Expands Yellow Pine Footprint by 75% as Idaho Antimony Strategy Accelerates
Red Mountain Mining (ASX: RMX) has expanded its Yellow Pine Antimony Project in Idaho’s Stibnite mining district, increasing the project area by 75% after acquiring additional claims immediately northeast of its existing holdings.

Lumos Diagnostics Secures Full US Medicare Reimbursement Recognition for FebriDx Test
Lumos Diagnostics (ASX: LDX) has achieved complete US Medicare reimbursement recognition for its FebriDx point-of-care diagnostic test, securing coverage from all seven Medicare Administrative Contractors.

Orthocell Reports Accelerated Adoption of Remplir Nerve Repair Technology by Australian Surgeons
Orthocell (ASX: OCC) has confirmed accelerating adoption of lead product Remplir by Australian urologists, with the product so far used in approximately 100 prostate cancer surgeries nationwide to assist in post-surgical complications from peripheral nerve injury.

EVE Health Signs Telehealth Agreement with hubMed to Support Dyspro and Libbo Launches
EVE Health Group (ASX: EVE) has entered into a telehealth services agreement with hubMed to enhance the quality and continuity of care for patients using EVE’s therapeutic products including Dyspro for dysmenorrhoea and Libbo for erectile dysfunction.

BCAL Diagnostics on Track for Australian Launch of Aventect Pancreatic and Ovarian Cancer Tests
BCAL Diagnostics (ASX: BDX) is on track to launch the cutting-edge Avantect pancreatic and ovarian cancer tests onto the Australian market in the new year.

Archer Materials Achieves Read-Out Milestone on Roadmap to Qubit Demonstration
Archer Materials (ASX: AXE) has achieved a key milestone on the journey to qubit demonstration by showing it can electrically-control its quantum device to enable an accurate read-out of quantum information.

Stakk Set to Surpass Forecast ARR on Back of New Embedded Finance Solution Deal with SoFi Technologies
Stakk (ASX: SKK) has signed a three-year contract with US fintech SoFi Technologies for the delivery of its Stakk IQ modular embedded finance solution.
Anteotech Hits Key Performance Benchmarks in Testing of Ultranode X High-Silicon Battery
AnteoTech (ASX: ADO) has reported that testing of its proprietary Ultranode X high-silicon anode has achieved more than 1,000 charge-discharge cycles at 80% capacity retention.

Iondrive Delivers Positive Economics for Modular Rare Earth Recycling As Phase 2 Validation Begins
Iondrive (ASX: ION) has completed a Phase 1 evaluation for a 2,000-tonne-per-annum modular plant designed to recover rare earth elements from end-of-life permanent magnets, with results indicating strong commercial potential for its IONSolv process.

Li-S Energy Secures $7.8m ARENA Grant to Advance Large-Scale Lithium-Sulfur Manufacturing
Li-S Energy (ASX: LIS) has secured a $7.8 million grant from the Australian Renewable Energy Agency (ARENA) to accelerate planning for a large-scale lithium-sulfur battery manufacturing facility.

Vintage Energy to Buy Out Partners Metgasco and Bridgeport in Odin-Vali Gas Joint Venture
Vintage Energy (ASX: VEN) has moved to expand its central Australian gas production interests with the proposed acquisition of Metgasco’s (ASX: MEL) and Bridgeport Energy’s interest in the Odin and Vali fields.

3D Energi Intersects Two Gas-Bearing Reservoirs at Essington-1 Offshore Well in Otway Basin
3D Energi (ASX: TDO) has confirmed gas-bearing intervals in both the Waarre A and Waarre C reservoirs at its Essington-1 exploration well in the offshore Otway Basin, with wireline logging and pressure data indicating the presence of moveable gas.

Blue Energy Well Placed for Growing Queensland Gas Opportunities after Successful September Quarter
A string of successes in recent months has positioned Blue Energy (ASX: BLU) to support Queensland's new Energy Road Map, targeting increased capacity of gas and electricity generation between now and 2040.

Star Entertainment Receives Final Regulatory Approval for $300m Equity Conversion
Star Entertainment Group (ASX: SGR) has received final regulatory approval to implement its $300m strategic investment from Bally’s Corp and Investment Holdings, allowing both groups to convert their notes into equity and appoint nominee directors to the board.

HITIQ Expands into North America with Exclusive Canadian Distribution Partnership for PROTEQT Mouthguards
HITIQ (ASX: HIQ) has launched its North American market entry strategy through the appointment of former Saskatchewan Junior Hockey League chair Rick Shultz as exclusive distributor for its PROTEQT concussion-management mouthguards across Canada.

SRJ Technologies Executes Joint Venture to Deliver Asset Integrity Services to Middle East National Oil Company
SRJ Technologies Group (ASX: SRJ) has executed a joint venture agreement with CAPSA Engineering & Contracting to provide asset integrity services for a gas infrastructure portfolio owned by a national oil company in the Middle East.

Bioxyne Receives $1.7m Funding from Scottish Government Agency for UK Medicinal Cannabis Manufacturing Facility
Bioxyne (ASX: BXN) subsidiary Breathe Life Sciences UK has received approximately $1.7 million in funding from economic development agency South of Scotland Enterprise (SOSE) to establish its UK medicinal cannabis manufacturing and distribution facility.
Never Miss a Market Move
Get the latest ASX small-cap news, exclusive CEO interviews, and market insights delivered to your inbox.
Free weekly newsletter. Unsubscribe anytime.

Ceretas secures $1m for breakthrough ultrasound therapy for dementia, eyes potential IPO
Australian MedTech company Ceretas has successfully secured $1 million in seed funding to advance its low-cost, portable and non-invasive ultrasound device aimed at treating dementia and other neurological conditions. This funding positions the company closer to a potential IPO as it progresses through clinical research and regulatory steps. Initial capital raise fuels development The recent […]

Stormeur IPO to expand non-surgical cosmetics empire
Non-surgical cosmetics group Stormeur has launched a $7 million capital raising to fund the opening of four new Cosmetique clinics along Australia’s east coast. The company announced an initial public offering (IPO) last month based on a growth strategy that includes two new clinics in Sydney and two in Melbourne, to be established within 24 […]

ASX anticipates surge of IPOs later in 2024
Australia’s pipeline of initial public offerings (IPOs) is expected to ramp up in the new year thanks to a cyclical market on the rebound. Anticipated listings for the second half of 2024 include companies in the industrials, mining and consumer discretionary sectors such as cars, household appliances, specialty items, luxury goods and leisure. According to […]

Guzman y Gomez sets sights on ASX listing with IPO to fund aggressive expansion
In a bold move set to shake up Australia’s fast food landscape, Mexican-inspired chain Guzman y Gomez (GYG) is preparing to make its debut on the Australian Securities Exchange (ASX). The company’s upcoming initial public offering (IPO) is not just another corporate event—it’s a statement of GYG’s ambition to redefine fast food in this country. […]