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West African Resources (ASX:WAF) maintains its 2026 production guidance of 430,000–490,000 oz gold following a robust Q1.

Firebird Metals (ASX:FRB) has been awarded a $2 million grant from the federal government.

Resolution Minerals (ASX:RML) secured $20 million through a successful institutionally-led placement.

The US and Iran are locked in a battle for control of the Strait of Hormuz after failing to meet for a fresh round of peace talks, with both sides blocking the waterway to gain leverage during an extended ceasefire. Bloomberg's Joumanna Bercetche reports from Dubai.

SoftBank Group Corp. is seeking a $10 billion loan secured by its shares in US artificial intelligence giant OpenAI, people familiar with the matter said, as it takes on more debt for its push into AI. Bloomberg's Trista Xinyi Luo reports.

The Future Fund has appointed Richard Brandweiner as its new chief investment officer.

Adisyn (ASX:AI1) secured commitments for an $14 million institutional placement.

Resolute Mining (ASX:RSG) has reported a 9.6% decline in quarterly gold production, attributed largely to rising operational headwinds.

Omega Oil & Gas (ASX:OMA) has capitalised on "strong institutional demand" to raise $60 million.

The Albanese government has formalised a memorandum of understanding with Microsoft (NASDAQ:MSFT), underpinning a $25 billion investment.

McPherson's (ASX:MCP) walked back its previous forecast of moderate growth for FY26, stating it no longer expects a year-on-year increase in underlying EBITDA.

Tom Kang, Research Director at Counterpoint, discusses the outlook for SK Hynix as the company reported a five-fold jump in quarterly profit and reiterated plans to ratchet up its capex this year. He speaks with Haidi Stroud-Watts and Paul Allen on Bloomberg: The Asia Trade.