The ASX Daily Tuesday, 5 May 2026

Top StoriesRRL — Regis Resources and Vault Minerals merge to create Australia’s third-largest ASX-listed gold producer targeting 700koz+ annual outputRegis Resources and Vault Minerals have agreed to a merger-of-equals via scheme of arrangement, creating Australia’s third-largest ASX-listed gold producer with a pro forma market capitalisation of approximately A$10.7 billion. Vault shareholders receive 0.6947 Regis shares per share held, leaving Regis holders with 51% and Vault holders 49% of the combined group. The merged entity will be debt-free with A$1.9 billion in cash and bullion, five operating Western Australian assets, a 20.5 million ounce resource base, annualised free cash flow of A$1.7 billion, and over A$500 million in anticipated corporate tax benefits. Jim Beyer will serve as Managing Director and CEO with Russell Clark as Non-Executive Chairman.TLC — Lottery Corporation secures 40-year Victorian licence extension to 2068 for $1.145 billionThe Lottery Corporation has agreed to extend its Victorian Public Lottery Licence by 40 years to 30 June 2068, paying an upfront premium of $1.145 billion funded entirely by new debt facilities. The deal secures TLC’s position as exclusive Victorian lottery operator and pushes the next meaningful renewal deadline out to 2050, substantially de-risking the earnings base for a generation. From FY27, TLC is upgrading its dividend policy to pay 80–100% of NPATA, adding back roughly $44 million in annual licence amortisation — an outcome that should underpin higher and more consistent distributions for income investors.IPT — Impact Minerals scores bonanza silver-gold discovery at Silica Hill with grades up to 20,603 g/t Ag and 27 g/t AuImpact Minerals has intersected exceptionally high-grade silver-gold mineralisation at its Silica Hill prospect in NSW, with discovery hole CMKNI004 returning 0.5 metres of massive sulphide grading 20,603 g/t silver and 27 g/t gold at 230 metres depth — located 100 metres outside the existing mineralised envelope below a fault, confirming the system is significantly larger than previously understood. The broader intercept of 84 metres at 0.6 g/t gold and 123 g/t silver confirms a large-scale system open in all directions. JV partner Kuniko is funding the earn-in and a Phase 2 drill program kicks off in June — both IPT and KNI are stocks to watch ahead of those results.Mid-Tier MoversNXT — NEXTDC secured A$1.8 billion in new credit-approved senior debt commitments from a syndicate of eight major banks including ANZ, CBA, NAB, Westpac, HSBC, ING, Mizuho and MUFG, lifting total available facilities to A$8.2 billion upon financial close expected in July 2026. Pro forma liquidity hits approximately A$8.4 billion, underwriting the capital expenditure pipeline tied to recent data centre contract wins.GMD — Genesis Minerals delivered standout drill results at Gwalia’s previously overlooked upper levels — including 8.3 metres at 43.2 g/t and 27.6 metres at 17.6 g/t gold — from areas largely unmined since the 1960s, which could deliver lower-cost ore than the deeper Heart of Gold zone. The company holds A$600 million in cash with zero bank debt, and a FY27 exploration budget increase is anticipated following current drill success.CAE — Cannindah Resources confirmed a brand-new high-grade Southern Shoot at its Breccia copper-gold deposit in Queensland, with RC drilling returning 44 metres at 2.78% copper-equivalent from 214 metres depth — grades exceeding the existing 14.5 million tonne resource average. The shoot extends over 100 metres of strike and 200 metres vertically and remains open to the south, with the corridor potentially stretching 500 metres beyond the current resource boundary.SX2 — Southern Cross Gold awarded PYBAR Mining Services the underground exploration decline contract at Sunday Creek in Victoria — a 680-metre primary decline with 1,200 metres of lateral development. Once complete, drilling capacity nearly doubles from 11 surface rigs to 24 concurrent rigs, a major step in accelerating one of Australia’s most watched gold-antimony development stories.PEX — The NSW Supreme Court approved Peel Mining to hold a shareholder meeting on 15 June for Aeris Resources to acquire 100% of the company via scheme of arrangement. Before the acquisition completes, Peel will demerge subsidiary Spectre Metals, distributing its remaining Cobar Basin assets in-specie to existing shareholders. The board unanimously recommends both votes, with major shareholder Perth Capital also signalling support.FEG — Far East Gold grew its Idenburg gold resource in Papua, Indonesia by 44% to 780,000 ounces at 3.1 g/t, driven by an upgraded Sua estimate and a maiden resource at the new North Bermol discovery. With 11 of 15 identified prospect areas still untested, the company has engaged Mining One to commence a Scoping Study — significant upside remains on the table.Rapid Fire* SGQ — St George Mining intersected over 100 metres of rare earth and niobium mineralisation 200 metres north of its existing Araxá resource in Brazil, confirming a major northern extension and likely resource growth, with peak grades of 5.80% TREO.* BGD — Barton Gold produced a gravity concentrate grading over 100,000 g/t silver from its Tolmer prospect in South Australia using simple washing and panning, with a 4,000-metre RC drill program expedited to mid-May.* EYE — Nova Eye Medical upgraded FY26 revenue guidance to US$22–23 million after back-to-back monthly US sales records in March and April, with trailing twelve-month sales up 26% year-on-year and first-ever positive EBITDA from operations recorded in Q3.* AGE — Alligator Energy’s Samphire uranium ISR field trial hit its 70% recovery target with solution grades of 115 mg/L, beating global benchmarks and the company’s own scoping study assumptions. A second well pattern test commences shortly with results expected Q3 2026.* ALQ — ALS Limited disclosed a cyber attack causing temporary operational disruption across parts of its global testing and inspection network. Most operations have been restored but data impact is still being investigated, with the Australian Cyber Security Centre notified.* MGOC — Magellan is handing its MGOC active ETF to Vinva Investment Management, cutting the management fee from 1.35% to 0.89%, scrapping the performance fee, and shifting from a concentrated 20–40 stock portfolio to a 300-plus stock systematic strategy from June 2026.* VNT — Ventia won approximately $340 million in Victorian road maintenance contracts across the Grampians and Eastern Metropolitan regions, commencing July 2026 over a four-year base term with extension options of up to four additional years.ASX Daily Digest · Not financial advice · Price-sensitive announcements only This is a public episode. 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