What was the biggest trend coming from Fortescue Metals’ (ASX:FMG) results? Fortescue delivered strong FY26 results, underlying profit rising to US$3.5 billion and record iron ore shipments.

However, the standout trend in the commentary was AI moving into the heart of mining. Fortescue is already using AI across drilling, processing, rail and haulage, with the potential to cut costs and improve productivity.

Fortescue isn’t just digging up iron ore. It’s using technology to make mining smarter and cheaper, while continuing to invest in copper and renewable energy. AI is moving from the tech sector into mining, potentially changing how some of Australia’s biggest resource companies operate and make money.

#mining #AI #stocks #finktok #finance

Meeka Metals (ASX:MEK) has intersected visible gold approximately 300 metres below its existing Turnberry Underground Reserve, highlighting a deeper gold system that is now the target of an accelerated exploration program.

⛏️ Visible gold at depth: Drilling identified visible gold at 632.8m depth, beneath the existing Turnberry Underground Reserve.
🪨 Deeper gold system: The intersection highlights potential for gold mineralisation to extend significantly below the current underground reserve, with further drilling required to determine its scale and continuity.
👷‍♂️ Second rig mobilised: Meeka Metals has mobilised a second drill rig to accelerate exploration of the deeper gold system and test the potential for additional mineralisation.
The announcement underwrote a 13% rise in Meeka’s share price, adding approximately $41 million to its market capitalisation as the market responded to the deeper exploration results.

“...The identification of visible gold at this depth provides an exciting opportunity to test for extensions to the Turnberry gold system.” - Tim Davidson, Meeka Metals Managing Director

Smart Parking (ASX:SPZ) has delivered record FY26 results, with its proprietary technology and AI capabilities increasingly driving growth across global markets. The company’s SmartCloud AI engine is processing hundreds of millions of images, while its ANPR platform continues to expand across the UK, US, Germany and other markets. With new AI-powered products including Smart Vision, SmartCloud Hub and its parking app, Smart Parking is evolving into a technology-led platform. CEO Paul Gillespie joins The Stock Network’s Lel Smits to discuss the company’s AI transformation, global expansion and next phase of growth.

🤖 AI transforming parking
🌎 Expanding across global markets
🚘 Building a technology-led platform

Powerhaus Uranium has listed on the ASX under the ticker POW. The mineral explorer wholly owns the Malbec, Polo and El Tropezón uranium projects in Argentina’s Chubut province, one of the world’s less explored uranium regions. The Malbec Project covers 2,000 sq km and includes Insitu Leach Recovery uranium targets. Powerhaus has also agreed to acquire the Hidden Bay Uranium Project on the eastern edge of Canada’s Athabasca Basin. IPO proceeds will fund geological mapping, geochemical sampling, radiometric and geophysical surveys, and drilling to test priority targets.

Board of Directors: Independent Non-Executive Chairman - Richard Pearce; Executive Director, Managing Director/Chief Executive Officer - Siobhan Lancaster; Independent Non Executive Director - Steve Blower; Independent Non Executive Director - Andrew Penkethman; Independent Non Executive Director - Sashi Davies; Executive Technical Director - Philippe Portella Senior Management: Joint Company Secretary - Steven Wood; Joint Company Secretary - Sarah Hobson

Media: The Stock Network, Lel Smits

What`s a kangaroo bond and what does it have to do with investing? A kangaroo bond is when a foreign company borrows money in Australian dollars. Other markets also have their own names for this too - In Japan, it’s a Samurai bond and in the US, it’s a Yankee bond.

Kangaroo bonds have been making news recently because Google’s parent company, Alphabet (Nasdaq: GOOG), just issued one for the first time. Alphabet reportedly raised A$5.5 billion from the issuance after receiving bids worth over A$18 billion.

Alphabet is ramping up to build data centres. Australian super funds are among the biggest buyers of these bonds. So some of the money backing these data centres is Australian retirement savings. The AI boom has to be funded by someone. Turns out that includes us.

#tech #investing #stocks #AI #Australia

Titan Minerals (ASX:TTM) identifies a new shear-hosted gold-silver mineralisation zone at its 100%-owned Dynasty Gold Project in Ecuador, with drilling returning a high-grade intercept outside the project’s current mineral resource.

⛏️ High-grade discovery: Diamond drilling returned 33.5m at 6.6g/t gold and 55.5g/t silver from 236.7m, including 4.5m at 39.5g/t gold and 362g/t silver.
📍 Outside current resource: The abovementioned mineralisation sits at the Brecha-Comanche target within the Cerro Verde prospect and forms part of a newly recognised northwest-trending structural corridor.
📈 Resource growth potential: Titan Minerals says the new style of mineralisation may have been missed by previous drilling, with follow-up drilling planned to test repetitions and extensions. The company is also advancing a 10,000m resource drilling program ahead of a planned resource update in early calendar 2027.

Titan Minerals CEO Melanie Leighton said the results represent a breakthrough in understanding the mineralisation pathways at Dynasty, with further drilling now planned to assess the potential to materially enhance the resource.

“These latest results add further weight to the theory that the more we drill at Dynasty, the more mineralisation we will continue to discover.” – Melanie Leighton, Titan Minerals CEO

Kincora Copper (ASX/TSXV: KCC) continues to advance its hybrid prospect generator strategy, with partner-funded drilling at Nevertire South, nine holes completed at Condobolin and new exploration targets generated through AI and traditional geological reviews. The company is also progressing potential new partners across four projects, while holding approximately A$12M in cash and expecting a further US$5M from the divestment of its Mongolian assets. President and CEO Sam Spring joins The Stock Network’s Lel Smits to discuss Kincora’s June quarter results and the exploration and corporate catalysts ahead, Sam says more ore deals and more drilling are coming up.

🇦🇺 Drilling across two NSW projects
🤖 AI-driven exploration and new targets
🤝 Partnerships and funding the next phase

When does an Aussie company stop being Aussie? Zip Co (ASX: ZIP) is a buy now pay later company founded in Sydney in 2013, with an initial focus on Australia.

Fast forward to today and 76% of all transactions on Zip happen in the US with US customer numbers growing over 9% last year while Australian and New Zealand customers fell 8%. Zip has also shut down its New Zealand operations, is weighing a dual listing on a US stock exchange and scheduled its next investor events in New York.

Zip just reported record cash earnings, so this isn`t a failure, rather a company recognising its market opportunity. Local success stories can stay Australian in name while their growth happens elsewhere.

#wallstreet #US #stocks #ASX #money