AGP Executive Report
Last update: 11 minutes agoMining & Resources: Alkane has started diamond drilling at its Nagambie antimony-gold project in Victoria, aiming to expand the existing JORC Inferred Resource (539,000 tonnes grading 3.9% antimony and 3.3 g/t gold). Energy & Jobs: IREN shares jumped after it secured grid access for an 800MW AI data centre campus in South Australia, targeting first energisation in 2028 and citing submarine fibre links plus 500+ construction roles and 200+ permanent jobs. Work & Cost of Living: The Fair Work Commission confirmed Australia’s national minimum wage will rise 4.75% from 1 July 2026 to $1004.90 a week ($26.44 an hour), with extra protection for the lowest-paid award classifications. Economy Watch: ABS data shows GDP grew just 0.3% in the March quarter, hit by cyclone disruptions to exports and weaker government spending, while business investment rose on data centre equipment. Corporate Moves: Nova Minerals cleared the final court hurdle to restructure into a new US-based holding company, with trading changes expected from today and implementation set for mid-June. Renewables: Enervest and Taiwan’s Billion Watts will develop a 50MW/200MWh portfolio of sub-5MW solar-plus-storage and battery projects across NSW and Victoria.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
Perspectify News
