Capability X defies AI blues with stellar ASX debut

The Sydney Morning Herald - Nov 12, 2026

Capability X has defied weak IPO conditions and global AI stock jitters, surging almost 50% to close at 29c on ASX debut after raising $12 million to expand its industrial safety technology.

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The video game is the first new instalment in 13 years of one of the best-selling entertainment franchises in history. Australian businesses expect staff absenteeism to soar.

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Nov 11, 2026

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David Jones has told suppliers and staff that half of its stores will close as the receivers in charge of the embattled department store owner attempt to make the business viable again.

ASX closes higher as BHP rebounds, tech stocks rise; CBA, Macquarie Bank fall
Nov 11, 2026

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The Australian sharemarket edged up in Wednesday’s session, erasing early losses and shrugging off falls on Wall Street, where inflation figures spooked investors.

Augustus nails 71m gold hit at WA Music Well project
Nov 11, 2026

Augustus nails 71m gold hit at WA Music Well project

Augustus Minerals has hit a 71-metre-wide gold zone from 15m deep at its Music Well project in WA, with the rods now spinning at a new target with rock chips up to 30.4g/t.

Orbit kicks off partner-funded NSW copper-gold drilling
Nov 11, 2026

Orbit kicks off partner-funded NSW copper-gold drilling

Orbit Resources has started partner-funded drilling at its Goodrich copper-gold project in NSW, targeting extensions to a previous porphyry discovery that hit 136.55m of mineralisation.

Trump’s Fed nightmare: Rates won’t be slashed. They could surge now
Nov 11, 2026

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Larvotto extends NSW high-grade gold-antimony system at Hillgrove
Nov 11, 2026

Larvotto extends NSW high-grade gold-antimony system at Hillgrove

Larvotto Resources has hit high-grade gold-antimony up to 9.61g/t gold equivalent at the Freehold prospect in its NSW Hillgrove project, doubling the mineralised strike to 700m.

Qantas using AI as ‘Trojan horse’ for lay-offs, says union
Nov 11, 2026

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Citing the impact of AI, the airline will send 850 back-office jobs, “mostly” to India, through professional services firm Accenture.

Locksley locks onto 10km copper trend in NSW land grab
Nov 11, 2026

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Peruvian copper muscle drives US$50M earnings bonanza for Rio2
Nov 11, 2026

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TSX-listed Rio2 Ltd banked US$115M in quarterly revenue and US$50M in EBITDA as its Peruvian copper mine delivered and its weather-affected Chilean gold continued to ramp up in Chile.

Macquarie admits ‘bonus’ savings rate failure, agrees to pay $14 million
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I can tell you why Qantas sent 850 jobs to India in just two words
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