ASX:RMS 18 May 2026

Evolution Mining Stock Just Fell 4.6% — Why Tuesday’s ASX Open Matters

Evolution Mining Stock Just Fell 4.6% — Why Tuesday’s ASX Open Matters

Evolution Mining shares closed down 4.56% at A$11.93 Monday amid a broad sell-off in Australian gold miners, with about 9 million shares traded. The stock is now well below its 52-week high of A$17.75. The S&P/ASX 200 fell 1.5% to 8,505.30, its weakest close since March 31. Gold miners dropped about 4% as investors questioned the outlook for bullion-driven earnings.
May 18, 2026

Stock Market Today

  • NoviqTech Subsidiary Launches Biochar Trial Using Invasive Chinese Apple Tree
    May 27, 2026, 8:53 PM EDT. NoviqTech's (ASX: NVQ) subsidiary Coralia has started trials at its Great Barrier Reef biochar project in Queensland to convert invasive Chinese apple tree biomass into biochar through pyrolysis. The initiative aims to explore biochar yield, operational feasibility, and carbon removal potential by stabilizing carbon dioxide long-term. Chinese apple trees, a declared pest, hinder land use but absorb CO2 when growing. The trial involves harvesting from areas with varied infestation levels and processing biomass at Pyrocal's Toowoomba pyrolysis plant, targeting completion by September 2026. Produced biochar will also support Coralia's low-carbon concrete research with Swinburne University. Outputs will aid partnerships assessing carbon credit markets and carbon removal certification, advancing sustainable land restoration and biodiversity benefits in the Great Barrier Reef catchment area.