Latest Boardroom Shifts News

Aurelia Metals generated its strongest quarterly Cobar operating cash flow since 2018 as higher gold, copper and zinc production lifted cash to A$160.7 million. The company reaffirmed FY27 guidance while moving closer to a major Peak processing expansion.

Global Gold Mining has reported flotation recoveries of up to 91.4% from laboratory testwork at its Sturec Gold Project in Slovakia, while ongoing drilling supplies data for the project’s pre-feasibility study. The company ended September with $6.134 million in cash after quarterly operating and investing outflows of $1.547 million.

Yandal Resources has extended its high-grade Arrakis discovery with a 20-metre intercept at 8.7g/t gold, including 3 metres at 52.8g/t. The exploration momentum comes with a pressing funding requirement, as the company ended September with $3.29 million in cash and plans an equity raising during the December quarter.

TALi Digital has appointed William Hamilton as chief executive and managing director, placing the former DigitalX executive at the centre of its Datasphere commercialisation push. The leadership change also moves Dr David Brookes to non-executive chair and includes a proposed performance-rights package subject to shareholder approval.

Chalice Mining is preparing to run an eight-week full-flowsheet pilot plant at Gonneville as it advances feasibility work, environmental approvals and formal copper and nickel offtake talks. The company ended September with A$53 million in cash and listed investments, but major project funding remains unresolved.

Cynata Therapeutics ended September with just A$175,000 in cash after a A$1.316 million quarterly operating drain, but says sweeping cuts and fresh funding could extend its runway into FY2028. The biotech has now reduced its workforce to zero, repaid its R&D loan and shifted focus to finding value for its Cymerus platform.

Botanix’s Sofdra prescriptions rose 5.3% in the September quarter, but flat net revenue and a sharp cash decline have forced a major reset. The company is targeting a roughly 50% reduction in operating expenses while assessing licensing, acquisitions and broader strategic transactions.

Universal Store has opened FY27 with 9.3% growth in direct-to-customer sales, led by a sharp lift from Perfect Stranger. The retailer is maintaining its plan for 16 to 20 new stores despite continued weakness in CTC’s wholesale channel.

Range International sharply reduced its quarterly cash outflow while lifting pallet volumes and building a larger rental fleet. But the next phase still depends on a partly subscribed entitlement offer, external funding and several customer opportunities that remain indicative.

Kingsrose Mining has cleared a major Finnish permitting hurdle that supports a targeted January 2027 drilling campaign at Penikat, although appeals remain possible until 20 November. The explorer also reported A$16.7 million in cash, late-year Finnmark assays and ongoing efforts to secure a funding partner for its Norwegian portfolio.

Lincoln Minerals says air core drilling has confirmed that mineralisation at Eagle Ridge continues up dip, strengthening the case for a targeted diamond drilling program at Minbrie in the December quarter. The explorer ended September with A$3.085 million in cash after receiving A$2.1 million from equity issues.

Amotiv has cut its FY27 revenue and underlying EBITA outlook by up to 5% after first-quarter revenue fell 5% on weaker vehicle demand and Thailand flooding. The ASX-listed automotive parts group will nevertheless launch another buyback of up to 5% of its shares, betting its depressed valuation will recover.