♟️ Thursday 8 October 2026 Thu, 8 Oct 2026

Southern Cross Gold has accelerated drilling and underground development at Sunday Creek, spending $32.9 million during the August quarter while cash fell to C$84.0 million. The company remains aimed at a maiden mineral resource in the first quarter of 2027, but poor ground conditions have pushed exploration decline completion back by a month.

Servcorp Limited (ASX:SRV) has posted a third consecutive record year, with underlying profit, free cash flow and dividends all rising sharply. The debt-free workspace operator is guiding to another year of strong cash generation while investing in Saudi Arabia, technology and AI-enabled services.

Ausgold advanced construction, permitting and drilling at its Katanning Gold Project during the September quarter, while its proposed A$776 million takeover by OceanaGold began to reshape the development timetable. The planned end-2026 resource update and final investment decision have both been deferred as shareholders prepare to vote on the scheme.

Finder Energy is targeting a final investment decision for its Kuda Tasi-Jahal oil project by 30 November, with approvals and engineering largely complete. The decisive hurdles now sit in financing and contract awards, including the rig, shipyard and EPCI packages.

Cavalier Resources has secured all primary approvals needed to advance Stage 1 mining at its Crawford Gold Project near Leonora. The regulatory milestone shifts attention to funding, site preparation and the finalisation of mining arrangements with SSH Mining.

Ramelius Resources produced 48,839 ounces in the September quarter and generated A$60.2 million in underlying free cash flow, keeping it on track for FY27 guidance. The gold miner also ended the period with A$768.0 million in cash and gold after progressing its Mt Magnet expansion, Rebecca-Roe approvals and share buyback.

Corazon Mining has returned broad gold intercepts from the first two holes of its Chalice drilling campaign, including 4 metres at 9.93 g/t gold. The results offer an early test of extensions south of the historical pit, with most assays still pending.

Elevra Lithium has signed a binding supply agreement with LG Energy Solution for 240,000 dry metric tonnes of spodumene concentrate from Québec over the stated three-year term. The market-linked deal gives North American Lithium a committed battery-sector customer while preserving exposure to lithium prices.

Noxopharm says the FDA has supported its proposed Phase II design and chemical manufacturing strategy for SOF-SKN, its topical treatment candidate for cutaneous lupus erythematosus. The feedback improves regulatory clarity, but the trial remains targeted for the first half of calendar 2028 and is subject to further studies and regulatory requirements.

Tāiko Critical Minerals has submitted its response to Expert Panel comments on the Southern Block of its Barrytown project, with the approval decision still scheduled for 8 December. The company says it has met every deadline so far, but the filing does not indicate whether consent will be granted.