♟️ Thursday 15 October 2026 Thu, 15 Oct 2026

WIN Metals is positioning Radio as a potential near-term gold operation, but its A$1.99 million cash balance remains far below the estimated A$19 million funding requirement. Deloitte has highlighted a material uncertainty over the company’s ability to continue as a going concern.

Elevate Uranium has reported strong early performance from its Namibia pilot plant while expanding its uranium resource base to 172.8 million pounds attributable to the company. The next test is whether the final flotation stage and technical studies can convert processing gains into a credible development case.

Paradigm has reported a strong pain and function signal for iPPS outside the US, including a 1.105-point advantage over placebo at Day 112. The result does not revive the halted Phase 3 trial, with the company under administration and a potential funding proposal still unreceived.

Cygnus Metals’ takeover by Central Asia Metals has become effective after the Supreme Court of Western Australia approved the scheme and the court orders were lodged with ASIC. Trading in Cygnus shares is being suspended ahead of implementation scheduled for 27 October.

Neometals reported high-grade gold and copper intersections at Barrambie during the September quarter, but its cash position remains tight after drawing a A$2 million secured loan. The company estimated only 1.08 quarters of funding and is still pursuing A$5 million in unpaid placement proceeds.

Talius Group returned to positive operating cash flow in the September quarter as revenue, subscriptions and annualised recurring revenue all increased. The next test is converting newly contracted work into active deployments, recurring revenue and cash receipts.

Titomic will restructure its Australian and US operations and reduce consultant spending, targeting A$3.0 million in annualised operating cost savings. The company expects to complete the changes by October’s end while repositioning Australia as its global research and development centre.

Charter Hall Long WALE REIT has maintained its FY27 operating earnings and distribution guidance at 25.5 cents per security after delivering 2% FY26 growth. A cheaper, longer-dated debt platform and a $6.1 billion portfolio give the REIT more financial flexibility, although the outlook still depends on execution and property valuations.

Fletcher Building has secured Fast Track approval to expand and deepen its Hunua Quarry, opening access to approximately 225 million tonnes of greywacke. The consent could support more than 50 years of quarry operations, although the announcement does not quantify development costs, timing or financial returns.

Warburg Pincus has refined its non-binding $5.25-per-security proposal for Ingenia, allowing securityholders to retain up to 5 cents of the next half-year distribution. The offer now hinges on exclusive due diligence and a board confirmation due by 19 October, but Ingenia has not endorsed it.

Matsa Resources says all conditions have been satisfied for AngloGold Ashanti’s acquisition of five Lake Carey tenements, putting a further A$45 million payment within 15 business days. The final settlement amount has not yet been received.

Kingsrose Mining has secured the key Finnish approvals needed to advance drilling at Area 6 of its Penikat project, with a January 2027 start still targeted. Appeals remain possible until 20 November, but a separate enforcement order could allow restricted drilling while any challenge is heard.

Antimony Resources has begun processing about 200 tonnes of Chinantla material through its Tecomatlán plant in Mexico, marking its first plant-scale campaign on third-party feed. The result that matters next is not the start-up itself, but whether independent assays validate a saleable concentrate and support continuous operations.

Mount Ridley Mines says its patent-pending Selectro process recovered 91.9% of aluminium and 96.7% of iron from a third-party bauxite sample at below 100°C. The test produced a small, pH-neutral silica-rich residue instead of conventional red mud, but product purification, economics and scale-up remain unproven.

Bass Oil’s September revenue surged to A$1.69 million as Bunian 6 drove a sharp increase in Indonesian production and Cooper Basin sales resumed. The company is now targeting first gas from Vanessa by year end, subject to regulatory approval and remaining site work.

Fiducian Group delivered double-digit growth in underlying profit and lifted its fully franked dividend, despite a one-off $7.95 million ASIC penalty dragging statutory earnings lower. The wealth manager is also betting on AI-enabled adviser productivity and expansion of its external platform business.

Crimson Consulting Australia has passed 50% voting power in Kip McGrath, triggering an automatic eight-day extension to its A$0.75-a-share takeover offer. The target’s directors continue to recommend acceptance in the absence of a superior proposal.

Orezone Gold delivered record consolidated production of 59,674 ounces in the third quarter, with both Bomboré and Casa Berardi positioned for stronger output in the final quarter. The company has reiterated its 2026 production guidance despite a seven-day wildfire-related suspension at Casa Berardi.

KGL Resources has approved the final investment decision for its Jervois copper project, moving the Northern Territory development into full execution. About 60% of project costs are under executed contracts, while first concentrate remains targeted for the first half of 2028.

Midas Minerals has identified up to three high-grade copper positions at its Deblin deposit in Namibia, with assays returning intervals of up to 4.89% copper. The expanding target will now be tested with deeper drilling, additional rigs and metallurgical work ahead of a planned maiden resource estimate in early 2027.

DroneShield has reached A$261 million in FY2026 Committed Revenue, sitting at the midpoint of its existing A$250 million to A$270 million outlook. The counter-drone specialist also has A$29 million committed for FY2027 and A$17 million scheduled for FY2028 and beyond.

CZR Resources has declared its all-scrip offer for Zuleika Gold best and final after lifting voting power to 72.45%, while confirming the structure of a proposed $15 million buy-back. The takeover consideration will not increase unless a competing proposal emerges, leaving the 6 November closing date as the next key deadline.

Adveritas has secured a $2 million placement at a 42.9% premium to its last close, with the proceeds earmarked for product development, marketing and working capital. The funding comes as the company pushes beyond sports betting and gaming while managing delayed Brazilian customer payments.

Medical Developments International CEO Brent MacGregor is stepping down after six years, with CFO Anita James taking over as interim CEO from 15 October. The board has begun searching for a permanent successor as MacGregor prepares to return to North America.