♟️ Friday 30 October 2026 Fri, 30 Oct 2026

Aspire Mining has moved the Ovoot Coking Coal Project from planning into site establishment, while its new bond programme has raised US$11.2 million. The funding progress comes alongside only US$2.1 million in quarter-end cash and an estimated 1.8 quarters of available funding.

Power Minerals has reported its strongest Morro do Ferro drilling results yet, alongside a conceptual 9.2 million to 10.7 million tonne Exploration Target in Brazil. But the ASX-listed explorer ended September with A$4.5 million and says it is seeking a strategic capital raising while in a trading halt.

Identitii lifted annual recurring revenue 21% to $865,000 and expanded its sales pipeline 70% during the September quarter as new transaction-monitoring tools went live. But the fintech ended the period with negative cash of $44,000, leaving its near-term funding position dependent on further convertible-note proceeds and improved operating cash flow.

BCAL Diagnostics has completed clinical validation for BREASTESTplus 2 across all breast densities and is targeting a November launch, while expanding Avantect Multicancer access. The commercial push comes alongside $1.895 million in quarterly operating cash outflows, only $580,000 in cash at quarter end and a growing strategic stake in Genetic Signatures.

Alterity Therapeutics says it has begun operational preparations for a Phase 3 ATH434 trial after FDA minutes confirmed the proposed design and registrational pathway in Multiple System Atrophy. The company ended September with A$41.3 million in cash, while a new US patent extends protection for ATH434 to 2045.

Sequoia Financial Group reported a sharp first-quarter revenue decline and pretax loss as authorised representatives left its InterPrac licence. Cash rose to A$11.4 million, but the balance was bolstered by the sale of Centrepoint Alliance shares while ASIC continues to question documentation linked to the InterPrac exit.

Dome Gold Mines has reached a regulatory milestone at its Sigatoka heavy mineral sands project, but remains suspended from trading with no cash on hand and its annual audit unfinished. The company is seeking up to A$3 million through convertible notes while it negotiates funding for valuation work and working capital.

Arafura Rare Earths has moved its Nolans rare earths project from financing decision to early construction, with A$700 million of procurement scope advanced during the September quarter. The company ended the period with A$885 million in cash and term deposits, while major debt and equity funding arrangements remain subject to completion conditions.

Focus Minerals generated A$180.1 million in customer receipts during the September quarter, while Bonnie Vale underground production rose alongside stable processing at Coolgardie. The company finished with A$184.6 million in cash, a A$95.1 million term deposit and a fully franked dividend paid to shareholders.

Rapid Critical Metals reported expanding high-grade silver mineralisation at Webbs and strong processing test results, but ended September with $3.548 million in cash against quarterly relevant outgoings of $3.824 million. The company said it has not yet started a funding process, although it expects to consider its options.

Taruga Minerals has mobilised its first diamond drill rig at the Weioko Gold Deposit since 2009, while preliminary oxide testwork returned gold recoveries of up to 96.27%. The results are encouraging, but the company’s cash position remains tight before a post-quarter option exercise raised A$1.5 million.

Korvest expects its first-half FY27 trading result to come in significantly above the prior corresponding period and ahead of the stronger second half of FY26. The outlook follows record FY26 revenue, a growing order book and major investment in manufacturing capacity.

Zicom Group delivered a third consecutive profitable year, but revenue and shareholder earnings fell sharply after major gas-processing projects were completed. The ASX-listed industrial group has strengthened its balance sheet, though dividends remain deferred while it repays an $8.72 million shareholder loan.

Pivotal Metals has put a A$920 million post-tax NPV on its Horden Lake copper project, while continued drilling and target generation broaden the company’s Quebec growth story. The attraction comes with familiar development-stage caveats: the study is preliminary, includes inferred material and leaves Pivotal with about 2.4 quarters of funding at the reported spending rate.

Paradigm Biopharmaceuticals’ pivotal knee osteoarthritis trial fell below its pre-specified continuation threshold, leaving the ASX-listed biotech in voluntary administration with A$4.33 million in cash. Administrators now have up to three months to assess restructuring options, clinical data and the company’s future.

Spectur closed the September quarter with $762,000 in cash after a $1.10 million operating outflow, leaving it with an estimated 0.69 quarters of funding. The company is relying on cost savings, stronger seasonal receipts, collections of $1.1 million in receivables and a proposed $770,000 R&D tax credit advance to improve liquidity.

Terrain Minerals has started its largest-ever Smokebush drilling campaign after establishing a 54,000-ounce inferred gold resource at Lightning, while newly identified tungsten adds a second critical-minerals angle. The exploration momentum comes with a clear funding constraint: quarter-end cash covered only 1.16 quarters of reported outgoings, before the company placed its remaining rights issue shortfall.

Middle Island Resources has connected three mineralised zones at its Bobija project in Serbia into an 80,000-square-metre shallow polymetallic system, while confirming sizeable copper and gold targets elsewhere in its portfolio. The explorer is also shedding its Northern Territory licences to reduce annual commitments by about $400,000, but reported only $1.694 million in quarter-end cash.

KALiNA Power says its Alberta gas-fired generation portfolio is moving closer to commercial contracting as data centre demand, regulatory reform and grid access rules converge. The company ended the September quarter with A$11.4 million in cash, no debt and an estimated 13 quarters of funding at its current operating burn.

Haranga Resources has moved its Lincoln Gold Project closer to a formal redevelopment study after completing underground access works, securing adjacent land and returning a high-grade result from the first Phase 2 hole. The company ended September with $3.33 million in cash as it weighs the cost and scale of a potential restart.

Cyprium Metals has secured an approximately A$20.7 million institutional placement and outlined a proposed debt extension that could take its staged Nifty funding package to A$83 million. The capital is aimed at advancing the open-pit feasibility study, infrastructure upgrades and a major SXEW expansion while first cathode production remains targeted for Q4 2026.

Cann Group’s September quarter delivered a sharp increase in revenue and exports as its Mildura GMP facility gained traction in Europe. But with just $49,000 in cash, $626,000 of undrawn debt capacity and an estimated 0.9 quarters of funding, the recovery still depends on collections and further financing.

Besra Gold is pushing for a three-year technical study program at its Bau project while negotiations over key Sarawak mining tenure remain unresolved. The Ontario Securities Commission cease trade order also remains in place, with the company holding A$7.586 million and reporting about 4.9 quarters of funding at its current cash burn.

Terragen has completed the induction of 10,600 cattle into its largest feedlot trial and secured Brazilian approval for its probiotic feed additive. But customer receipts fell to $255,000 for the September quarter, while cash declined to $5.73 million amid a CEO departure and chair transition.