Latest Australia News

Janus Electric has secured a repeat A$3.1 million order from California operator King Fio Trucking, lifting its North American order book to 124 trucks. The expansion reuses existing charging and battery-swapping infrastructure, but remains conditional on California incentive approval.

Famien Resources has reported gold mineralisation in most holes from a 3,672-metre RC program at the Bonougbara Trend in Côte d’Ivoire. The explorer is planning geophysical work and follow-up drilling while expanding its permit portfolio and redirecting focus away from Western Australia.

Rhythm Biosciences has widened access to its ColoSTAT blood test, lifted quarterly revenue 64% and advanced reimbursement and NHS evaluation work. The progress sits alongside A$1.803 million in cash and an estimated 1.22 quarters of funding at the current operating burn.

icetana AI returned to revenue growth in FY26, with sales up 31% to $2.47 million and annual recurring revenue reaching $2.6 million. The company remains loss-making, but entered FY27 with stronger recurring revenue, new distribution channels and $4.79 million in cash.

Latitude 66 ended September with A$4.647 million in cash after asset disposals supplied most of the quarter’s funding, while exploration spending and KSB development work move into a more active phase. The company now has a 2,500-metre Finnish drilling program underway, but no financing facilities available.

Cedar Woods has reaffirmed its target for approximately 15% growth in FY27 net profit after tax, backed by more than $763 million in presales and 311 quarterly settlements. But gross sales fell 57% from a year earlier, putting greater emphasis on the company’s planned Q2 marketing push and new stage releases.

Hamelin Gold has reported an ultra-high-grade 2-metre interval grading 101.5 g/t gold from its Phase 2 drilling at Day Dawn, alongside extensions to the Aurora and Altus lodes. Further RC assays and diamond drilling results could provide the next test of how continuous and extensive the system is.

Metal Hawk has reported its strongest Leinster South drilling result to date, including 9 metres at 12.3g/t gold at the Numbat lode. A $1.2 million placement is funding further RC and diamond drilling, with the next assays due in November.

Vita Resources is positioning itself as a small, focused Australian and New Zealand gold explorer, with Ninnis in Western Australia and a new Otago pipeline forming the centrepiece. The company says New Zealand exploration is expected to begin in 2027, while its early-stage projects remain dependent on exploration success, funding and approvals.

Heartland Group has started FY2027 on target, with quarterly ROE, margins and costs all tracking its full-year guidance. Strong Reverse Mortgage growth in New Zealand and Australia helped offset shrinking Rural, Motor Finance and Business Finance portfolios ahead of the proposed TSB merger.

Carnaby shareholders have approved Evolution Mining’s proposed acquisition with 95.42% of votes cast in favour. The transaction now moves to a Western Australian court hearing before a planned November implementation and Carnaby delisting.

European Lithium has secured Supreme Court approval for its proposed share and option schemes with Critical Metals Corp., removing the central legal hurdle to the transaction. The deal is now expected to move from ASX trading to a NASDAQ-listed CRML structure in early November, subject to the court orders being lodged with ASIC.