Latest California News

Compumedics has secured a $2.15 million placement to fast-track commercialisation of its Somfit D device following early FDA approval, positioning the company for significant growth in the US home sleep testing market.

Haranga Resources has raised $14 million through an oversubscribed placement led by Collins St Gold Fund, aiming to fast-track exploration and development at its Lincoln and Ibel South gold projects.

Locksley Resources has upgraded its U.S. trading status to the OTCQX Best Market, enhancing its visibility among American investors and reinforcing its strategic focus on critical minerals at the Mojave Project in California.

Treasury Wine Estates has withdrawn its fiscal 2026 EBIT growth guidance following softer-than-expected Penfolds sales in China and distribution disruptions in California, signaling a cautious outlook for its key markets.

Locksley Resources has expanded the Desert Antimony Mine target at its Mojave Project by 400%, revealing a new parallel structural zone and boosting the project's potential as a critical U.S. minerals hub.

Power Minerals Limited has secured an option to acquire the Gamma Heavy Rare Earths Project in California, adjacent to the Mountain Pass Mine, backed by a $4.1 million placement to accelerate exploration.

Locksley Resources has produced a high-grade antimony concentrate exceeding market standards from its Desert Antimony Mine in California, marking a significant step toward a fully domestic US antimony supply chain.

Haranga Resources has validated exceptional high-grade gold mineralisation at its Ibel South Gold Project in Senegal through detailed single metre assays, setting the stage for an ambitious 3,000-metre follow-up drilling campaign.

Renegade Exploration Limited has encountered competing mining claims over its recently staked ground in California’s Mountain Pass, prompting investigations into claim validity and potential legal action.

Cobram Estate Olives has successfully closed a $6.1 million Share Purchase Plan alongside a $2 million shortfall placement, fueling its US growth ambitions. The capital raise complements a recent $175 million institutional placement, underpinning the company’s strategic farmland acquisitions and olive grove developments in America.

Locksley Resources has gained critical regulatory approval and secured contractors to advance its Mojave Project, accelerating exploration of antimony and rare earth elements in California.

Select Harvests updates on its 2025 almond crop, revealing a slightly smaller harvest than forecast but a strong reduction in net debt and a promising 2026 bloom outlook.