Latest Cash Flow Reports News

Kaiser Reef produced 6,263 ounces of gold in the September quarter while lifting cash and bullion to A$40 million and fully repaying its Auramet gold loan after quarter end. Henty replaced mined reserves, while Maldon’s exploration program moved underground despite a negative operating cash contribution.

Energy Transition Minerals has completed the acquisition of the Penouta tin, tantalum and niobium mine in Spain and is advancing the studies and permits needed for a potential restart. The company ended September with A$28.93 million in cash, equivalent to 8.4 quarters of funding at the latest reported spending rate.

TMK Energy has posted record quarterly gas production at its Mongolian pilot project while securing regulatory acceptance of a formal gas discovery. The milestone opens an appraisal pathway, but reserves, a production licence and longer-term funding remain unresolved.

Falcon Metals has extended the Blue Moon mineralised system to 850 metres, with high-grade results from the Jasmine and Lotus zones and a fifth gold-bearing zone emerging. A A$30 million placement has left the explorer with A$38.1 million in cash to pursue drilling across Victoria and Western Australia.

Viking Mines has confirmed significant tungsten mineralisation in all five assayed Linka Main holes, while advancing ore sorting, bulk sampling and processing plans in Nevada. The progress comes with no JORC resource yet defined and approximately 1.8 quarters of funding at current cash outflows.

Zeotech has begun an approximately 800-tonne commercial-scale AusPozz production trial while reporting independently replicated mining test results and a 92% average methane reduction in treated landfill cells. The September quarter also brought a non-binding VINCI Construction MOU, further Toondoon resource work and A$6.609 million in cash.

Anax Metals has moved its Whim Creek copper-zinc project deeper into engineering and financing work, while Mons Cupri’s Mineral Resource rises 24% to 6.32 million tonnes. The company is still targeting a fourth-quarter Final Investment Decision, but funding remains non-binding and the larger resource has yet to enter the project’s Ore Reserve or financial forecasts.

Elementos has secured approval for the 8.1km access corridor at its Oropesa tin project in Spain and made its Robledollano smelter option unconditional. The company ended September with A$38.6 million in cash, but still needs primary permits, financing and offtake agreements before a final investment decision.

Manhattan Gold has completed its largest-ever Hook Lake drilling campaign, with strong gold results at Jaws and polymetallic sulphide intercepts at Spectre widening the project’s exploration case. But five assays remain outstanding, the next funding tranche still needs shareholder approval, and the company reports only 1.54 quarters of cash coverage on its current spending basis.

Avira Resources has completed its 4,234-metre Mt Cattlin drilling campaign, with assays still pending from first-pass holes at the historically high-grade Sirdar and Ellendale prospects. The exploration momentum comes alongside $860,000 in cash and an estimated 1.45 quarters of funding.

GreenTech Metals has extended the tested Ayshia mineralised trend at Whundo by about 65 metres beyond its existing resource envelope, with drilling returning 4.76 metres at 7.13% copper plus zinc, gold and silver. The ASX-listed explorer enters the December quarter with more Whundo assays, a resource update and Munni Munni target testing still ahead.

QMines has doubled its Mt Chalmers drilling campaign to 20,000 metres while reporting $10.7 million in cash and a further $1.4 million in contracted receivables. The September quarter also delivered a higher Mount Mackenzie resource, fresh Botos drilling and a pipeline of assays that could shape the next resource update.