Latest Corporate News

Tarrina Resources has expanded the exploration case for both its NSW gold project and South Australian copper-gold project, with six Christmas Gift holes intersecting gold and Walparuta work defining 23 drill targets. The company ended the quarter with $1.72 million in cash, but Walparuta drilling remains dependent on approvals and native title negotiations.

Bindi Metals has expanded its key Drenjak gold intersection in Serbia to 8 metres at 13.1 g/t gold, while identifying further silver and nickel-cobalt targets at Ravni. The exploration progress comes with only A$459,000 in cash and a stated 0.38 quarters of funding, putting the next drilling phase behind a potential capital raising.

Iris Cairns Property has lifted its relevant interest in Reef Casino Trust to 96.50%, crossing the threshold needed to compulsorily acquire the remaining units at $4.67 each. The offer closes on 9 November and Iris says it will not be extended unless required by law.

GCM Corporation has shipped 18 VHD heat-sink products for customer evaluation, while preliminary LED testing recorded lower surface temperatures than aluminium comparators. The commercial progress comes with qualification taking longer than expected and A$4.2 million of cash supporting an estimated two quarters of funding.

Pearl Gull Iron remains suspended from ASX trading while it searches for a transaction that could satisfy Listing Rule 12.1 and support reinstatement. The company ended September with A$1.405 million in cash and expects a further A$2.0 million payment in December from its Cockatoo Island sale.

Octava Minerals is pursuing a staged Argentine fluorspar option while its auditor flags material uncertainty over the explorer’s ability to continue as a going concern. The company ended September with A$322,000 in cash and is relying on shareholder-backed funding to advance both the new project and its Byro critical minerals target.

Australia United Mining generated a $20,803 share of gold and silver proceeds from its Ropewalk operation, but ended September with only about $20,000 in cash. The company says it may sell a listed investment and rely on related-party support to meet its commitments.

Greenwing Resources has progressed DLE testing at its San Jorge lithium project and pushed its Que River pre-feasibility study into early 2027. But with A$1.807 million in cash and an estimated 1.6 quarters of funding at current outflows, project progress remains tied to new financing or strategic deals.

Energy World has received US$60 million directly from Hallador Energy and secured a further US$265 million in escrow after delivering two gas turbines. The remaining payments depend on inspection, refurbishment and completion milestones expected by February 2027.

Richmond Vanadium Technology has submitted a revised preliminary environmental impact statement for its North Queensland vanadium project, setting up a possible public review in early 2027. The company ended September with A$3.49 million in cash and estimated funding for 2.6 quarters.

Chilwa Minerals has expanded its Chilwa project’s heavy mineral sands resource by 56% and added niobium and rare earths to the story. But the annual report also records a larger loss, limited year-end cash and an auditor warning over going concern, despite a subsequent US$3.5 million Nasdaq raising.

Turnstone Resources has completed portfolio-wide magnetic surveys in Sweden and begun reviewing strategic options for its German potash assets, while its September cash balance covered less than one quarter of reported outgoings. The ASX-listed explorer also secured A$1.1 million in placement commitments and expects lower corporate costs ahead.