Latest Cost Control News

Acrux Limited’s FY26 receipts soared 960% to $5 million, fuelled by licensing milestones and growing generic sales, while FDA guidance clears the way for pivotal Phase III trials of its Female Testosterone therapy.

Argosy Minerals has made significant strides in its 12ktpa Rincon Lithium Project, delivering encouraging process testwork results and securing critical 40MW energy infrastructure, while engaging strategic partners for funding.

Scalare Partners has completed its acquisition of Fishburners, significantly boosting its founder network to around 40,000 and strengthening its national footprint. The company reported steady customer receipts of $5.29 million and raised a $5 million convertible note facility to fund ongoing growth.

Fortescue Metals Group delivered a record 201.3 million tonnes of iron ore shipments in FY26, maintaining cost control despite inflation and advancing its green energy projects. The company flagged a US$525 million impairment on Iron Bridge but remains focused on decarbonisation and growth.

Omni Bridgeway delivered a standout FY26 with record investment proceeds and new commitments, underpinned by disciplined cost management and a robust pipeline.

Michael Hill International reported a 2% rise in group sales and a comparable EBIT increase of up to 57% for FY26, driven by strong performances in Canada and Australia alongside disciplined cost management.

Kingsgate Resources hit its FY26 production target with 86,078 ounces of gold and outperformed cost guidance, while advancing key assets and joining the ASX200.

Predictive Discovery reported a 33% increase in gold production to 64,026 ounces in Q2 2026, driven by Kiniero’s operational ramp-up and advancing development at the Bankan project.

Xenitra Limited (ASX:XEN) has turned around its cash flow in Q4 FY26, reporting positive operating cash flow of A$0.8 million driven by a leaner cost base and a shift towards higher-margin OTC medicines and blockchain-enabled OPAL tokenised sales.

Rand Mining’s cash balance fell to $2.086 million in June quarter as gold sales dipped and operating cash flow turned negative, pressured by higher production and development expenses.

Appen's Q2 FY26 results highlight a robust 26% revenue increase, driven by a 75% jump in its China segment and improving global operations. The company reiterates its full-year guidance amid ongoing AI market growth and operational efficiencies.

American West Metals is progressing its Storm Copper Project towards near-term production while expanding critical metals resources at West Desert, supported by a US$40 million financing and offtake deal.