Latest Development News

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.

Sandfire Resources has extended high-grade polymetallic sulphide mineralisation at its La Juliana prospect in Spain, with drilling confirming 160 metres of strike and electromagnetic surveys indicating potential for at least 350 metres. The exploration result arrived alongside a steady first-quarter operating performance, with FY27 guidance retained.

Wide Open Agriculture has extended Univar Solutions China’s exclusive distribution rights for its lupin protein products through 2028, preserving a route into the mainland Chinese market. But the agreement is not a purchase order: revenue depends first on WOA restoring commercial supply through contract manufacturing.

Brazilian Critical Minerals has moved its Ema rare earth project into FEED, raised approximately A$10 million and advanced the final land-access step for environmental licensing. Its proposed acquisition of a Brazilian magnesium sulphate plant could cover half of Ema’s early reagent needs, but remains subject to approvals, restructuring and plant modifications.

Gulf Stream Energy has assigned maiden Contingent Resources to two oil sands at its Zydeco-1 well in Louisiana and prepared a workover plan to test Homeseeker B. The opportunity remains unproven: the well has not flowed, no reserves have been booked and the deeper Tweedel gas target is still undrilled.

Argent BioPharma has granted Thai Phytomed International exclusive global commercialisation rights to four cannabis genotypes under a 10-year agreement. The deal preserves Argent’s ownership, but royalties depend on TPI generating profitable sales and securing approvals across multiple markets.

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.

Avenira’s approximately $48.9 million rights issue has received more than $44 million in applications and funds ahead of its 30 October close. The raise, combined with $85 million in debt facilities, is intended to fund the Wonarah Project’s direct shipping ore phase.

LinQ Minerals has identified more than 429 metres of visually mineralised core at a new target south of Gidginbung, although laboratory assays are still pending. The ASX-listed explorer also reported broad copper-gold results at Monza, fresh gold hits at Gidginbung and A$14.4 million in cash to fund its next drilling phase.

Final assays from Zenith Minerals’ Dulcie Central drilling have confirmed gold mineralisation in 20 of 24 holes across a corridor excluded from the company’s existing 675,000-ounce Inferred Resource. The results now move the project towards a possible maiden resource estimate, although continuity and classification are yet to be established.

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.

Perseus Mining delivered 92,551 ounces in the September quarter, exceeding its Q1 FY27 production plan while retaining full-year guidance. The bigger catalyst is Nyanzaga, now 88.4% complete and still targeting first gold in January 2027, as the company expands shareholder returns.