Latest Expansion News

Patriot Resources has secured five-year exploration and drilling access across its Tassa silver-gold project in Peru, while surface sampling has identified a mineralised structure 2km north of its existing resource. The explorer is now preparing a drill permit application after raising $3 million to fund its next campaign.

Silver Mines has entered the final stretch of the Bowdens approval process after reporting a 93.5 million ounce silver reserve, a completed A$26 million royalty consolidation and A$70 million of new funding. The project’s headline 26-year economics remain partly dependent on a Stage 2 design that is not yet at definitive feasibility level.

Tlou Energy has temporarily shut Lesedi 6 after recurring coal-fines inflows and pump inefficiencies, leaving Lesedi 4 to carry ongoing production testing. Kala Data Centre remains at proof-of-concept scale while Tlou holds just A$57,000 in unaudited cash and seeks funding for its next development phase.

Novatti’s AU/NZ quarterly transaction value rose to $1.2 billion, but regulatory disruption to international BPAY payments pushed revenue lower and left Cash EBITDA negative. The company is targeting an early 2027 relaunch while relying on pipeline conversion and product mix improvements to support its next phase of growth.

Infinity Mining has signed a partially binding term sheet to sell its Cangai Copper Project for $1.0 million cash, plus the return of approximately $0.2 million in rehabilitation security. The proposed deal would leave Infinity with four years of rights to test and process Cangai slag while its exploration portfolio produces high-grade but early-stage results.

Quantum Graphite has taken Uley 2 FEED work to 80% completion while finalising its Oman refinery plans and revised financing structure. The progress comes alongside A$1.272 million of quarterly operating and investing outflows, just A$50,000 of reported quarter-end cash and estimated funding of 1.33 quarters.

The Calmer Co. posted record Q1 FY27 revenue of A$2.44 million, powered by a sharp lift in US wholesale orders and continued Coles and Woolworths growth. But with A$953,000 in cash against quarterly operating outflows of A$755,000, the kava company remains dependent on further funding and sustained sales momentum.

Energy One has completed its acquisition of European energy software business GMSL, issuing 7,089,780 shares to Fluxys in the process. Fluxys is now Energy One’s largest shareholder and has secured a board seat through nominee director Erik Vennekens.

Galan Lithium says first lithium chloride concentrate sales from Hombre Muerto West remain on track for Q4 2026, with plant data supporting the planned product quality. Earthworks have also started to lift Phase 1 capacity to 5.2ktpa, although development spending leaves the company with a measured funding runway under its Appendix 5B calculation.

Investigator Silver has lodged the Mining Lease Application for its Paris Silver Project and begun a fully funded 30,000 metre drilling campaign. High-grade results beyond the existing mine plan and $55.1 million in cash give the company room to push resource growth and development work in parallel.

Murray Cod Australia has posted record quarterly sales and expanded into hundreds of Woolworths and Coles stores, but the growth story still depends on turning distribution gains into recurring cash receipts. Underlying operating cash outflow remained A$4.27 million after excluding a one-off R&D tax incentive, while August fish mortality exposed an operational risk.

Australian Vanadium has moved its flagship project closer to an Optimised Feasibility Study while adding new industrial battery opportunities with Alcoa. But the September quarter also reduced cash to $12.4 million, leaving an estimated 2.5 quarters of funding at the reported spending rate.