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Terra Metals has expanded its Southwest PGM-Cu-Ni discovery to approximately 1,350 metres of strike after drilling 76,000 metres, with a maiden Mineral Resource Estimate targeted for Q1 2027. The company ended September with A$57.9 million in cash, while more than 40,000 samples remained awaiting assay.

Capricorn Metals has completed and commissioned the Karlawinda expansion, lifting the project to a targeted 6.5Mtpa throughput rate while maintaining FY27 production guidance. The company also reported A$113.1 million in quarterly operating cash flow, a larger resource base and federal approval for its next major growth project at Mt Gibson.

Forrestania Resources has secured preferential access to up to 400,000 tonnes of gold-bearing ore from High-Tech Metals’ Mt Fisher project under a 24-month binding agreement. The deal expands a third-party feed pipeline ahead of Forrestania’s targeted December restart of processing at Edna May, although volumes, timing and financial contribution remain uncommitted.

Meeka Metals increased September-quarter gold production to 7,237oz while generating A$13.5 million in mine operating cash flow and ending the period with A$51.2 million in cash. The company is now moving from open-pit mining towards a two-underground-mine operation, with first ore from Fairway targeted for January 2027.

Ordell Minerals has reported broad, shallow gold intersections at McNabs East, with the results expected to support a maiden Mineral Resource Estimate in the December 2026 quarter. Deeper drilling is also extending mineralisation, while the company advances technical work on a potential Barimaia development opportunity.

Antimony Resources has moved its Tecomatlán plant into its first plant-scale antimony concentrate campaign, but reported only 0.9 quarters of funding at September’s cash burn. The campaign could provide the company’s first operating proof point, while also sharpening the need for additional financing or commercial revenue.

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.

Alliance Nickel has approved a second phase of vat-leach testing at NiWest after preliminary results supported continued evaluation of an alternative processing route. The potential prize is a major reduction in water infrastructure, but the company still has to prove the metallurgy, groundwater supply and economics.

Aurora Labs has secured $6 million to expand production of its additively manufactured turbojet systems, with Walkinshaw Group joining the placement as a strategic investor. The raise will fund equipment, production infrastructure and the company’s push from early deliveries towards scaled commercial manufacturing.

Golden Deeps has reported high-grade polymetallic intersections at its Graceland prospect in Namibia, including 9.2% copper, 417g/t silver and 23.2% zinc. The explorer has begun deeper drilling across the Gossan 1 corridor, with A$3.548 million in cash providing an estimated 5.3 quarters of funding.

Barton Gold has more than doubled the reported Challenger underground resource to 230koz of gold at 3.65 g/t, lifting its combined Challenger and Tarcoola resource base to about 400koz. The upgrade strengthens the case for a restart built around the permitted Central Gawler Mill, although most of the new underground ounces remain Inferred and are not Ore Reserves.

Metals X finished the September quarter with A$434.87 million in cash, but Renison production and recovery fell while unit costs rose. The Rentails project’s engineering completion and final investment decision have also moved into the first half of calendar 2027.