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Alara Resources delivered its strongest quarterly copper sales since commercial operations began, while production remained above nameplate capacity at its Oman mine. Yet the company says the parent may need to raise about A$6 million in FY27 to cover a projected cash shortfall.

Black Canyon has put a 36.1Mt manganese and iron resource behind its Wandanya development push, supported by promising beneficiation testwork and a 3.4km mineralised base case. The next test is whether the December Scoping Study can turn those geological results into a credible project case.

Viridis Mining and Minerals Limited (ASX:VMM) has moved its Colossus rare earths project into execution after reporting a US$1.20 billion after-tax NPV and securing strategic equity commitments of up to US$120 million. The project still needs definitive debt, offtake and approvals before a Final Investment Decision can unlock full construction.

Reach Resources has identified shallow, higher-grade gold zones in grade control drilling at the proposed NW Pit, including 2 metres at 24.6 g/t Au within a broader 7-metre interval grading 7.5 g/t Au. The results largely support the existing resource model while pointing to additional grade and width that could influence mine scheduling.

Prodigy Gold is drilling a deep, untested target at Hyperion while new ore-sorting results strengthen the case for a potential Old Pirate restart. The ASX-listed explorer is also relying on a fully underwritten A$7.92 million entitlement offer after ending the quarter with A$1.95 million in cash and only 1.9 quarters of reported funding.

Centuria Capital Group delivered record assets under management and double-digit operating earnings growth in FY26, while setting a 14% operating profit growth target for FY27. The next test is whether ResetData can convert its expanding AI infrastructure pipeline into revenue without diluting the strength of the property platform.

Nimy Resources has identified a third major gold-in-soil anomaly along its 16km Corporate James Trend, while maiden drilling and ground EM surveys move ahead at the Mons Project. Early Block 3 testwork also returned 84% gallium and up to 95% rare earth extraction, although the work remains at an early technical stage.

Barton Gold has delivered more high-grade Tunkillia drilling, cleared an environmental approvals milestone and advanced feasibility work across its South Australian portfolio. The trade-off is a quarterly cash outflow of A$8.5 million, leaving 2.73 quarters of funding on the Appendix 5B calculation.

Alurion Resources has moved its Amargosa bauxite project into a field development program after completing its A$50 million IPO and ASX listing. Drilling, bulk sampling and logistics work are now feeding a direct-shipping-bauxite pre-feasibility study targeted for mid-2027.

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.

Argosy Minerals has upgraded the JORC mineral resource at its Rincon Lithium Project to 790,000 tonnes of lithium carbonate equivalent, with 600,000 tonnes classified as Indicated. A separate conceptual Exploration Target of up to 1.03 million tonnes has been identified below the resource, adding potential upside ahead of further drilling and the project’s Definitive Feasibility Study.

Li-FT Power has returned a 56-metre intersection grading 1.43% Li₂O from the first assays of its 2026 drilling campaign in Quebec. The results strengthen the company’s geological interpretation ahead of a planned resource estimate and preliminary economic assessment in early 2027, although most of the program remains to be reported.