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Turaco Gold has secured firm commitments for a A$120 million placement to fund its proposed acquisition of Afema’s remaining 20% interest and push the Côte d’Ivoire project towards a definitive feasibility study. The transaction would simplify ownership, but still depends on shareholder approval and further development funding.

Antimony Resources says its Tecomatlán processing plant in Mexico has entered the concentrate production phase, with key circuits operational and a first bulk antimony concentrate now targeted. The result remains unverified: the company still needs to demonstrate stable recoveries, confirm product quality and complete a commercial sale.

Cobalt Blue has moved closer to a commercial pathway for its Kwinana refinery with a non-binding cobalt metal offtake term sheet, while studies across its project portfolio gather pace. The September quarter also left the company with A$2.852 million in cash, equivalent to 2.24 quarters of estimated funding at the reported burn rate.

Iltani Resources reported 59 substantial silver-equivalent intercepts at its Orient project during a busy September quarter, including several exceptionally high-grade zones. The explorer also completed a $4.6 million placement after quarter-end, giving its next drilling and metallurgical work a stronger funding base, while adding dilution and options to the capital structure.

IGO delivered record Greenbushes spodumene production and a 49% jump in underlying EBITDA in the September quarter, while Nova approaches its final days of operation. The result strengthens the lithium portfolio’s earnings contribution, but Kwinana remains a substantial drag and Greenbushes’ next growth plan is not yet valued.

Lac Gold has reported broad and high-grade gold intersections from nine diamond holes at Astoria, including a 50-metre mineralised interval with a higher-grade core. The results are feeding a revised geological interpretation ahead of a Rouyn resource update targeted for Q1 2027.

QMines has delivered its strongest pontoon copper intersection so far beneath the flooded Mt Chalmers pit, with mineralisation beginning immediately below the historical floor. The results may add weight to a resource update and feasibility study, while stockpile potential remains unquantified.

Meteoric Resources says approval for its Caldeira rare earths project in Brazil is now expected in early 2027 after regulators requested further information. The delay has not, according to the company, changed the proposed Lynas acquisition timetable, with an initial A$35 million tranche of interim funding received.

Freehill Mining Limited (ASX: FHS) halved its operating cash outflow to A$189,000 in the September quarter as record monthly sales in September helped offset weather disruption. The company is also moving towards November permitting for its Blanco y Negro copper-gold project, while seeking up to A$607,000 through an entitlement offer.

Liontown has set a quarterly record for underground development at Kathleen Valley while approving a $389 million expansion designed to lift steady-state concentrate production from FY30. The ramp-up is progressing, but lower plant feed, weaker recovery and higher unit costs show the transition is not yet frictionless.

Future Metals has advanced its Panton PGM project with an updated 4.24Moz PtEq resource, a potentially lower-capital processing route and two competing development pathways. A completed A$3.6 million placement funds the next phase, while the Savannah option still depends on commercial agreement and further technical work.

Strike Energy has selected Hancock Energy’s Belisama facility as the preferred processing route for West Erregulla and agreed terms for up to A$30 million in pre-FID funding. Walyering production and reserves also improved, but Strike ended the quarter with A$40.16 million in cash, no undrawn debt and A$188.01 million drawn.