Latest Finance News

Litchfield Minerals has confirmed a large copper-zinc system and uncovered a new gold-bismuth mineralisation style at its Northern Territory Oonagalabi Project, supported by government grants and ongoing exploration.

FortifAI Limited reports steady revenue, significant cost reductions, and a strengthened balance sheet with $3 million cash and no debt. The company advances its AI Lab initiative while expanding its project pipeline and board expertise.

PARKD Limited has marked a strong finish to FY25 with the launch of innovative modular construction products and a national supply agreement, positioning itself for growth across Australia’s expanding infrastructure sectors.

Mt Malcolm Mines has completed significant drilling at its Golden Crown and Dumbarton prospects, revealing high-grade gold intercepts and securing nearly $2 million in funding to support ongoing exploration.

Vertex Minerals has made significant strides at its Reward Gold Mine, commencing gravity plant operations and preparing for underground mining with first high-grade ore expected in Q3 2025. The company also secured firm commitments for an A$11 million capital raise to support its development plans.

Flagship Minerals has strategically repositioned towards gold and copper, highlighted by its acquisition of the Pantanillo Gold Project in Chile, aiming for a rapid development path and resource growth. The company plans to commence drilling in October 2025 while rationalising its lithium exposure.

Lithium Plus Minerals reports significant progress on its Lei Lithium Development Project alongside promising discoveries of beryllium and gold at its Arunta and Wingate projects, supported by a solid cash position of A$3.2 million.

Challenger Gold Limited reported a strong quarter with significant financing inflows boosting its cash reserves to nearly $27 million, ensuring operational funding for over six quarters. Despite ongoing cash outflows from operations and investing, the company’s liquidity position remains robust.

Macarthur Minerals Limited reported a net cash outflow in operating activities for Q2 2025 but plans to shore up liquidity with a nearly $2 million rights issue expected to close in August.

Althea Group Holdings reported significant cash outflows in Q2 2025 due to one-off costs but anticipates operational improvements and revenue growth from its North American business units.

Larvotto Resources delivers a robust Definitive Feasibility Study for its Hillgrove Antimony-Gold Project, backed by $165 million in fresh funding and regulatory approvals, targeting production in Q2 2026.

AVADA Group Limited reported a strong quarter with positive operating cash flows and significant debt reduction, while initiating a strategic review of its New Zealand operations amid challenging market conditions.