Latest Financials News

Radiopharm Theranostics (ASX: RAD) has completed enrolment in its Phase 2b RAD 101 brain metastases imaging trial with interim data showing 90% concordance with MRI, while progressing early-stage trials of therapeutic candidates RAD 202, RV-01, and RAD 402. The company reported a $19.2 million cash balance at quarter end, down from $34.5 million, with a net operating cash outflow of $14.9 million driven by milestone-related R&D and staff costs.

Wellnex Life has pushed back the repayment deadline on nearly $3 million owed to former directors by three months, agreeing to additional fees and interest. Former CEO Zack Bozinovski returns as a consultant, suggesting ongoing strategic recalibration.

Barton Gold has launched a ~3,000m diamond drilling campaign at its Tunkillia project, aiming to upgrade resources and support a Mining Lease application by the end of 2026. The project builds on a strong May 2025 study projecting robust returns amid rising gold and silver prices.

Aurelia Metals has successfully extended high-grade mineralisation at its Federation Mine by approximately 70 metres and discovered a new polymetallic lens, the Harley Lens, signalling further growth potential in the Nymagee District.

XRF Scientific is set to broaden its industrial reach by acquiring Bruker’s Combustion Gas Analysis business for USD 4 million, adding a profitable product line and new market sectors.

Delta Lithium’s March quarter report highlights robust high-grade lithium drilling at Mt Ida, successful production of battery-grade lithium and rubidium carbonates, and ongoing exploration progress at Yinnetharra, supported by a strong $52 million cash position.

Pantoro Gold has struck a $20 million funding deal with Mega Resources to develop the high-grade Rama Open Pit in Western Australia, securing an exclusive option to extend mining underground through a profit-sharing agreement.

Prospect Resources has significantly boosted its Mumbezhi Copper Project resource base by 63%, lifted contained copper by 50%, and secured A$45 million in fresh capital to fund an aggressive drilling campaign starting May 2026.

Xpedra Resources has secured $3.2 million through a two-tranche placement to fund drilling and project acquisition across its high-grade gold assets in New South Wales, including Springfield and Neeld.

Star Minerals has secured final approvals and commenced site mobilisation at its Tumblegum South Gold Project, bolstered by strong drilling results and a $2.75 million sale of non-core assets to Catalyst Metals.

Scentre Group has initiated a tender offer to buy back its US$1.312 billion Non-Call 2030 Subordinated Notes, aiming to reshape its capital structure by using existing senior bank facilities for financing.

Fenix Resources shipped 974,000 tonnes of iron ore in March quarter at a low A$70/wmt cash cost despite cyclone disruptions and diesel supply constraints, boosting cash to A$86.3 million and advancing key projects.