Latest Lodging News

Dateline Resources has a funded but halted California gold project after a preliminary injunction suspended Colosseum activities, just as the company completed engineering and advanced financing. Its September quarter also delivered rare earth results of up to 7.13% TREO at Music Valley, but cash fell to A$70.2 million and the reported runway was about 4.2 quarters.

The Supreme Court of Western Australia has approved Evolution Mining’s scheme to acquire the Carnaby Resources shares it does not already own. The transaction is expected to become effective on 30 October, with Carnaby’s ASX delisting targeted for 11 November.

Southern Palladium has secured a 30-year mining right for its Bengwenyama PGM-Chrome Project, while improved metallurgical test work points to a much larger chrome operation than originally envisaged. The company remains pre-production, with its definitive feasibility study pushed into early 2027 and further approvals and funding still required.

Tissue Repair has increased its US Phase III chronic wound trial to approximately 112 randomised patients while shifting focus towards an April 2027 FDA 510(k) submission. The company also reported $4.74 million in cash, Australian availability of all three TR Pro+ formats and a planned $1 million share buy-back.

European Lithium’s proposed merger with Critical Metals Corp. has cleared shareholder and court approval, with implementation scheduled for 5 November and EUR expected to leave the ASX. The quarterly report also puts a $296.5 million cash balance, Tanbreez drilling and Greenland mining approvals at the centre of the company’s final standalone update.

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.

Heavy Rare Earths has identified 10 interpreted high-grade heavy rare earth oxide domains within its Subron project, while expanding the project footprint and advancing drilling across South Australia. The company also completed the components of a capital raising worth up to $2.028 million, although several key milestones remain dependent on approvals, access and further technical work.

ION Video has moved its video technology into a series of externally funded and independently assessed validation programs, including an AWS proof of concept and a potential Nordic data centre trial worth at least A$1 million. The company ended September with A$3.522 million in cash, but remains pre-revenue and expects higher spending as commercialisation efforts expand.

EVZ has started FY27 with an $80 million contract backlog, $17.7 million in cash and no drawn loan debt, while Brockman Engineering positions itself for Australia’s proposed fuel-storage expansion. The quarter also brought progress across defence, desalination, power services and potential acquisitions, although several growth opportunities remain prospective.

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.

Siren Gold has applied to reclaim the Sams Creek ground, advanced permit and access applications across New Zealand, and raised A$799,000 by selling part of its RUA Gold stake. The progress comes with only A$596,000 in cash at quarter end, leaving the company reliant on project approvals and potential further funding options.

Nelson Resources is preparing to drill up to 15 underground diamond holes at its high-grade Orleans Mine in Nevada, following assays of up to 113.5g/t gold and 3,840g/t silver. The exploration push is advancing, but the company ended September with A$1.285 million and an estimated 1.6 quarters of funding at its reported spending rate.