Latest Matter News

Tungsten Mining has reported broad, deeper-than-modelled tungsten zones from the first 16 holes of its Mt Mulgine expansion program, including a 292-metre intersection at 0.11% WO3. The results strengthen the case for resource growth, but remain exploration results rather than a revised Mineral Resource estimate.

Clime Investment Management lifted FY26 net profit by 57% and nearly tripled net tangible assets after selling, closing or transferring several businesses. But KPMG qualified its audit opinion over evidence supporting millions of dollars in CAM-related revenue and receivables.

SkyCity has signed a conditional agreement to sell The Grand Hotel and its business assets for $221 million, converting a previously proposed transaction into a binding deal. The proceeds are intended to repay debt, although completion still depends on Overseas Investment Office consent and other conditions.

WIN Metals is positioning Radio as a potential near-term gold operation, but its A$1.99 million cash balance remains far below the estimated A$19 million funding requirement. Deloitte has highlighted a material uncertainty over the company’s ability to continue as a going concern.

Elevate Uranium has reported strong early performance from its Namibia pilot plant while expanding its uranium resource base to 172.8 million pounds attributable to the company. The next test is whether the final flotation stage and technical studies can convert processing gains into a credible development case.

Paradigm has reported a strong pain and function signal for iPPS outside the US, including a 1.105-point advantage over placebo at Day 112. The result does not revive the halted Phase 3 trial, with the company under administration and a potential funding proposal still unreceived.

Matsa Resources says all conditions have been satisfied for AngloGold Ashanti’s acquisition of five Lake Carey tenements, putting a further A$45 million payment within 15 business days. The final settlement amount has not yet been received.

Antimony Resources has begun processing about 200 tonnes of Chinantla material through its Tecomatlán plant in Mexico, marking its first plant-scale campaign on third-party feed. The result that matters next is not the start-up itself, but whether independent assays validate a saleable concentrate and support continuous operations.

Fiducian Group delivered double-digit growth in underlying profit and lifted its fully franked dividend, despite a one-off $7.95 million ASIC penalty dragging statutory earnings lower. The wealth manager is also betting on AI-enabled adviser productivity and expansion of its external platform business.

Recharge Metals has secured firm commitments for a $4.1 million placement ahead of its first 30,000-metre drilling campaign at Sunset Well. The raise lifts pro forma cash to approximately $8 million and also funds copper-tungsten work at Brandy Hill South.

KGL Resources has approved the final investment decision for its Jervois copper project, moving the Northern Territory development into full execution. About 60% of project costs are under executed contracts, while first concentrate remains targeted for the first half of 2028.

DroneShield has reached A$261 million in FY2026 Committed Revenue, sitting at the midpoint of its existing A$250 million to A$270 million outlook. The counter-drone specialist also has A$29 million committed for FY2027 and A$17 million scheduled for FY2028 and beyond.