Latest Matter News

Alcidion will launch an on-market buy-back of up to 10% of its issued shares, giving the healthcare software company another way to deploy capital as cash generation improves. The maximum is a capacity, not a commitment, with purchases expected to be selective.

St Barbara is positioning itself as a debt-free Nova Scotia gold developer after agreeing to sell its remaining New Simberi interest to Lingbao for A$453 million in cash and capital repayments. The deal could fund a larger 15-Mile project while leaving shareholders with a possible special dividend and buy-back, but completion and distributions remain conditional.

Argosy Minerals has upgraded the JORC mineral resource at its Rincon Lithium Project to 790,000 tonnes of lithium carbonate equivalent, with 600,000 tonnes classified as Indicated. A separate conceptual Exploration Target of up to 1.03 million tonnes has been identified below the resource, adding potential upside ahead of further drilling and the project’s Definitive Feasibility Study.

Elevra Lithium delivered record mining volumes and US$74 million in North American Lithium revenue during the September quarter, while unit costs fell and cash increased to US$319 million. The company has now moved its NAL expansion into execution, but six recordable injuries and unsettled shipment pricing add important caveats to an otherwise strong operational update.

Vita Resources is positioning itself as a small, focused Australian and New Zealand gold explorer, with Ninnis in Western Australia and a new Otago pipeline forming the centrepiece. The company says New Zealand exploration is expected to begin in 2027, while its early-stage projects remain dependent on exploration success, funding and approvals.

Serko says faster growth in completed room nights has lifted first-half trading above expectations, with a modest FY27 income guidance upgrade now anticipated. The travel technology company also expects positive free cash flow for both the first half and full year.

Union Star Metals ended September with A$220,000 in cash, enough for an estimated 0.44 quarters of funding at the quarter’s outflow rate. The company has completed its Brazilian asset sale and is pursuing portfolio disposals, but permitting delays have pushed back planned drilling at its main Nevada project.

Jacaranda Natural Resources has lodged a replacement prospectus for an $8 million ASX float targeting copper, gold and copper-nickel exploration in Queensland and Botswana. The offer remains conditional, ununderwritten and highly speculative, with the company warning that its ability to continue as a going concern depends heavily on a successful raise.

Actinogen Medical has received an A$10.84 million R&D tax rebate, leaving it with A$21.9 million in pro forma cash and no debt just weeks before its pivotal Alzheimer’s readout. The company says topline XanaMIA results remain due in mid-November.

GR Engineering Services delivered stronger FY26 earnings and lifted its dividend, but the scale of its new project pipeline is bringing a substantial working-capital requirement. The ASX-listed contractor is forecasting FY27 revenue of A$825 million to A$850 million after securing more than A$1 billion in contracts since April.

Energy Transition Minerals has completed the acquisition of the Penouta tin, tantalum and niobium mine in Spain and is advancing the studies and permits needed for a potential restart. The company ended September with A$28.93 million in cash, equivalent to 8.4 quarters of funding at the latest reported spending rate.

Metgasco’s independently assessed 2P reserves have fallen to 6.2 PJe from 36.45 PJe, despite unchanged gas-in-place estimates at its Odin and Vali fields. The company says the change reflects current capital expenditure plans rather than a geological reduction, with 31.45 PJe now classified as 2C contingent resources.