Latest New South Wales News

TALi Digital closed its September quarter with $3.9 million in cash after completing a $3.3 million capital raise and winning shareholder approval for the Datasphere transaction. The company has also exercised an option to negotiate exclusive worldwide rights to Technion in-memory computing technology, although the licence remains unsigned and the technology unproven at commercial scale.

Silver Mines has entered the final stretch of the Bowdens approval process after reporting a 93.5 million ounce silver reserve, a completed A$26 million royalty consolidation and A$70 million of new funding. The project’s headline 26-year economics remain partly dependent on a Stage 2 design that is not yet at definitive feasibility level.

Novatti’s AU/NZ quarterly transaction value rose to $1.2 billion, but regulatory disruption to international BPAY payments pushed revenue lower and left Cash EBITDA negative. The company is targeting an early 2027 relaunch while relying on pipeline conversion and product mix improvements to support its next phase of growth.

Waratah Minerals has expanded its Spur Gold Project across multiple targets, led by a 46-metre intercept grading 7.27g/t gold at Consols. The company also completed the Ironclad lease acquisition and ended the quarter with A$44.46 million in cash and listed investments.

Murray Cod Australia has posted record quarterly sales and expanded into hundreds of Woolworths and Coles stores, but the growth story still depends on turning distribution gains into recurring cash receipts. Underlying operating cash outflow remained A$4.27 million after excluding a one-off R&D tax incentive, while August fish mortality exposed an operational risk.

Sky Metals has backed Tallebung with a strong pre-feasibility study, a 32.7-million-tonne resource and a new drilling campaign aimed at extending the mine life. The economics are compelling on the company’s assumptions, but financing, approvals and resource conversion remain the milestones between a study and a mine.

DXN has delivered a sharp revenue rebound and lifted its backlog to A$30.8 million, but the growth story is complicated by the expected cancellation of its maiden A$8.8 million AI contract. The company is relying on a new A$12.2 million project, expanding factories and improved customer collections to convert momentum into cash.

West Cobar Metals is preparing its first dedicated scandium drilling campaign at Salazar, with the programme expanded to include the Benriach prospect. But the company ended September with A$918,000 cash and an estimated 1.72 quarters of funding at the quarter’s reported expenditure rate.

Critical Resources has expanded its Suriname gold strategy to three projects covering about 228 km² under exclusivity, while advancing exploration in New Zealand and Canada and laboratory-stage battery technology. The company ended September with A$1.58 million in cash and an estimated 1.87 quarters of funding based on reported outgoings.

Golden Cross Resources is assessing non-binding investor and partner proposals for its Copper Hill copper-gold project, but the ASX-suspended explorer ended September with just $15,000 in cash. Planned field programs and a possible quotation reinstatement remain conditional on approvals, activity and ASX discretion.

Impact Minerals is recasting itself as a high-purity alumina developer, with Lake Hope advancing towards a definitive feasibility study and Alluminous reaching pilot-plant milestones. But the annual report also flags a material uncertainty over funding, while a board refresh and managing director departure add to the company’s transition.

Koonenberry Gold has moved three NSW exploration fronts into the next phase, with Dunedoo drilling complete, Wilga Flats drilling underway and Newmont-funded Junee results pending. The company ended September with A$4.35 million in cash and reported about three quarters of funding at its current expenditure rate.