Latest Operational Challenges News

Osteopore Limited has announced a $20 million convertible notes offering aimed at bolstering its capital for ongoing operations and future projects. The highly speculative offer targets sophisticated investors and underscores the company’s strategic funding approach amid competitive medical device markets.

Pro-Pac Packaging has updated its quarterly cash flow report, highlighting a net cash outflow from operations and outlining plans to improve margins and secure longer-term funding.

VIP Gloves Limited has obtained a short-term interest-free loan of approximately AUD$1 million ahead of a planned share placement, as it faces potential delisting from the ASX pending a critical reinstatement decision.

Incitec Pivot Limited confirms its FY25 outlook remains steady despite operational hurdles at Phosphate Hill and a CFO transition, while progressing key strategic separations.

NT Minerals Limited reveals promising initial assay results from its Ultrafine Soil Sampling Program at the Twin Peaks Project, highlighting significant copper and gold anomalism that paves the way for targeted drilling in 2025.

Lanthanein Resources has completed diamond drilling at its Lady Grey Project, targeting a significant EM conductor plate aligned with gold anomalies. Approval for further drilling under a higher-grade anomaly sets the stage for potential resource expansion.

AusQuest Limited has confirmed a significant porphyry copper-gold discovery at its 100%-owned Cangallo Project in southern Peru, revealing extensive near-surface mineralisation and promising assay results from its maiden drilling program.

NoviqTech Limited has announced a non-renounceable pro-rata entitlement issue of new options aiming to raise approximately $251,000. Eligible shareholders can subscribe at a low issue price, with options exercisable over three years.

Piedmont Lithium reported record Q4 2024 shipments of spodumene concentrate, modestly exceeding guidance, while preparing to merge with Sayona Mining to consolidate North American lithium operations.

Entyr Limited has received a $3.79 million R&D tax incentive payment for its innovative thermal desorption project targeting rubber waste, reinforcing its position in sustainable tyre recycling technology.

Philsaga Mining Corporation has announced a delay in the completion of its Tigerway decline at the Co-O Mine, citing COVID-19 disruptions and a significant earthquake as key factors. The company is now focusing on horizontal drives to improve ore transport and ventilation, with full decline completion expected by year-end 2025.

Aeris Resources reported steady copper equivalent production and improved cost management in Q2 FY25, overcoming operational challenges at Tritton. The company advances resource development and feasibility studies, positioning for growth.