Latest Options News

Capricorn Metals delivered a strong March quarter with rising gold output at Karlawinda, record operational cash flow, and significant progress on Mt Gibson development. The company also closed its gold hedging contracts, increasing exposure to gold price gains.

Ora Banda Mining delivered a robust March quarter with rising gold production and sales, significant exploration breakthroughs including a new greenfields discovery, and a strategic revision to FY25 production and cost guidance.

Astral Resources has updated its Mandilla Gold Project resource to 1.43 million ounces and completed the acquisition of Maximus Resources, positioning itself for a major development milestone with a Pre-Feasibility Study due in June 2025.

Great Divide Mining Ltd has taken a decisive step from explorer to gold producer by securing a farm-in agreement for the Adelong Gold Project and raising $2.05 million to fund production restart and exploration activities.

Traka Resources has made a strategic leap into West Africa with a joint venture on the Didi Gold Project in Guinea, positioning itself near AngloGold Ashanti’s prolific Siguiri Mine. The company plans targeted drilling next quarter while maintaining its Australian exploration assets.

Island Pharmaceuticals has completed dosing in the Phase 2b cohort of its dengue fever trial, with pharmacokinetic targets met and top-line results expected next month. The company also strengthened its balance sheet by raising $1.94 million through option exercises.

CurveBeam AI reported a robust 40% increase in purchase orders during Q3 FY25 and secured a non-binding A$18 million vendor financing term sheet, positioning the company for cashflow positivity in Q4.

Ecofibre Limited reported a $2.2 million operating cash outflow in 3Q25 with total cash at $1.3 million, highlighting mixed progress across its business units and a pressing need to monetise assets to sustain operations.

Pancontinental Energy reports a significant 3.8 billion barrels of net prospective oil resources at its Saturn Complex in Namibia’s PEL 87, advancing farmout talks and environmental approvals for exploration drilling.

Middle Island Resources completed analysis of its maiden drilling at the Georgina Project and secured three new exploration permits in Queensland, while renewing its board with two new directors post-quarter.

Critical Resources Limited reports significant exploration breakthroughs at its Halls Peak Project in NSW, identifying over 30 new antimony-gold targets and confirming high-grade mineralisation at Mayview. Concurrently, lithium drilling at Mavis Lake in Canada delivers promising results, supported by a partial $1.1 million capital raise.

Botala Energy has secured a mining licence for its Serowe CBM Project and signed a binding LNG offtake agreement with South Africa’s SCAW, marking a pivotal step toward commercial production and regional energy supply.