Latest Payments News

OZZ Resources reports encouraging progress at its Maguires Reward gold project, underpinned by a scoping study indicating potential positive cash flow, while maintaining steady exploration across multiple Western Australian tenements with $173,000 cash at quarter-end.

Brockman Mining Limited reports steady progress on its Marillana and Ophthalmia iron ore projects through joint ventures, infrastructure planning, and social consultations, while maintaining a stable financial position.

SIV Capital Limited reported a modest positive net cash flow for Q3 FY25 and holds over $8 million in cash, yet its ASX securities remain suspended pending compliance with listing rules.

Wingara AG has finalised the sale of its JC Tanloden machinery following shareholder approval, reporting a cash position of $648,000 as it winds down processing operations and explores new opportunities in the agriculture sector.

Dart Mining has entered a $3.4 million option agreement with Infinity Lithium to divest its non-core Victorian exploration assets, enabling Dart to sharpen its focus on Queensland projects while Infinity expands in Victoria.

Melbana Energy advances its Cuban Block 9 operations with the Alameda-2 workover and prepares to drill Amistad-2, while announcing maiden resource estimates offshore Western Australia’s AC/P70 permit.

Prime Financial Group has acquired Lincoln Indicators, significantly expanding its wealth management platform and client base. The deal is expected to boost recurring revenue and contribute to Prime’s ambitious growth targets.

Prime Financial Group has agreed to acquire Lincoln Indicators, a leading Australian investment research and funds management firm, significantly boosting its wealth management capabilities and client base.

Traka Resources has strategically entered Guinea’s prolific Siguiri Basin by securing a 75% earn-in joint venture in the Didi Gold Project, which hosts confirmed high-grade gold mineralisation. The company plans an aggressive multi-stage exploration program backed by an experienced local team.

Deep Yellow Ltd disclosed a quarterly cash flow report for Q1 2025, revealing a significant operating cash outflow but a robust cash reserve that supports an estimated 20 quarters of funding runway.

Sheffield Resources delivered a standout quarter with record mineral sands shipments and positive operating cashflow from its Thunderbird Mine joint venture, setting the stage for a significant production increase by 2027.

Minerals 260 Limited has launched a $200-$220 million public offer to fund the acquisition of the Bullabulling Gold Project in Western Australia, featuring a 2.3 million ounce JORC-compliant resource. The company seeks ASX re-admission following a significant change in scale of activities.