Latest Perth News

Cauldron Energy has completed its 10,506-metre Yanrey drilling campaign, extending uranium mineralisation around Manyingee North and South while preparing an updated JORC resource estimate. The exploration progress comes with a tighter funding position, with $2.43 million in cash and less than two quarters of cover on the company’s stated calculation.

Victory Metals has put a A$1.21 billion post-tax PFS value on North Stanmore, secured its mining lease and begun product qualification with potential offtake partners. The project remains pre-production, with DFS work, approvals, financing and metallurgical validation still ahead.

Macallum New Energy has expanded its Perth Basin exploration inventory, secured commitments for an approximately A$3 million placement and begun seeking a partner to help fund up to two wells in late 2027. The immediate constraint is clear: cash stood at A$0.815 million at quarter-end, equivalent to only 0.8 quarters of funding before the raise.

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.

Transmetro Corporation (ASX:TCO) delivered a 50% increase in FY2026 net profit to A$4.49 million, while cash rose to A$13.94 million and the fully franked dividend increased to 6 cents per share. The debt-free hotel operator is preparing to open Metro Hotel Martin Place Sydney and support a major refurbishment of its 220-room Marlow property.

4DS Memory has completed its acquisition of Jenesys and appointed founder Jaspal Sarai as CEO, combining autonomous-systems software with its ReRAM technology. The company has A$6.6 million in quarter-end cash plus a further A$2 million placement, but has yet to secure a binding customer agreement.

Firebird Metals has secured its first A$1 million ARENA payment and produced 99.999% manganese sulphate as work advances on its Perth demonstration plant. The next test is whether the company can reproduce those results with Oakover ore and move from pilot validation to customer-ready samples.

Emyria has reported record quarterly revenue of approximately $1.42 million after opening its first Sydney Empax clinic and expanding national treatment capacity. The growth comes with $2.28 million in operating cash outflows and an estimated 2.08 quarters of funding at quarter-end.

Prospect Resources has extended copper mineralisation beyond the existing Nyungu Central resource and identified a new copper-bearing system at Sharamba in Zambia. The explorer ended the September quarter with A$33.93 million in cash and term deposits, while its Mumbezhi Scoping Study remains targeted for Q1 2027.

Tyranna Resources has ended the September quarter with $2.35 million in cash after selling Namibe and raising $1 million, while its new Coola rare earths and niobium project advances towards drilling. The company also identified five additional artisanal gold workings at Chinguar, but 919 samples and a tenement renewal remain key near-term dependencies.

Vicinity Centres has reaffirmed its FY27 earnings targets after a resilient first quarter, with occupancy steady at 99.6%, leasing spreads widening to 5.1% and portfolio sales rising 3.0%. The AGM also marked the retirement of chairman Trevor Gerber and director Tim Hammon.

Vicinity Centres has reaffirmed its FY27 earnings guidance after a resilient first quarter, with occupancy steady at 99.6%, leasing spreads widening to 5.1% and total portfolio sales rising 3.0%. The AGM also marked Trevor Gerber’s retirement as chairman and the formal leadership transition to Patrick Allaway.