Latest Processing News

Energy Technologies has outlined two signed commercial arrangements for its Cogenic laser display technology, including a SYNCH purchasing framework worth up to US$10 million and a 5% royalty licence with Amalgamated Vision. The opportunity is meaningful, but the SYNCH arrangement carries no minimum order commitment and still depends on product specifications, acceptance and purchase orders.

Starpharma has submitted its European trial application for DEP HER2-Lu and completed manufacture of clinical material, bringing its lead radiopharmaceutical closer to first patient dosing. The biotech also took control of Petalion, collected a Radiopharm option fee and finished the quarter with AUD $34.4 million in cash.

Aeris Resources has more than tripled the Golden Plateau mineral resource at its Cracow operation to 200,000 ounces of contained gold, supported by new drilling and a revised geological model. The deposit is not yet an Ore Reserve, but Aeris has begun mine design and permitting work around a potential open-pit and underground development.

Charger Metals has completed 4,390 metres of a 10,000 metre drilling campaign at its Medcalf lithium project, while test work lifted the composite product to 1.32% Li2O at 94.9% recovery. The Bynoe sale has also left the explorer with $4.23 million in cash to fund drilling and scoping work.

Minbos Resources spent A$4.7 million on plant and equipment as construction advanced at its Cabinda phosphate project in Angola. The company also completed a post-quarter A$6 million placement, but BFA funding and approvals remain key dependencies for its Q2 2027 commissioning target.

Nickel Industries delivered US$125.9 million of adjusted EBITDA in the September quarter, led by a second consecutive record from the Hengjaya Mine. Its new ENC HPAL project reached 50% of nameplate capacity, but severe dry conditions delayed the next step: commercial sales.

Manuka Resources has received A$1.64 million from a Wonawinta shipment that yielded 267 ounces of gold and 453 ounces of silver. Weekly deliveries are now planned, while the company prepares to add silver processing in early 2027.

Star Minerals has secured a 24-month Ore Purchase Agreement with Forrestania Resources for up to 400,000 tonnes of Tumblegum South mill feed. Haulage of the first batch is scheduled to begin on 23 October, putting the company’s planned first gold pour closer to an operational test.

ABx Group says manufacture of the major equipment for its ALCORE hydrogen fluoride pilot plant is substantially complete, while electrical and civil works continue at Bell Bay in Tasmania. EPA Tasmania has accepted the project’s Environmental Effects Report for final assessment, but planning approval and commissioning remain ahead.

Pantoro Gold delivered 21,864 ounces from Norseman in the September quarter, while cash and gold rose to $240 million despite $36.3 million of project and exploration spending. Underground staffing recovered, Green Lantern began mining and Racetrack drilling returned further high-grade results.

Genesis Minerals lifted cash and equivalents to A$598 million in the September quarter while maintaining FY27 production and cost guidance. The proposed Vault merger now carries a clear timetable, but its headline A$2 billion synergy potential remains subject to approvals and execution.

OD6 Metals has converted a run of high-grade Nevada fluorspar discoveries into a proposed 10,000-metre maiden drilling and bulk-sampling campaign. The company ended September with A$1.775 million in cash, but a subsequent A$6.92 million placement lifted pro forma funds to about A$8.695 million before costs and later movements.