Latest Produce News

Green & Gold Minerals has identified follow-up targets across Copper Hills, Elizabeth Bluffs and Mt Wandoo after a quarter of strong polymetallic and gold exploration results. The company held $2.268 million in cash at quarter-end, with assays from the latest 3,000-metre Mt Wandoo program expected from late November.

Stakk delivered a second consecutive quarter of positive operating cash flow, reaching A$731,000 as its newly enlarged group reported A$16.075 million in unaudited pro-forma revenue. The more revealing test arrives next quarter, when ParaScript contributes a full period of statutory cash flows while acquisition-related obligations begin to bite.

Pinnacle Minerals is seeking shareholder approval for a securities-funded acquisition of five early-stage tungsten projects in Utah, alongside a proposed A$1.3 million placement. The transaction would bring new management, substantial exploration commitments and a sharply larger pool of performance securities.

InvestSMART is moving closer to a proposed $16 million cash sale of Intelligent Investor, while quarterly operating income edged higher and funds under management fell to $734 million. The transaction still requires shareholder approval and remains subject to completion adjustments.

Synertec Corporation (ASX: SOP) has entered FY27 with $74.3 million of contracted work-in-hand, up 395% on the prior year, while maintaining revenue guidance of $37.5 million to $40.0 million. Revenue rose 18% in the first quarter and monthly EBITDA reached breakeven in September, although cash remained under pressure as project delivery accelerated.

Livium delivered its strongest lithium-ion battery collection quarter on record for FY26, lifting first-quarter revenue to A$1.84 million and gross profit to A$0.95 million. But operating cash flow remained negative at A$1.01 million, leaving the recycler with about 3.2 quarters of funding at the September quarter-end rate.

Imugene reported an 86% overall response rate in its BTK inhibitor combination cohort, but ended September with only 0.70 quarters of estimated funding at the reported cash burn. The biotechnology company is assessing further capital sources while navigating a leadership transition and convertible note obligations.

Mithril has extended the high-grade Copalquin-Zaragoza silver-gold structure to 700 metres, while sampling at the nearby San Manuel workings returned grades of up to 16.55 g/t gold and 616 g/t silver. The results add exploration scale, but Target 4 remains an exploration story rather than a defined resource.

Mount Ridley Mines has expanded its inferred scandium resource at Grass Patch to 946.1 million tonnes, while laboratory testing lifted scandium recovery to 91.8% using roughly half the previous reagent dose. The gains come with an important qualification: the resource remains Inferred, gallium recovery fell in the latest test and scale-up work is still ahead.

Otto Energy ended the September quarter with US$25.6 million in cash and no debt, despite weaker commodity prices cutting revenue by 8%. Oil output rose, but the company’s next moves now hinge on shareholder approval of a proposed A$20 million capital return and separate strategies for its Gulf assets.

Ore Resources closed September with a 153,200-ounce Coolgardie gold resource, expanding exploration ground and a preliminary lithium development case at Kangaroo Hills. The opportunity is growing, but A$3.81 million of cash represented only 1.4 quarters of funding at the latest spending rate.

Volt Resources has secured US$5.4 million in fully funded support for its Alabama graphite strategy, but ended the September quarter with only A$170,000 in cash. The company is also managing lower-than-planned Ukrainian production, cancelled Tanzanian mining licences and a partly conditional A$1.5 million capital raising.