Latest Production Development News

Great Boulder Resources has used FY2026 to make the leap from gold explorer toward producer, acquiring Peak Hill and securing a 481,000-ounce resource alongside its 1.02 million-ounce Side Well project. The strategic shift came with a A$9.93 million loss, a heavily expanded share count and a clear near-term test: whether 40,000 metres of drilling can support development by late 2027.

CurveBeam AI has raised A$1.75 million through an oversubscribed SPP shortfall offer and placement, lifting its recent capital raised to A$7.36 million. The funds will support the HiRise China launch, product development, supply-chain preparation and working capital.

Codan Limited (ASX:CDA) has entered FY27 with record revenue, profit and a sharply larger Communications orderbook, while targeting approximately 20% Communications revenue growth. The forecast is conditional on supply-chain capacity as demand for unmanned systems and new gold detectors accelerates.

Dataworks has secured firm commitments for a A$3.0 million placement and will seek up to a further A$1.24 million from shareholders to fund debt repayment, government contract mobilisation and commercial expansion. The raise gives the company more capital to pursue growth, but at a discount that will increase the share count and potentially add substantial option dilution.

Cycliq has secured firm commitments for a $1.5 million placement priced at a steep discount, giving the cycling technology company cash for inventory, AI development and other priorities. The raise also comes with a substantial package of options and further dilution subject to shareholder approval.

Netwealth will acquire AI advice platform Paradino for up to $29 million and invest a further $10 million to scale the business. The deal extends Netwealth beyond platform administration into advice production, while Paradino remains loss-making and separately reported.

InFocus Group Holdings has completed a $465,000 placement, including a $15,000 upsizing, to fund new products and services with a focus on gaming technology. The filing also leaves a discrepancy between the 93 million placement shares announced and the 90 million shares covered by its cleansing notice.

Pacific Edge is positioning Cxbladder for a Medicare-led recovery, but the company remains loss-making with NZ$7.8 million in net cash after a difficult FY26. The investment case now turns on final US coverage, test volumes and whether the enlarged balance sheet can carry the business to scale.

Imagion Biosystems has signed nanoComposix to resume GMP-aligned manufacturing of the MagSense nanoparticle core, a move designed to support its FDA-cleared HER2 breast cancer programme without the fixed cost of an in-house facility. The agreement improves manufacturing readiness, but its value, duration and production commitments remain undisclosed.

NuEnergy Gas has removed an OGIP and resource-density chart from its investor presentation and warned investors not to rely on the retracted information. The amended document also corrects a resource classification and adds cautionary language around undiscovered and undeveloped gas resources.

Polymetals Resources moved its Endeavor silver-zinc-lead mine from restart to commercial production in FY2026, generating A$100.0 million in revenue. The milestone came alongside a A$47.0 million loss, negative operating cash flow and an auditor warning over going-concern uncertainty.

Aureka Limited is set to become a gold producer after signing a binding agreement to acquire High Grade Holdings, including the Fiddlers Creek underground mine and Wedderburn processing mill in Victoria. The majority scrip, low cash deal valued at $8.9 million unlocks immediate production and processing capacity for Aureka’s Victorian gold projects.