Latest Security News

Rox Resources says construction of its Youanmi processing plant has reached 39%, while underground development advances towards production drilling at United North. Financial close and a $90.2 million debt drawdown have lifted reported cash to $149.2 million, with first gold still targeted for mid-2027.

Kalgoorlie Gold Mining has secured the full A$1.14 million targeted through its underwritten entitlement offer, despite eligible shareholders subscribing for only A$314,170. The capital is earmarked for drilling at the Lighthorse discovery, aircore work at LTZ Flexure and working capital.

Surefire Resources has lodged a prospectus for up to 266.6 million new options, although only $90,593 will be raised upfront. The proposed issue would more than quintuple the company’s options on issue and leaves shareholders facing a key approval vote in November.

NTAW Holdings improved margins, reduced inventory and cut gross debt in FY2026, but remained loss-making as revenue fell sharply after the loss of key distribution rights. Management is targeting modest growth in FY2027 while covenant obligations and cash generation remain central tests.

Burgundy Diamond Mines has acknowledged breaching ASX Listing Rule 10.1 by entering three related-party diamond purchase agreements without prior shareholder approval. The transactions were later ratified, but an independent expert found the dealings were not fair, although the inventory was sold at fair market value.

Emyria’s FY26 annual report shows a rapidly expanding psychedelic-assisted care network, with revenue up 210% and treatment capacity reaching 18 beds across four states. The gains came alongside a larger loss, $4.6 million in operating cash outflow and an auditor-highlighted material uncertainty over the company’s ability to continue without further funding.

TZ Limited is still seeking funding after failing to complete its shortfall share placement, with $1.3 million in debt and vendor obligations due. The company says a management restructure, cost cuts and commercial opportunities could improve cash generation, but several forecasts remain conditional.

Aspen Group delivered a sharp rise in FY26 earnings and distributions, then lifted its FY27 targets despite a softer residential sales market. The property group is expanding its affordable rental and development platform, but debt and valuation sensitivity are rising with it.

Medical Developments International returned to EBIT profitability in FY26 as Penthrox volumes strengthened across Australian hospitals and Europe. The company now faces the less glamorous test of converting regulatory progress into repeatable demand while absorbing weaker Respiratory sales and new amortisation costs.

Range International has opened a 1-for-1 entitlement offer priced at A$0.09 a share, seeking about A$1.69 million to expand its rental pallet fleet and repay debt. Shareholders who do not participate could see their ownership halve if the offer is fully subscribed.

Pioneer Minerals is pursuing staged options over a 3,477-hectare Argentina gold-copper-silver project where historical drilling returned broad, high-grade polymetallic intervals. The proposed acquisition is paired with an A$1.8 million funding package, but both the transaction and most of the capital raise require shareholder approval.

Mastermyne has secured a two-year mining services contract tied to the proposed restart of Tahmoor mine in NSW, with gross revenue of approximately $80 million. Two further extension options could lift the total to approximately $240 million over six years and take its workforce beyond 1,000.