Latest South Australia News

Coda Minerals has transformed its Elizabeth Creek Copper-Silver Project with a simplified flowsheet that significantly enhances recoveries and economics, supported by a $12.33 million capital raise. Drilling is underway as the company advances its pre-feasibility study.

Terramin Australia Limited has announced a pro-rata non-renounceable rights issue to raise approximately $38.3 million, partially underwritten by major shareholder Asipac Group Ltd. The capital raise aims to fund key project developments and repay debt, while potentially diluting existing shareholders and increasing Asipac’s voting power.

Axiom Properties Limited reports strong growth in its PaySure division, launches a new Settlement Advance product, and secures $1 million in fresh capital as it prepares to rebrand as Axtec Limited.

Stelar Metals is actively negotiating new project acquisitions across critical minerals while implementing cost-cutting measures to safeguard its cash position of $2.3 million at the end of September 2025.

Nick Scali Limited reported a robust $62 million underlying profit for FY25, completed its UK acquisition equity raise, and announced key leadership changes as it eyes accelerated growth in FY26.

InVert Graphite reports impressive high-grade graphite trench results up to 31.4% TGC at its Morogoro Project in Tanzania and has commenced its maiden drilling program to further explore these promising deposits.

Boss Energy reports a record quarterly uranium production at its Honeymoon Project, with costs coming in below FY26 guidance and a robust cash position. The company also announces a leadership change as Matthew Dusci takes the helm as CEO.

Australian Rare Earths Limited (ASX, AR3) reported strong progress in its Koppamurra Rare Earths Project with high recovery rates and production milestones, while also expanding and resuming drilling at its Overland Uranium Project. The company bolstered its financial position through government grants and option exercises.

Aruma Resources has reported promising high-grade copper intersections from its maiden drilling at Fiery Creek, alongside new heavy mineral sands and gold-copper targets, supported by a $3.515 million placement to fund ongoing exploration.

Hawsons Iron Limited has reported positive Phase 1 results from a CSIRO study revealing the mineral composition of its iron tailings, highlighting potential for hematite recovery as a valuable byproduct.

Cedar Woods Properties has raised its FY26 net profit guidance to 15% growth, driven by a surge in presales hitting a record $763 million. The company’s strong pipeline and strategic acquisitions position it well amid a tight housing market.

Taiton Resources has successfully issued 5 million new shares to sophisticated investors, marking the completion of its Tranche 1 placement and reinforcing its funding position for key mineral projects.