Latest Square News

WIN Metals has expanded its Butchers Creek gold project by 62% to 343 square kilometres through two tenure deals costing $115,000 upfront. The acquisition could simplify the planned tailings footprint while adding exploration ground around historical workings, but one deal remains an option and the IGO transaction still needs third-party consent.

Scentre Group has reaffirmed its 2026 earnings and distribution targets after reporting higher customer traffic, stronger business partner sales and record-level occupancy across its Westfield portfolio. The update also puts a number on the group’s exposure to David Jones and details fresh debt funding and asset recycling.

Scentre Group has reaffirmed its 2026 funds-from-operations and distribution targets after reporting stronger visitation, sales and leasing metrics across its Westfield portfolio. Exposure to David Jones remains material in floor space but limited in earnings terms, with rent paid through September.

Riversgold has agreed to acquire a 12-square-kilometre tenement surrounding its Northern Zone gold project near Kalgoorlie, opening the door to western extensions of known mineralisation. The A$1 million cash and share deal also creates a near-term funding requirement and adds royalties to the asset.

Goodman Group is targeting 9% growth in FY27 operating EPS as its global development pipeline expands amid tight power, land and planning constraints. The group’s work in progress reached $19.7 billion, with data centres accounting for 79% of the total.

Black Canyon has extended the exploration footprint north of its Wandanya resource, intersecting consistent iron mineralisation over 1.8km and manganese over about 1km. The wide-spaced results strengthen the growth case, but follow-up drilling and the December Scoping Study remain crucial tests.

Block delivered a stronger-than-expected third quarter, lifting its 2026 guidance after gross profit rose 22% and adjusted operating income nearly doubled. The fintech is also placing a substantial bet on AI, lending and the connection between Square sellers and Cash App users.

Osmond Resources has secured A$3.75 million from a share placement to advance its Orión project in Spain, taking pro forma cash above A$6.5 million. The raise strengthens the company’s near-term funding position, but remains modest against the approximately US$300 million required by its preliminary development study.

CAQ Holdings ended the September quarter with $487,000 in cash and an estimated 1.34 quarters of funding, while all $3.957 million of its financing facilities remained drawn. Property revenue was stable, but the company said its proposed debt extension had not been finalised.

oOh!media shareholders have taken the proposed $1.68-per-share I Squared Capital takeover to its decisive meeting, with proxy and direct votes showing 99.81% support by votes cast. The final poll result was still to be announced, while FIRB approval remains the key outstanding regulatory hurdle.

Lodestar Minerals has established a maiden 221,000oz gold resource at Ned’s Creek, while expanding its heavy rare earth and Chilean copper portfolios. The milestone comes with only A$2.027 million in cash and an estimated 1.15 quarters of funding at the reported quarterly spend rate.

Austral Resources produced 1,457 tonnes of copper in the September quarter, 21% below the low end of guidance, after a crushing upgrade and sulphuric acid shortages disrupted Mt Kelly. The company expects output to recover late in the December quarter, but cash fell to $21.04 million by 30 October after major settlement and development payments.