Latest Transport News

Chilwa Minerals finished the September quarter with only A$5,000 in cash, but its completed Nasdaq IPO has since delivered about A$4.5 million net and reopened the funding runway. The company is now pressing ahead with Mpyupyu West and Nakombe drilling, although the key exploration results remain outstanding.

Future Metals has advanced its Panton PGM project with an updated 4.24Moz PtEq resource, a potentially lower-capital processing route and two competing development pathways. A completed A$3.6 million placement funds the next phase, while the Savannah option still depends on commercial agreement and further technical work.

Lotus Resources lifted Kayelekera’s uranium recovery to 80% in September after recommissioning its sulphuric acid plant, while securing the approvals and funding needed for its first shipment since the restart. The company still faces power, acid capacity and cash-flow risks as it moves from restarting production to generating sales.

RocketDNA’s unaudited Q3 FY26 revenue rose 31% year-on-year to A$2.46 million, while xBot recurring revenue exceeded half of group revenue for the first time. The shift comes alongside expanding deployments, a A$2.23 million placement and continued cash investment in the platform.

Li-S Energy has delivered its lithium-sulfur Power Cells to a US Army research centre and completed a near two-hour endurance flight with its Pegasus drone. The milestones advance its defence and aerospace commercialisation pipeline, but neither has yet produced a procurement order or confirmed revenue.

Champion Iron’s second-quarter earnings collapsed as lower iron ore prices, higher freight and commissioning costs pushed the company into a C$48.4 million net loss. The first commercial DRPF shipment offers a strategic milestone, but the project is yet to deliver the higher prices and operating leverage investors are waiting for.

Everlast Minerals has moved from a maiden export to a second China shipment and a much larger trial-commercial cargo planned after quarter end. The progress comes as the company commissions new processing infrastructure, but commercial production remains unestablished and cash stood at A$2.252 million.

Forrestania Resources has secured preferential access to up to 400,000 tonnes of gold-bearing ore from High-Tech Metals’ Mt Fisher project under a 24-month binding agreement. The deal expands a third-party feed pipeline ahead of Forrestania’s targeted December restart of processing at Edna May, although volumes, timing and financial contribution remain uncommitted.

PARKD’s FY26 annual report puts the company’s funding position under sharper scrutiny after a steep revenue decline, a $1.26 million loss and $367,714 in cash. Its east-coast expansion produced new facilities, partnerships and demonstrations, but the next test is converting that platform into contracted work quickly enough.

Dexus has forecast lower FY27 earnings while refocusing its business on office, industrial, retail and selected alternatives. The ASX-listed real estate group is also targeting more than A$2 billion of capital release, but remains exposed to infrastructure fund liquidity issues and the unresolved APAC appeal.

ActivEX has reported high-grade surface samples from its Georgetown project, including 14.4 g/t gold and 221 g/t silver, while warning that its $442,000 cash balance covers less than two quarters of current outflows. The explorer says completed tenement work should reduce spending and that it plans to raise further funds when required.

Strata Minerals has identified multiple untested structural trends across its Zelica Gold Project after interpreting high-resolution airborne magnetic data. The targets extend beyond a maiden 42,000-ounce resource, but still require geochemistry and drilling to determine whether they host additional gold.