Latest Working Capital News

Oldfields Holdings reports steady progress in its turnaround strategy, cutting costs and reallocating assets to stronger regions while preparing for a capital raise and potential acquisitions.

DGR Global’s December quarter report highlights ongoing legal battles, a contested SolGold acquisition offer, and steady progress across its diverse resource portfolio.

Desert Metals Limited has reported compelling high-grade gold results at its King Kong prospect and secured $1.25 million in funding to accelerate exploration in Côte d’Ivoire. The company is gearing up for expanded drilling and sampling programs in 2026.

McLaren Minerals has completed a pivotal Pre-Feasibility Study for its McLaren Titanium Project, confirming a large-scale resource and robust economics, while also acquiring a zircon-rich asset to diversify its portfolio.

AuMake Limited reports positive operating cashflow and a strategic pivot into China’s high-growth OTC medicine market, supported by a $1.5 million capital raise and significant governance reforms.

TasFoods reported a 9.6% revenue decline in Q4 2025 amid oversupply and discounted mainland poultry impacting Tasmanian markets, while completing the sale of Pyengana Dairy.

Asian Battery Metals PLC has reported strong exploration progress in Mongolia, including excellent copper recoveries at its Oval project and high-grade copper-gold assays at Maikhan Uul, supported by a $6 million equity raise.

International Graphite Limited has secured key approvals and funding to progress its Collie Micronising Facility and European Expandable Graphite Project, positioning itself as a major supplier outside China.

Austral Gold Limited has restarted commercial production at its Casposo mine, driving a 170% surge in quarterly sales revenue to US$23.8 million and strengthening its financial position with reduced debt and increased cash reserves.

3D Energi has reported significant gas discoveries at Essington-1 and Charlemont-1 wells in the Otway Basin, reinforcing its strategy to supply local gas to Australia's east coast. However, the company faces funding challenges that have led to a temporary trading suspension.

Thrive Tribe Technologies reported a $186,000 net operating cash outflow in Q2 FY26, offset by a $300,000 equity raise to fund growth initiatives and operational expansion.

Hydrix Limited reported $2.3 million in revenue for Q2 FY26 and secured a $2.5 million initial contract with SynCardia Systems to develop a fully implantable artificial heart, setting a positive tone for 2026.