🕒 Wednesday 14 October 2026 Wed, 14 Oct 2026

Delorean is repositioning itself from an engineering contractor into an owner and operator of renewable gas infrastructure, with five projects representing $214 million of stated total capital expenditure. The near-term test is whether it can close funding for NSW1 while bringing its largely completed Salisbury plant into revenue.

Alara Resources’ independently audited reserve statement supports about eight more years of production at its Oman copper mine, with 7.70 million tonnes classified as Probable Ore Reserves. The update also reveals the limits of the mine plan: the licence expires before the scheduled mine life ends, while several technical studies remain unfinished.

L1 Group’s funds under management rose to $19.3 billion in the September quarter, marking a fourth consecutive quarter of net client inflows. Growth was strongest in Long Short strategies and Gold, although Platinum outflows continued and a new Global Long Short capital raising is still in progress.

Multistack International reported $246,093 in cash at 30 September after burning $115,313 on operations during the quarter. With no financing facilities disclosed and no replacement business yet identified, the company says it is investigating opportunities while continuing to meet its ASX obligations.

Dundas Minerals has secured firm commitments for a $2.88 million placement to fund drilling and exploration across its Kalgoorlie and Romano gold projects. Forrestania Resources chairman David Geraghty will invest $750,000 and emerge with a 5.57% stake, while directors have committed a further $235,000 subject to shareholder approval.

Biotron has appointed Glenn Gilbert as chief executive and executive director, bringing more than two decades of pharmaceutical, medical device and diagnostics experience to the company’s SedRx and antiviral programs. His package combines a $250,000 salary with up to 100 million performance-based options and $230,000 in milestone-linked cash bonuses.

Podium Minerals has improved flotation recovery at its Parks Reef PGM project to 67% while maintaining overall concentrator recovery near 80%, with a smaller targeted downstream circuit. The September quarter also delivered the full A$4 million underwritten raising and a proposed Australia-US processing partnership, though both the flowsheet and funding pathway still require further validation.

Grange Resources has approved a lower-capital underground development at Savage River, targeting a 43% project IRR and production continuity to at least 2035. The Sub-Level Cave plan is designed to be funded from existing cash and operating cashflow while preserving the option of a larger Block Cave mine.

Strata Minerals has established a maiden JORC 2012 resource of 42,000 ounces at its Zelica Gold Project in Western Australia, with 68% classified as Indicated. The resource provides a technical base for further drilling and development studies, but does not yet represent an Ore Reserve or confirmed mining operation.

Latrobe Magnesium has given eligible shareholders an additional 10 days to participate in its fully underwritten entitlement offer, citing market volatility and delays in receiving offer documents. The revised deadline is 26 October, with new shares expected to begin trading on 3 November.

Odyssey Gold has terminated its toll milling agreement with Gylden Resources after a dispute with its Tuckanarra joint venture partner over the authority to sign the deal. A replacement agreement remains under discussion, leaving the project’s proposed processing pathway unresolved.

Euroz Hartleys says several conditions for its A$145 million sale of the Capital Markets business to BMO have now been satisfied, leaving shareholder approval and Canadian Bank Act approval among the key remaining gates. Completion remains on track for the December quarter.

Orivium has begun construction of a modular processing plant in Orange, NSW, to test recovery of copper from Infinity Mining’s Cangai waste. The partner-funded facility could be operational within six months, but any revenue remains conditional on feedstock access, successful processing and metal sales.

Pengana Private Equity Trust will target cash distributions of at least 6% a year as portfolio realisations accelerate, led by progressive sales of SpaceX. The trust will also abandon its formulaic buyback allocation framework in favour of a more opportunistic approach.

Kingfisher Mining will raise $2.25 million through a two-tranche placement to fund drilling and target generation at its Copper Blow copper-gold project and across its Broken Hill portfolio. The deal comes at a 5.6% premium to the company’s 15-day VWAP, but the second tranche and broker options still require shareholder approval.

ReNerve has received supportive FDA feedback on the preclinical and testing pathway for its NervAlign Nerve Guide Matrix. The guidance sharpens the route towards a US submission, but does not amount to clearance and leaves the submission timetable open.

Minerals Exploration has shifted decisively into New Zealand gold and tungsten, but its annual report flags a $2.66 million loss and a material uncertainty over its ability to continue without further funding. Exploration results are encouraging, though the company has yet to establish a mineral resource or economic discovery.

Power Minerals has reported 91 metres at 7.7% TREO from surface in a new Morro do Ferro drillhole, including 23.1 metres at 17.5% TREO. The result strengthens the case for continuity ahead of a maiden resource estimate, while a separate non-binding Salta lithium venture has been terminated.

AuKing Mining is proposing to acquire up to a 75% interest in the Qeqertaasaq niobium and rare earths project in West Greenland without an upfront payment. The project carries striking historical grades, but the data is not JORC 2012 compliant and still needs independent verification.

Terra Metals has reported broad PGM-copper-nickel intersections beginning at or near surface at its Southwest discovery in Western Australia. The results strengthen the geological continuity case ahead of a maiden Mineral Resource Estimate targeted for Q1 2027, although true widths, recoveries and final resource scale remain unconfirmed.

Titan Minerals has reported broad, near-surface gold-silver-copper mineralisation at Kaliman and wider, higher-grade intercepts at Brecha-Comanche within its Dynasty project in Ecuador. The results add momentum to a 20,000-metre drilling program ahead of a planned Q1 2027 resource update and scoping study.

Aureka has extended the known Irvine gold system 725 metres north with two significant gold zones from its first scout hole into a previously untested conceptual target. The results support further drilling, but remain exploration intercepts rather than a new mineral resource.

Tambourah Metals is seeking up to $2.203 million through a non-renounceable one-for-four entitlement offer to fund exploration across its Western Australian portfolio. The offer is not underwritten, and the prospectus warns that further equity may be needed to support the company beyond the short term.

SKS Technologies has denied knowledge of undisclosed information after ASX queried a sharp share price reversal and significant trading volume. The company said its projects, work in hand and data centre opportunity pipeline remained unchanged.