🕒 Wednesday 14 October 2026 Wed, 14 Oct 2026

Regal Partners lifted funds under management 2.4% to approximately $21.9 billion in the September quarter, with net inflows of about $0.7 billion. Hedge funds led fundraising, while investment performance was broadly neutral.

49 Metals says every hole in its maiden Gold Mountain campaign intersected gold or silver, including a high-grade 27.4-metre interval and a 170.7-metre broad intercept. A second drilling campaign is now testing whether the Adit Zone has the continuity and scale needed to support a maiden mineral resource estimate in 2027.

Paladin Energy kept its FY2027 production and cost targets unchanged despite a softer first quarter at Langer Heinrich, where planned maintenance and lower recovery reduced output. Higher realised uranium prices and progress at the Patterson Lake South project provided the more constructive elements of the update.

Clean TeQ Water reported positive operating cash flow and a 60% quarterly rise in customer receipts as its project portfolio moved deeper into delivery. The quarter also brought progress on major lithium, wastewater and scandium projects, but the next test is converting those milestones into durable earnings.

Lion Rock Minerals has reported repeated shallow heavy-mineral zones with significant monazite at Minta Est, including up to 1.94% estimated TREO and 3.62% calculated monazite in recovered concentrate. Early magnetic-separation tests also concentrated up to 84.1% of calculated TREO into less than 27% of recovered heavy-mineral mass, although the results remain preliminary and HMC-based.

Valiant Gold has pushed dewatering at its Comet mine to 170 metres below surface, while core facilities, ventilation and power infrastructure move into place. The company continues to target first production in the second half of FY27, with several execution milestones due in Q2 FY27.

Iron Road has completed 464 metres of RC drilling at its TAU-A nickel-copper-gold target, but laboratory assays are still pending. The quarterly update also brings a major shareholder transition, a CEO retirement and a $1.21 million cash balance into sharper focus.

Bubs Australia delivered 9.2% revenue growth and a sharp underlying EBITDA improvement in FY26, but statutory losses, weaker margins and negative operating cash flow expose the cost of its expansion. Permanent US FDA authorisation removes a major regulatory hurdle, while the annual report still flags material uncertainty around ongoing funding and cash generation.

LGI Limited (ASX:LGI) will elevate current CEO Jarryd Doran to Managing Director and CEO while reshaping its board and executive team from 1 December. The restructure includes 5.861 million proposed options for Doran and other executives, with shareholder approval required for the grants.

Evolution Mining held its FY27 guidance after generating A$466 million in net mine cash flow during the September quarter, despite a slower start and operational disruptions at several sites. Strong copper pricing and a record contribution from Ernest Henry helped offset weaker production at Cowal, Mungari and Red Lake.

Core Lithium has moved Finniss into the next phase of its restart, producing first spodumene concentrate and targeting an initial shipment in the December quarter. The company ended September with A$199.7 million in cash, while BP33 development and high-grade exploration continued in parallel.

IAG has offered a package of competition remedies to support approval of its proposed 20-year insurance alliance with RAC of Western Australia, including the transfer of NRMA policy renewal rights and a $20 million community investment. The insurer says the transaction still carries $1.2 billion in additional annual gross written premium and approximately $100 million in annual pre-tax synergies once integration is complete.

FOS Capital has started FY27 ahead of its own expectations, reporting a 64% rise in quarterly sales and a stronger-than-forecast EBITDA result. The order book has expanded to $10.5 million, while major lighting wins and a $130 million quote pipeline support management’s expectation of similarly strong sales in 2Q27.

Native Mineral Resources has surpassed 6,000oz of refined gold production at Blackjack, while its latest weekly smelt produced 527.6oz of doré. October’s record ambitions now depend on Perth Mint results and two remaining smelts.

Elixinol Wellness lifted Q3 gross profit 27% and delivered a fourth consecutive quarter of positive underlying operating cash flow, despite statutory operating cash flow remaining negative and cash below A$1 million. The proposed all-scrip Vitable acquisition could add scale, but shareholder approval and a thin liquidity buffer remain important next tests.

Excite Technology Services has reported its strongest quarterly operating cash flow on record, with A$1.33 million generated in the September quarter and cash reserves rising to A$3.98 million. The result was supported by stronger customer receipts, a A$3.20 million Federal Government digital forensics contract and a July capital raising.

Rio Tinto’s third-quarter production update put its growth assets in the spotlight, with Oyu Tolgoi copper up 29% year to date and Simandou reaching a 10 Mtpa annualised run-rate. The miner maintained its 2026 production and unit-cost guidance while reporting more than US$2 billion of capital release arrangements.

Clever Culture Systems has appointed PSC Biotech as its sole sales agent for APAS Independence across pharmaceutical manufacturing markets in the US, Canada and Singapore. The agreement expands CCS’s reach beyond its direct focus on major global drugmakers, but any material revenue uplift is not expected before FY28.

Tasman Resources has received South Australian approval for its Parkinson Dam environmental programme, clearing the regulatory path for a 20-hole drilling campaign. The programme now hinges on contractor appointments and a drilling start date, with historical high-grade gold and silver results providing the geological rationale.

Finbar has completed its largest-ever apartment development by lot count, issuing titles for the 342-lot Garden Towers project in East Perth and opening the way for settlements. The 50% joint venture is 82% sold, with $210 million in sales recorded to date and revenue recognition expected in H1 FY27.

Azzuro Resources will raise A$3.06 million from Kerry Resources Logistics at a premium to market, giving the Mongolian explorer funding for resource definition and technical studies. The deal would make Kerry a 19.9% shareholder, although completion is still expected on 19 October.

Condor Energy has secured formal qualification from Peru’s state oil and gas agency, allowing it to negotiate a proposed exploration and exploitation licence for offshore Block Z-72. The milestone moves the project forward, but it is not a final licence award.

Talga has moved Talnode-C from qualification into commercial shipments, completed key engineering work for its staged Vittangi project and secured major Swedish permits. But the battery materials developer remains loss-making, cash-burning and reliant on further funding to continue development.

Mercury NZ posted a 19% increase in first-quarter trading margin to $445 million despite hydro inflows falling to the second percentile. New wind and geothermal output helped offset weaker hydro generation, while major renewable projects moved closer to full operation.