🕒 Thursday 22 October 2026 Thu, 22 Oct 2026

DeSoto Resources has expanded its Timbakouna power auger program by 200 holes after airborne geophysics generated new targets across Guinea’s Siguiri Basin. The company ended September with A$7.74 million in cash, while initial drilling assays are expected in early November.

Eagle Mountain Mining has emerged from FY2026 with no borrowings, a A$7.27 million accounting profit and a funded 20% interest in its Oracle Ridge copper project. The next test is whether Nittetsu’s drilling and earn-in spending can add value to an asset whose mineral resource has not changed since 2023.

Energy Resources of Australia has pushed back its critical Pit 3 capping schedule by about 14 months and flagged a potential A$25 million to A$95 million increase in Ranger rehabilitation costs. The warning comes as ERA burns A$62.3 million in quarterly operating cash and awaits a November appeal hearing over Rio Tinto’s compulsory acquisition.

Anagenics says restructuring has reduced quarterly operating cash outflows to A$10,000 and put the business into profitable trading. The company ended September with A$532,000 in cash, while A$377,000 of newly invoiced royalty revenue was still to be received.

Strike Resources swung to an $8.58 million FY2026 profit, largely through its stake in LE Minerals rather than iron ore operations. The company is also relying on a conditional Apurimac sale for cash while withdrawing its previously reported mineral resource estimate.

Bentley Capital returned to profit in FY2026 after receiving $300,000 from legal-cost and deposit settlements. The result lifted net tangible assets, but the listed investment company remains heavily dependent on Strike Resources and has limited cash relative to its liabilities.

RAM Essential Services Property Fund has completed the $218.6 million sale of five retail assets, with proceeds earmarked for debt repayment. The settlement advances REP’s healthcare-focused strategy while leaving refinancing and capital management decisions as the next major tests.

Domino’s Pizza Enterprises has lodged an appeal against the Federal Court judgment and orders in the Gall class action, keeping the company’s potential financial exposure unresolved. Cost orders have been stayed while the appeal proceeds, but no hearing date has been set.

Energy World has completed a major delivery milestone in its US$350 million turbine sale, receiving US$50 million and securing a further US$265 million in escrow. Most of the remaining proceeds still depend on inspection, refurbishment costs and final completion in early 2027.

Amplia Therapeutics has received an A$4.78 million refundable R&D tax rebate, giving the clinical-stage biotechnology company additional cash to advance its FAK inhibitor programs. The funds will support multiple narmafotinib trials and related research, including studies involving Lilly.

Energy Action delivered sharp growth in first-quarter sales orders and its contracted cash pipeline, but the expansion came with higher costs and negative operating cash flow. The company had $0.93 million of stated liquidity at quarter-end, with a $724,999 secured loan due in December.

MLG Oz delivered a stronger earnings year, with statutory NPAT rising 19.2% and underlying EBITDA margin expanding to 13.4%. The mining services group has resumed dividends while taking on higher fleet investment and debt ahead of FY2027.

Bulletin Resources has shifted its exploration focus further towards Lake Rebecca after reporting a $569,632 loss for the year, with Chifley drilling pointing to a possible concealed gold source but stopping well short of a discovery. The company ended June with $13.5 million in cash and listed investments, although its exploration portfolio still carries permitting and funding risks.

Connexion Mobility delivered record Q1 FY27 revenue and profit as Hallam Road Automotive contributed for a full quarter. The company also began developing Hyundai Motor America’s Dealer Lot Management platform, while renewal talks with its largest disclosed OEM relationship remain unresolved.

Jatcorp’s revenue rose 23% to $38.9 million in FY2026, but weaker margins, negative operating cash flow and a material going-concern uncertainty leave the nutritional products maker’s recovery unfinished. The company ended the year with $5.6 million in cash after a $4.2 million entitlement offer, while Neurio trademark litigation in China remains unresolved.

European Lithium has completed the shareholder and optionholder meetings on Critical Metals Corp.’s proposed acquisition, but the verified poll results were not included in the announcement. Proxy votes showed overwhelming support for both schemes, leaving Court approval and final conditions as the next hurdles.

Energy Technologies has outlined two signed commercial arrangements for its Cogenic laser display technology, including a SYNCH purchasing framework worth up to US$10 million and a 5% royalty licence with Amalgamated Vision. The opportunity is meaningful, but the SYNCH arrangement carries no minimum order commitment and still depends on product specifications, acceptance and purchase orders.

Starpharma has submitted its European trial application for DEP HER2-Lu and completed manufacture of clinical material, bringing its lead radiopharmaceutical closer to first patient dosing. The biotech also took control of Petalion, collected a Radiopharm option fee and finished the quarter with AUD $34.4 million in cash.

TradeWindow has signed a 12-month agreement to provide its Prodoc export documentation software across Lactalis’ Australian and New Zealand operations. The contract is described as being of significant value, although its financial contribution remains undisclosed.

Aeris Resources has more than tripled the Golden Plateau mineral resource at its Cracow operation to 200,000 ounces of contained gold, supported by new drilling and a revised geological model. The deposit is not yet an Ore Reserve, but Aeris has begun mine design and permitting work around a potential open-pit and underground development.

Charger Metals has completed 4,390 metres of a 10,000 metre drilling campaign at its Medcalf lithium project, while test work lifted the composite product to 1.32% Li2O at 94.9% recovery. The Bynoe sale has also left the explorer with $4.23 million in cash to fund drilling and scoping work.

Michael Hill has started FY27 with same-store sales growth across all three markets, led by an 11.3% rise in Canada. The jewellery retailer says gross margin remains stable and expects profitable growth, but Christmas trading will determine how much of the momentum reaches earnings.

Racura Oncology says both Phase 1 RC220 programs have cleared their opening dose cohorts without dose-limiting toxicities, while its Korean expansion broadens the CPACS trial. The company ended September with $30.7 million in cash, which management says funds committed activities into mid-2028.

NOVONIX has made a second US$7 million amortisation payment under its convertible debenture funding agreement with Yorkville affiliate YA II PN, Ltd. The payment reduces the amount outstanding to US$21 million, but further cash demands may follow if the company’s share price remains below A$0.12.