🕒 Friday 23 October 2026 Fri, 23 Oct 2026

Black Cat Syndicate maintained its FY27 production and cost guidance despite a capital-heavy quarter that pushed cash and liquid investments down by A$27.7 million. Paulsens remained steady, while Kal East’s ramp-up and a new A$30 million cash improvement program now dominate the execution story.

Ora Banda Mining (ASX:OBM) kept its FY27 guidance intact despite weather disruption and an extended mill shutdown lifting quarterly AISC to A$4,214 an ounce. The company is spending heavily to build its next production phase, with the new 3.0 Mtpa plant on schedule and Waihi Underground starting ahead of plan.

Dreadnought Resources is preparing to move Star of Mangaroon into mining and processing while advancing Metzke’s Find as a second potential gold development. The company ended September with A$11.6 million in cash and term deposits after a quarterly cash outflow of A$4.1 million.

Stavely Minerals has paired strong preliminary economics for its Thursday’s Gossan copper-gold-silver project with a much tighter near-term funding position. The company also reported higher-grade mineralisation at depth at the Freddy’s Find gold-silver prospect.

Argent BioPharma ended the September quarter with just A$11,000 in cash after A$734,000 of operating outflows, despite retaining A$7.4 million of unused convertible financing capacity. The company is simultaneously expanding its commercial portfolio through NLC antiviral rights and a CannEpil veterinary programme.

Celsius Resources has cleared several hurdles to sell its 95% Opuwo cobalt-copper interest to Chinalco for US$15 million, but regulatory approvals are still outstanding. In the Philippines, criminal, regulatory, court and arbitration proceedings continue to cloud the company’s position in the Makilala project.

Mineral Resources has maintained FY27 guidance after a record quarter for mining services and lithium sales, while Onslow Iron delivered its strongest export month yet. The gains came with a sharp fall in lithium prices, elevated Mt Marion costs and a leadership change in the lithium division.

Vita Resources will seek up to A$500,000 from eligible Australian and New Zealand shareholders at A$0.021 a share, a 4.5% discount to its recent market price. The non-underwritten offer is intended to fund Ninnis exploration and further gold opportunities, but the final amount raised remains uncertain.

Talisman Mining has expanded the shallow gold footprint at its Sheepyard Prospect in New South Wales and is preparing RC drilling to test an untested anomaly at depth. The company has also raised about A$4 million, although part of the funding and director participation still require shareholder approval.

IKE has lowered its previously indicated FY27 subscription revenue growth expectation of about 35%, citing contract timing rather than weaker demand or churn. The NZX and ASX-listed software company still expects its subscription exit run rate to grow by more than 30% by March 2027, while three new products remain on track for launch.