Latest Financial Position News

Scorpion Minerals highlights strong gold and copper exploration prospects in its December 2024 quarterly report, focusing on the largely untested Pharos Project and strategic plans for the Mt Mulcahy copper asset.

Yojee's December quarter report reveals solid transaction growth, successful Global Air deployment in Singapore, and promising progress on its MOSAIC platform, supported by a strong cash position and no debt.

Strike Resources reports steady progress on its high-grade Apurimac Iron Ore Project in Peru, alongside key developments in its Lithium Energy investment and sale agreement.

WA Kaolin Ltd has marked a pivotal operational milestone in Q4 2024 with the successful commissioning of its classifier project, boosting production and product quality. The company is now poised for growth with increasing sales and a planned equity capital raising.

African Gold Ltd reports outstanding drilling results from its Didievi Project, including a 65m intercept at 5.6 g/t gold, prompting an expanded 10,000m drilling campaign and a significant resource update planned for later in 2025.

Savannah Goldfields Limited reported a net cash outflow in its December 2024 quarter, highlighting ongoing operational cash burn and a heavy reliance on loan facilities to sustain activities. The company’s liquidity position raises questions about its near-term funding strategy.

Cosmos Exploration has taken a major step into the global lithium market by signing an exclusive option agreement to acquire EAU Lithium Pty Ltd, unlocking access to Bolivia’s vast lithium resources and pioneering advanced extraction technology.

Thrive Tribe Technologies has strengthened its cash position through multiple capital raises and appointed Jade Spooner as its new CEO, while its Slik investment achieved profitability in Q4 2024.

Trinex Minerals corrects its quarterly report and reveals promising exploration progress at the Dudley Lithium Project, while managing a lean cash position and leadership changes.

Redstone Resources is gearing up for a pivotal drilling campaign at its 100%-owned West Musgrave Copper Project in Western Australia, backed by a $220,000 government grant and strong historical copper grades.

Forrestania Resources has reported significant gold exploration progress with successful maiden drilling at Ada Ann prospect confirming open mineralisation over 225m, alongside acquiring a key tenement at Bonnie Vale to bolster its strategic position.

Arizona Lithium Limited has secured $11 million through a strategic land sale, cleared Pad #3 for lithium production, and completed key drilling activities, while a court injunction temporarily halts exploration at its Big Sandy project.