Latest Financial Position News

Appen Limited reported a modest 2% revenue increase in Q3 FY25, driven by an 81% surge in its China business, while navigating ongoing volatility in the US AI market. The company reaffirmed its FY25 guidance, highlighting progress on cost efficiencies and a strong cash position.

Kingston Resources reported a 10% revenue increase to $15.8 million in Q1 FY26, driven by higher gold and silver output and successful flotation plant commissioning. Underground mining preparations are advancing, setting the stage for a production ramp-up.

Scalare Partners has bolstered its founder support ecosystem through the acquisitions of Tank Stream Labs and Planet Startup, already driving significant revenue growth and expanding its national footprint.

Magnum Mining & Exploration has reported promising leach test results from its Brazilian rare earth projects and announced plans for a critical minerals processing hub in Nevada, supported by a $7 million capital raise.

OMG Group Limited reported a robust 56% year-on-year increase in quarterly cash receipts, driven by expanded product distribution and a strategic $2 million capital raise. The company is poised for further growth with new retail partnerships and a high-profile marketing campaign ahead of the summer sales season.

Lotus Resources has marked a major milestone with first yellowcake production at its Kayelekera uranium mine in Malawi, progressing steadily towards full production in early 2026 while advancing its Letlhakane project in Botswana.

Codrus Minerals has completed its inaugural drilling campaign at the Bull Run Gold Project with promising assay results, while advancing uranium exploration in Canada and managing a cautious cash position.

Gateway Mining Ltd has initiated a large-scale aeromagnetic survey at its Glenburgh South project, while aggressive drilling continues at the flagship Yandal Gold Project, positioning the company for a pivotal exploration phase in 2026.

Li-S Energy has marked a milestone with the production of Australia’s first lithium metal foils and expanded its footprint in the global defense sector, supported by new manufacturing capabilities and strategic partnerships.

Little Green Pharma reported a robust September quarter with revenue exceeding $10 million, driven by growth across all product lines and strong European market performance. The company is poised to benefit from upcoming regulatory reforms and operational efficiencies.

S2 Resources has agreed to sell its Fosterville exploration licence to Agnico Eagle for A$17 million and raised an additional A$3 million through a strategic share placement, positioning the company strongly for future exploration.

Critical Minerals Group (ASX – CMG) reports significant progress in vanadium flow battery technology deployment, international supply chain engagements, and mine feasibility studies, positioning itself at the forefront of Australia’s renewable energy storage future.