Key Highlights

  • Felix Gold (ASX:FXG) finished the 6 November 2026 session at $0.10, down 13.04%.
  • Australian Mines (ASX:AUZ) finished at $0.14, down 12.50%.
  • Felix Gold's Placement raised about $7.25 million at $0.12 per share, and Australian Mines' PFS is targeted for mid-Q1 2027.

During the Trading session on 6 November 2026, Felix Gold Limited (ASX:FXG) finished at $0.10, down 13.04%, and Australian Mines Limited (ASX:AUZ) finished at $0.14, down 12.50%. The S&P/ASX 200 fell 0.49% to 9,020.80 over the same session. Both companies are ASX-listed Mining businesses at the funding or study stage.

Felix Gold Limited (ASX:FXG)

Felix Gold's announcement dated 4 November 2026 reported firm commitments for a placement of about $7.25 million at $0.12 per share, with a share purchase plan of up to $1 million at the same price.

Australian Mines Limited (ASX:AUZ)

Australian Mines' Quarterly Report dated 30 October 2026 said the Flemington PFS reference case remains 60 tonnes a year of scandium oxide, with completion targeted for mid-Q1 2027.

Sector Context

Gold and scandium developers rely on Capital raisings and study outcomes. Raisings at fixed prices can affect share count, while scandium markets are small and sensitive to offtake interest.

Risks to Watch

Felix Gold's placement adds shares to the register. Australian Mines' PFS may change the reference case, and scandium pricing is uncertain.

Catalysts on Watch

Investors will be watching for Felix Gold's placement completion and SPP outcome, and Australian Mines' PFS completion and drilling results.