Latest Strategy Changes News

Melbana Energy’s latest drilling at Amistad-2 in Cuba reveals excellent reservoir quality but disappointingly no oil production, prompting a strategic pivot in exploration plans.

RAS Technology Holdings has landed a significant contract to provide racing data and managed trading services for LeoVegas Group’s UK brands, including BetMGM UK, marking a strategic expansion into regulated markets.

Austral Resources Australia Ltd has successfully completed a $40 million capital raise and is reinstated to ASX trading, positioning itself as a mid-tier copper producer with a dual-hub operation in Queensland.

Green Critical Minerals has signed a landmark MoU with South Korea’s Komex Carbon Corporation to co-develop and commercialize Very High Density (VHD) carbon products, marking GCM’s first international commercial agreement and a key step toward revenue generation in 2026.

Prospect Resources has agreed to sell its Step Aside Lithium Project in Zimbabwe for up to US$2.2 million, marking a strategic shift to focus on its larger Mumbezhi Copper Project in Zambia. The deal includes upfront and milestone payments tied to the buyer's development progress.

Tivan Limited has secured six new exploration licenses in Timor-Leste, boosting its critical minerals portfolio with copper, cobalt, and gold prospects. The $500,000 deal complements its existing Turiscai Project and positions the company for accelerated exploration in a largely untapped region.

PEXA Group reported a robust first quarter for FY26, driven by refinancing growth in Australia and rising momentum in the UK market. The company reaffirmed its full-year guidance while advancing key strategic initiatives including platform modernization and a NatWest partnership.

Temas Resources has launched an accelerated 2,500-metre drilling campaign at its La Blache titanium-vanadium project in Quebec, aiming to refine resource estimates and advance proprietary processing technology.

Winsome Resources has secured a 12-month exclusive option to acquire 38 adjoining claims near its flagship Adina Lithium Project in Québec, potentially unlocking new lithium-bearing pegmatite targets.

Austin Engineering has lowered its FY26 revenue and EBIT forecasts due to challenges in key contracts and operational inefficiencies, while outlining strategic measures to restore profitability.

Odyssey Gold reports impressive drilling results at its Tuckanarra Project in Western Australia, confirming strong gold mineralisation and advancing resource upgrades. The latest intersections bolster confidence ahead of a new Mineral Resource Estimate and Scoping Study.

Woodside Energy Group unveiled an ambitious growth strategy at its 2025 Capital Markets Day, targeting a net operating cash flow of around US$9 billion by the early 2030s, driven by key LNG and ammonia projects.