Latest Strategy Changes News

Kingston Resources launches a $8.47 million rights issue at a 12.5% discount, backed by a $4.4 million placement, to finance a major drilling campaign and plant expansion at Mineral Hill following the closure of its Pearse South open pit.

Lotus Resources has halted production at its Kayelekera uranium mine due to acid supply interruptions linked to Middle East geopolitics and acid plant issues, while advancing export permits and pursuing new funding arrangements.

Omega Oil & Gas has secured full funding for its 2026/27 appraisal campaign targeting the Taroom Trough, positioning the company to advance one of Australia’s most promising unconventional oil and gas plays.

Aldoro Resources has hit a new high-water mark at its Kameelburg project with drill hole DD008F delivering the thickest and highest-grade rare earth mineralisation to date. The full Phase II assay suite confirms a vast, multi-commodity system and an imminent resource update.

Core Energy Minerals (ASX:CR3) has reinforced the prospectivity of its Tunas Rare Earth Element Project in Brazil with new assay results confirming thick, near-surface mineralisation and elevated yttrium levels, while mineralisation remains open at depth.

Alliance Nickel has pushed out the maturity of its unsecured loans by a year to June 2027, increasing the interest rate from 12% to 13%. This move provides ongoing funding as the company advances strategic discussions around its NiWest nickel-cobalt project.

29Metals has reported strong drilling results from its 2026 program at Golden Grove, confirming high-grade copper, zinc, gold, and silver extensions at Oizon and Amity. Development at Oizon is progressing with first ore expected by year-end, underpinning mine flexibility and potential cost efficiencies.

Prospect Resources has reported robust metallurgical testwork results from the Kabikupa deposit within its Mumbezhi Copper Project, achieving copper concentrate grades exceeding 25% with recoveries above 94%. These findings bolster the project's processing strategy and underpin upcoming scoping studies.

Resolute Mining is set to receive A$77 million by the end of June 2026, marking full repayment of the Vendor Financing Promissory Note tied to its 2020 sale of the Ravenswood Gold Mine. This cash inflow bolsters the company’s financial flexibility as it advances its West African growth projects.

Taiwanese tech manufacturer FSP Technology has converted its redeemable shares into 44.87 million ordinary shares in Harris Technology, deepening its strategic partnership as Harris expands in Australia's refurbished tech market.

Judo Bank has raised its FY26 cost of risk guidance due to three specific customer exposures, yet maintains a strong profit outlook with a projected 30% increase in pre-tax earnings.

Provaris Energy has hit a major FEED milestone, submitting its detailed engineering package for the YP-Provaris LCO2 tank to DNV for maritime certification, positioning the company for significant CCS supply chain opportunities.