Latest Administration News

ADX Energy reported a 23% rise in production to 303 BOEPD for Q2 2025, offsetting a 10% drop in Brent oil prices, while advancing key drilling plans and awaiting new permit awards.

Toro Energy has updated its Wiluna Uranium Project scoping study, revealing a robust pre-tax NPV of A$907.9 million and a rapid 1.5-year payback period, underpinned by strong uranium and vanadium resources.

AUCyber reported a decline in Q4 FY25 customer receipts following a strategic exit from lower-margin contracts, while completing a $2.7 million capital raise that strengthens its cash position.

DTI Group Limited has successfully completed a $2.69 million entitlement offer, marked a key milestone with the first installation of the Flexity tram, and secured over $2 million in new contracts during the June 2025 quarter.

Macarthur Minerals Limited reported a net cash outflow in operating activities for Q2 2025 but plans to shore up liquidity with a nearly $2 million rights issue expected to close in August.

IRIS Metals has successfully completed test mining at its fully permitted Beecher lithium project and expanded its US footprint with a strategic acquisition, while securing $4.27 million to fund ongoing exploration and development.

Macarthur Minerals has reported solid progress on its Lake Giles iron ore projects, confirming commercial viability and uncovering promising nickel targets, while securing A$2 million in fresh capital to support ongoing development.

BOA Resources advances drilling plans for key lithium and nickel tenements in Western Australia despite delays in heritage and environmental approvals, while actively reviewing its asset portfolio amid IGO's exit from Symons Hill.

Lucapa Diamond Company reports a remarkable 104% increase in diamond carats recovered at its Lulo Alluvial Mine in Q2 2025, alongside a 9% rise in its inferred diamond resource, signaling robust operational momentum despite administration status.

Pioneer Lithium advances uranium exploration with promising high-grade assays at Skull Creek, while pausing lithium activities amid market downturn. A recent $320,000 capital raise supports ongoing uranium projects in the US and Namibia.

Admiralty Resources NL reported a cash balance of $1.738 million at the end of June 2025, supported by financing facilities that provide nearly seven quarters of operational funding. The company’s latest cash flow report reveals ongoing investment in exploration alongside careful management of its loan facilities.

Quantum Graphite Limited has made significant strides in developing its Eyre Peninsula Graphite Hub, progressing detailed planning with government stakeholders and attracting new financiers for its Uley 2 project. Exploration and purification testwork updates promise to refine its resource and product quality outlook.