Latest Arbitration News

Southern Cross Electrical Engineering’s FY26 underlying profits surged despite a $46.1 million WestConnex arbitration settlement dragging statutory net profit sharply lower. The group declared a record dividend and raised FY27 EBITDA guidance by 30%.

Indiana Resources announces the resignation of CEO Matthew Bowles effective November 2026, while exploration at the Gawler Craton Project continues under stable leadership. Executive Chair Bronwyn Barnes remains focused on arbitration proceedings tied to Tanzanian shareholder disputes.

Celsius Resources faces a lifted court protection on its 40% MMCI stake amid disputes over capital increases and a contested copper offtake deal with Kiri Industries, setting the stage for arbitration.

Sarama Resources has offloaded its Cosmo and Mt Venn gold projects to Riedel Resources, securing a substantial equity stake while progressing a US$242 million arbitration claim against Burkina Faso.

Orezone Gold Corporation posted record quarterly and half-year gold production, boosted by the Casa Berardi acquisition and Bomboré's hard rock plant ramp-up, driving strong revenue and earnings growth in H1 2026.

Cassius Mining has secured $2.025 million through a well-supported placement at a 16.67% discount, aiming to fund its Soalara Limestone Project in Madagascar and ongoing arbitration against Ghana.

Celsius Resources is locked in a legal standoff with Equinaire Holdings over a disputed Event of Default that could see Celsius’ 40% interest in Makilala Mining auctioned. A court-ordered freeze currently blocks foreclosure while arbitration looms.

GreenX Metals has outlined a substantial Exploration Target at its Tannenberg Copper Project in Germany, confirming its geological similarity to major Polish Kupferschiefer mines and setting the stage for active drilling and metallurgical work. Concurrently, fieldwork at the Eleonore North Project in Greenland has identified new high-priority tungsten and antimony targets, while a key legal challenge in Singapore was dismissed, affirming GreenX’s compensation rights.

Berkeley Energia has reported a maiden inferred lithium and rubidium resource at its Conchas Project in Spain, alongside appointing former Endesa CEO José Bogas Gálvez to its board, while continuing a US$1.25 billion arbitration against Spain over its Salamanca uranium project.

Atomic Eagle has extended high-grade uranium mineralisation at its Muntanga Project in Zambia, secured crucial environmental permits, and acquired an option on the Sitwe Uranium Project, broadening its exploration footprint.

Sarama Resources has offloaded its Western Australian gold projects to Riedel Resources for A$3.2 million in cash and shares, securing a substantial equity stake and executive influence in the buyer while limiting shareholder dilution amid its arbitration claim.

Berkeley Energia has delivered a maiden Mineral Resource Estimate for its Conchas Project in Spain, revealing significant lithium and rubidium grades near surface and confirming the project's potential for bulk open-pit mining.