Latest Australian Government News

Bass Oil’s March production faced Cooper Basin setbacks from heavy rains and storage limits, but trucking resumed in April with strong prices. Indonesian output remained steady with a sharp 47% price rise. The company is progressing its Vanessa gas field acquisition and Kiwi development with government backing.

Star Minerals has delivered promising new assay results from extensional drilling at its Tumblegum South Gold Project, revealing shallow, high-grade gold mineralisation beyond the current pit design. The findings underpin plans to update the resource and mine plan, reinforcing the project’s robust economics amid strong gold prices.

Orange Minerals has confirmed a significant deep extension of volcanic massive sulphide mineralisation at its Lennon’s Find Project in the Pilbara, uncovering multiple new conductive targets for follow-up drilling.

Cosmo Metals is gearing up for a significant drilling campaign at its Kanowna Gold Project near Kalgoorlie, while systematic exploration at its NSW projects has revealed two high-priority copper-gold VMS targets. The company also bolstered its balance sheet with a $1.55 million entitlement offer to fund ongoing work.

Qantas has sharply revised its FY26 outlook as jet fuel prices soar, doubling its international unit revenue growth forecast while trimming domestic capacity and deferring its share buyback.

Ardea Resources’ Kalgoorlie Nickel Project has been selected for the Australian Government’s Investor Front Door pilot, providing enhanced regulatory support and access to government financing to advance the project’s development.

Larvotto Resources has engaged former Federal Senator The Hon. David Fawcett as a Strategic Advisor to support positioning its Hillgrove antimony production within national security and critical minerals supply chains.

Wide Open Agriculture Ltd (ASX: WOA) has received a A$1,686,579 R&D tax rebate for the 2024-25 financial year, reflecting its significant innovation efforts in lupin protein development across Australia and Germany. The rebate will support the company’s commercialisation and growth initiatives.

Red Mountain Mining Ltd is set to recommence exploration at its US antimony projects following winter, supported by US government initiatives and strengthened by a new advisory appointment. The company plans systematic geological mapping and sampling across multiple projects, aiming to advance towards drill testing and resource definition.

TechGen Metals Limited has secured exploration licences and lodged a Programme of Work for drilling at its Blue Devil Project in Western Australia, targeting two high-grade copper-gold systems named Blue Devil and Red Devil.

QPM Energy Limited has received credit approval for a $72 million loan from the Northern Australia Infrastructure Facility to support construction of the 112MW Isaac Power Station, complementing existing financing arrangements with Macquarie Bank.

Capricorn Metals delivered 30,358 ounces of gold in Q3 FY26 at the Karlawinda Gold Project, aligning with its mine plan and progressing the Karlawinda Expansion Project with peak construction activity.