Latest Board Changes News

Peninsula Energy has postponed commissioning of its Lance Uranium Project’s Central Processing Plant to the June quarter, prompting a downward revision of production forecasts through 2027 amid leadership changes and share suspension.

MC Mining reports steady progress on its Makhado hard coking coal project with key construction milestones met, while Uitkomst Colliery faces production setbacks and rising costs amid depressed coal prices.

Santos Limited’s 2024 Annual Report reveals a 5% decline in production and a 9% drop in sales revenue, yet highlights significant progress in carbon capture and storage projects and emissions reduction targets.

McLaren Minerals has advanced its McLaren Titanium Project with a $1.5 million capital raise, ongoing drilling revealing promising heavy mineralisation, and key leadership changes signaling a strategic push toward development.

Atlantic Lithium has secured all essential permits for its flagship Ewoyaa Lithium Project in Ghana and updated its feldspar resource estimate, while navigating funding challenges and awaiting parliamentary ratification of its mining lease.

SG Fleet Group Limited has officially been acquired by Westmann Bidco, with shareholders receiving $3.50 per share or Topco shares. The company will be delisted from the ASX starting May 1, marking a significant transition.

Belararox Limited has made significant progress in its maiden drilling program at the TMT Project in Argentina, revealing promising visual copper mineralisation while maintaining a robust financial position with A$6.8 million cash and zero debt.

Verity Resources reports significant progress at its Monument Gold Project in Western Australia, confirming a 1.1km gold mineralised strike at Fred’s Well and initiating steps to upgrade its resource base. The company also raised $308k via placement and launched a $1.1 million renounceable rights issue to fund further exploration.

Trinex Minerals has identified promising lithium soil geochemistry trends at its Dudley Lithium Project and secured approvals for drilling, while completing a key share issuance for its Canadian East Yellowknife Lithium Project.

ENRG Elements Limited has completed a strategic overhaul with new management, significant cost reductions, and a renewed focus on its Agadez Uranium Project, while exiting several lithium assets.

CuFe Ltd has announced a substantial upgrade to its Orlando deposit within the Tennant Creek JV, with contained copper and gold soaring by 120% and 89% respectively, while progressing a key scoping study and appointing a seasoned geologist to its board.

Noble Helium has postponed its Western margin drilling program and appointed Dennis Donald as Non-Executive Chairman, while actively pursuing refinancing and cost-saving measures to sustain its flagship North Rukwa Project.