Latest Capital Efficiency News

Minerals 260 has completed a Pre-Feasibility Study and declared a maiden Ore Reserve for its Bullabulling Gold Project, revealing robust economics and a pathway to production by late 2028.

Patriot Resources’ maiden drilling at the Tonic prospect in Zambia has unveiled a new high-grade copper-silver-zinc-cobalt discovery, validating its exploration model and opening avenues for further resource growth near key infrastructure.

Forrestania Resources has extended its takeover offer for Zenith Minerals shares to 31 July 2026 following a binding agreement to acquire the Edna May Gold Project for A$300 million, backed by a $310 million capital raising.

Suncorp has secured a disciplined FY27 reinsurance program featuring a $800 million annual aggregate cover over five years, while signalling higher reinsurance costs and a $250 million natural hazard cost overrun in FY26.

Wide Open Agriculture is closing its German plant and pivoting to contract manufacturing in Asia to cut costs and scale lupin ingredient production efficiently under new CEO Craig Swan.

HALO Technologies launches a convertible notes offer aiming to raise up to A$6.75 million, backing platform upgrades and expansion across Asia-Pacific and adviser networks.

TMK Energy’s Gurvantes XXXV Pilot Well Project posted an 8% rise in average daily gas production in June 2026, driven by a second significant gas spike at well LF-07. The company has selected Major Drilling to execute its upcoming drilling and workover program scheduled to start in August.

Kinetiko Energy has approved a Field Development Plan marking its shift from exploration to production at the Brakfontein gas project in South Africa, aiming to fast-track gas output and secure strategic funding.

Biome Australia has posted a 30% increase in FY26 sales revenue to $23.9 million, driven by strong domestic demand and strategic moves into onshore manufacturing and international markets.

Brazilian Critical Minerals releases a robust Bankable Feasibility Study for its Ema Rare Earth Project, highlighting a US$1.47 billion post-tax NPV and a swift 0.5-year payback period, underpinned by low capital and operating costs.

Sunstone Metals has raised $10 million through a discounted share placement, with strategic investor DGR Global acquiring a 10% stake and board representation. The funds will boost exploration and development at Sunstone’s high-potential gold-copper projects in Ecuador.

Forrestania Resources is set to acquire the Edna May Gold Hub from Ramelius Resources for A$300 million, including a 2.9Mtpa mill and a 945,000-ounce gold resource, aiming to restart processing by mid-2027.