Latest Capital Expenditure News

IGO Limited reported a solid Q3 FY25 with robust margins at Greenbushes and improved nickel output at Nova, while Kwinana refinery struggles persist amid strategic shifts in exploration and leadership.

Coronado Global Resources delivered March quarter production in line with plans despite Queensland rainfall, progressing key expansion projects and implementing significant cost reductions to navigate challenging metallurgical coal markets.

Lark Distilling Co. reported a robust Q3FY25 with net sales rising 31% to $4.3 million, driven by growth in travel retail, ecommerce, and exclusive whisky releases. The company also progressed its Pontville distillery redevelopment and maintained positive operating cash flow.

Santos Limited’s 2024 Annual Report reveals a 5% drop in production and a 9% decline in sales revenue, yet the company progresses its climate ambitions with the successful Moomba CCS project and robust decarbonisation efforts.

Southern Palladium’s March quarter report highlights strong project economics from its Bengwenyama PGM project, with a $1.06 billion NPV and a mining right decision expected in Q2 2025. The company is progressing a Definitive Feasibility Study and project optimisation to accelerate production.

Brightstar Resources is accelerating development of its Sandstone Gold Project with a fully funded 80,000m drilling campaign and a Pre-Feasibility Study targeted for first half 2026. The company aims to establish a new long-life gold production hub in Western Australia, aspiring to produce over 200,000 ounces annually within five years.

Industrial Minerals Ltd has reported promising progress in its high purity quartz beneficiation and ore-sorting trials at the Pippingarra Pegmatite Project, with growing interest from Asian markets and potential new co-products enhancing project economics.

St Barbara Limited confirms a robust Simberi Expansion Project with a 13-year life of mine plan delivering 2.2 million ounces of gold and annual production exceeding 220,000 ounces from FY28. The project’s strong economics and infrastructure upgrades position it as a significant growth driver amid regulatory uncertainties.

St Barbara Limited reports a strong quarter with Simberi gold production up 37% and a robust US$235 million expansion plan, while navigating a critical tax assessment review in Papua New Guinea.

Finder Energy reports 95% completion of its Ikan 3D seismic reprocessing project, underpinning strong production forecasts and active funding efforts for the Kuda Tasi and Jahal oil fields in Timor-Leste.

Latitude 66 Limited’s March 2025 quarterly report highlights a compelling Scoping Study for its flagship KSB Gold-Cobalt Project in Finland, confirming strong economics and promising expansion potential. Concurrently, exploration advances at KSB North and Edjudina, alongside strategic corporate developments.

Castile Resources has added critical mineral bismuth as a by-product to its Rover 1 Bankable Feasibility Study, leveraging a dramatic price surge driven by Chinese export restrictions.