Latest Capital Expenditure News

Hartshead Resources has submitted a revised development report to the NSTA, unveiling a superior gas export route through CalEnergy's Saturn Banks pipeline that promises reduced costs and faster production.

KALINA Power has partnered with Crusoe to develop multiple AI data centres co-located with near-zero emissions natural gas power plants in Alberta, promising stable cash flows and sustainable energy solutions.

Audeara Limited has landed a significant US$917,000 follow-up purchase order from a global music instrument manufacturer, reinforcing the commercial viability of its hearing technology and expanding its licensing footprint.

Perenti’s underground mining arm, Barminco, has landed a $120 million contract at Nevada Gold Mines’ Goldrush Project, marking its first US underground mining venture and a strategic expansion into North America.

New Murchison Gold Limited (ASX:NMG) reveals a robust Feasibility Study for its Crown Prince Gold Deposit, projecting $226 million pre-tax cash flow over 30 months with a low $5.4 million capital outlay. Mining is slated to start mid-2025, positioning NMG on the cusp of production.

Westgold Resources has lowered its FY25 gold production forecast due to slower-than-expected ramp-ups at key mines, adjusting cost and capital expenditure guidance accordingly.

Newfield Resources Limited reports a strategic pivot for its Tongo Diamond Mine, engaging a joint development partner to reduce costs and delay bulk sampling amid a depressed diamond market.

Field Solutions Holding Ltd reported a positive net cash flow from operations for the December quarter but faces significant investing outflows and is currently in voluntary suspension pending a capital raise.

Eneco Refresh Limited reported a robust 9% revenue increase in Q2 2024, fueled by strong demand in its Refresh Waters segment and strategic operational changes in Refresh Plastics. Despite rising logistics costs, the company improved profitability and maintained a solid cash position.

Theta Gold Mines has made significant strides in developing its TGME Gold Plant, securing $6 million in private equity and progressing an EPC contract with PowerChina's subsidiary. The company is also integrating surface gold resources into its mining schedule and advancing environmental and social governance initiatives.

Challenger Gold has secured a binding toll processing agreement to fast-track production at its Hualilan Gold Project in Argentina, while also reporting promising drilling results from its Colorado V project in Ecuador and completing a strategic capital raise.

Lithium Universe Limited reveals a robust Preliminary Feasibility Study for its Bécancour Lithium Refinery, confirming strong economic viability and progressing towards a Definitive Feasibility Study. Strategic logistics partnerships and funding plans position the company to capitalize on North America's growing lithium demand.