Latest Capital Expenditure News

Peel Mining Limited has reported a significant upgrade to its Wagga Tank Mineral Resource Estimate, enhancing the South Cobar Project’s global resource base and advancing its pre-feasibility study with promising cost and timeline benefits.

Syrah Resources reports a strategic pause at its Balama graphite mine while advancing production at its Vidalia AAM facility, navigating evolving US trade policies and strong EV-driven demand. The company’s integrated ex-China supply chain and ESG credentials position it for growth despite near-term operational headwinds.

Whitehaven Coal reported a solid Q3 FY25 with resilient production despite seasonal weather disruptions and a soft coal price environment, while bolstering its financial position through a significant Blackwater JV sell-down.

AKORA Resources has confirmed a robust Pre-Feasibility Study for its Bekisopa iron ore project in Madagascar, highlighting strong financial metrics and government support that pave the way for a 2Mtpa direct shipping ore operation.

Central Petroleum has successfully commissioned two new wells at Mereenie, exceeding production expectations and driving a 22% rise in quarterly revenue despite the lapse of a key gas supply agreement.

Aroa Biosurgery reports a second consecutive quarter of positive operating cash flow and record sales for its Myriad product line, while maintaining full-year FY25 revenue and EBITDA guidance.

Ballymore Resources’ latest Stage 5 drilling at the Dittmer Project in North Queensland confirms the continuity of the displaced Duffer Lode extension, delivering significant high-grade gold, silver, and copper intersections. Ongoing metallurgical testing and processing discussions hint at a potential low CAPEX mine restart.

AIC Mines reported solid copper production at Eloise with significant resource upgrades at both Eloise and Jericho, despite weather-related shipment delays. The company is progressing its processing plant expansion with a contract award expected soon.

Woodside Energy has approved the final investment decision for its Louisiana LNG development, a major three-train project targeting first LNG in 2029 with strong returns and emissions targets intact. This move positions Woodside as a global LNG powerhouse with a diversified portfolio and significant cash flow potential.

Pivotal Metals has reported a substantial 43% increase in the in-pit copper equivalent resource at its Horden Lake Project, reinforcing its position as a leading high-grade, shallow copper deposit on the ASX. The updated Mineral Resource Estimate highlights strong by-product credits and ongoing exploration upside.

Sandfire Resources reported resilient March quarter results despite severe weather disruptions, maintaining its FY25 copper equivalent production guidance and reducing net debt by $45 million. The company also advanced exploration and secured a new $650 million corporate revolving facility, enhancing financial flexibility.

NH3 Clean Energy has reported a significant uplift in the value of its WAH2 clean ammonia project following completion of Pre-FEED engineering, alongside strategic export agreements and a recent capital raise.