Latest Capital Expenditure News

Blackstone Minerals is set to merge with IDM International, combining expertise and local presence to advance exploration of the world-class Mankayan copper-gold porphyry project in the Philippines.

Arizona Lithium has unveiled a detailed, phased development plan for its Prairie Lithium Project, aiming to become North America’s first commercial lithium brine producer. The company targets initial production in 2025 with a modest capital outlay and scalable expansion strategy.

Findi Limited has won a significant contract to deploy 900 additional ATMs for Union Bank of India, promising up to $80 million in revenue over eight years and reinforcing its position in the Indian financial services market.

Brookside Energy has initiated drilling preparations for the Bruins Well in the prolific SWISH Play, aiming to boost production and increase its working interest to around 70%. This marks the first of three wells planned in its 2025 program, with strong production forecasts underpinning growth ambitions.

Beach Energy Limited has announced a fully franked ordinary dividend of AUD 0.03 per share for the half-year ending December 2024, payable on March 31, 2025.

Beach Energy has reported a robust first half of FY25, marked by a 37% increase in underlying earnings and significant progress on key projects including the Waitsia Gas Plant commissioning and Moomba CCS. The company’s strong operational performance supports a 50% increase in its interim dividend.

Beach Energy has reported a robust 15% increase in production and a 37% rise in underlying NPAT for the first half of FY25, underpinned by operational improvements and strategic initiatives. The company also announced a 50% increase in its interim dividend, signaling strong confidence in its financial outlook.

Beach Energy Limited has reversed its fortunes with a $222.3 million net profit for H1 FY25, driven by higher production and improved gas prices. The company also announced a fully franked interim dividend of 3.0 cents per share.

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.

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.