Latest Capital Management News

Mitchell Services Limited has reported a remarkable first half of FY26, posting a 71% increase in quarterly EBITDA and achieving a net cash position of $7.2 million. The company’s strong operating cashflows and improved market conditions underpin its optimistic outlook.

Grand Gulf Energy has progressed its Petroleum Exploration Licence application offshore Namibia and continued development discussions for its Red Helium Project, maintaining a disciplined capital approach during the December 2025 quarter.

Grange Resources delivered a robust quarter with increased concentrate output and reduced unit costs at Savage River, while advancing financing for its North Pit Underground project.

BCI Minerals has reported solid progress on its Mardie Salt Operation and Potash Project, reaching 77% construction completion and hitting critical operational targets including pond brine density and commissioning of trial crystallisers. The company also strengthened its financial position through debt facility draws and convertible note conversions.

West African Resources has met its 2025 gold production and cost targets for the fifth consecutive year, reporting robust quarterly results and promising exploration outcomes that suggest extended mine life at Sanbrado.

Blackstone Minerals reports a Cease & Desist order halting exploration at its Mankayan Copper-Gold Project, while securing key Indigenous and government approvals and undergoing significant board changes.

Po Valley Energy Limited reported steady gas production and strong cashflows from its Podere Maiar-1 facility during the December 2025 quarter, while completing a major 3D geophysical survey to support future development.

Adelong Gold Limited reports promising visible gold intersections at its Lauriston project, progresses exploration at Apollo with strong soil assays, and strategically exits its Challenger Mines joint venture to sharpen focus on Victorian assets.

Highfield Resources has secured a A$10 million investment from existing strategic shareholders, extending its financial runway through early 2027 while awaiting a critical Spanish Supreme Court ruling on its Goyo mining permit appeal.

Sentinel Metals has successfully launched on the ASX and completed a maiden exploration program at its Columbia Gold Project, identifying promising new drill targets for a substantial upcoming campaign.

Karoon Energy delivered 2025 production near the upper guidance range, marked by a leadership change and significant operational improvements. The company outlines cautious yet optimistic 2026 growth and cost guidance amid ongoing maintenance and exploration activities.

Michael Hill International reports a solid first half for FY26, with EBIT growth of 12-24% and a positive net cash position, driven by improved sales and operational discipline.