Latest Commercial Development News

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VRX Limited advances its Arrowsmith and North silica sand projects with a positive EPA assessment and non-binding offtake agreements totaling 440,000 tonnes annually across Asia. Despite an ongoing appeal, the company is progressing toward final approvals and project financing.
Maxwell Dee
Maxwell Dee
29 Apr 2025
Astute Metals reports a successful beneficiation test at its Red Mountain Lithium Project, achieving a 36% mass reduction and 22% lithium grade increase, while phase 2 diamond drilling advances with two holes completed.
Maxwell Dee
Maxwell Dee
22 Apr 2025
BlueScope Steel reported a resilient $309 million underlying EBIT for 1H FY2025 despite depressed steel spreads, announcing a 30 cents per share interim dividend and extending its buy-back program. The company is targeting a $500 million incremental EBIT uplift by 2030 through cost initiatives and strategic growth projects.
Victor Sage
Victor Sage
17 Feb 2025
Contact Energy reported a 12% rise in EBITDAF to $404 million for 1H25, driven by new geothermal assets and strategic contracts, while net profit fell 7% due to market volatility and acquisition costs.
Maxwell Dee
Maxwell Dee
17 Feb 2025
BMG Resources is ramping up its drilling efforts at the Abercromby Gold Project with assays from Phase 1 drilling imminent, aiming to expand its existing 518,000oz gold resource. Concurrently, a new drilling program is planned for the nearby Bullabulling Project following a major regional acquisition.
Maxwell Dee
Maxwell Dee
14 Feb 2025
Mirvac's 1H25 results reveal a modest decline in EBIT and operating profit, yet the company signals strong growth prospects fueled by residential sales momentum, sustainable development, and strategic capital partnering.
Eva Park
Eva Park
14 Feb 2025
Kinetiko Energy reports sustained and improving gas flows from its South African test wells, prompting a drilling optimization study to enhance recovery and support future production.
Maxwell Dee
Maxwell Dee
11 Feb 2025
Black Canyon Limited reports breakthrough metallurgical test results from its Wandanya Project, producing manganese concentrates between 48% and 50% Mn, surpassing premium industry benchmarks. The findings pave the way for further exploration and potential commercial development.
Maxwell Dee
Maxwell Dee
11 Feb 2025
Tamboran Resources has achieved a significant operational milestone in the Beetaloo Basin, delivering record-breaking stimulation efficiency in its SS-2H ST1 well. The company now advances towards flow back and extended production testing, signaling potential for enhanced gas output.
Maxwell Dee
Maxwell Dee
7 Feb 2025
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.
Maxwell Dee
Maxwell Dee
6 Feb 2025
Athena Resources has appointed Peter Jones as Managing Director and CEO, aiming to leverage his extensive Mid-West iron ore experience to advance the high-grade Byro Magnetite Project.
Maxwell Dee
Maxwell Dee
4 Feb 2025
Horseshoe Metals has broadened its Horseshoe Lights project area and entered a strategic agreement with Melody Gold to process gold surface materials, advancing its copper-gold development plans in Western Australia.
Maxwell Dee
Maxwell Dee
31 Jan 2025