Latest Commissioning News

Minbos Resources has lodged a prospectus for 461.1 million listed options linked to its A$6 million placement, without raising fresh cash through the offer itself. The options could provide A$18.44 million if fully exercised, but the filing also flags going-concern uncertainty and further funding needs for the Cabinda phosphate project.

Panorama Auto Trust 2024-3 reported a sharp reduction in securitised auto-loan liabilities and expected credit loss provisions during the year ended 30 June 2026. Net assets attributable to the unitholder rose to $46.8 million, although the special purpose report offers limited information beyond the trust and its unitholders.

Verbrec has secured approximately A$22 million of water and wastewater infrastructure awards since the start of FY2027, led by a NZ$15.1 million headworks project in New Zealand. The contracts extend into FY2028 and support the company’s existing FY2027 revenue guidance, although margins and cash-flow timing remain undisclosed.

Brazilian Rare Earths has strengthened the development case for its Brazilian rare earths portfolio, reporting high-grade Monte Alto drilling, a new Sulista discovery and first concentrate production at Camaçari. The company ended September with A$121.8 million in cash and no borrowings, although its headline US$6.0 billion project valuation remains based on a preliminary study with substantial inferred resources.

Delorean has secured the operational licence needed for its SA1 Salisbury bioenergy project to begin receiving organic waste, with construction about 90% complete. The approval moves the facility into waste acceptance and biological commissioning ahead of its planned biomethane export into Adelaide’s gas network.

BCI Minerals has pushed the Mardie project to 90% construction completion, while crystallised salt rose more than fivefold to 266,000 tonnes during the September quarter. The company still targets first salt on ship in calendar 2027, but the timetable depends on summer evaporation and the final commissioning push.

Beetaloo Energy is approaching a pivotal Q4 milestone, with its Carpentaria Gas Plant moving into final instrumentation and electrical works after Carpentaria-5H sustained an average 6.9 TJ/day flow. The company also ended September with $113.2 million in liquidity and unveiled a longer-term gas-to-power and data centre opportunity near Darwin.

Beacon Minerals lifted September-quarter gold production to 6,250 ounces as milling rates improved at its Jaurdi project. Wet commissioning of a plant upgrade has now begun ahead of schedule, setting up a closely watched December quarter.

Rox Resources has accelerated underground development and advanced construction at Youanmi, with the processing plant 39% complete and first gold still targeted for mid-2027. The project is now fully permitted and funded facilities have begun drawing, although construction spending and one major contract remain in focus.

Bellevue Gold has kept FY27 production and cost guidance intact despite a slower-than-expected mining contractor ramp-up that reduced September-quarter output to 35,585 ounces. The company also cut forward sales commitments to 57.5koz, increasing its future exposure to spot gold prices while capital spending weighed on free cash flow.

Everest Metals has advanced its Mt Edon rubidium project towards pilot plant development after batch testing delivered recovery of up to 90% and cut leaching water use by 60%. The scale-up remains unfinished, with continuous rotary-kiln trials producing lower and variable recovery of 50% to 60%.

Emerald Resources delivered a sharp lift in FY26 profit as its Okvau gold mine generated the cash to fund two new developments. The debt-free, unhedged producer is now moving Dingo Range and Memot from permitting and study work towards construction, while warning that key reserves and timing milestones are still ahead.