Latest Construction News

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.

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.

Maronan Metals reports robust assay results confirming extensive high-grade silver-lead mineralisation and promising copper-gold intercepts, alongside progress in mine development with a Mineral Development Licence application.

29Metals Limited reports solid operational progress at Golden Grove with cost improvements and project development, while Capricorn Copper remains suspended focusing on water management and regulatory compliance. The company completes senior debt refinancing, maintaining strong liquidity and guidance.

Stanmore Resources has announced a maiden JORC-compliant coal reserves statement for its Isaac Downs Extension project, confirming 52 million tonnes of run-of-mine coal reserves and a mine life exceeding 20 years. The project leverages existing infrastructure and low capital requirements, positioning it as a significant metallurgical coal asset in Queensland's Bowen Basin.

29Metals reported a significant drop in copper production costs alongside steady zinc output and progress on critical infrastructure projects in its March 2025 quarterly update.

Boss Energy’s March quarter report reveals a successful ramp-up at its Honeymoon Uranium Project, delivering its first free cash flow and beating cost guidance, while strategic investments and exploration progress position the company well amid a tightening uranium market.

Blue Star Helium has reported robust flow rates from multiple development wells and received permitting approval for a helium and CO2 processing plant, advancing its path to first production in H1 2025.

Bellevue Gold Limited reported a softer March quarter with production impacted by localized mining issues, prompting a revised FY25 guidance and a $156.5 million capital raise to close out near-term hedges. The company is initiating a strategic review while targeting stronger production in FY26 and beyond.

Monadelphous Group Limited has agreed to acquire Perth-based High Energy Service for $21.5 million, bolstering its footprint in high voltage electrical services and supporting Australia's energy transition.

Lion Energy is making significant strides in its Port of Brisbane green hydrogen project with EPC contract negotiations underway, while gearing up for a key drilling campaign at its East Seram oil prospect in 2025.

Melbana Energy advances its Cuban Block 9 operations with the Alameda-2 workover and prepares to drill Amistad-2, while announcing maiden resource estimates offshore Western Australia’s AC/P70 permit.