Latest Contract Negotiations News

Viridis Mining and Minerals completes a Definitive Feasibility Study for its Colossus Rare Earth Project, confirming strong economics and project readiness, while securing $120 million in equity funding to advance into execution.

BCI Minerals edges closer to first salt shipment at its Mardie Project, with crystallisation underway and 85% construction complete. The company maintains full funding and advances its sulphate of potash opportunity alongside robust sustainability initiatives.

WhiteHawk Limited has secured strong progress on its U.S. Federal cyber resilience contract, received most of the initial A$356,000 payment, and is negotiating a potential A$2.12 million annual subscription. The company is also implementing a significant operating reset to reduce costs by A$1.24 million annually while expanding U.S. public-sector procurement access.

TMK Energy has increased its average daily gas production by 5% in July 2026, with August figures already surpassing 800m3/day. The company is advancing its 2026 Work Program and finalising design for a Gas to Power Project, targeting first power generation by year-end.

Alliance Aviation Services has secured a materially improved wet lease agreement with Qantas, including higher pricing and a fleet reduction, while reaffirming its FY26 profit guidance amid operational realignment.

Memphasys secures exclusive Felix™ commercialisation agreement in Poland, marking its third European market entry with a two-year contract valued at approximately A$350,000.

Evolution Energy Minerals (ASX:EV1) has received official clearance from Tanzania’s Mining Commission to finalise its maiden drilling contract at the Chikundo Copper Project, advancing its local content strategy with three fully Tanzanian-owned contractors shortlisted.

Finder Energy has secured key regulatory approval for its KTJ Project in Timor-Leste and raised $27 million to advance development, positioning for a Final Investment Decision in Q3 2026.

TMK Energy reported a record gas output of around 28,000 scfd in June 2026, backed by a fully funded 2026 work program and key management hires. The company is progressing a 1MW gas-to-power pilot with Mongolia’s largest LPG distributor.

Farm Pride Foods reported a $10.143 million operating cash inflow for FY26, driven by steady operational improvements and strategic investments in farm capacity despite lower egg prices in H2.

Nelson Resources appoints Nicholas Ong to its board while progressing underground drilling at its Gold Point project in Nevada, with assay results pending and a second drilling phase imminent.

TMK Energy’s Gurvantes XXXV Pilot Well Project posted an 8% rise in average daily gas production in June 2026, driven by a second significant gas spike at well LF-07. The company has selected Major Drilling to execute its upcoming drilling and workover program scheduled to start in August.