Latest Development Projects News

Perseus Mining has boosted its on-market share buy-back program by A$50 million to A$150 million, reflecting confidence in its balance sheet and cash flow generation while maintaining funding for organic growth.

After 11 years at the helm, Vicinity Centres’ Chairman Trevor Gerber will step down at the 2026 AGM, with seasoned financial veteran Patrick Allaway set to take over, signalling continuity in the company’s premium retail strategy.

DigiCo Infrastructure REIT has agreed to sell its LAX1 and LAX2 data centres at cost, aiming to recycle capital into its higher-returning SYD1 development. The sale, expected in the first half of FY27, will lift available liquidity to about $1 billion following the earlier Chicago sale.

Larvotto Resources is set to acquire Hammer Metals in a $54 million all-scrip deal, expanding its Mt Isa copper portfolio to over 530,000 tonnes of copper equivalent and backed by a $15 million strategic placement from Glencore.

Leeuwin Metals has inked a non-binding MOU with Bain Global Resources and MEGA Resources to explore development, funding, and operational pathways for its 342,300oz Marda Gold Project in WA.

EQ Resources Ltd has agreed to acquire six exploration permits near its Mt Carbine tungsten mine for A$250,000, aiming to expand its regional resource pipeline and support a hub-and-spoke processing model.

Forrestania Resources has launched a recommended off-market takeover bid for Zenith Minerals, valuing Zenith at about A$93.5 million with a 46.7% premium. The deal aims to create a larger, diversified Western Australian gold explorer and developer.

Hartshead Resources held a pivotal scheme meeting on 8 June 2026 to approve ACAM GP Limited’s acquisition offer, featuring a 133% premium and unanimous board support. The outcome now hinges on final court approval.

Brazilian Rare Earths Limited (BRE) is demerging its Amargosa Bauxite-Gallium Project into Alurion Resources, with eligible shareholders receiving in-specie shares and access to a $30-50 million IPO.

Ryman Healthcare nearly doubles operating profitability and generates positive free cash flow for the first time in over a decade, while shifting strategy toward sustainable growth and targeting dividend returns by FY28.

Tivan Limited has locked in a minimum $15 million funding package through a $10 million option underwriting agreement and a $5 million share placement with strategic investor ETFS Capital, supporting accelerated development across its Australian and Timor-Leste projects.

Coda Minerals has secured $6.7 million through an oversubscribed placement to fast-track its Pre-Feasibility Study at Elizabeth Creek, underpinning key technical and environmental programs.