Latest Development Projects News

Kinetiko Energy has reported record gas flow rates from its Brakfontein test wells, renewed critical exploration rights, and signed a joint venture to develop a pilot LNG plant, marking a significant step towards commercial gas production in South Africa.

DGR Global Limited’s Q3 2025 report reveals ongoing project development, strategic equity holdings, and complex legal proceedings shaping its resource company creation model.

Hartshead Resources has secured a Well Carry Agreement with RockRose Energy, reducing its equity stake while RockRose funds critical Phase C well costs. The company also seeks a two-year licence extension amid regulatory delays, maintaining a strong cash position and clear development plans.

Bowen Coking Coal maintained steady production and sales in Q3 2025 while slashing costs by a third through a new mining model, despite ongoing administration and receivership. The company generated positive operating cash flow and advanced key development projects.

Bowen Coking Coal Ltd has released its updated 2025 Coal Resources and Reserves statement, reflecting mining depletion and joint venture ownership changes amid ongoing administration. The report details nuanced shifts across key Queensland projects, underscoring operational challenges and asset continuity.

Duxton Farms has completed a A$4.55 million placement and announced a discounted Share Purchase Plan to fund its merger and development projects.

VHM Limited has secured approval for its Cultural Heritage Management Plan at the Goschen Project, clearing a vital regulatory hurdle and enabling formal lodgement of its Work Plan to progress development.

Toubani Resources has appointed Ausenco as the EPCM contractor for its Kobada Gold Project in Mali, marking a pivotal step toward project execution and a Final Investment Decision.

Karoon Energy has appointed industry veteran Carri Lockhart as its new CEO, signaling a strategic push as it prepares to operate the Baúna FPSO and expand in Brazil and the US.

Image Resources NL reported a strong third quarter in 2025 with significant increases in heavy mineral concentrate production and sales at its Atlas project, despite challenging weather and port delays. However, the company has trimmed its shipment guidance for the year due to weaker market conditions and logistical issues.

Lithium Plus Minerals is offering its shareholders a $3 million priority opportunity to invest in Moonlight Resources’ IPO, following Moonlight’s acquisition of the Clermont Gold Project. This move broadens Lithium Plus’s exposure beyond lithium into gold and rare earths through its 33.5% stake in Moonlight.

Bathurst Resources reported a Q1 FY26 EBITDA of NZD 5.2 million, maintaining full-year guidance and progressing major development projects in New Zealand and Canada.