Latest Development Projects News

Viridis Mining and Minerals Limited has requested an immediate voluntary suspension of its shares pending a capital raising announcement, signaling a pivotal moment for the company.

Aurum Resources has closed its takeover offer for Mako Gold, securing over 91% ownership and initiating compulsory acquisition of remaining shares.

Simble Solutions reports a robust Q4 FY24 with a 117% jump in customer receipts and a strategic $280k capital placement, underpinning its growth in energy and sustainability software.

Mustera Property Group progresses design and marketing for its McCabe Street development while maintaining sales momentum at Forbes Residences, alongside a notable executive remuneration update.

Cedar Woods Properties has successfully extended its $330 million corporate finance facility, pushing the maturity of its three-year tranche to 2028 and its five-year tranche to 2030, reinforcing its financial stability.

Ausmon Resources Limited reports steady progress in rare earth and base metals exploration across Australia, with key drilling programs planned for 2025 despite a tight cash position.

Bass Oil Limited reported a 27% drop in quarterly revenue amid natural production declines but highlighted promising developments in its Kiwi gas field project in the Cooper Basin.

Kingston Resources Limited reported a $1.07 million net cash outflow from operating activities in the December 2024 quarter, maintaining a solid cash balance of nearly $9.9 million supported by a $15 million secured loan facility.

Aeris Resources delivered steady copper equivalent production and improved cash flow in the December 2024 quarter, despite operational setbacks at Tritton. The company advances exploration and development projects, positioning for future growth.

Duxton Farms has secured a strategic lease over the Wildman Agricultural Precinct in the Northern Territory, marking a significant expansion of its mixed farming portfolio and signaling a shift towards high-value irrigated cropping.

Orion Minerals Ltd reported a net cash outflow in its December 2024 quarter, reflecting ongoing investments in exploration and project development. The company plans to secure additional funding in 2025 following the completion of critical feasibility studies.

Lakes Blue Energy reported a $1.5 million quarterly operational spend and completed the $6.5 million sale of its 49% interest in PEP 169, while progressing drilling approvals for the Wombat-5 well in Victoria.