Latest Development Projects News

Neometals faces uncertainty over $7.5 million owed from its Tranche 2 placement but gains financial flexibility through a new $2 million standby debt facility with a former chairman's company.

Hot Chili Limited has reported another tranche of impressive drill results from its La Verde copper-gold discovery in Chile, underscoring the deposit’s expanding high-grade core ahead of a maiden resource estimate.

Atomic Eagle has re-established a 60% interest in Niger’s Madaouela Uranium Project, adding 116.5 million pounds of uranium resource to its portfolio alongside its flagship Muntanga asset in Zambia, creating a substantial dual-asset platform.

Stanmore Resources maintained steady coal production in the first half of 2026 while boosting earnings and completing a corporate debt refinancing that enhances financial flexibility.

Property for Industry Limited (NZX: PFI) reported a resilient FY26, delivering a 14% rise in adjusted funds from operations per share and a 10.5% dividend increase, backed by strong portfolio occupancy and progress in green developments.

Lowell Resources Fund (ASX: LRT) reported a 48.7% increase in profit to nearly $33 million for FY2026, alongside a 37.6% rise in net assets to $99.5 million, driven by strong junior resources sector performance despite mid-year commodity volatility.

Iron Bear Resources has received the last USD 1.3 million tranche from Vale, completing a USD 18 million Phase 1 funding package under their joint development agreement for the Iron Bear project in Canada.

Rural Funds Group (ASX: RFF) posted a sharp jump in FY26 earnings to $124.1 million, driven by strategic asset sales and property revaluations, while gearing was trimmed to 31.8%. The group maintains steady AFFO and distribution forecasts for FY27 amid ongoing development and sustainability initiatives.

Coast Entertainment (ASX:CEH) posted a $6.1 million net profit in FY26, driven by strong theme park attendance and record revenues, while securing a major land development approval that boosts asset value by over $50 million.

Arena REIT reported an 8% rise in net operating profit to $79.1 million for FY2026, driven by rental growth and development completions, while facing uncertainty over its Edge Early Learning Portfolio due to rent defaults.

Vicinity Centres delivered a robust FY26 with a $1.39 billion statutory net profit, strategic acquisitions in key growth corridors, and a strengthened premium retail portfolio.

Horizon Oil’s Sinphuhorm Pad D facility in Thailand has achieved first gas well ahead of schedule, with strong initial production rates validating the project's potential to unlock underutilised reserves.