Latest Energy News

Conrad Asia Energy has secured transformative funding and a farm-down deal for its Mako gas field, setting the stage for first gas production by late 2027 amid soaring Indonesian gas demand.

Power Minerals has completed the acquisition of the Santa Anna Niobium-REE-Gallium Project in Brazil, positioning itself as a key South American clean energy metals explorer. A substantial drilling campaign is set to define the project's resource potential.

Verbrec Limited has completed the sale of its Competency Training business for $11.2 million, positioning itself for strategic growth in energy transition and automation sectors.

Meteoric Resources faces a delay in the approval of its Preliminary Environmental Licence for the Caldeira Rare Earth Project in Brazil, with a rescheduled vote set for mid-December. The company remains confident that all regulatory concerns have been addressed and anticipates minimal impact on project timelines.

Energy One Limited director Ian Ferrier has announced plans to sell an additional 315,000 shares to fund a home purchase, reversing his earlier statement of no share disposals for 12 months.

Caspin Resources has completed the second tranche of its $4.6 million capital raising, issuing over 28 million shares and broker options to fund its promising mineral projects. This milestone strengthens the company’s position in the competitive tin and critical minerals sector.

Larvotto Resources has secured an exclusive option to acquire the historically mined Blockade Mine in Mt Isa, Queensland, with plans for a targeted drilling program to validate and expand known copper mineralisation. This move could pivot Larvotto’s Mt Isa project from exploration to development.

NEXTDC has reported a significant 29% increase in contracted utilisation to 316MW, prompting a $400 million rise in FY26 capital expenditure guidance to support accelerated capacity expansion.

PC Gold’s re-assay program using advanced Photon Assay technology has confirmed a significant 55.5% uplift in gold grades at its Spring Hill project, challenging historical estimates and setting the stage for a resource upgrade.

APA Group has entered a joint development agreement with CS Energy to build and own a 400MW gas peaking power plant in Queensland, aiming to bolster energy security and support renewable integration by 2028.

Enova Mining has initiated diamond drilling at its East Salinas Project in Brazil, targeting high-grade rare earth element mineralisation with promising surface assays. The program aims to confirm mineral continuity and advance resource definition along a 4 km strike.

Global Uranium and Enrichment Limited has obtained a crucial ASX waiver allowing the cancellation of certain unlisted options without shareholder approval, smoothing the path for Snow Lake Resources’ acquisition scheme.