Latest Energy News

Vertex Minerals has made significant strides at its Reward Gold Mine, commencing gravity plant operations and preparing for underground mining with first high-grade ore expected in Q3 2025. The company also secured firm commitments for an A$11 million capital raise to support its development plans.

AXP Energy has commenced production from the Greenhorn Formation, marking a first for its Florence leases, while reporting a 15% rise in oil output and a 42% jump in quarterly revenue.

Evolution Energy Minerals advances its development-ready Chilalo Graphite Project in Tanzania, targeting a Final Investment Decision by mid-2026 while exploring promising copper prospects and strengthening its leadership team.

Foresta Group Holdings secures a critical extension from New Zealand's Overseas Investment Office and partners with EECA to explore geothermal energy use, pushing forward its flagship Kawerau biomass project.

Xstate Resources has divested its Austrian Anshof project to concentrate on its upcoming Diona drilling campaign in Queensland and a planned ASX re-listing backed by a $2-3 million capital raise.

Emperor Energy has secured a significant upgrade to its Judith Gas Field resources following an independent audit, alongside a $3.7 million capital raise to fund the upcoming Judith-2 appraisal well scheduled for mid-2026.

Pioneer Lithium advances uranium exploration with promising high-grade assays at Skull Creek, while pausing lithium activities amid market downturn. A recent $320,000 capital raise supports ongoing uranium projects in the US and Namibia.

Resources & Energy Group Limited (REZ) reports strong progress in gold production at East Menzies with two successful gold pours and a $1.1 million capital raise, while divesting its Mount Mackenzie asset to sharpen focus on Western Australia.

Admiralty Resources NL reports steady progress at its Mariposa Iron Ore Project in Chile, securing a major sales contract and advancing critical infrastructure during Q2 2025.

Pacific Lime and Cement Limited has made significant strides in Papua New Guinea, rebranding and advancing key projects while initiating commercial quicklime shipments to Western Australia. The company’s robust cash position and community agreements set the stage for upcoming construction milestones.

Quantum Graphite Limited has made significant strides in developing its Eyre Peninsula Graphite Hub, progressing detailed planning with government stakeholders and attracting new financiers for its Uley 2 project. Exploration and purification testwork updates promise to refine its resource and product quality outlook.

Botala Energy has successfully brought new wells online at its Serowe Coal Bed Methane project, significantly boosting reservoir pressure and advancing its LNG development plans. The company also completed Phase 1 of its Bankable Feasibility Study and raised A$1.25 million to fund ongoing exploration and engineering.