Latest Energy News

Thunderbird Resources has entered a strategic option agreement with Mustang Energy, enabling Mustang to acquire up to 80% of two promising uranium projects in Canada’s Athabasca Basin while Thunderbird sharpens its focus on gold-antimony assets in New South Wales.

GTI Energy’s recent Scoping Study for its Lo Herma Uranium Project in Wyoming highlights a promising low-cost in-situ recovery operation with strong economic metrics and a 7-year production horizon.

IperionX has secured a significant U.S. Department of Defense contract worth up to US$99 million to supply low-cost, high-performance titanium components, marking a major step in reshoring critical materials manufacturing.

COSOL Limited anticipates solid revenue and earnings growth for FY25 despite some contract timing setbacks, with a promising outlook for FY26 driven by data analytics and managed services expansion.

Maas Group Holdings has reaffirmed its FY25 underlying EBITDA guidance between $215 million and $245 million, while expanding its Melbourne construction materials hub through key acquisitions in asphalt paving and recycling.

NH3 Clean Energy has signed a non-binding MoU with the Angel CCS Project JV to collaborate on carbon capture and sequestration for its WAH2 clean ammonia project, marking a key step toward its mid-2025 FEED entry.

Lincoln Minerals has secured a Native Title Mining Agreement with the Gawler Ranges Aboriginal Corporation, unlocking exploration at its promising Jungle Dam uranium prospect in South Australia.

Brookside Energy has successfully established first oil and gas sales from its Bruins Well in Oklahoma’s Anadarko Basin, marking a swift and on-budget achievement that strengthens its production base and cash flow.

Lindian Resources reports significant construction progress at its Kangankunde Rare Earths Project in Malawi, alongside strategic site leadership appointments as it gears up for plant construction later this year.

Condor Energy has significantly enhanced its exploration prospects offshore Peru through advanced reprocessing of legacy 2D seismic data and a comprehensive geochemical review, boosting confidence in large prospective oil resources.

Empire Energy Group has launched a $28 million equity raise to finance critical development activities in the Beetaloo Basin, targeting first gas sales from its Carpentaria Pilot Project in 2025. The capital raise, combined with a $65 million financing package, underpins the company’s ambition to commercialize one of Australia’s largest low-CO2 shale gas resources.

Xstate Resources has disposed of its 20% stake in the Austrian Anshof project, eliminating liabilities and streamlining its portfolio ahead of a planned ASX re-listing and development of its Diona project in Queensland.