Latest Engineering Procurement Construction News

Finder Energy has secured A$27 million via a two-tranche placement plus a A$3 million share purchase plan to fast-track its KTJ oil project in Timor-Leste, aiming for final investment decision by mid-2026 and first oil by late 2027.

Hot Chili Limited secured A$40 million in a private placement to fast-track development of its Costa Fuego copper-gold project in Chile, buoyed by significant high-grade drill results extending the La Verde discovery footprint.

GenusPlus has landed a $110 million turnkey contract to engineer, build, and commission the Koolunga Battery Energy Storage System in South Australia, marking a major milestone in its clean energy infrastructure push.

GR Engineering Services Limited has been awarded a $68 million EPC contract by Northparkes Mining Services, a subsidiary of Evolution Mining, to upgrade the Northparkes Coarse Particle Flotation Project in New South Wales, aiming to improve copper recovery and energy efficiency.

Viridis Mining and Minerals has raised AU$25 million through a heavily oversubscribed placement, bolstering its cash position to approximately AU$76 million as it advances the Colossus Rare Earth Project towards a Final Investment Decision in Q3 2026.

NuEnergy Gas Limited has completed four wells under its Tanjung Enim Early Gas Sales Initiative, secured a binding gas sales agreement, and raised $3.5 million to advance its Indonesian coal bed methane projects.

GR Engineering Services has been named preferred contractor for the $225 million Tower Hill Gold Project near Leonora, marking a significant milestone in its mining sector portfolio.

NuEnergy Gas Limited reported a cash outflow in Q4 2025 but secured a binding gas sales agreement and a strategic funding collaboration to advance its Indonesian coal bed methane projects.

NuEnergy Gas Limited has completed drilling four wells at its Tanjung Enim project, gearing up for initial gas sales in the first half of FY26. The company also inked key agreements to finance and expand its coal bed methane operations in Indonesia.

Lindian Resources has accelerated development at its Kangankunde Rare Earths Project, securing full ownership and awarding key construction contracts, while attracting strategic international attention.

Paladin Energy reports a strong production ramp-up at its Langer Heinrich Mine and confirms robust progress on the Patterson Lake South project, supported by a strengthened balance sheet and a positive uranium market outlook.

NuEnergy Gas Limited has inked a fully funded collaboration with PT Beijing Energy Linking to scale its Tanjung Enim coalbed methane project from early sales to a major 25 MMSCFD production plateau.