Latest Environmental Compliance News

St Barbara Limited reported a $52 million underlying loss for FY25, driven by investments in its Simberi Expansion Project and operational challenges. The company classified its Atlantic operations as discontinued, recognizing a $38 million impairment, while completing a $100 million capital raise to support growth.

Charter Hall Retail REIT reported a striking $213.8 million statutory profit for FY25, driven by strong property revaluations and strategic acquisitions, while maintaining stable distributions. The REIT also launched a $1.75 billion equity raise for its new convenience retail fund, signaling growth ambitions amid rising finance costs.

Metallium Ltd has made significant strides in developing its first U.S. Flash Joule Heating metal recovery facility in Texas, with major equipment orders, site upgrades, and feedstock procurement advancing commissioning plans.

LGI Limited reported a robust FY25 with a 13.6% increase in underlying EBITDA to $17.4 million, expanded renewable capacity by 44%, and declared a fully franked dividend. The company’s strategic investments in battery storage and biogas infrastructure position it well in Australia’s energy transition.

Helix Resources Limited has announced a renounceable pro-rata entitlement offer to raise approximately $1.68 million, partially underwritten by Mahe Capital, aiming to fund key drilling and resource estimation projects.

Nordic Resources has appointed Henrik Grind, a seasoned mining executive with 35 years of experience in Finland and Sweden, as Country Manager to accelerate its gold and nickel-copper projects. This strategic hire coincides with the commencement of a key drill campaign at the Kopsa gold-copper project.

TechGen Metals Ltd has announced a fully underwritten pro-rata non-renounceable entitlement issue to raise approximately $2.57 million, offering new shares at $0.018 each with free attaching options. The capital raise aims to accelerate exploration at key projects in Western Australia.

Pearl Gull Iron Limited reported limited exploration activity on Cockatoo Island during the June 2025 quarter, focusing on environmental compliance and native title negotiations, while securing a $500,000 unsecured loan facility to support ongoing operations.

Bounty Oil and Gas reported $1.09 million in oil revenue for FY 2025, boosted reserves to 313,000 barrels, and plans to double production with Surat Basin operations starting late 2025. Meanwhile, a Federal Court challenge looms over its Sydney Basin offshore permit.

Reedy Lagoon Corporation has identified several promising gold drill targets at its Burracoppin project while seeking a farm-in partner for its iron venture, signaling a pivotal phase in exploration and development.

Ausmon Resources reports promising assay results from recent drilling programs targeting rare earth elements in South Australia and base metals near Broken Hill, NSW, setting the stage for expanded exploration.

Hastings Technology Metals has formalized a 60 – 40 unincorporated joint venture with Wyloo for the Yangibana Rare Earths and Niobium Project, significantly reducing capital costs and advancing development. The company also moves to diversify with a conditional acquisition of the Whiteheads Gold Project and appoints Vince Catania as CEO.