Latest Farm In News

LCL Resources has been granted the Kau Creek Exploration Licence in Papua New Guinea, consolidating its tenure over a significant mineralised corridor with historic high-grade gold and silver results. The milestone triggers a A$200,000 payment from Rio Tinto under their farm-in agreement, setting the stage for expanded exploration.

Within six weeks of commissioning, Aguia Resources has secured over A$2.3 million in sales of its Pampafos organic phosphate fertiliser, marking a key transition to revenue-generating operations with deliveries scheduled through year-end.

Iceni Gold has validated a major structural feature at its Goose Well target through a 362m diamond drillhole, refining the geological model and advancing its gold exploration strategy at the 14 Mile Well Project.

Tetragon Energy has awarded a US$1.45 million contract to DUG Technology to reprocess seismic data over its Philippines offshore permits, aiming to sharpen exploration prospects and attract farm-in partners.

Iceni Gold has extended the gold anomalous zone at its Guyer West target within the 14 Mile Well Project, revealing a larger geochemical footprint open along strike and showing parallels to the nearby Wild West trend.

Eastern Resources has reported strong gold assay results from its maiden rock chip sampling at the Marengo Gold Project, Queensland, with multiple samples exceeding 5 g/t Au and a peak of 12.3 g/t Au, reinforcing the project's shallow high-grade potential.

Dart Mining’s final assays from a 4,100m drilling campaign at Banshee reveal continuous gold mineralisation along a 730m strike, underpinning plans for a maiden resource estimate and increased project equity.

New Zealand Rural Land Company faces uncertainty as Kiwi Crunch Farms, a tenant accounting for nearly 6% of rental income, enters receivership. Additional leases tied to the same owner add to risk, prompting suspension of earnings guidance.

Venus Metals (ASX:VMC) is set to distribute 25 million Rox Resources shares to shareholders and signals a potential $35 million cash dividend following its Youanmi royalty sale.

Australian Oil Company (ASX:AOK) has kicked off Phase 1 development in Queensland's Surat Oil Basin, completing well interventions at Emu Apple-1 and revising plans for Riverslea-3 to boost production and exploration.

Rincon Resources has struck a $1.1 million joint venture deal with Maverick Minerals, divesting 90% of its West Arunta interest while retaining a 10% free-carried stake, freeing capital for its core Telfer South and Crackerbox projects.

Burger Fuel Group posted a 92% surge in net profit to NZ$1.97 million for FY26, driven by steady system sales growth, a one-off store sale gain, and reduced legal expenses, while geopolitical instability in the Middle East weighs on international sales.