Latest Farm In News

Iron Road has completed 464 metres of RC drilling at its TAU-A nickel-copper-gold target, but laboratory assays are still pending. The quarterly update also brings a major shareholder transition, a CEO retirement and a $1.21 million cash balance into sharper focus.

LGI Limited (ASX:LGI) will elevate current CEO Jarryd Doran to Managing Director and CEO while reshaping its board and executive team from 1 December. The restructure includes 5.861 million proposed options for Doran and other executives, with shareholder approval required for the grants.

Mercury NZ posted a 19% increase in first-quarter trading margin to $445 million despite hydro inflows falling to the second percentile. New wind and geothermal output helped offset weaker hydro generation, while major renewable projects moved closer to full operation.

PGG Wrightson expects FY27 Operating EBITDA of approximately NZ$70 million, up from NZ$64.3 million in FY26, after an encouraging first quarter. The forecast rests on supportive commodity prices and farmer confidence, but remains exposed to input costs, weather and a planned reassessment after the second quarter.

Iceni Gold has defined a new drilling corridor at Goose Well after diamond drilling confirmed broad, low-grade gold mineralisation with higher-grade quartz veins near the Gander Fault. The company is also preparing for a Gold Fields-funded 7,000m RC campaign at Everleigh, with results expected from December.

Tāiko Critical Minerals has completed the final resource estimate for its Barrytown project, taking the project-wide inventory to 35.0 million tonnes. The result strengthens the base for feasibility work, but the extension still depends on consent and further drilling to address sampling uncertainty.

New Zealand Rural Land Company’s 75%-owned partnership has conditionally agreed to sell five Hawke’s Bay orchards for $18.84 million, as uncertainty from the Kiwi Crunch administration continues to cloud FY26 earnings. Completion depends on Overseas Investment Office consent.

Boom Logistics has secured an expected $18 million, 35-week contract to provide crane services for Neoen’s 179 MW Narrogin Wind Farm in Western Australia. The award gives its FY27 wind division an early revenue platform, although the announcement does not disclose margins or earnings contribution.

Metal Hawk’s Leinster South project produced its strongest drilling results yet, led by a 9-metre intersection grading 12.3g/t gold at the Numbat lode. But the FY26 annual report also flags a material uncertainty over going concern, despite a subsequent $1.2 million placement.

Kantra Copper says laboratory testing achieved copper recoveries above 90% and gold recoveries above 50% from Coburn mineralisation using the existing Kanmantoo processing flowsheet. The result reduces a key metallurgical risk in the Pre-Feasibility Study, although rail logistics and deposit variability remain unresolved.

88 Energy says multiple bids have been received for a farm-out of its South Prudhoe Project, with negotiations continuing toward a preferred partner. Preparations for the Augusta-1 exploration well are advancing, but the planned Q1 2027 spud still depends on farm-out completion and financing.

EcoGraf has completed a A$4.727 million capital raising to support debt financing and development work at its Epanko graphite project in Tanzania. The raise combines a shareholder-backed SPP with a discounted placement to institutional and sophisticated investors.