Latest Farming News

Sunshine Metals has launched a targeted reverse circulation drilling program at Liontown to upgrade shallow oxide gold and silver resources and advance metallurgical studies, aiming to fast-track development amid strong gold prices.

Peel Mining Limited has reported a significant upgrade to its Wagga Tank Mineral Resource Estimate, enhancing the South Cobar Project’s global resource base and advancing its pre-feasibility study with promising cost and timeline benefits.

Simble Solutions reported a 39% rise in customer cash receipts for Q1 FY25 and strengthened its market position through strategic partnerships and renewable energy initiatives.

Invictus Energy has secured a three-year extension for its Cabora Bassa Basin licence and gained environmental approval for pilot gas production, setting the stage for expanded exploration and early commercialisation in Zimbabwe.

Brockman Mining Limited reports steady progress on its Marillana and Ophthalmia iron ore projects through joint ventures, infrastructure planning, and social consultations, while maintaining a stable financial position.

Lion Energy is making significant strides in its Port of Brisbane green hydrogen project with EPC contract negotiations underway, while gearing up for a key drilling campaign at its East Seram oil prospect in 2025.

Melbana Energy advances its Cuban Block 9 operations with the Alameda-2 workover and prepares to drill Amistad-2, while announcing maiden resource estimates offshore Western Australia’s AC/P70 permit.

Iluka Resources reported a solid FY 2024 with $1.13 billion in mineral sands revenue and a net profit of $231 million, while advancing key projects like Balranald and Eneabba refinery.

Iluka Resources reported a 32% drop in net profit after tax to $231 million for 2024, while securing critical funding for its Eneabba rare earths refinery and progressing the Balranald mine development.

Meridian Energy has agreed to acquire NZ Windfarms for $91 million, aiming to streamline financing and boost capacity at the Te Rere Hau Wind Farm. The deal, supported by key shareholders, marks a significant step in New Zealand’s renewable energy landscape.

Select Harvests Limited delivered a standout FY24 with a record almond crop and a significant NPAT turnaround, underpinned by strategic cost management and a successful $80 million capital raise. The company signals continued growth and operational improvements heading into FY25.

Morphic Ethical Equities Fund Limited reported a robust turnaround with a $2.96 million profit after tax for the half-year ended December 2024, reversing last year’s losses despite no dividends declared.