Latest Farming News

GBM Resources has engaged renowned geophysicist David McInnes to reprocess historic data and identify new gold targets, aiming to expand its 1.84 million ounce resource base in Queensland's Drummond Basin.

Origin Energy reported a solid half-year performance with statutory profit rising to $1.02 billion and underlying profit up 24% to $924 million, driven by strong LNG trading and APLNG operations. The company is advancing its renewable energy investments and technology platforms while maintaining dividend growth.

Origin Energy reported a robust half-year result for December 2024, with revenue up 10% and profit rising 2%, while accelerating investments in battery storage and renewables.

Adelong Gold Limited has secured an additional $400,000 through a placement, increasing total funds raised to $1.573 million. This capital injection aims to fast-track exploration and development at its flagship gold project and lithium assets in Brazil.

Copper Search Limited has entered an exclusive option and joint venture agreement to earn up to 75% in the Byrock Project, a highly prospective copper-gold exploration asset in the Lachlan Fold Belt, NSW. The company plans to commence drilling in Q3 2025, aiming to unlock significant shareholder value through large-scale discovery.

RLF AgTech Ltd has successfully raised approximately $2.42 million through an Entitlement Issue and Shortfall Placement, reflecting strong shareholder confidence in its turnaround strategy and growth prospects in Australia and Asia.

Charger Metals NL has reported further high-grade lithium intersections at its Medcalf West Prospect, including an 11m interval grading 1.80% Li2O, while initiating diamond drilling at the promising Mt Day Prospect.

Australian Rare Earths Limited has launched a significant 2025 drilling campaign at its Overland Uranium Project, targeting promising palaeovalley structures and high-priority zones following encouraging 2024 results. Regulatory approvals for the Sheer Gold Farm-In further expand exploration potential.

Adelong Gold Limited has raised $1.173 million through a placement to fund exploration and development at its NSW gold project and lithium ventures in Brazil. The capital raise, including free attaching options, signals investor confidence as the company advances towards production.

Charger Metals NL has reported promising high-grade lithium intersections at its Medcalf West Prospect within the Lake Johnston Project, alongside initiating a diamond drilling program at the Mt Day Prospect, signalling potential expansion of its lithium resource base.

Novo Resources has significantly expanded its Australian exploration footprint through three new high-potential farm-in and joint venture agreements, while maintaining a robust financial position with A$12.1 million in cash and A$43.8 million in investments.

Whitebark Energy has locked in a $2 million placement to fund its acquisition of King Energy, positioning itself at the forefront of Australia's emerging white hydrogen and helium sectors.