Latest Growth Projects News

St Barbara Limited forecasts a sharp rise in gold production to 191 koz by FY30, driven by the New Simberi expansion, Touquoy Restart, and 15-Mile Processing Hub. The company is well-capitalised with over A$500 million in cash and committed capital expenditure plans.

Ora Banda Mining delivered a record 38,800 ounces of gold in the March quarter, generating $76.3 million in free cash flow and boosting cash reserves to $231.7 million. The company also reported a tenfold increase in its Round Dam Mineral Resource to 1.33 million ounces, underpinning its aggressive growth strategy.

Evolution Mining (ASX: EVN) ended March 2026 with a net cash position of $42 million and a $1.37 billion cash balance, driven by strong cash flow from high-margin operations and on-track production.

Moody’s Ratings has affirmed APA Group’s Baa2 (stable) credit rating and lowered the downside FFO/Debt threshold from 8% to 7%, reinforcing APA’s financial footing for future growth. This follows a similar adjustment by S&P last December that expanded APA’s debt capacity by over $1 billion.

St Barbara has secured key environmental approvals to restart its Touquoy gold processing facility in Nova Scotia, targeting ore processing by the end of 2026. The project aims to produce 38,000 ounces of gold over 13 months, generating significant cash flow and local economic benefits.

DGL Group Limited (ASX: DGL) posted a statutory net loss of $12.8 million for the half year ended December 2025, impacted by non-cash write downs and operational costs, while progressing strategic initiatives including warehouse expansion and a new liquid waste treatment plant.

Alkane Resources has locked in a $110 million revolving credit facility alongside a $40 million contingent instrument facility, enhancing liquidity and banking ties to support its mining operations and growth projects.

Forrestania Resources has confirmed significant high-grade gold mineralisation extending deeper and along strike at its British Hill project, following its maiden drilling program. The results bolster prospects for expanding the resource and advancing development plans.

Aeris Resources has finalised the sale of its North Queensland copper assets to Dingo Minerals, unlocking immediate cash and environmental bond releases with further payments contingent on production milestones.

Gorilla Gold has reported high-grade gold intersections well beyond its existing Mulwarrie resource, revealing significant potential for resource expansion and a broader exploration footprint across a 30km corridor.

Woodside Energy has appointed Elizabeth Westcott as its new CEO and Managing Director, confirming leadership continuity amid key growth projects. Westcott’s extensive industry experience and performance-linked incentives underscore Woodside’s focus on sustainable value creation.

Pacific Lime and Cement Limited has formalised a landmark agreement with the Papua New Guinea government to develop the country’s first integrated lime and cement manufacturing platform, marking a major step in PNG’s industrial growth.