Latest Infrastructure News

Castle Minerals has reported compelling high-grade gold intercepts from its Kpali Gold Prospect in Ghana’s Upper West Region, confirming the site as a robust discovery with promising potential for a new West African mining camp.

Hillgrove Resources has updated its Kanmantoo Mine exploration targets, identifying significant copper-gold potential and planning an extensive 19,000-metre diamond drilling campaign in 2025 to expand its resource base.

Tamboran Resources Corporation posted a $20 million net loss for the half year ending December 31, 2024, reflecting intensified exploration and development activities in the Beetaloo Basin amid no revenue generation. The company’s cash reserves declined to $59.4 million, underscoring the pressing need for additional capital to fund ongoing projects.

Viva Leisure has delivered record revenue and profitability in the first half of FY2025, driven by robust membership growth and technology integration, reaffirming its strategic focus on operational efficiency and cash flow generation.

Venus Metals Corporation has initiated field activities at its Bellchambers Gold Project, setting the stage for a significant drilling campaign aimed at expanding and upgrading its gold resource base.

Downer EDI Limited has reported a strong financial turnaround in the first half of FY25, with significant earnings growth and improved cash flow despite a revenue decline influenced by divestments and softer market conditions.

Tamboran Resources reports significant progress in its Beetaloo Basin development, including record-setting drilling, strong cash reserves, and strategic partnerships, positioning itself for first gas in 1H 2026 and exploring new growth avenues.

Downer EDI Limited has reported a robust first half of FY25, with a 4.7% rise in statutory NPAT and a striking 70% increase in pro forma NPATA, underscoring the success of its ongoing transformation program.

Tamboran Resources has made significant strides in the Beetaloo Basin, completing two major wells and securing key infrastructure agreements, positioning itself for first gas production by mid-2026.

Domain Holdings Australia Limited reported a robust 7% revenue increase to $217.2 million in H1 2025, driven by strong adoption of its Marketplace strategy and innovative products like Platinum Edge and Audience Boost. Despite some segment challenges, the company maintains a positive outlook with stable margins and ongoing technology investments.

Downer EDI Limited has announced a six-month ordinary dividend of AUD 0.108 per share, payable on March 27, 2025, with 75% franking. The dividend offers currency flexibility for New Zealand investors.

Downer EDI reports a robust half-year financial performance for December 2024, with notable increases in profit and earnings per share, despite suspending its Dividend Reinvestment Plan.