Latest Investment Decision News

Range International has opened a 1-for-1 entitlement offer priced at A$0.09 a share, seeking about A$1.69 million to expand its rental pallet fleet and repay debt. Shareholders who do not participate could see their ownership halve if the offer is fully subscribed.

Ballard Mining is seeking up to A$50 million to fund aggressive drilling, early infrastructure and feasibility work at its Mt Ida Gold Project. The raise gives the developer a larger runway towards a mid-2027 development decision, but comes with dilution and no guarantee the full amount will be secured.

Volt Resources securities will resume trading after the company outlined a funding plan worth approximately A$6.912 million and confirmed its ongoing ASX compliance. The restart comes with two Tanzanian mining licences cancelled, limited reported cash and a proposed A$1.5 million capital raising yet to be structured.

Ausgold advanced construction, permitting and drilling at its Katanning Gold Project during the September quarter, while its proposed A$776 million takeover by OceanaGold began to reshape the development timetable. The planned end-2026 resource update and final investment decision have both been deferred as shareholders prepare to vote on the scheme.

Finder Energy is targeting a final investment decision for its Kuda Tasi-Jahal oil project by 30 November, with approvals and engineering largely complete. The decisive hurdles now sit in financing and contract awards, including the rig, shipyard and EPCI packages.

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.

High-Tech Metals has installed a new leadership team and arranged an 11.9% share crossing as it shifts focus from exploration to production at its Western Australian gold projects. The strategy is backed by approximately A$9 million in cash, but still depends on studies, approvals and shareholder decisions.

Corazon Mining has exercised its option to secure an 80% interest in the 154-square-kilometre Feather Cap Gold Project after drilling confirmed shallow, high-grade mineralisation at Wembley. The company now faces the more difficult task of proving scale, continuity and economic significance through follow-up drilling.

KGL Resources has received the second US$16 million payment from Wheaton, completing the early deposit for its Jervois copper project. The company says the broader funding package, combined with its A$300 million equity raising, covers construction and the path into production, although the remaining Wheaton tranches are conditional.

TMK Energy’s Gurvantes XXXV Pilot Well Project delivered record September gas production, with average output rising 8% month on month to 872 cubic metres a day. Workover and drilling rigs are now being mobilised, while a gas-to-power investment decision is due before the end of October.

Civmec has secured more than A$220 million in new contracts and extensions, including construction of Alcoa’s Wagerup gallium plant in Western Australia. The awards are scheduled for delivery across FY27 and FY28 and lift the order book to approximately A$1.5 billion.

Wide Open Agriculture has completed a study for a proposed 10,000-tonne-per-year lupin protein facility with indicative annual revenue of A$240 million to A$295 million. The project remains unfunded, unapproved and years from production, leaving contract manufacturing as the immediate test of the company’s strategy.