Latest Investment Decisions News

Santos Limited edged up production by 3% in Q2 2026, with Barossa hitting 97% of planned output and Pikka phase 1 moving toward plateau. Sales revenue rose 6% to $1.35 billion, while free cash flow impacts from commissioning are expected to reverse in H2.

Ardea Resources pushes back the completion of its Kalgoorlie Nickel Project DFS to pursue optimisation opportunities, while securing strong multi-level government backing and maintaining a robust financial position.

Genesis Energy reported an 11.6% increase in electricity netback to $189/MWh in Q4 FY26, driven by a strategic shift to a single brand and simplified product offering. Despite a 5.8% decline in total customers and lower electricity sales, the company advanced its renewables pipeline and battery storage projects while thermal generation dropped sharply due to warmer conditions.

Mercury NZ invests US$30 million for a minority stake in Datagrid NZ, aligning with its strategy to power long-term renewable demand from large-scale digital infrastructure projects.

Caravel Minerals has advanced its Caravel Copper Project DFS with a 48% increase in Proven Ore Reserves and secured $15 million in new royalty funding from Regal Royalty Fund, while extending key regulatory timelines.

Horizon Gold's Definitive Feasibility Study for the Gum Creek Project outlines a robust 10-year open pit mine plan with strong financial returns and production targets, setting the stage for a Final Investment Decision in mid-2027.

Beach Energy delivered a solid FY26 with 19.4 MMboe production, a record 18 months without injuries, and a key Otway Basin asset sale freeing $500 million capital.

Anson Resources has secured the initial tranche of a AUD 7.2 million facilitation fee from POSCO, advancing the Green River Lithium Project’s Direct Lithium Extraction demonstration plant in Utah.

NH3 Clean Energy has completed critical environmental surveys for its WAH2 Project, confirming no threatened species or ecological communities in the development area. This milestone supports upcoming State and Commonwealth approval submissions, advancing the project towards its final investment decision.

Ardea Resources is pushing forward its Kalgoorlie Nickel Project’s Goongarrie Hub with a fully funded $98.5 million Definitive Feasibility Study, underpinned by multi-jurisdictional government support and strategic partnerships with Japanese industry giants.

Buru Energy pushes forward with its Rafael Gas Project development, securing A$5.3 million in funding and progressing environmental approvals while navigating executive leadership changes.

Orbminco has completed key drilling and metallurgical milestones at Majestic North, keeping its development timeline on track for a September Mining Development and Closure Proposal lodgement and final investment decision.