Latest Investment Decisions News

Aquirian’s Drillforce subsidiary has secured a $48 million, three-year drilling and blasting contract at Brightstar’s Lord Byron mine, marking a significant expansion of their strategic partnership in Western Australia’s Goldfields region.

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.

Andromeda Metals has wrapped up the Early Works phase at its Great White Project, setting the stage for construction and trimming the equity funding needed for the next development stage to about $40 million.

Tivan and Sumitomo Corporation have extended their Memorandum of Understanding for the Molyhil Tungsten Project to June 2026, allowing Tivan to complete a Scoping Study and progress joint venture negotiations. Drilling has commenced to expand the resource base, with product marketing underway targeting Q3 2026 delivery.

Cue Energy Resources has reinforced its call for shareholders to reject Horizon Oil’s takeover bid, citing a new multi-year gas sales agreement and planned well drilling at Palm Valley that underpin its long-term revenue growth.

Sunstone Metals has kicked off its latest drilling campaign at the Bramaderos Gold-Copper Project with substantial mineralised intersections, reinforcing the potential to expand its 3.6 million ounce resource. The company prepares to release a scoping study that will clarify the project's economic outlook.

Cue Energy Resources has locked in a multi-year gas sales agreement with the Northern Territory Government, underwriting the drilling of two new wells at Palm Valley. This deal replaces a prior tentative supply plan and promises stable cash flow through to 2034.

Central Petroleum has secured a binding gas sales agreement with the Northern Territory Government, underpinning two new Palm Valley wells that could lift production capacity by around 40%. The deal replaces a prior arrangement and is supported by an expanded loan facility.

Echelon Resources' Palm Valley Joint Venture has locked in a gas supply agreement with the Northern Territory government, enabling drilling of two new wells to restore production capacity by mid-2026.

Centaurus Metals has drawn strong non-binding offers from ten international financiers totaling up to US$320 million to fund its Jaguar Nickel Sulphide Project in Brazil. The company aims to appoint a lead financier by Q3 2026 alongside its Final Investment Decision.

BMC Minerals has cleared a key regulatory hurdle for its Kudz Ze Kayah polymetallic project in Yukon, receiving a positive Decision Document that enables progression to final permitting and targets a 2027 Final Investment Decision.

Vulcan Energy’s Lionheart Project in Rhineland-Palatinate will benefit from a five-year royalty exemption on lithium production, reinforcing Germany’s push for domestic critical material supply and boosting the project’s economic outlook.