Latest Investment Decisions News

Northern Minerals has raised $60.5 million through a heavily oversubscribed placement to advance its Browns Range Heavy Rare Earths Project, positioning itself as a key supplier of critical minerals essential for clean energy and defense technologies.

Conrad Asia Energy has signed a significant gas sales agreement with Indonesia’s PLN subsidiary, underpinning the development of its Mako Gas Field and advancing exploration in Aceh. The company is progressing farm-down talks and preparing for a major seismic survey to unlock further gas resources.

Boab Metals has kicked off early construction works at its Sorby Hills Silver-Lead-Zinc Project, marking a key step toward full-scale mine development and production scheduled after the 2026 wet season.

Ausgold Limited has launched a major multi-rig drilling campaign at its Katanning Gold Project, aiming to grow its 2.44 million ounce gold resource and unlock new regional discoveries ahead of a mid-2026 investment decision.

Lindian Resources confirms its Kangankunde Rare Earths Project remains unaffected by Malawi's raw mineral export ban due to planned in-country processing. The company reassures investors of ongoing compliance and project progress following recent funding and partnerships.

Magnetic Resources NL confirms a highly economic 9-year gold mining project at Lady Julie with a pre-tax NPV of A$970 million and strong funding momentum. The project is poised for construction readiness following key approvals and a successful $35 million placement.

Orion Resource Partners has agreed to acquire a quarter stake in Capstone Copper’s Santo Domingo and Sierra Norte projects, injecting up to US$360 million contingent on project milestones and a positive investment decision.

IRIS Metals Limited has made substantial progress in its South Dakota lithium projects, completing critical drilling phases and expanding its land holdings through strategic acquisitions, supported by a recent $4.27 million capital raise.

Globe Metals & Mining has completed the first tranche of its $8.67 million placement, raising $6.96 million and converting $540,000 of convertible loans to equity, significantly reducing its debt ahead of the Kanyika Niobium Project’s Final Investment Decision.

Karoon Energy reported a 12% production dip in Q3 2025 due to operational challenges but saw a 3% revenue increase driven by higher oil prices and secured a new deepwater block in Brazil.

Astral Resources reports robust assay results from its Theia Deposit in-fill drilling program, reinforcing the potential for a profitable starter pit at its Mandilla Gold Project. Ongoing diamond drilling and regional exploration at Feysville aim to further unlock value.

Woodside Energy Group has sealed a strategic partnership with US infrastructure giant Williams, selling stakes in Louisiana LNG and Driftwood Pipeline for $378 million, accelerating the project’s path to first LNG in 2029.