Latest Investments News

DeSoto Resources has raised A$14 million in a strongly supported placement to fund its maiden drilling program in Guinea’s prolific Siguiri Basin, backed by a notable cornerstone investor and institutional interest.

Buru Energy secured key government approvals and identified a promising new gas prospect beneath its Rafael field, while raising $4.4 million to fund development activities. The company is gearing up for a Final Investment Decision in 3Q 2026, aiming for first material cash flow by 2028.

Triangle Energy (Global) Limited has been awarded a 100% interest in the SC-82 onshore exploration contract in the Philippines’ Cagayan Basin, unlocking a large prospective gas area near existing infrastructure.

Triangle Energy and its joint venture partners have been awarded two offshore service contracts in the underexplored Sandakan Basin, Philippines, holding significant contingent gas and condensate resources. These contracts mark a strategic expansion into a promising region with multi-TCF exploration upside.

Melbana Energy has significantly upgraded its prospective resource estimates for the AC/P70 offshore permit, boosting gas and oil volumes and advancing the Hadrosaurus lead to prospect status, while progressing a farmout process to fund exploration.

Medical Developments International reported a strong start to FY26 with significant revenue growth driven by increased Penthrox volumes and pricing improvements in Australia, alongside steady European demand and progress on paediatric label approvals.

Alkane Resources reported a solid September quarter with 36,407 gold equivalent ounces produced following its merger with Mandalay Resources, maintaining its full-year 2026 production guidance despite one-off merger costs.

GQG Partners reported a decline in funds under management to US$167.2 billion as net outflows hit US$1.7 billion in September, reflecting cautious investor sentiment amid market volatility.

QPM Energy has secured a $113.7 million lease agreement with Macquarie Bank to fund key gas turbines for its Isaac Power Station, reinforcing its mid-2027 commissioning goal. This milestone advances the project closer to final investment decision amid ongoing engineering and approvals.

Buru Energy has raised $2.35 million through a Share Purchase Plan and shortfall placement, bolstering funding for its Rafael Gas Project in Western Australia.

BHP Group Limited has updated its dividend announcement, revealing the dividend reinvestment plan price for the first half of fiscal 2025. The fully franked dividend of USD 0.60 per share will be paid on 25 September, with shareholders able to reinvest at a DRP price based on recent market transactions.

New Zealand Coastal Seafoods has strengthened its financial footing with a $100,000 convertible note investment from cornerstone backer Ilwella Pty Ltd, aiming to accelerate its sustainable growth plans.