Latest Lead News

Finder Energy is accelerating development of its KTJ oil project in Timor-Leste, securing key infrastructure and funding partnerships to target first oil by the end of 2027. The company’s strategic moves include acquiring the Petrojarl I FPSO and a farmin agreement covering half the development costs.

Pioneer Minerals has enlisted Dr Larry Meinert, a global authority on skarn geology, to enhance exploration at its Springfield Tungsten-Gold Prospect in Idaho. This strategic move aims to sharpen geological insights and accelerate discovery potential.

Genesis Minerals has announced a recommended scheme to acquire Magnetic Resources for A$639 million, significantly expanding its gold resource base and advancing its ambitious ASPIRE 500 production goal.

New Frontier Minerals has identified significant exploration targets across 14 prospects in its NWQ Copper Project, with plans to advance the Big One Deposit towards production.

IMDEX Limited has reported its strongest first half ever, with revenue climbing 16% to $247 million, driven by robust market share gains and key acquisitions that broaden its mining technology portfolio.

Liberty Financial Group has reported a robust 12% increase in underlying NPATA to $82.3 million for the half year ending December 2025, supported by record loan originations and a strong balance sheet. The acquisition of Moula is set to accelerate unsecured SME lending, while cost efficiencies and moderating credit risk underpin improved financial metrics.

Reece Limited reported a 6% rise in sales revenue to $4.6 billion for the half-year ending December 2025, while profits declined amid challenging market conditions. The company continues to expand its branch network in Australia and the US, balancing growth ambitions with cost pressures.

Genesis Energy has reported a record first-half normalised EBITDAF of NZ$307 million, underpinned by strong hydro inflows and portfolio flexibility, while announcing a $400 million equity raise to accelerate its renewable growth strategy.

Advanced Innergy Holdings Ltd (ASX:AIH) has reported a robust FY25 performance highlighted by a successful IPO and strong growth across its core segments, setting a confident tone for FY26.

Flynn Gold has initiated its first diamond drilling program in nearly 80 years at the Silver King prospect in Western Tasmania, aiming to test high-grade silver-lead-zinc mineralisation along a historically rich trend. This staged program seeks to validate and extend historical findings with modern exploration techniques.

FortifAI Limited has raised $5 million through a strategic placement led by a major Australian institutional fund manager, reinforcing its balance sheet and accelerating its AI development and commercialisation plans.

Kuniko Limited has raised A$3.75 million in a strongly supported placement to fast-track drilling and resource expansion at its Commonwealth Gold–Silver Project in NSW’s Lachlan Fold Belt. Phase I drilling is underway, with results expected in April 2026.