Latest Lease Extensions News

Geopacific Resources advances its Woodlark Gold Project with promising drilling results at Kamwak and a crucial mining lease extension, while strengthening strategic partnerships and progressing its feasibility study.

St Barbara Limited reports steady progress on its Simberi Expansion Project in Papua New Guinea and Atlantic Gold Projects in Canada, despite production challenges and pending regulatory decisions. A recent A$58 million capital raise strengthens its financial position for growth.

IPB Petroleum advances its key Browse Basin assets with ongoing drilling discussions and a strategic board appointment, while maintaining a solid cash position.

St Barbara Limited forecasts a 21% increase in gold production for FY26 at its Simberi Operations, with costs expected between A$4,000 and A$4,400 per ounce. However, key capital investment decisions hinge on unresolved Papua New Guinea tax assessments and mining lease approvals.

St Barbara Limited advances negotiations with Papua New Guinea authorities on the Simberi Mining Lease extension, while awaiting revised tax reassessments that could unlock project expansion.

St Barbara Limited reveals strategic progress on its Simberi Sulphide Expansion and Atlantic Projects, underpinning a robust production outlook and advancing key regulatory approvals.

Geopacific Resources has won a crucial extension on its Woodlark Mining Lease in Papua New Guinea, providing vital flexibility to progress its 1.67 million ounce gold project ahead of a definitive feasibility study due later this year.

Desane Group Holdings Limited reported a strong FY25 with net profit after tax doubling to $3.3 million, supported by a $6.2 million uplift in property valuations and key lease extensions securing future rental income.

The Papua New Guinea Mining Advisory Committee has recommended extending St Barbara's Simberi Mining Lease to 2038, aligning with plans to boost gold production beyond 200,000 ounces annually.

Adrad Holdings reported solid FY25 results with revenue climbing 8.9% to $153.1 million, despite a slight dip in EBITDA due to cost pressures. The company boosted its dividend by 18%, reflecting confidence in future growth.

Growthpoint Properties Australia reported solid FY25 results, achieving its Net Zero Target and expanding funds management with $328 million in new assets. The company sets a confident outlook for FY26 amid stabilizing market conditions.

Growthpoint Properties Australia reported FY25 results exceeding funds from operations guidance, increased distributions, and achieved its Net Zero Target, while reducing gearing and expanding funds management.