Latest Lease Renewals News

Korab Resources reports significant gold and base metals exploration progress at its Rum Jungle Project, alongside innovative mining method evaluations and ongoing legal challenges to key lease renewals.

St Barbara Limited has agreed to sell a 20% interest in its Simberi Gold Project to Papua New Guinea’s Kumul Mineral Holdings for A$100 million, forming a strategic joint venture that aligns with PNG’s resource ownership goals.

Accent Group reported a modest 1.6% rise in FY25 owned sales to $1.46 billion and a net profit after tax of $57.7 million, while outlining ambitious FY26 plans including the launch of Sports Direct stores in Australia and New Zealand.

Charter Hall Group reported solid FY25 results with 7.4% growth in operating earnings per security and upgraded its FY26 earnings guidance to 95 cents, reflecting robust equity inflows and tenant demand. The company also highlighted significant sustainability progress and board changes at its 2025 AGM.

Besra Gold Inc reveals significant challenges at its Bau Gold Project, including mining lease renewal uncertainty and a reduction in measured gold resources, prompting a strategic pivot to government and community engagement before advancing development.

Desane Group Holdings posted a $3.3 million net profit for FY25, bolstered by key lease extensions and a $6.2 million property valuation uplift despite ongoing post-pandemic challenges.

Greenwing Resources advances its polymetallic Que River project with a positive scoping study, while monetising assets in Madagascar and maintaining a strong lithium resource in Argentina.

Sabre Resources reports significant exploration advances with anomalous rare earth, uranium, and critical metals results across multiple Northern Territory projects, underpinning plans for imminent drill testing.

CAQ Holdings reported a 7% drop in leasing revenue amid persistently high vacancy rates and cash flow pressures in the September 2025 quarter. The company is negotiating lease renewals and seeking debt facility extensions to sustain operations.

Besra Gold Inc has updated its Bau Gold Project resource to 2.28 million ounces and is intensifying efforts to renew a critical mining lease, signaling a strategic reset for the company.

Universal Store Holdings has reported robust FY25 results with revenue climbing 15.5% to $333.3 million and a dividend increase, signaling confidence despite retail headwinds. Early FY26 trading shows continued momentum.

Riedel Resources has finalized drilling plans for its high-grade Kingman Gold Project in Arizona and secured $1.4 million through equity raises to fund upcoming exploration and development activities.