Latest Lease Renewals News

Greatland Resources has completed a landmark FY25, integrating Telfer and Havieron operations, producing nearly 200,000 ounces of gold, and raising $490 million in a successful ASX IPO. The company sets ambitious FY26 targets focused on extending Telfer’s mine life through its largest drilling program ever.

St Barbara Limited is progressing towards the renewal of its Simberi Mining Lease, a critical step to extend operations and boost gold production through 2038. Final approval is anticipated in August 2025 after regulatory review delays.

Korab Resources faces renewed uncertainty at its Rum Jungle Project after the Supreme Court invalidated the renewal of two key mineral leases due to a conflict of interest in the decision-making process.

Wiseway Group Limited will seek retrospective shareholder approval for critical related party leases after ASX determines prior approvals were required. The company assures operations remain unaffected as it commissions an independent fairness report.

St Barbara’s application for early renewal of the Simberi Mining Lease is set for review by Papua New Guinea’s Mining Advisory Council in June, a crucial step toward expanding gold production.

Goodman Group reports steady progress in Q3 FY25 with a robust $13.7 billion development pipeline and strong demand for logistics and data centre infrastructure, reaffirming its FY25 Operating EPS growth forecast of 9%.

Dexus Industria REIT has upgraded its FY25 funds from operations guidance, citing lower finance costs and improved returns from Jandakot Airport. Distribution targets remain steady.

US Masters Residential Property Group reported solid Q1 2025 sales of US$48.07 million and a 5% rise in net operating income, while reducing senior debt by over US$31 million despite ongoing market volatility.

Savannah Goldfields has announced a significant new gold Exploration Target at its Red Dam deposit within the Georgetown Project, potentially expanding its resource base and supporting future production plans.

Mirvac Group reported a surge in residential sales and advanced capital partnerships for major developments, reaffirming its FY25 earnings guidance amid strong leasing and occupancy across its portfolio.

Native Mineral Resources Holdings Limited (NMR) has made significant progress on its Charters Towers Gold Project, completing key plant refurbishments and securing $15.9 million in funding to support a planned gold production restart in Q3 2025.

St Barbara Limited confirms a robust Simberi Expansion Project with a 13-year life of mine plan delivering 2.2 million ounces of gold and annual production exceeding 220,000 ounces from FY28. The project’s strong economics and infrastructure upgrades position it as a significant growth driver amid regulatory uncertainties.