Latest Leasing News

New Zealand King Salmon reported a $20.8 million net loss for the half year ending July 2025, driven by biological setbacks and reduced harvests. Despite this, the company maintains a strong balance sheet and is advancing its Blue Endeavour pilot farm and growth initiatives.

CDC, Infratil’s data centre arm, has locked in approximately 100MW of new contracted capacity, reinforcing strong demand driven by cloud and AI workloads in Australasia. This milestone supports CDC’s target to double FY25 earnings by FY27.

AXP Energy has successfully reached the target depth in its Charlie #1 well, revealing over 290 feet of promising oil and gas shows across multiple formations. The company is now preparing for detailed logging to assess commercial viability.

Hammer Metals has identified a third mineralised gold zone near the Bronzewing Mining Lease boundary, with ongoing drilling revealing promising extensions at its Yandal Gold Project in Western Australia.

Accelerate Resources Limited has executed a binding agreement to earn up to 80% interest in the Balagundi Gold Project near Kalgoorlie, expanding its Eastern Goldfields footprint with promising historical and recent gold intercepts.

Middle Island Resources has initiated field activities at the Bobija polymetallic project in Serbia, targeting significant gold, silver, lead, and zinc mineralisation within a historic mining lease. The move follows its pending acquisition of Konstantin Resources, expanding its footprint into a world-class mineral province.

Brookside Energy has announced a new Area of Interest in the Anadarko Basin, targeting thick, liquids-rich reservoirs with promising economic returns and significant reserves growth potential.

Dreadnought Resources announces a significant 36% increase in the high-grade Measured and Indicated gold resource at its Star of Mangaroon project, underpinning an updated open pit study and advancing commercial discussions.

West Coast Silver has awarded a Phase 2 drilling contract at its Elizabeth Hill Silver Project following impressive high-grade silver intercepts from its inaugural diamond drilling program. The upcoming drilling campaign aims to expand near-surface mineralisation and explore depth extensions along the prolific Munni Munni Fault.

Boab Metals Limited has responded to ASX concerns over recent unusual trading activity, confirming no undisclosed information exists and attributing the surge to positive research reports and rising silver prices.

Far Northern Resources has completed a high-resolution LiDAR survey at its Bridge Creek project in the Northern Territory, revealing multiple historical gold workings and confirming key geological targets along the prolific Howley anticline. This advanced mapping sets the stage for targeted drilling and infrastructure planning.

Loyal Metals reveals a strategic pivot to copper with its Highway Reward mine, tapping into remnant resources and AI-driven exploration to capitalize on soaring commodity prices.