Latest Litigation News

Bathurst Resources reported a Q1 FY26 EBITDA of NZD 5.2 million, maintaining full-year guidance and progressing major development projects in New Zealand and Canada.

Auric Mining confirms its intent to acquire the Lindsay’s Gold Project, including the Parrot Feathers mine, with payments contingent on ongoing Wardens Court litigation outcomes.

Energy Transition Minerals has won court approval to acquire the Penouta tin-tantalum-niobium mine in Spain, marking a strategic expansion into Europe’s critical minerals sector.

29Metals reports a steady copper output but significant zinc production decline due to seismic disruptions at Golden Grove, alongside rising operational costs and ongoing progress at Capricorn Copper.

Wellard Limited has formally requested to delist from the ASX following the sale of its final revenue-generating vessel, aiming to reduce costs and return excess cash to shareholders. The move awaits shareholder approval at the upcoming AGM.

Equity Story Group has raised $650,000 through a strategic convertible loan led by new Non-Executive Chair Alex Brinkmeyer, signaling a pivot into property funds management. The company also announced significant board changes, including the appointment of David Nolan as Managing Director.

Summit Minerals Limited has announced a fully underwritten entitlement offer to raise approximately $1.08 million, aimed at advancing its Brazilian exploration projects and funding potential acquisitions. The offer, priced at $0.03 per share, is open to Australian and New Zealand shareholders and is expected to dilute non-participating shareholders by about 25%.

PhosCo has terminated the ICC arbitration initiated by TMS Services over the Chaketma Mining project, citing breaches and non-payment of fees. The company now seeks up to A$7.5 million in damages related to longstanding disputes.

Renergen Limited reports significant progress on its merger with ASP Isotopes, resolves a key dispute with Springbok Solar, and reveals promising exploration developments, while managing production and financial challenges.

Quantum Graphite Ltd reported a significant revenue jump alongside a $4.9 million net loss for FY2025, as it pushes forward with its Uley 2 graphite project backed by major infrastructure and funding initiatives.

The National Court of Papua New Guinea has dismissed litigation brought by offshore-funded landowners against Bougainville Copper Limited, ordering indemnity costs in the company’s favor.

Klevo Rewards Limited has updated its prospectus to include a $4.1 million entitlement offer and a $2.2 million debt conversion, aiming to satisfy ASX reinstatement conditions after a prolonged suspension.