Latest Materials News

Elixir Energy's Diona-1 well in Queensland confirms a recoverable overpressured Permian gas resource, enlarging its Taroom Trough footprint to 548,000 net acres. Flowback testing continues with plans for artificial lift to boost production.

Pioneer Minerals has appointed Alaska Midnight Sun Drilling for its first reverse circulation drill campaign at the Springfield Tungsten, Gold and Gallium Project in Idaho, targeting high-grade multi-commodity mineralisation in Q3 2026.

Galilee Energy has secured a fixed-price drilling rig contract for its Zydeco-1 well in Louisiana, confirming a July 2026 spud date and reducing cost and scheduling risks ahead of a key Gulf Coast gas-condensate project.

Manuka Resources has locked in an underwriting deal to cover the exercise of over 11 million options, aiming to raise approximately $2.5 million through a share issuance expected by late May.

Kiwi Property Group reported FY26 results showing 4.3% rental income growth, a stronger balance sheet with gearing down to 37.4%, and a dividend increase, while progressing key asset sales and development projects.

Clean TeQ Water has won a significant Design and Construct contract to deploy its proprietary ATA® tailings dewatering technology at Broken Hill Mines’ Rasp Mine, enabling a key production ramp-up and promising both near-term and long-term revenue streams.

Chariot Resources has broadened its Nigerian lithium acquisition by adding a key small-scale mining licence and converting three leases to mining leases, extending the acquisition timeline and increasing regulatory costs.

Archer Materials progresses its Biosensor platform from alpha to beta prototype, targeting manufacturability and external validation with expanded diagnostic applications including lithium monitoring.

Aldoro Resources has reported its longest continuous mineralised intercept at the Kameelburg project in Namibia, delivering 503.98 metres at 1.30% TREO and confirming robust multi-commodity mineralisation on the eastern flank of the carbonatite.

Australian Oil Company Limited has completed its first crude oil lifting from the Emu Apple Oil Field, marking a key step in its Surat Basin development with steady production and active exploration underway.

Pacific Edge edges closer to a Medicare breakthrough with a draft Local Coverage Determination proposing coverage for its Cxbladder Triage and Triage Plus tests, potentially unlocking reimbursement for over 66 million US patients.

Kingsgate Consolidated has secured royalty and water rights for its Nueva Esperanza silver-gold project in Chile, removing significant financial burdens and unlocking development potential.