Latest Northern Territory News

Echelon Resources reports a robust 34% revenue increase and 26% production growth for FY2025, driven by expanded stakes and drilling success at the Mereenie field. The company balances strong cash flow with strategic reinvestment and a modest dividend.

Echelon Resources Limited reported a robust financial year ending June 2025, driven by strategic asset acquisitions and strong commodity prices, delivering a 34% revenue increase and a near 20-fold jump in net profit after tax.

Core Lithium Ltd has launched a non-underwritten equity raising to secure approximately A$60 million, aiming to advance its Finniss Lithium Project to a final investment decision. The capital raise includes a two-tranche placement and a share purchase plan, supporting operational readiness and strategic funding efforts.

Core Lithium has successfully raised $50 million through a two-tranche institutional placement, complemented by a $10 million Share Purchase Plan, to accelerate its Finniss Lithium Project towards a Final Investment Decision.

Shine Justice Ltd reported a 4.4% rise in FY25 revenue to $204.4 million, alongside major legal settlements and leadership changes, signaling renewed growth momentum.

Diatreme Resources has agreed to sell its Clermont Gold Project to Moonlight Resources as part of Moonlight’s upcoming ASX IPO, securing a significant equity stake and board representation.

Moonlight Resources, partly owned by Lithium Plus Minerals, plans to acquire the Clermont Gold Project and pursue an ASX listing, aiming to become a focused gold and critical minerals explorer.

Eneco Refresh Limited has reversed its fortunes with a modest profit in FY25, driven by steady revenue growth and operational improvements across key regions and business units.

Santos Limited reported robust first-half 2025 results, underpinned by strong cash flow and disciplined cost management, while accelerating the start-up of its Pikka phase 1 project to early 2026. The company declared a higher interim dividend, reflecting confidence in its growth trajectory.

New Frontier Minerals reports exceptional assay results from its Harts Range Project, revealing high concentrations of heavy rare earth elements and niobium, setting the stage for its maiden drilling campaign and potential commercialisation.

iTech Minerals has identified significant new mineralisation zones at its Reynolds Range project in the Northern Territory, including high-grade antimony, gold, and copper, with drilling planned for late 2025 to test these promising targets.

Litchfield Minerals' recent VTEM survey at the Oonagalabi project has identified five conductor clusters with fourteen Priority 1 sulphide targets, setting the stage for a significant drilling campaign starting mid-September.