Latest Operational Outlook News

Monadelphous Group Limited has landed a suite of new contracts worth approximately $140 million, extending its foothold in the Pilbara and beyond with BHP and Rio Tinto.

Aeris Resources has completed an $80 million equity placement and launched a share purchase plan, strengthening its balance sheet and setting ambitious production targets for FY26. The company is also divesting non-core assets to focus on growth and exploration.

Elixir Energy has received a $3.861 million R&D tax refund, providing crucial funding for its upcoming Taroom Trough appraisal drilling and production testing programs.

Jayride Group Limited reported a $322K net cash outflow for the September quarter as it shifts from airport transfers to a SaaS mobility platform, raising $200K through convertible notes to support its transformation.

3D Energi has commenced drilling the Essington-1 well offshore Victoria, aiming to unlock a combined gross mean prospective gas resource of 262 billion cubic feet. This marks the start of a pivotal exploration phase in the Otway Basin to bolster Australia’s East Coast gas supply.

APC Minerals reported encouraging gold intersections from its Laverton Downs drilling program while navigating a tight cash position and ongoing asset acquisition efforts.

Key Petroleum Limited is on the cusp of securing critical government approvals for its Queensland projects, bolstered by new major shareholders and strategic board changes that set the stage for accelerated development and diversification.

Redstone Resources reports promising copper and cobalt assay results from deep drilling at its West Musgrave project, supported by multiple government grants and a recent $650,000 capital raise to advance exploration.

Manuka Resources has secured significant funding and restructured debt to support the restart of its Australian mines, while awaiting a pivotal environmental decision on its New Zealand Taranaki VTM Project.

Cavalier Resources has raised $2.14 million through a discounted share placement to fund a 5,000m extensional drilling program at its Crawford Gold Project, aiming to underpin future mining stages. The revised Pre-Feasibility Study confirms robust economics with a strong NPV and IRR.

Aguia Resources reported a challenging quarter with significant cash outflows but bolstered its position through a $5.3 million capital raise and a new bank loan for its phosphate project.

Oakridge International reports robust Q1 2025 results with strong sales and technology advances, while managing a potential legal claim.