Latest Operational Risk News

Aurizon’s half-year FY2025 results reveal a 4% EBITDA decline despite a 6% increase in coal volumes, alongside mixed safety outcomes and an extended $300 million buy-back program.

Tamboran Resources Corporation posted a $20 million net loss for the half year ending December 31, 2024, reflecting intensified exploration and development activities in the Beetaloo Basin amid no revenue generation. The company’s cash reserves declined to $59.4 million, underscoring the pressing need for additional capital to fund ongoing projects.

Native Mineral Resources has completed a $15.9 million shortfall placement, fully funding the restart of gold production at its Queensland projects with first output expected in the third quarter of 2025.

South32 Limited reported a strong first half of fiscal 2025, driven by improved operational performance and a streamlined portfolio following the sale of Illawarra Metallurgical Coal. The company announced a fully-franked interim dividend and maintained its production guidance despite some operational challenges.

The Commonwealth Bank of Australia has released its December 2024 Basel III Pillar 3 report, reaffirming strong capital adequacy and liquidity positions despite evolving regulatory frameworks.

Elixir Energy has significantly expanded its footprint in the Taroom Trough through a farmin agreement with Santos, adding substantial contingent gas resources as Eastern Australia faces an imminent gas supply shortfall.

KGL Resources Limited has released a comprehensive feasibility study update for its Jervois Copper Project, confirming its technical robustness and financial viability with plans to commence production in 2027. The project boasts a post-tax net present value of A$405 million and aims to produce around 30,000 tonnes of copper annually, positioning itself to capitalize on a tightening global copper market.

Hartshead Resources has submitted a development programme and budget to the P2607 Joint Venture, proposing a new gas export route through CalEnergy’s Saturn Banks pipeline, promising reduced capital expenditure and accelerated production timelines.

Beach Energy Limited has reversed its fortunes with a $222.3 million net profit for H1 FY25, driven by higher production and improved gas prices. The company also announced a fully franked interim dividend of 3.0 cents per share.

Whitebark Energy has locked in a $2 million placement to fund its acquisition of King Energy, positioning itself at the forefront of Australia's emerging white hydrogen and helium sectors.

Green Critical Minerals Limited has launched an offer of up to 10,000 Listed Options at no cost to remove trading restrictions on previously issued options, aiming to facilitate secondary trading and enhance liquidity for investors.

Canyon Resources has gained government approval for its Inland Rail Facility location in Cameroon, advancing the Minim Martap Bauxite Project with new land allocation and infrastructure plans.