Latest Operational Update News

Scentre Group's first quarter update reveals robust retail sales growth and strong leasing metrics, alongside significant capital management moves including bond redemption and a major joint venture stake sale.

Group 6 Metals has secured a pivotal underground mining contract with HMR Drilling Services, marking a decisive step toward sustained production at the Dolphin Tungsten Project on King Island.

Pantoro Gold’s latest drilling at Scotia confirms significant high-grade gold zones well below current resources, prompting approval for new mining levels and bolstering production prospects for FY2027 despite recent delays.

Kaiser Reef reports promising drilling results and key infrastructure upgrades at its Maldon Gold Project, setting the stage for expanded exploration and production in Victoria’s historic gold district.

Fitch Ratings has maintained Karoon Energy’s credit ratings while revising its outlook to Negative, citing operational disruptions and production decline risks despite solid liquidity and manageable debt. Karoon is actively working on restoring production at key assets with updates expected in its upcoming quarterly report.

Native Mineral Resources (ASX:NMR) has delivered strong diamond drilling results at its Blackjack Mine, Queensland, confirming and exceeding previous gold grades. Mining has resumed with ore processing underway, supported by new infrastructure and ongoing development.

Sheffield Resources reported a fire at its Thunderbird Mineral Sands Mine feed preparation plant during maintenance, causing limited damage and no injuries. Operations resumed within two days after safety checks.

Emu NL's EMUOA securities have been suspended from trading by the ASX, pending compliance with listing rules. This move affects only the EMUOA class and signals regulatory scrutiny ahead of the company's next steps.

Paladin Energy has lifted its uranium production guidance for FY2026 at the Langer Heinrich Mine, citing strong ramp-up progress and improved processing metrics. The company also trimmed capital expenditure forecasts while maintaining sales and cost outlooks amid geopolitical uncertainties.

Contact Energy Limited has issued 4.99 million shares at NZ$9.42 each as scrip consideration to acquire a stake in King Country Energy. The shares will be escrowed for 12 months, marking a strategic expansion without a capital raise from existing shareholders.

Horizon Oil has crossed the crucial 50.1% acceptance threshold in its off-market bid for Cue Energy, removing a key condition from the offer. Meanwhile, the Mereenie joint venture suspends planned drilling after gas sales talks with Northern Territory’s Power and Water Corporation expire.

Freehill Mining’s aggregate materials sales surged in March, with quarterly sales up 60%, while the company prioritises mine planning and permitting for its Blanco y Negro copper-gold project.