Latest Perth News

Beach Energy (ASX:BPT) reported a 742% jump in net profit to $281 million for FY26 despite a 9% revenue decline, driven by Waitsia Gas Plant reaching full capacity and stringent cost control. The company declared a fully franked final dividend of 2 cents per share.

Forrestania Resources has upgraded the British Hill gold deposit resource to 126,290 ounces, more than doubling the previous estimate and significantly increasing the higher-confidence Indicated category. Ongoing drilling and development studies aim to further enhance the project’s value within the Forrestania Hub.

Monadelphous has secured a $200 million contract from BHP to deliver key infrastructure works at the Nelson Point Port Facility in Port Hedland, signalling a significant boost for its engineering construction division.

Mayfield Group Holdings has finalized its acquisition of Nilsen's Switchboards Division, adding skilled staff and new product lines to boost manufacturing capacity and revenue growth prospects for FY27.

Toubani Resources has moved the Kobada Gold Project firmly into its construction phase, with key infrastructure nearing completion and financing arrangements ready for drawdown.

Macallum New Energy has released an independently certified maiden Prospective Resource estimate for its Aberfeldy Prospect in the North Perth Basin, revealing significant unrisked recoverable oil and gas volumes under two fluid scenarios.

Pentanet has reported an 8% revenue increase to $24.4 million and a 74% rise in EBITDA to $2.4 million for FY26, driven by its expanding cloud gaming platform and resilient telecommunications base.

Impact Minerals pushes its Lake Hope High Purity Alumina project into pilot production while its JV partner Kuniko hits mineralisation in every hole at Commonwealth, discovering new high-grade extensions.

Spectur Limited posted its strongest quarter of cash receipts in FY26, driven by new contracts and a major technology upgrade, while launching legal action over significant customer losses.

Aspermont Limited reported a 25% year-on-year revenue increase to A$4.5 million in Q3 FY26, achieving normalised EBITDA breakeven for the first time and marking its 40th consecutive quarter of subscription growth. The company’s Data & Intelligence platform advances with key contracts underway and non-subscription revenues surging.

Firebird Metals has secured a Perth site and placed all major equipment orders for its Australian Demonstration Plant, backed by a A$2 million ARENA grant. Independent testing confirms ultra-high purity manganese sulphate production, reinforcing its technology's potential.

Aurora Energy Metals progresses the Aurora Uranium Project with a major drill program imminent under Eagle Nuclear Energy, while broadening its Western Australian footprint with new exploration licences at Mukinbudin.