Latest Produce News

oOh!media shareholders have taken the proposed $1.68-per-share I Squared Capital takeover to its decisive meeting, with proxy and direct votes showing 99.81% support by votes cast. The final poll result was still to be announced, while FIRB approval remains the key outstanding regulatory hurdle.

Orezone Gold has put a US$1.05 billion after-tax valuation on a 14-year Casa Berardi mine plan, with a planned East Mine restart and 1.63 million ounces of production. The economic case remains preliminary, includes Inferred Resources and reports no Mineral Reserves.

Accent Resources has completed the sale of its Norseman Gold Project and received A$3.0 million in cash, giving its Magnetite Range iron ore strategy immediate funding. A further A$1.0 million remains conditional on mining-lease and operating approvals.

Australian Oil has signed a 24-month Brent-linked oil sales agreement for its Riverslea field, removing a key commercial prerequisite for restarting production. On-ground works are underway, with the company targeting completion by year-end before production resumes as soon as practicable.

Vintage Energy’s FY26 annual report has laid bare the financing challenge behind its Cooper Basin growth plans, with production and revenue falling, reserves reclassified and the auditor flagging material uncertainty over the company’s ability to continue as a going concern. A $2.5 million net government grant contribution provides a start, but Vintage still needs matching capital to drill and work over its core gas assets.

Skylark Minerals has secured A$20 million in institutional funding, including a strategic A$5.1 million investment from West African gold producer PDI Gold. The capital will fund the next phase of exploration at Côte d’Ivoire’s Zaranou project, where the Inferred Mineral Resource recently reached 1.20 million ounces.

Skylark Minerals has secured A$20 million to fund another round of drilling at its Zaranou gold project in Côte d’Ivoire, with West African producer PDI Gold committing A$5.1 million for a 9.9% stake. The raise follows a more than threefold increase in Zaranou’s Inferred Mineral Resource to 1.20 million ounces.

Rokeby Resources has secured $1.3 million through a placement and is seeking a further $1.7 million from eligible shareholders to fund resource estimation, drilling access and working capital. The raise comes at a discount and could materially expand the share count, while attaching options remain subject to shareholder approval.

ADX Energy has launched a discounted 2-for-5 renounceable rights issue targeting up to A$5.2 million, with proceeds aimed at Vienna Basin production work and new Austrian gas activity. The raise is only partially underwritten, while the prospectus warns that failure to complete it would create significant going-concern uncertainty.

Iltani Resources has reported its thickest-ever Orient intercept, with 106m at 143 g/t silver equivalent from shallow depth in Orient East. Further results also broaden the southern and eastern targets ahead of a resource update and a planned 145-hole follow-up program.

AMA Group has maintained its $75 million to $80 million FY27 normalised EBITDA guidance despite subdued low-severity repair volumes in the first quarter. The update also included positive operating cash flow, a resumed dividend and record FY26 revenue.

Sunrise Energy Metals has approved development of its Syerston Scandium Project in New South Wales, targeting first commercial production in the second half of 2028. The decision moves the project into construction while leaving financing, listing and execution milestones ahead.