Latest Project Completion News

xReality Group expanded its Operator XR customer base, recurring revenue and sales pipeline in the first quarter, while securing its first US Marine Corps order after quarter end. But the company remains focused on completing its FY26 audit and reinstating trading, with $1.4 million in quarter-end cash against $4.55 million of secured debt.

Challenger Gold has completed the first US$15 million tranche of its convertible debenture raise, giving the Hualilan development a near-term funding base. A further US$15.3 million is agreed in principle, but part of it remains subject to shareholder and potentially ASX approval.

Scott Technology delivered record FY26 revenue and operating EBITDA, lifted its full-year dividend to 9 cents per share and issued FY27 guidance for further growth. The harder question is whether a lighter forward-work balance and higher investment can support the next phase of its Destination 2030 plan.

Bellevue Gold has kept FY27 production and cost guidance intact despite a slower-than-expected mining contractor ramp-up that reduced September-quarter output to 35,585 ounces. The company also cut forward sales commitments to 57.5koz, increasing its future exposure to spot gold prices while capital spending weighed on free cash flow.

White Energy has completed the A$0.5 million acquisition of the South Galilee Coal Project, taking control of the entities that hold its tenements. The transaction gives the company another coal asset, but the filing provides no development timetable, resource figures or production outlook.

Cauldron Energy has completed a 10,506-metre Yanrey drilling campaign that extended mineralisation at Manyingee South and Manyingee North, including a link towards Paladin’s neighbouring Manyingee deposit. The ASX-listed uranium explorer now plans to fold the results into a JORC resource update expected within two months, while a visit from Uzbekistan’s Navoiyuran adds a separate potential development thread.

6K Additive has completed a six-year, US$27.4 million secured loan with the US Export-Import Bank to expand production of critical metal powders in Pennsylvania. The financing gives the company access to project funding through June 2028, but the final interest rate and the expansion’s eventual output remain to be established.

Capstone Copper has agreed to sell its Cozamin mine in Mexico to Luca Mining in a deal featuring US$275 million upfront and as much as US$110 million in deferred and copper-linked payments. The proposed sale would give Capstone fresh balance-sheet capacity while preserving indirect exposure to the asset through Luca shares.

Accelerate Resources will issue 55 million shares to secure 100% ownership of its 432 square kilometre Woodie Woodie North manganese project, while removing up to $2 million in future milestone payments and other vendor rights. The restructuring is due to complete before 2 October 2026, ahead of planned drilling at the Gingarrigan prospect.

Breakthrough Minerals has shifted its centre of gravity to a 952-square-kilometre Queensland copper-gold portfolio, backed by an 18.8Mt JORC resource and early drilling success. The annual report also highlights the constraint: a A$5.69 million loss, ongoing cash burn and material uncertainty over future funding.

Peako has completed its 100% acquisition of six Saudi Arabian gold projects covering 862 square kilometres, clearing the way for maiden drilling from October. Recent fieldwork has identified extensive high-grade vein systems, but the reported grades remain exploration indicators rather than a mineral resource.

Connected Minerals has made Angola’s Bailundo niobium and rare earths project its flagship after writing off A$3.40 million in Namibian and Western Australian exploration assets. The pivot is now backed by a completed A$4.5 million placement and a planned 6,000-metre drilling campaign, but Bailundo remains an exploration-stage project without a declared resource.