Latest Project Delays News

Fitzroy River Corporation reported steady royalty income for the March 2025 quarter despite operational suspensions at Buru and ongoing geopolitical risks impacting commodity markets. Key project updates include Bowdens Silver’s development application progress and Federation Mining’s Snowy River feasibility study.

Black Rock Mining Limited has launched a prospectus offering over 108 million unquoted options to participants of a recent $5 million placement, aiming to support the development of its Mahenge Graphite Project in Tanzania.

Red Sky Energy reports steady cash flow from Innamincka’s Yarrow 3 well, progresses a key farmin deal at Killanoola, and unveils maiden resource estimates offshore Angola, despite some project delays.

Mineral Commodities Ltd updates investors on the postponed completion of its Skaland Graphite Project sale due to the buyer's funding constraints, with new non-refundable payments and operational support commitments outlined.

Ava Risk Group reports a 5% revenue increase and a positive EBITDA turnaround in FY25, underpinned by its advanced security technologies. The company eyes over $88 million in FY26 sales opportunities despite some project delays.

Ashley Services Group reports a slight dip in FY25 EBITDA amid Victorian project delays and funding cuts, opting to suspend dividends to focus on debt reduction and future growth.

Mineral Commodities Ltd updates investors on the delayed sale of its Skaland Graphite Project, with Norge Mineraler making significant non-refundable payments and committing to complete the transaction by the end of July.

Marvel Gold Limited has extended the completion date for the sale of its Mali gold projects to August 2025 due to ongoing regulatory delays, signaling cautious navigation of complex local approvals.

Rimfire Pacific Mining has lost a key arbitration case against Golden Plains Resources and remains in a trading halt as it assesses the fallout. The company may seek a voluntary suspension to fully understand the implications and comply with ASX rules.

Andromeda Metals has launched a $5 million capital raising via a Placement, accompanied by Placement and Broker Options, to advance its flagship Great White Project and High Purity Alumina development.

Ronin Resources Limited updates ASX on delayed exploration activities and relinquished projects, citing socio-political challenges and market conditions. The company anticipates key licence grants by August 2025 and confirms compliance with listing rules while seeking new opportunities.

Fletcher Building and its joint venture partner have resolved a longstanding dispute with NZTA over COVID-19 and weather-related delays on the Puhoi to Warkworth motorway, resulting in a $16.4 million EBIT loss in FY25 but securing $56 million in cash proceeds.