Latest Project Milestones News

Cazaly Resources will replace managing director Tara French with mining executive Adrian Byass from 8 October, while launching a review of its exploration portfolio. Byass will receive a $325,000 annual salary and may be granted up to 7 million performance rights, subject to approval and conditions.

Manuka Resources has completed the issue of 207.1 million ordinary shares at AUD 0.07 each, adding an implied AUD 14.5 million in gross cash proceeds. The placement lifts quoted shares on issue to nearly 1.8 billion, making dilution the filing's clearest investor consequence.

Bass Oil has returned to profit for the first half of 2026, with EBITDA rising 80% and cash reserves strengthening while the company remains debt-free. The result comes as it moves towards first gas from Vanessa, advances the Kiwi project and prepares to tie in the stronger-than-expected Bunian 6 well.

St Barbara will sell its remaining New Simberi interest and Tabar Islands exploration exposure to Lingbao for A$453 million in cash, while retaining royalties over future production. The deal could leave the gold developer with about A$880 million in cash, but completion still depends on regulatory and potentially shareholder approvals.

Osmond Resources reported a A$7.61 million FY26 loss and warned of a material uncertainty over its ability to continue as a going concern, despite holding A$5.50 million in cash. The company is betting its Spanish Orión project can move from exploration into a resource estimate and scoping study in the coming months.

Jameson Resources is raising up to A$5 million through a discounted entitlement offer to complete environmental approvals and Indigenous partnerships for its Crown Mountain steelmaking coal project.

Minbos Resources edges closer to operational readiness at Cabinda with a US$1.3 million initial drawdown from Banco de Fomento Angola and steel framework shipment underway for Phase 2 construction.

Terramin Australia's subsidiary has expanded its unsecured standby facility with major shareholder Asipac Group, increasing available funds to $5.5 million to support ongoing corporate strategy execution.

Liontown Limited has secured a staged farm-in agreement to acquire up to 100% of the Centenario lithium brine project in Argentina, marking its first foray into brine resources alongside its established Australian hard-rock operations.

GR Engineering Services has landed a $50 million EPC contract to convert the Cosmic Boy Concentrator into a standalone copper and gold processing facility, marking a strategic return to a site it originally built.

Finbar has completed settlement on a prime South Perth development site with an estimated end value of $402 million, adding scale and strategic depth to its $1.95 billion five-year pipeline.

Foresta Group Holdings reports a doubling of its net loss to $6.8 million for FY2026 amid steady progress on its Kawerau biomass facility, highlighted by a long-term lease and key technical studies.