Latest Renewables News

Wiluna Mining has repaid its remaining approximately $40 million Byrnecut loan from IPO proceeds, leaving the gold developer with no secured debt or borrowings. The company now plans 220,000 metres of drilling over two years to support potential underground and open pit restarts.

Kincora Copper has paid A$100,000 for a nine-month option over six exploration licences covering 1,147km² across New South Wales and Victoria. The package includes Boree Creek, where a historical drill hole returned a 48-metre copper-gold interval that Kincora plans to test with diamond drilling.

NEXTDC will search for a new chairman and independent director after acknowledging investor disappointment over the M3 Melbourne power delay and revised FY27 guidance. The company has also withdrawn proposed increases to director fees and the CEO’s FY27 incentive package.

Vanadium Resources has begun a preparation phase aimed at securing development finance and shortening the route to a definitive feasibility study and final investment decision for its proposed South African V-Iron plant. The plan is constructive, but funding remains unapproved and the project still faces significant technical, permitting, offtake and equity hurdles.

Greatland Resources has formally started construction at Havieron after a strong opening quarter for FY27, producing 70,131 ounces of gold at an AISC of A$2,925 per ounce. The company ended September with A$1.314 billion in cash and no drawn debt while maintaining full-year production guidance.

Immutep’s FY2026 filing puts the full cost of the failed TACTI-004 Phase III trial on display: a larger loss, an impaired efti asset and a manufacturing investigation that remains unresolved. The company has A$68.9 million in cash and term deposits, which it forecasts will fund operations into the first half of calendar 2028 under current plans.

Key Petroleum recorded no exploration, development or production activity in the September quarter as eight Queensland applications remained undecided. A A$247,053 placement lifted cash to A$329,410, but the company’s own funding estimate points to a limited runway on current outflows.

Premier Investments’ FY26 profit from continuing operations fell 10.3% as Smiggle sales weakened, while Peter Alexander delivered another record year. The retailer is entering FY27 with cleaner inventory, a stronger dividend and a costly UK retreat still to absorb.

International Graphite has moved its Collie graphite processing project closer to commissioning, with the production building about 30% complete and new finance and feedstock arrangements in place. Cash stood at approximately A$3.4 million at quarter-end, while the company continued developing its planned Italian joint venture.

C29 Metals ended September with $219,000 in cash and estimated funding for just 0.59 quarters, while its proposed $2.4 million placement remains subject to shareholder approval. The explorer reported no on-site exploration during the quarter, as it moved to cut costs and rationalise its portfolio.

Star Combo Pharma has completed a manufacturing expansion that doubles production capacity, but FY2026 revenue fell 15% and profit before tax dropped to $528,472. The company remains cash-backed and dividend-paying, while its next test is converting spare capacity into stronger OEM and Own Brands growth.

Reedy Lagoon has issued 1.44 billion shares at $0.00125 each, completing the shareholder-approved placement and injecting approximately $1.8 million before costs. The Section 708A notice clears the shares for trading without further disclosure, but the filing leaves the enlarged capital structure and use of funds unstated.