Latest Resources And Energy News

AEMO forecasts a severe domestic gas shortage in Western Australia from 2028, spotlighting H3 Energy’s Warro gas field as a critical potential solution amid rising prices and technical hurdles.

Resources & Energy Group Limited (REZ) has requested an immediate voluntary suspension of its securities on the ASX as it prepares to announce a capital raising. The suspension is expected to lift by the start of trading on 16 December 2025 or upon the announcement release.

Dreadnought Resources reports an initial inferred resource of 1.17 million tonnes at the Orion deposit within its Tarraji-Yampi project, highlighting significant copper, gold, silver, and cobalt grades in a strategically important region of Western Australia.

Dreadnought Resources has reported impressive high-grade results from recent drilling at its Stinger target, part of the Mangaroon Project in Western Australia, highlighting significant rare earths, niobium, titanium, scandium, and phosphate mineralisation.

Australian Oil Company Limited has secured full control over key Sacramento Basin assets by acquiring Xstate USA Corporation, enhancing its exploration potential amid favorable regulatory shifts in California.

Lithium Energy Limited has launched an extensive infill drilling campaign to merge its adjacent Burke and Mt Dromedary graphite deposits into a single high-grade resource, aiming to strengthen its position amid tightening Chinese export controls on graphite materials.

Bindi Metals has appointed seasoned executive Mark Freeman as CEO, aiming to leverage his extensive resource sector experience to advance its exploration projects across three continents.

Monadelphous has reported a record-breaking year with $2.3 billion in new contracts and a strong financial performance, underpinned by strategic acquisitions and growth in energy transition sectors.

Tasmea Limited reported a stellar FY25 with strong revenue and profit growth, bolstered by strategic acquisitions and a robust dividend payout. The company signals continued momentum with a new acquisition announcement and targets ASX300 inclusion in 2026.

New Hope Corporation reported a 7.1% rise in quarterly saleable coal production and a 15.5% jump in underlying EBITDA, driven by operational improvements and easing logistics. The company declared a fully franked dividend and set a cautiously optimistic FY26 production target amid ongoing challenges.

Elixir Energy advances its dominant position in Queensland’s Taroom Trough with a major drilling campaign set for early 2026, aiming to address looming East Coast gas shortages. The company’s extensive acreage and certified resources position it as a key player in Australia’s energy future.

Sweden’s Parliament has voted to overturn its uranium mining ban, effective January 2026, paving the way for Aura Energy to fully develop its polymetallic Häggån project with uranium extraction now permitted.