Latest Resources And Energy News

Monadelphous Group Limited reported a robust 12% revenue increase to $2.27 billion and a 35% rise in net profit, driven by strong demand across resources and energy sectors and a record $2.5 billion in new contracts.

WestStar Industrial’s subsidiary SIMPEC has landed a significant $11 million contract to expand Tianqi Lithium’s Kwinana hydroxide processing facility, reinforcing its role in Australia’s energy transition.

WIN Metals Ltd has secured a binding agreement to acquire the high-grade Radio Gold Mine in Western Australia, positioning itself for near-term gold production with existing infrastructure and promising resource upside.

Pilot Energy reports significant progress in transitioning the Cliff Head Oil Field to a carbon storage facility, alongside a major upgrade in WA-481P gas and oil prospective resources and a $6.8 million capital raise.

Sunrise Energy Metals has revealed fresh assay results from its latest drilling campaign at the Syerston scandium deposit, confirming expanded zones of high-grade mineralisation. These findings bolster the company’s resource base ahead of an updated feasibility study.

QMines Limited reports promising open pit optimisation results for its newly acquired Mount Mackenzie gold-silver project, reinforcing its strategy to develop a regional processing hub in Queensland.

QMines Limited has completed its acquisition of the Mt Mackenzie Gold and Silver Project, significantly boosting its resource portfolio and positioning itself as a leading copper-gold developer in Central Queensland.

Vulcan Energy has significantly expanded its lithium brine resource at Mannheim by 76% and reported its first geothermal energy resource estimate, marking a major step in its integrated renewable energy and lithium production strategy in Germany’s Upper Rhine Valley.

Lithium Energy Limited has completed a 38km passive seismic survey at its White Plains Lithium Brine Project in Utah, revealing a promising Half Graben Basin structure up to 600 metres deep. This milestone sets the stage for advanced geophysical surveys and targeted drilling to define lithium resources.

Aura Energy announces a strategic collaboration with Neu Horizon Uranium Ltd to advance uranium mining in Sweden, aligning with the Swedish government’s plans to lift its uranium mining ban and bolster nuclear energy production.

Monadelphous Group Limited has landed a suite of new contracts worth approximately $180 million across Western Australia's resources, energy, and infrastructure sectors, reinforcing its strong foothold in the region.

Foresta Group Holdings’ subsidiary partners with New Zealand’s EECA to explore geothermal steam for its flagship biomass facility, aiming to boost sustainability and efficiency.