Latest Resources And Energy News

Vintage Energy secures a $551,500 equity commitment from PURE Resources Fund, propelling its Production Uplift Program aimed at significantly increasing gas output from the Cooper Basin.

Top End Energy has completed its strategic acquisition of Serpentine Energy, significantly expanding its natural hydrogen footprint in Kansas and advancing towards its first well drilling, while also progressing exploration in Australia’s Northern Territory.

Southern Palladium’s March quarter report highlights strong project economics from its Bengwenyama PGM project, with a $1.06 billion NPV and a mining right decision expected in Q2 2025. The company is progressing a Definitive Feasibility Study and project optimisation to accelerate production.

St Barbara’s Simberi Gold has formally objected to Papua New Guinea’s tax authority over a disputed PGK456 million assessment, highlighting significant errors and seeking urgent resolution.

Monadelphous Group Ltd reported a robust first half of FY2025 with revenue climbing 4.2% to $1.051 billion and net profit after tax surging 41.3%, underpinned by a strong contract pipeline and operational improvements.

Monadelphous delivered a robust first half in 2025, posting a 4.2% revenue increase to $1.051 billion and a 41.3% jump in net profit after tax, underpinned by strong contract wins and operational momentum.

Vanadium Resources Limited (VR8) reports ongoing strategic equity and offtake discussions with tier-1 partners for its Steelpoortdrift Vanadium Project, alongside cost reduction measures and progress on environmental approvals.

Southern Palladium has upgraded its Bengwenyama PGM project resource to 40.25 million ounces and delivered a positive prefeasibility study with a post-tax NPV of USD 1.059 billion, marking a pivotal step from exploration to development.

Karoon Energy delivered a record full-year sales revenue of US$776.5 million in 2024 despite a slight production dip in the final quarter. The company’s revised resource estimates and plans to acquire the Baúna FPSO signal a pivotal phase for its growth trajectory.

Riversgold Limited reports compelling high-grade assay results from its Saint John Project in New Brunswick, Canada, confirming significant multi-metal mineralisation and securing drilling approval for 2025.

Energy Metals Limited reports robust assay results from its Bigrlyi Joint Venture and strategic progress across its Northern Territory projects, supported by a solid cash position and a favorable uranium market outlook.

Key Petroleum Limited progresses Potential Commercial Area applications for ATPs 920 and 924 in Queensland’s Cooper Eromanga Basin, supported by a recent capital raise despite a constrained cash balance.