Latest South Australia News

Core Energy Minerals (ASX:CR3) has confirmed significant rare earth oxides with a high magnetic component in early sampling at its Campo Largo project, setting the stage for systematic drilling this quarter.

Stelar Metals has entered a binding earn-in agreement to acquire 100% of the Hill of Leaders Tungsten Project in the Northern Territory, aiming to leverage surging tungsten prices and its NT development expertise with a planned drilling campaign.

Auravelle Metals is gearing up for a new Reverse Circulation drilling campaign at its Nuckulla Hill Gold Project, targeting extensions of high-grade mineralisation at Sheoak and early-stage targets at Sheoak East. The program builds on promising results and refined geological insights from recent aeromagnetic surveys.

Centuria Industrial REIT has executed $188 million in divestments at an average 17% premium to book value, trimming gearing by about 3%. The REIT also completed a key development in Direk, SA, and reaffirmed its FY26 earnings and distribution guidance.

SHAPE Australia forecasts FY26 revenue up nearly 23% and NPAT soaring 47%, driven by sector diversification and modular expansion.

Taiton Resources has finished drilling a single 810m diamond hole at its Yogi prospect within the Highway Project, South Australia, with assay results due in June.

McLaren Minerals reminds shareholders of the closing date for its discounted Share Purchase Plan, offering up to $30,000 in shares at $0.016 each. The capital raise supports ongoing development of its titanium and zircon projects in Australia.

Pacgold has confirmed new shallow gold mineralisation at its Vertigo deposit within the White Dam Project, suggesting a potential increase to its Mineral Resource Estimate. Infill drilling results support upgrading resource confidence, with further drilling planned to refine the resource and support mine planning.

Prominence Energy has validated the presence of helium, natural hydrogen, and methane in its PEL 803 licence through initial soil gas surveys, marking a key step toward drill-ready targets.

BWP Property Group has announced a fully underwritten $228 million entitlement offer to finance a $163 million development pipeline, primarily focused on large format retail assets, reaffirming its FY26 distribution guidance.

PTR Minerals has received the final batch of assay results from its Rosewood East drilling, revealing consistent, shallow, and high-grade heavy mineralisation. The company remains on track to deliver its maiden Mineral Resource Estimate in Q2 2026.

Aurizon reports volume growth across coal, bulk, and container freight for ten months to April, maintaining FY2026 EBITDA and dividend guidance amid a temporary $10 million fuel cost timing hit.