Latest South Australia News

Magnetite Mines Limited has announced a pro rata renounceable rights issue to raise up to $2.65 million, aiming to advance its flagship Razorback iron ore project in South Australia. The offer includes free attaching options and is partially underwritten, reflecting the company’s strategic push towards securing funding and completing key project milestones.

Centuria Office REIT reported steady FY25 results, maintaining high occupancy and rental growth, alongside a notable $18 million uplift in portfolio valuation. The REIT’s FY26 guidance signals continued stability amid constrained office supply and proactive capital management.

EMVision Medical Devices has been awarded a $3 million non-dilutive government grant to conduct a pioneering clinical study using its telehealth-enabled emu™ brain scanner in regional South Australia, aiming to transform stroke diagnosis and treatment.

Sipa Resources is set to begin a significant aircore drilling campaign at its Tunkillia North and Nuckulla Hill gold projects, following promising recent reverse circulation drilling results. The program aims to test both historical and new structural targets, potentially expanding the company's exploration pipeline.

Altitude Minerals has completed a $500,000 capital raise to fund targeted drilling and exploration of heavy mineral sands in South Australia and New South Wales, advancing its Eromanga Basin project.

Narryer Metals has formalised a joint venture with Petratherm Limited after the latter met its earn-in commitments, aiming to accelerate exploration at the promising Muckanippie Project in South Australia.

Thor Energy has completed the sale of a 75% stake in its US uranium and vanadium projects to Metals One PLC, receiving £1 million in shares and a cash exclusivity payment. This deal allows Thor to focus on its hydrogen and helium ambitions while Metals One takes operational control.

Altitude Minerals has identified significant concentrations of zircon and titanium minerals in new samples from its EL7071 tenement in South Australia's Eromanga Basin, setting the stage for a planned drilling campaign in September 2025.

AGL Energy’s FY25 results show a strategic pivot with $900 million invested in battery projects despite a 9% EBITDA decline, setting the stage for a flexible energy future.

AGL Energy reported a statutory loss for FY25 but maintained solid underlying profits, while setting ambitious growth and sustainability targets for FY26. The company’s evolving strategy highlights investments in battery storage and renewable capacity as it adapts to market challenges.

Whitebark Energy has secured independent confirmation of substantial hydrogen and helium prospective resources at its Rickerscote Prospect in South Australia's Officer Basin, highlighting a promising new frontier for clean energy minerals.

Taiton Resources reports its highest gold soil assay to date at Challenger West and confirms promising IOCG and rare earth element signatures at the Highway project, setting the stage for imminent drilling campaigns.