Latest South Australia News

Lincoln Minerals has uncovered significant copper and base metals mineralisation in previously overlooked footwall sequences at its Minbrie prospect on South Australia's Eyre Peninsula, prompting a focused two-phase exploration program.

AGL Energy’s half-year results reveal a 15.3% revenue increase to $7.13 billion, but statutory profit plunges 83.2% to $97 million, reflecting margin pressures and significant provisions. The company declares a lower fully franked interim dividend of 23 cents per share.

Charter Hall Social Infrastructure REIT has reported a strong turnaround with a statutory profit of $31 million for the half year ended December 31, 2024, reversing last year's loss. Despite a slight dip in operating earnings and distributions, the REIT maintains a stable financial position amid ongoing economic uncertainties.

Barton Gold has confirmed significant depth extensions at its Tunkillia Project's 223 Deposit, with new drilling intersecting broad mineralisation below the previously modelled pit floor. This discovery supports an expanded resource estimate and ongoing optimisation studies.

Marmota Limited has completed an extensive 91-hole drilling campaign at its Muckanippie project, extending exploration westward based on promising visual heavy mineral feedback. Laboratory assays are expected within weeks, potentially confirming a significant titanium resource expansion.

Terramin Australia has lodged an appeal after the Supreme Court dismissed its mining lease application for the Bird in Hand Gold Project, underscoring the project's significant economic and environmental potential for South Australia.

Australian Rare Earths Limited has launched a significant 2025 drilling campaign at its Overland Uranium Project, targeting promising palaeovalley structures and high-priority zones following encouraging 2024 results. Regulatory approvals for the Sheer Gold Farm-In further expand exploration potential.

Whitebark Energy has identified promising hydrogen and hydrocarbon emission hotspots at King Energy’s Alinya Project in South Australia, following a detailed multispectral remote sensing study. These findings set the stage for targeted in-field testing and exploration drilling planned for later in 2025.

Hotel Property Investments (HPI) reported a resilient H1 FY25 with a $1.26 billion portfolio and upgraded its distribution guidance to 19.7 cents per security, despite significant governance changes amid a takeover bid.

Narryer Metals reports significant high-grade heavy mineral concentrations over an 8km strike at the Muckanippie Titanium Project, highlighting promising potential for a major deposit.

Petratherm Limited's latest drilling at the Rosewood Heavy Mineral Sand Prospect confirms extensive, high-grade titanium mineralisation over at least 15 square kilometres, reinforcing the project's world-class potential.

Barton Gold has completed a 2,230m follow-up drilling campaign at its Tolmer prospect, revealing impressive high-grade gold and silver assays that could reshape the project’s potential.