Latest Strategic Development News

Nagambie Resources has opened a discounted Share Purchase Plan aiming to raise $3.7 million to support diamond drilling at its Whroo Mines project and bolster working capital, following a strategic joint venture announcement with Alkane Resources.

BMG Resources has kicked off a significant 10,000-metre drilling campaign at its Abercromby Gold Project in Western Australia, aiming to grow and upgrade its existing 518,000-ounce gold resource. This move supports an upcoming scoping study and advances the project towards near-term production.

Excelsior Capital Limited reported a $2.08 million loss for the half-year ending December 2025 as it moves to wind up operations, yet declared a substantial fully franked interim dividend.

ASF Group Limited has reversed a significant loss to report a half-year profit of $539,708, driven by key disposals and a strengthened balance sheet.

Harvest Technology Group’s half-year report reveals a 50% revenue decline and a widening net loss, offset by a $6 million funding facility and strategic partnerships.

Aurelia Metals Limited reported a robust half-year result for December 2025, with revenue climbing 27% and net profit after tax rising 26%, driven by production ramp-up at the Federation Mine and progress on the Great Cobar Project.

Kelsian Group Limited has reported a robust first half for FY26 with double-digit revenue growth and upgraded EBITDA guidance, alongside a strategic $161 million sale of its Tourism Portfolio.

Red Mountain Mining is making significant strides in its US critical minerals portfolio, reporting strong antimony assay results and gearing up for extensive exploration programs. The company’s projects align closely with US and Australian government initiatives to secure domestic critical metal supplies.

Abacus Group has reported a strong turnaround with a $47.6 million net profit for the half-year to December 2025, maintaining steady funds from operations and declaring a consistent interim distribution. The group is also exploring internalising management of its key joint venture, Abacus Storage King.

Aussie Broadband reported an 8.4% revenue rise to $637.8 million in H1 2026, driven by broadband and mobile growth, but net profit fell 58% due to a $14.8 million goodwill impairment. The company declared a fully franked dividend and announced major acquisitions to boost its customer base.

New Frontier Minerals has identified significant exploration targets across 14 prospects in its NWQ Copper Project, with plans to advance the Big One Deposit towards production.

Mineral Resources Limited reports a dramatic turnaround with a $573 million half-year profit, driven by Onslow Iron’s ramp-up and stronger lithium markets. The company reaffirms FY26 guidance amid strategic joint ventures and balance sheet strengthening.