Latest Strategic Shift News

PhosCo Ltd reports a significant 50.5m phosphate intersection at its KM prospect in Tunisia, reinforcing strong project economics and prompting a potential acceleration of production schedules.

Bass Oil reported steady quarterly oil production with a 20% increase in Indonesian output following a production enhancement program. The company is poised to enter the East Coast Gas Market pending regulatory approval for the Vanessa gas field acquisition.

Accelerate Resources has secured a major earn-in agreement for the Balagundi Gold Project near Kalgoorlie and reported promising maiden drilling results at Kanowna East, while strategically divesting its Comet Gold Project stake.

Liontown Resources reported a robust September quarter, doubling underground ore output and strengthening its balance sheet to $420 million. The company’s FY26 guidance confirms a strategic shift to underground mining with anticipated cost improvements.

Winsome Resources has completed a focused drilling campaign at its Adina Lithium Project and revealed new high-grade cesium-lithium mineralised zones at Sirmac-Clapier, while strengthening its stake in Power Metals Corp.

Peel Mining has secured $21.25 million through a placement and share purchase plan, while appointing a new leadership team to drive a strategic pivot focused on unlocking value from its copper and polymetallic assets in the Cobar Basin.

Sunshine Metals reports significant progress in North Queensland with standout gold intersections at Sybil and a $5 million placement led by Lion Selection. Board reshuffle aligns leadership with growth strategy.

Tarrina Resources is set to acquire promising exploration assets in NSW and SA, backed by a $5 million capital raise. The move aims to reposition the company within the mining sector and secure its ASX listing.

Neometals reports promising gold exploration results at Barrambie and advances lithium and vanadium projects with major partners, while completing a key business sale.

Pearl Gull Iron Limited has entered a binding agreement to sell its Cockatoo Island Project for A$4.5 million in cash, a 4% equity interest in Crestlink Pty Ltd, and royalties on extracted materials, with completion expected in Q4 2025.

Corella Resources reports a cautious quarter with a $424,000 cash balance as it reassesses exploration plans at its Tampu Project and considers new ventures to boost shareholder value.

Pureprofile Limited has reported record Q1 FY26 revenue and EBITDA growth, with international markets overtaking its traditional ANZ base for the first time. The company’s AI-driven platform innovations and global expansion strategy are driving this milestone.