Latest Sustainability In It News

TMK Energy has raised $6 million in a heavily oversubscribed placement led by coal seam gas experts, aiming to accelerate drilling and commercialisation at its Gurvantes XXXV project.

Image Resources NL has extended its prepayment facility term to December 2026 and negotiated a six-month repayment holiday to ease cashflow pressures amid a soft mineral sands market.

Alara Resources has announced that its Al Wash-hi Majaza Mine and concentrator in Oman are producing consistently above nameplate capacity, marking a significant operational milestone despite shipment delays.

Boss Energy has released updated Mineral Resource Estimates for its Gould’s Dam and Jason’s Deposit uranium projects, revealing significant increases in contained uranium despite lower average grades. The company is advancing permitting and drilling plans to accelerate development near its Honeymoon Operation in South Australia.

Austin Engineering has renegotiated its Chile OEM contract, ending losses and setting the stage for profitability and operational turnaround in South America.

Hazer Group has inked a non-binding graphite offtake agreement with Green Steel of WA, marking a significant step in supplying low-emission steel production with up to 85,000 tonnes over 10 years.

Brookside Energy has reported a modest increase in its total proved plus probable reserves to 12.52 million barrels of oil equivalent, driven by strong performance from its operated wells in Oklahoma’s SWISH play. The company’s proved developed producing reserves also rose by 5%, underscoring steady operational progress.

OMG Group has appointed Food & Dairy Co as the first official distributor of its new matcha brands, opening access to over 2,000 cafes and restaurants in NSW and Queensland. This move marks a key step in OMG’s strategy to expand its health-focused beverage portfolio.

Auric Mining has reported final production results from its Munda Starter Pit, delivering 8,886 ounces of gold; 46% above budget; and confirming a larger, higher-grade resource than previously estimated.

Turners Automotive Group has raised its net profit guidance for FY26 to $63 million, driven by robust vehicle sales and record finance lending, despite a goodwill write-down in its EC Credit division.

Sheffield Resources has resumed mining and processing at its flagship Thunderbird Mineral Sands Mine following repairs to critical equipment, signalling a return to production at this major Western Australian asset.

DUG Technology has resolved a US$2.1 million legal dispute with a supplier by agreeing to a US$1.5 million settlement, avoiding further court action without admitting liability.