Latest Water Resources News

Rubicon Water's FY26 results reveal an 11.6% revenue drop to $61.1 million and a net loss widening to $15.7 million, impacted by US federal funding delays and currency headwinds. Despite this, the company secured $28.4 million in second-half contracts and holds a $47 million major project pipeline, underpinning confidence for FY27 growth.

Fortuna Metals has declared a maiden mineral resource at its Mkanda project in Malawi, ranking it among the top six rutile deposits worldwide, while locking in a strategic US investment of A$8.6 million from WNDR to boost market exposure.

Unico Silver has reported continued high-grade drill success at its Joaquin Project, pushing mineralisation beyond existing resources while advancing its Pre-Feasibility Study and securing key land holdings.

Patagonia Lithium advances drilling at its Cilon project, achieving 200 metres depth with promising packer test results showing good aquifer strength and lithium brine characteristics. Environmental assessments confirm no impact, while further pump testing and resource updates are planned.

Wia Gold advances its Kokoseb Gold Project with strong drilling results revealing new underground targets, a $92 million capital raise, and ongoing feasibility study progress.

Meridian Energy's June 2026 report reveals record-high hydro inflows and storage, robust generation growth, and rising retail sales, offset by sharply lower wholesale prices and rising costs.

Meridian Energy's May 2026 report reveals robust hydro storage reaching 125% of historical average by early June, despite a record dry month. Retail sales volumes jumped 7.8% year-on-year, while average generation prices plunged over 60%.

Ariana Resources has sealed a $1 million metallurgical drilling contract with Hongkong Xinhai to push forward its Dokwe Gold Project feasibility study in Zimbabwe, alongside multiple technical programs including geotechnical drilling and water management studies.

Lindian Resources reports steady progress at its Kangankunde Rare Earths Project in Malawi, maintaining schedule for first production in late 2026 with key infrastructure and regulatory milestones achieved.

St George Mining’s latest drilling at the Araxá project in Brazil reveals thick, high-grade rare earth and niobium mineralisation extending beyond existing resource boundaries, reinforcing its status among the world’s leading deposits.

Native Mineral Resources (ASX:NMR) reported solid Q3 FY26 gold production from its Charters Towers assets, highlighted by strong mill performance and record pours at Blackjack. The company also secured exclusive mining rights at Podosky, underpinning its regional growth strategy.

Rivco Australia has locked in a $11.7 million, five-year water lease with Kyndalyn Park, significantly expanding its contracted revenue and leased portfolio to 82% starting July 2026.