Latest Water Resources News

Rivco Australia has reported a remarkable 135% increase in net profit for the year ended 31 December 2025, alongside fully franked dividends and a solid net asset value per share.

Pilot Energy is advancing Australia’s first Direct Air Capture demonstration facility at its Cliff Head site, aiming to start operations by mid-2026 and pave the way for a large-scale carbon removal plant.

Anax Metals has released an updated Definitive Feasibility Study for its Whim Creek Copper Project, confirming robust economics with a pre-tax NPV of A$501 million and an IRR of 98%, underpinned by a 10-year mine life and rapid payback.

Horizon Minerals unveils robust scoping study results for its Black Swan Project in WA, outlining a low-capital, high-return gold development targeting 102,000 ounces annually. The company launches a $175 million placement to fund construction and advance operations toward mid-2027 commissioning.

Vysarn Limited and the Kariyarra Aboriginal Corporation have advanced their Kariyarra Water Scheme with a key groundwater licence application and a bid to supply bulk water to Port Hedland.

Redcastle Resources has confirmed a broad, low-grade gold mineralised system at Morgan’s Castle East, with potential for higher-grade zones. Meanwhile, drilling at Sligo identified a promising aquifer that could support future mining operations.

Alma Metals has reported its most extensive and highest-grade copper intersections to date from the Briggs Copper JV Project, prompting a swift move to prefeasibility studies. The company also strengthened its balance sheet with a $2.1 million capital raise.

Top End Energy advances its Serpentine hydrogen project and Beetaloo gas exploration while pivoting to power land development for the booming US AI data center sector.

Ardea Resources has made disciplined progress on its Kalgoorlie Nickel Project’s Definitive Feasibility Study, supported by renewed Major Project Status and full funding from a Japanese consortium. Completion is on track for mid-2026 amid robust resource updates and strategic partnerships.

WA1 Resources reports exceptional assay results from the Luni Niobium Project alongside significant pre-development progress and government recognition as a Major Project.

Rivco Australia Limited has completed its internalisation, reporting a modest decline in net asset value alongside rising water spot prices and a strong dividend yield, signaling evolving dynamics in the water entitlements market.

Mercury NZ Limited reported a robust quarter with high hydro inflows driving down electricity prices and the commissioning of a new geothermal unit set to enhance generation capacity.