Latest Weather Disruption News

NuEnergy Gas Limited has locked in a fully funded US$88 million contract with PT Beijing Energy Linking to develop its Tanjung Enim POD 1 project in Indonesia, targeting first gas sales in early 2027 under an Early Gas Sales Initiative.

EQ Resources delivered a breakout quarter with A$79 million revenue and A$22.5 million operating cash flow, driven by a 176% production surge at Mt Carbine and soaring tungsten prices. The company greenlit a major expansion to double crushing capacity, targeting commissioning in Q3 FY2027.

Whitehaven Coal delivered a robust finish to FY26, hitting top-end guidance for production and sales while improving safety and reducing costs.

Stanmore Resources bounced back from early-year weather disruptions with a 27% jump in ROM coal production in Q2 2026 and secured a refinancing deal that lowers debt costs and extends maturities, positioning the company for a robust second half.

Beach Energy delivered a solid FY26 with 19.4 MMboe production, a record 18 months without injuries, and a key Otway Basin asset sale freeing $500 million capital.

South32 has outperformed its FY26 production guidance, boosted quarterly sales by 15%, and announced a strategic sale of aluminium assets to Alcoa for up to US$5.6 billion, pivoting towards a base metals-focused portfolio.

BCI Minerals has reached 85% construction completion at its Mardie Salt Operation and Potash Project, with salt crystallisation commenced and 49,000 tonnes produced. The project remains fully funded and on budget, progressing towards first salt shipment in early 2027, weather permitting.

AIC Mines reported steady progress on its Eloise processing plant expansion and commenced ore processing at Jericho, while elevated diesel prices and unseasonal rain pushed costs above guidance in the June quarter.

Ora Banda Mining delivered a record 39,552 ounces of gold in the June quarter, meeting full-year guidance with 141,000 ounces produced. The company generated strong operating cash flow and unveiled a transformational growth plan targeting 300koz annual production by FY29.

Evolution Mining has delivered on its FY26 guidance with record cash flows and a fully unhedged portfolio, while setting a stable operational outlook for FY27 amid inflationary pressures.

Experience Co has agreed to merge its Australian and New Zealand skydive and aviation businesses with Inflite Group under a new NZ holding company, receiving $41 million cash and retaining a 32.5% stake.

Big River Industries expects FY26 EBITDA growth around 8% despite Q4 revenue softness and forecasts double-digit growth for FY27, while initiating a strategic options review.