Latest Weather Disruption News

Buru Energy has launched a prospectus offering over 207 million new options free-attaching to a recent $5.3 million placement, aiming to back the commercialisation of its Rafael Gas Project and bolster working capital.

Seeka anticipates a drop in net profit for 2026 following a return to typical kiwifruit yields in New Zealand and a weather-hit harvest in Australia. Automation efficiencies are helping to offset rising costs.

Experience Co posted a slight decline in Q3 FY26 revenue and underlying EBITDA, weighed down by adverse weather, industrial action, and inflationary pressures, while advancing cost reductions and strategic reviews.

Meeka Metals is transitioning to underground mining at its Murchison Gold Project, with capital investment tapering and exploration drilling underway to support resource growth and production expansion.

Gibb River Diamonds has released the results of its initial aircore drilling program at the Edjudina Gold Project, revealing gold mineralisation of lower than expected grades but confirming key target geology. Inclement weather cut the program short, prompting a follow-up Phase 2 drilling campaign.

James Hardie Industries saw a 25% sales increase in FY26 driven by the AZEK acquisition but reported a 75% net income decline amid acquisition costs and margin pressures. The company expects synergy gains and adjusted EBITDA growth in FY27.

New Hope Corporation lifted quarterly coal production and sales, cut sustaining capital guidance, and issued $300 million in convertible notes to extend debt maturity to 2032.

Aurizon reports volume growth across coal, bulk, and container freight for ten months to April, maintaining FY2026 EBITDA and dividend guidance amid a temporary $10 million fuel cost timing hit.

Critical Resources Limited (ASX:CRR) has initiated a pro-rata entitlement offer of Loyalty Options priced at $0.001 each, aiming to raise $319,410 and potentially $2.56 million upon exercise. The offer underscores significant dilution and operational risks amid ongoing exploration and legal challenges.

Experience Co has finalised the sale of its Wild Bush Luxury portfolio for $5.1 million, using the proceeds to reduce corporate debt as it sharpens its focus on scalable adventure tourism.

Boss Energy has trimmed its FY26 uranium production guidance due to severe weather disruptions at its Honeymoon project, while advancing a new feasibility study targeting cost reductions with wide-spaced wellfields.

QPM Energy has secured critical approvals and financing milestones for its 112MW Isaac Power Station, alongside a significant upgrade to its Moranbah Gas Project reserves, positioning it as a key energy supplier in Queensland.