Latest Western Australia News

Strike Energy has secured independent certification of substantial gas resources at its Ocean Hill project, including a newly identified large prospect, setting the stage for drilling in late 2026.

Black Canyon Limited reports some of its thickest and highest-grade manganese and iron assay results to date from the Wandanya Project, confirming significant shallow mineralisation over a 2km strike. Phase 3 drilling is underway to expand this promising discovery.

Duratec Limited reported record FY25 results with revenue of $573 million and a robust $4.16 billion project pipeline, driven by strong Energy and Emerging sectors growth. Despite Defence sector delays, the company is well positioned for expansion in FY26.

Duratec Limited reported a steady 3.1% revenue increase for FY25 alongside strategic acquisitions that broaden its service offerings. The company also declared a fully franked final dividend, signaling confidence in its growth trajectory.

Matrix Composites & Engineering reported a 12% revenue decline in FY25 due to subdued drilling activity but achieved record SURF segment growth and secured a strong order book for FY26.

Matrix Composites & Engineering Ltd posted a 12.1% revenue decline to $74.77 million for FY25, reporting a net loss of $2.2 million as subdued drilling buoyancy markets weighed on results despite strong growth in subsea buoyancy products.

Solara Minerals has identified promising gold targets at its Wilgeena Project in Western Australia, situated near established gold mines. The company plans to initiate exploration activities following a review of historical data revealing multiple untested gold and copper anomalies.

Solstice Minerals has confirmed significant high-grade primary gold mineralisation beneath oxide zones at its Edjudina Range discovery in Western Australia, reinforcing the potential of its Yarri Project and setting the stage for expanded drilling.

Fleetwood Limited delivered a robust FY25 performance with significant earnings growth and a strong dividend increase, while outlining a confident outlook for FY26 despite challenges in its RV Solutions segment.

Horizon Minerals is progressing its Pre-Feasibility Study to convert the Black Swan plant to gold production, aiming for a 1.5Mtpa throughput and a Financial Investment Decision by early 2026.

Connected Minerals has updated its quarterly reports for 2025 to provide detailed disclosures on the use of funds and exploration activities, addressing ASX compliance and shedding light on project developments in Namibia and Western Australia.

Eneco Refresh Limited has reversed its fortunes with a modest profit in FY25, driven by steady revenue growth and operational improvements across key regions and business units.