Latest Capital Expenditure News

Beach Energy reported an 8% increase in production to 5.0 million barrels of oil equivalent in Q1 FY26, driven by strong performance in the Otway Basin and Cooper Basin flood recovery. Sales revenue rose 18% to $537 million, supported by two LNG cargoes from the Waitsia Gas Plant, which is now approaching its Ready For Start Up milestone.

Rimfire Pacific Mining has announced a maiden Inferred Mineral Resource Estimate for its Currajong scandium prospect, boosting its total scandium inventory by 61% to 5,449 tonnes. The resource remains open for expansion, with further drilling planned at Murga and Rabbit Trap projects.

Euro Manganese is pushing forward an optimization program for its Chvaletice Manganese Project to enhance operational efficiency and reduce costs, aligning with surging global demand for high-purity manganese critical to electric vehicle batteries and energy storage.

Cyprium Metals has completed the second tranche of its placement, raising approximately A$80 million to fund key projects and reinforce its financial position.

Iluka Resources reported steady Q3 production but announced suspension of synthetic rutile and Cataby mine operations from December 2025, aiming for significant cost savings. Meanwhile, rare earths refinery construction accelerates amid tightening Chinese export controls.

Santos Limited reported robust Q3 2025 results, highlighted by the Barossa LNG project commencing production and Pikka phase 1 nearing first oil. The company’s diversified portfolio and operational discipline underpin a confident outlook despite some operational delays.

Pilot Energy teams up with Kala Data to launch a modular data centre powered by surplus gas-fired energy, aiming for early cash flow and ambitious expansion plans.

Alchemy Resources has entered a binding option agreement with Newcam Minerals, unlocking significant funding and operational expertise for its Bryah Iron Ore projects in Western Australia.

AIC Mines reports robust production and cash flow from Eloise, advances Jericho development with promising drilling, and kicks off a major processing plant expansion.

Alkane Resources has released its FY25 Mineral Resources and Ore Reserves update, highlighting a robust asset base across Australia and Sweden and reinforcing its growth trajectory with ongoing capital investments.

Matsa Resources has officially commenced gold production at its Devon Pit Gold Mine, marking a pivotal step in its Lake Carey Gold Project. The company also advances its AngloGold Option Agreement and outlines ambitious exploration and development plans.

Evolution Mining delivered a record $366 million net mine cash flow in the September quarter, advancing key projects and reducing gearing to 11%, positioning itself strongly for FY26.