Latest Capital Expenditure News

QPM Energy has launched its Isaac Energy Hub and completed a major overhaul of the Townsville Power Station, setting the stage for a final investment decision on its Isaac Power Station by year-end.

Carnaby Resources reports promising assay results from its Trekelano drilling program and maintains a robust cash balance as it advances the Greater Duchess Copper Gold Project towards a Q3 2025 Pre-Feasibility Study completion.

Vital Metals’ latest Scoping Study for its Tardiff deposit in Canada reveals strong economic potential, underpinning an 11-year mine life with significant rare earth and niobium production. The company plans to advance to a Prefeasibility Study by the end of 2026, aiming to optimize recoveries and expand resources.

Capricorn Metals reported a strong June quarter with Karlawinda gold production meeting FY25 guidance and announced it is now debt free and unhedged. Development at Mt Gibson and Karlawinda Expansion projects progresses, supported by record cash flow.

Far East Gold has advanced drilling at its Bermol prospect in Indonesia, confirming key geological structures and preparing for expanded resource definition. The company also progresses copper-gold targets in Indonesia and maintains strong cash reserves to support ongoing exploration.

Champion Iron Limited reported Q1 FY2026 results showing steady revenues and net income, alongside a major US$500 million bond issuance to refinance debt and a new partnership agreement for the Kami Project.

Champion Iron Limited reported record quarterly iron ore concentrate sales of 3.8 million dmt and $390 million in revenue, while progressing its DRPF and Kami projects on schedule. The company also enhanced financial flexibility through a $500 million Senior Unsecured Notes refinancing.

IGO Limited reported a robust operational quarter with improved safety and solid production at Greenbushes and Nova, offset by challenges at its Kwinana lithium refinery and an expected asset impairment.

IGO Limited reported robust operational performance in Q4 FY25 with improved safety and higher production at Greenbushes and Nova, while facing significant impairment at its Kwinana lithium refinery.

Chalice Mining reports robust cash reserves and steady progress on the Gonneville Project pre-feasibility study, while exploration in Western Australia uncovers promising new gold-copper anomalies.

Mineral Resources Limited has met its FY25 production and cost guidance across all segments, boosted by a cashflow-positive Onslow Iron joint venture and record low costs at Wodgina. The company also strengthened its board and initiated a governance review.

West African Resources Limited reported a robust quarter with strong operating cash inflows and significant investment in exploration, ending June 2025 with A$279 million in cash. The company’s strategic financing and spending patterns highlight its commitment to growth in West Africa’s gold sector.