Latest Construction News

WA Kaolin Ltd has launched a fully underwritten A$7 million entitlement offer to fund a critical ramp-up in production following successful operational upgrades. With strong forward orders and supportive major shareholders, the company aims to achieve positive cash flow and expand its market footprint.

Brookside Energy has initiated drilling preparations for the Bruins Well in the prolific SWISH Play, aiming to boost production and increase its working interest to around 70%. This marks the first of three wells planned in its 2025 program, with strong production forecasts underpinning growth ambitions.

Beach Energy has reported a robust first half of FY25, marked by a 37% increase in underlying earnings and significant progress on key projects including the Waitsia Gas Plant commissioning and Moomba CCS. The company’s strong operational performance supports a 50% increase in its interim dividend.

West African Resources reports robust results from its maiden grade control drilling at the Kiaka Gold Project, confirming extensive mineralisation and setting the stage for mining to commence in early 2025.

Centuria Office REIT (ASX:COF) reported solid HY25 results with a $1.9 billion portfolio and 92.2% occupancy, underpinned by active leasing and refinancing initiatives. Despite a dip in revenue and distributions, the REIT maintains its FY25 guidance, reflecting confidence in office market recovery and strategic asset management.

Green Technology Metals (GT1) is progressing its lithium conversion facility in Ontario, with pilot testing underway and a pre-feasibility study due in April 2025. The project aims to establish Ontario's first vertically integrated lithium concentrates and chemicals business, leveraging a strategic partnership with EcoPro.

Delorean Corporation has marked a pivotal quarter with the Financial Investment Decision for its SA1 Bioenergy Project and steady progress on the Yarra Valley Water facility, underpinning its transition to infrastructure ownership in Australia's bioenergy sector.

Viridis Mining and Minerals has raised A$3.5 million through a placement to fund critical development milestones for its Colossus Rare Earth Element project, following a major resource upgrade.

Vulcan Energy has begun mobilising its advanced V20 drilling rig to the Schleidberg site in Germany, marking a key milestone in its Phase One Lionheart Project to produce sustainable lithium for electric vehicle batteries.

Santana Minerals has reported promising diamond drilling results at its Rise and Shine deposit in New Zealand, revealing minor pit extensions and high-grade intercepts that could refine mine planning and resource estimates.

Canyon Resources has gained government approval for its Inland Rail Facility location in Cameroon, advancing the Minim Martap Bauxite Project with new land allocation and infrastructure plans.

Maas Group Holdings has announced a fresh on-market share buyback of up to 10% of its issued capital, signaling strong confidence in its financial health and future prospects.