Apps

Photo: U.S. Energy Information Administration / Wikimedia Commons (Public domain)

Neds Creek Maiden Drill Targets Ricci Lee

BOA Resources is preparing its maiden Neds Creek drill program in Western Australia, with a 7,500-metre, 53-hole RC campaign beginning in early August 2026, focused on the Ricci Lee priority target after completing heritage surveys, securing drill contracts, and obtaining permits. The project now includes the Thaduna and Green Dragon deposits, collectively hosting about 5.3 million tonnes of ore at 2.3% copper, supporting BOA’s strategy to expand its copper inventory to a meaningful economic scale.

5 sources

Photo: Marek Ślusarczyk (Tupungato) Photo gallery / Wikimedia Commons (CC BY 2.5)

ADX Energy raises A$3.58m for European operations

ADX Energy Ltd has secured a A$3.58 million placement, issuing 179.2 million new ordinary shares at A$0.02 with free attaching options exercisable at A$0.03 (expiring 31 December 2027) to fund HOCH-1 shallow gas testing and broader exploration and production activities across Austria and the Sicily Channel. The deal also contemplates additional options and potential dilution, reflecting ongoing investor appetite for European gas plays while outlining near-term catalysts such as farm-in activity and continued resource development.

6 sources

Photo: Ingolfson / Wikimedia Commons (Public domain)

Mercury NZ Lifts Q4 Margin 33%

Mercury NZ posted a 33% year-on-year jump in Q4 trading margin to NZ$390 million, supported by generation of 2,344 GWh as renewable output rose. The company advanced its renewable pipeline with all Kaiwera Downs Stage 2 turbines installed, Kaiwaikawe start of generation, fast-track consent for Puke Kapo Hau, a $75 million appraisal drilling commitment, and the launch of Flex Rates for customers.

6 sources

Photo: Marek Ślusarczyk (Tupungato) Photo gallery / Wikimedia Commons (CC BY 2.5)

SkyCity Plans Sale Of Grand Hotel

SkyCity Entertainment Group has entered a non-binding heads of agreement to sell The Grand Hotel, with completion contingent on due diligence and approval from the New Zealand Overseas Investment Office, and expects cash proceeds in late 2026 to be used to repay debt as part of its asset monetisation programme. The move comes after SkyCity recently sold four Auckland office buildings for $74.5 million and signals a broader strategy to unlock liquidity and strengthen its balance sheet amid challenging market conditions.

7 sources

Photo: Web Summit / Wikimedia Commons (CC BY 2.0)

Revolut Bank Australia launches after APRA licence

Revolut has officially become a licensed authorised deposit-taking institution in Australia, launching Revolut Bank Australia with plans to invest around AUD 400 million over five years and migrate existing customers onto the new bank. The bank offers instant-access savings with competitive rates, a no-fee credit card, and government-guaranteed deposits while aiming to disrupt the established Big Four banks and broaden Revolut’s Australian product suite.

14 sources

FMR Resources' Los Warbos District-Scale Copper-Gold Project

FMR Resources is pursuing district-scale Los Warbos copper-gold projects, with an option to acquire 100% of the Chilean concession portfolio showing high-grade rock-chip results up to 10.77% copper, 4.01 g/t gold, and >100 g/t silver, and a broader strategy to expand its South American assets. The company is also advancing Argentina-focused acquisitions funded by share-based considerations, signaling a diversified growth plan across Chile and Argentina through multiple agreements and issuances.