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Edge11 Sep 2026
Texas Pacific Land Corporation: Keeper of the Permian Basin
Land once granted to a failed 19th-century railroad now generates royalties for Texas Pacific Land Corporation across the Permian Basin.
Carnaby Resources
Carnaby Resources (CNB) investor relations material
Carnaby Resources H2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H2 2026 earnings summary3 Sep, 2026
Executive summary
Advanced the Greater Duchess Copper Gold Project, completing key acquisitions and consolidating 100% ownership of core assets.
Released a Pre-Feasibility Study (PFS) outlining a 12-year mine life, strong financial metrics, and a maiden Probable Ore Reserve.
Significant exploration success at Trekelano and Mount Hope, including new high-grade discoveries and resource extensions.
Entered into a binding agreement post-year-end for acquisition by Evolution Mining Limited, offering shareholders a substantial premium.
Financial highlights
Net loss after tax for FY26 was $9.53 million, compared to a $7.39 million loss in FY25.
Net assets increased to $44.3 million from $36.3 million year-over-year.
Cash and financial assets at year-end totaled $10.76 million, down from $15.81 million in FY25.
No dividends declared or paid during the year.
Outlook and guidance
Ongoing exploration and development to continue under the budget agreed with Evolution Mining.
Feasibility Study finalization deferred pending completion of the Evolution transaction, with critical workstreams maintained.
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Latest events from Carnaby Resources
- Evolution Mining acquisition delivers premium and liquidity, with strong copper-gold exploration results.CNB
Q4 2026 TU - Greater Duchess Project PFS shows strong economics and rapid payback, with production targeted for 2026.CNBQ3 2026 TU
- Maiden resource, robust scoping study, and new copper discoveries drive project momentum.CNBH2 2024
- Resource base grew 27% with Trekelano acquisition; net loss narrowed and cash position strengthened.CNBH2 2025
- Net loss of $4.55M, net assets up to $49.1M, and major project acquisitions and funding completed.CNBH1 2026
- Greater Duchess resource grows 10%, cash boosted to $16M, PFS and first ore on track for 2026.CNBQ2 2026 TU
- Project consolidation, strong cash, and high-grade results drive PFS progress for 2026.CNBQ1 2026 TU
- Trekelano boosts resources and accelerates production, with first copper targeted mid-2025.CNBDiggers & Dealers Mining Forum 2025
- Robust cash position and high-grade drilling results underpin ongoing project advancement.CNBQ4 2025 TU
Carnaby Resources
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