Latest Concrete News

Western Gold Resources has lifted Gold Duke’s Production Target by 62% to 59.7koz of contained gold, strengthening the project’s development case. But the company still needs a processing solution and reports only about 1.56 quarters of funding on current outgoings.

Bougainville Copper remains without production more than 37 years after Panguna operations stopped, while its independent board committee weighs the implications of a rival 25-year mining lease over EL01. Further legal advice and a December committee meeting are now the next key markers.

Orion Minerals has moved Prieska’s Uppers Mine closer to construction after Glencore’s US$40 million Tranche A financing became unconditional. The company ended September with A$9.62 million in cash, while the larger US$210 million Tranche B package remains conditional.

4DS Memory has completed its acquisition of Jenesys and appointed founder Jaspal Sarai as CEO, combining autonomous-systems software with its ReRAM technology. The company has A$6.6 million in quarter-end cash plus a further A$2 million placement, but has yet to secure a binding customer agreement.

AVA Risk Group has opened FY27 with A$6.7 million in quarterly bookings and a 1.2 book-to-bill ratio, while acknowledging that FY26 revenue and profitability fell short of expectations. The company is betting that sharper commercial discipline, US expansion and a broader solutions model can turn a large pipeline into more dependable growth.

Bannerman Energy has cleared the two gates that mattered most for Etango: funding and Final Investment Decision. The Namibia uranium project now enters full-scale construction, with first production targeted for 2028 and construction cash largely in place.

CAR Group's Brazilian subsidiary webmotors has agreed to buy a 51% stake in Auto Avaliar for R$543 million, or approximately A$144 million. The acquisition would expand webmotors into digital B2B vehicle valuation and trading, although completion still depends on Brazilian regulatory approvals.

Cue Energy Resources (ASX:CUE) increased quarterly cash receipts 29% to A$17.5 million and finished September with A$18.1 million in cash. Mahato’s PB-42 well exceeded pre-drill expectations, while Palm Valley’s PV14 entered production and PV15 drilling began, although total production fell from the previous quarter.

SRJ Technologies has won a US$301,000 purchase order for its BoltEx flange integrity technology, marking its first significant deployment in the Middle East. The full contract value is scheduled to be paid before delivery to the end operator, giving the order unusually strong payment protection.

Orbit Resources has extended its Lewis Ponds exploration story with new sulphide intersections, an out-of-resource Quarry Lode result and improved metallurgical prospects. The progress comes alongside a cash balance of A$1.743 million, equivalent to just 0.89 quarters of funding at the reported expenditure rate.

Resolute Mining delivered 44,398 ounces of gold in the September quarter, while elevated costs and weaker shipments reduced EBITDA and net cash. Doropo construction and exploration advanced, but Syama’s recovery and the company’s full-year guidance now hinge on a stronger final quarter.

Li-S Energy has delivered its lithium-sulfur Power Cells to a US Army research centre and completed a near two-hour endurance flight with its Pegasus drone. The milestones advance its defence and aerospace commercialisation pipeline, but neither has yet produced a procurement order or confirmed revenue.