Latest Concrete News

Eureka Group Holdings has secured $70.7 million from institutional investors to help fund its $123.8 million acquisition of six NSW communities. The remaining $9.5 million retail offer opens against a backdrop of upgraded FY27 earnings guidance, but also higher gearing and execution risk.

Ora Banda Mining has begun underground development at Waihi in Western Australia, where drilling has returned intersections of up to 1.6 metres at 65.9 g/t gold. The mine is scheduled to deliver first underground ore in mid-2027, ahead of the company’s planned 3.0 Mtpa Davyhurst processing plant.

EV Resources has moved its Tecomatlán plant from integration into live proof-of-concept processing, with 200 metric tons of antimony ore delivered and crushing underway. The company is now targeting its first marketable antimony concentrate, although plant-scale performance remains unproven.

Brightstar Resources says construction of its 1.5Mtpa Laverton processing plant remains on schedule and within budget, with first gold still targeted for June 2027. The update also marks the end of underground mining at Second Fortune as the company shifts towards commissioning and new mine development.

Viridis Mining and Minerals has secured approval for a R$77.5 million BNDES financing facility, reducing the estimated senior debt still required for its Colossus rare earth project to about US$280 million. The 16-year facility carries an indicative current cost of approximately 4.8% and supports the project’s Brazilian processing and research infrastructure.

Forrestania Resources has secured a framework to purchase and process up to 2 million tonnes of third-party ore while locking in key laboratory, haulage and reagent arrangements for its Lake Johnston and Edna May hubs. The agreements strengthen restart preparation, although financial terms, margins and delivery timing remain undisclosed.

Revolver Resources says it knows of no undisclosed information behind a sharp rise in its shares and trading volume. The company pointed only to ongoing work at the Dianne Copper Mine and progress towards a positive Final Investment Decision.

Impact Minerals’ 50%-owned Alluminous project reveals a strong financial case for a staged US high purity alumina plant, projecting a post-tax NPV₈ of A$518 million and a 42.3% IRR under a modular development approach.

Rox Resources reports steady progress at Youanmi Gold Mine with processing plant construction and mining development proceeding on schedule, supporting a mid-2027 gold production target.

A2MP Investments has issued a third supplementary bidder's statement disputing the valuation and assumptions underpinning Canyon Resources' takeover response, highlighting persistent funding uncertainties and project execution risks. The bidder insists its offer remains the sole liquidity option for shareholders ahead of the September 21 deadline.

Medallion Metals has awarded a $50 million EPC contract to GR Engineering to convert its Cosmic Boy Concentrator into a standalone facility producing copper concentrate and gold doré, aligning with feasibility estimates and advancing production timelines.

Eden Innovations Ltd trimmed its loss to $5 million in FY2026 while erasing bank debt and converting loans into equity, supported by property sales and capital raises.