Latest Concrete News

Ora Banda Mining (ASX:OBM) kept its FY27 guidance intact despite weather disruption and an extended mill shutdown lifting quarterly AISC to A$4,214 an ounce. The company is spending heavily to build its next production phase, with the new 3.0 Mtpa plant on schedule and Waihi Underground starting ahead of plan.

Eagle Mountain Mining has emerged from FY2026 with no borrowings, a A$7.27 million accounting profit and a funded 20% interest in its Oracle Ridge copper project. The next test is whether Nittetsu’s drilling and earn-in spending can add value to an asset whose mineral resource has not changed since 2023.

Nickel Industries delivered US$125.9 million of adjusted EBITDA in the September quarter, led by a second consecutive record from the Hengjaya Mine. Its new ENC HPAL project reached 50% of nameplate capacity, but severe dry conditions delayed the next step: commercial sales.

Manuka Resources has received A$1.64 million from a Wonawinta shipment that yielded 267 ounces of gold and 453 ounces of silver. Weekly deliveries are now planned, while the company prepares to add silver processing in early 2027.

Star Minerals has secured a 24-month Ore Purchase Agreement with Forrestania Resources for up to 400,000 tonnes of Tumblegum South mill feed. Haulage of the first batch is scheduled to begin on 23 October, putting the company’s planned first gold pour closer to an operational test.

Fenix Resources has moved into the next phase of its growth plan, commencing Beebyn Hub mining and commissioning a 5Mtpa processing plant after a quarter of heavy investment. Shipments fell and cash declined to A$43.2 million, but the company maintained FY27 guidance and secured more than five years of mine life at current production rates.

Cobre has secured 150,000 tonnes of low-cost ENAMI oxide material while testing two ways to recover copper from Sierra Atacama’s old leach infrastructure. The initiatives could lift SX-EW utilisation, although the historical pad opportunity remains early-stage and non-JORC.

VEEM has secured initial A$0.8 million purchase orders from HII for the Virginia Class submarine program, becoming the first Australian AUSSQ-qualified supplier to do so. The award gives the Perth defence manufacturer a foothold in the US submarine supply chain, although the value of future opportunities remains uncertain.

Green360 Technologies has moved MKX further into commercial supply, with binding agreements covering up to 9,600 tonnes and more than 3,500m³ of concrete placed in Melbourne projects. Revenue rose and operating cash outflow narrowed sharply, although the reported contract volumes are maximums rather than guaranteed purchases.

Janus Electric has used a A$1.91 million FY2026 R&D tax refund to cut its Rockford loan balance to A$987,000. The repayment is expected to reduce interest costs by about A$325,000 a year, while a further overseas R&D refund remains subject to approval.

EBR Systems has submitted its WiSE wireless cardiac pacing system for Australian regulatory approval, opening a potential second commercial market after the United States. The application has entered a priority review pathway, but neither approval nor an assessment timetable is guaranteed.

Rox Resources has accelerated underground development and advanced construction at Youanmi, with the processing plant 39% complete and first gold still targeted for mid-2027. The project is now fully permitted and funded facilities have begun drawing, although construction spending and one major contract remain in focus.