Latest Cost Efficiency News

Caravel Minerals has secured a crucial water licence agreement and progressed its feasibility study, alongside raising $5 million to support the Caravel Copper Project's development in Western Australia.

Medical Developments International has posted a robust improvement in operating cash flow and revenue for Q2 FY25, driven by higher demand and pricing for its flagship product Penthrox across Australia and Europe.

Canyon Resources has completed an extensive drilling campaign at its Minim Martap Bauxite Project and appointed a new CFO, setting the stage for key resource updates and feasibility milestones in 2025.

Zenith Minerals reported a 40% increase in its Dulcie Far North gold resource and secured A$2.48 million in new funding, positioning the company for aggressive exploration across its Australian gold and lithium projects.

NH3 Clean Energy has made significant strides in its WAH2 Project, finalising critical commercial agreements and progressing technical work ahead of Front End Engineering and Design (FEED) entry scheduled for Q1 2025. The company also completed a capital raise to support these developments.

Corazon Mining's December 2024 quarterly report reveals promising exploration progress at its MacBride and Lynn Lake projects in Canada, alongside encouraging drilling results at Mt Gilmore in NSW. A recent capital raise aims to accelerate drilling in early 2025.

Prominence Energy reports steady progress in its uranium and gas exploration projects while pursuing new growth opportunities focused on capital efficiency and operational flexibility.

Suvo Strategic Minerals delivered a robust December quarter with soaring profits and an extended supply deal, while advancing innovative low carbon cement projects in Australia and Indonesia.

QPM Energy reported a 21.3% rise in electricity and gas sales revenue to $30.8 million in the December 2024 quarter, driven by strong electricity prices and strategic asset acquisition. The company also advanced its drilling program and optimized gas production despite a decline in third-party supply.

Austral Gold reported an 8.5% production increase in Q4 2024 alongside significant cost reductions, though full-year output fell short of forecasts due to equipment delays. The company sets ambitious 2025 targets, supported by a new toll processing deal and plant refurbishment financing.

Beforepay Group has reported a strong Q2 FY25 with record revenue exceeding $10 million and a growing active user base, while introducing its new Personal Loan product.

Rumble Resources has unveiled a significant resource upgrade at its Western Queen Project alongside a strategic joint venture to fast-track gold production, while advancing metallurgical progress at its Earaheedy zinc project.