Latest Cost Optimization News

Caravel Minerals has initiated the engineering tendering process for its Caravel Copper Project, aiming to award contracts from August 2025. This follows a simplified plant design and a $15 million loan facility, positioning the project for streamlined development.

Harvest Technology Group reported a 19% improvement in normalized EBITDA for Q3 FY25 alongside a $1.6 million capital raise, reinforcing its strategic plan to achieve profitability by FY27.

Locate Technologies Limited reported flat group revenue for Q3 FY25, with Locate2u growing 10% while Zoom2u declined 11%. The company continues to embed AI as a strategic growth and cost optimization tool.

Global Lithium Resources has resumed its Definitive Feasibility Study at the Manna Lithium Project, focusing on cost optimization and project economics, while advancing heritage and native title agreements. The company also reported significant board changes and a robust cash position heading into 2025.

Decidr AI Industries signals a strategic pivot to AI with a successful $11 million capital raise, new multi-year contracts, and expanded global partnerships, driving early commercial traction and robust e-commerce growth.

Westgold Resources reported a 72% jump in revenue to $624 million in H1 FY25, driven by increased gold production and higher prices, but posted a net loss after tax due to significant one-off acquisition expenses.

NH3 Clean Energy has successfully completed the Pre-FEED engineering phase for its WAH2 clean ammonia project, unlocking new opportunities for emissions and cost optimization while preparing for strategic partnerships.

X64’s December 2024 quarterly report reveals a 6% rise in gold production to 13,895 ounces alongside a reduction in all-in sustaining costs to US$1,994 per ounce, underpinned by strong underground drilling results and advancing Tigerway decline development.

Juno Minerals Limited reports steady progress on its Mount Mason hematite and Mount Ida lithium projects, securing government funding and revising logistics to streamline development. The company also raised $818,754 through a share placement, ending the quarter with $2.37 million in cash.

Control Bionics has delivered its strongest US sales quarter in years, nearing US$1 million in revenue, while broadening its market footprint with new commercial agreements and cost optimizations.

Frontier Digital Ventures posts a mixed fourth quarter with overall revenue growth but EBITDA pressures, while advancing a strategic review focused on unlocking shareholder value.

Aumake Limited reported a remarkable 239% increase in quarterly cash receipts, driven by a $16 million purchase order from Yangtze River and a strategic capital raise, positioning the company for robust growth in 2025.