Latest Engineering News

Perseus Mining reported a 9% rise in gold production and a robust cash and bullion balance of US$704 million in Q2 FY25, alongside strategic progress on its CMA underground and Nyanzaga projects.

Reward Minerals has completed the acquisition of the Beyondie Potash Plant, positioning itself to advance its innovative potash processing technologies and reduce production costs. The move, funded through a non-dilutive loan extension, marks a significant step toward commercialising its patented SOP recovery methods.

Enova Mining Limited has completed a $1.5 million placement to fund key developments at its CODA and Charley Creek projects, with the second tranche awaiting shareholder approval.

Enova Mining has completed a $1.5 million placement to fund key development and exploration activities across its CODA, Charley Creek, and Lithium Valley projects. The capital injection aims to accelerate metallurgical testing and engineering work critical to unlocking the value of these rare earth and critical mineral assets.

Enova Mining has secured $1.5 million through a two-tranche placement to fund key project developments and exploration activities across its lithium and rare earth assets in Brazil and Australia.

Sunrise Energy Metals reports significant progress on its Syerston Scandium Project and battery materials complex, while navigating evolving global supply dynamics and maintaining a strong safety record.

Carnarvon Energy reports a robust cash balance of A$187 million amid delays in the Dorado project development following Santos' decision to pause FPSO acquisition. The renewal of Bedout Basin exploration permits offers a pathway to future drilling in 2026.

PARKD Ltd reports substantial structural completions on flagship projects and positive operating cash flow in Q2 FY25, setting the stage for licensing negotiations with Fielders.

Bioxyne Limited has reported a remarkable 77% jump in revenue for Q2 FY2025, alongside positive operating cash flow, as it prepares to expand manufacturing capacity and enter new international markets.

GR Engineering Services has secured a $75.1 million EPC contract to upgrade the King of the Hills processing facilities, reinforcing its foothold in Western Australia's gold sector.

Centaurus Metals has reported its highest-grade copper intersections to date at the Boi Novo Copper-Gold Project, including a standout 5.5m at 8.38% Cu. With drilling set to recommence, the project’s potential as a significant copper-gold discovery is gaining momentum.

Hydrix Limited reports back-to-back profitable quarters driven by strong margins and cost efficiencies, underpinned by a robust $40 million sales opportunity pipeline in cardiac and medtech sectors.