Latest Engineering News

Mount Burgess Mining announces the immediate resignation of long-serving Chairman Nigel Forrester due to ill health, appointing Dr. Steve Lennon as the new Executive Chairman to steer the company forward.

Streamplay Studio Limited has inked an exclusive agreement to bring its cloud gaming service to Sri Lanka’s largest mobile network, Dialog Axiata, targeting over 19 million subscribers. This expansion follows its recent successful launch in the UAE, positioning Streamplay for growth in emerging mobile-first markets.

Forrestania Resources has appointed former Minerals Resources executive David Geraghty to its board and secured $500,000 through a strategic share placement, signaling a renewed push in its gold exploration projects.

Appen Limited reported robust 2024 results with a 16% revenue increase excluding Google and a return to profitability, driven by generative AI projects and China market expansion. The company outlines a confident 2025 strategy focused on AI data quality, operational efficiency, and sustained growth.

5E Advanced Materials reports Q3 2025 results highlighting operational progress with specialty glass trials and updated capital estimates, alongside a major debt restructuring and reverse stock split. Despite improved liquidity, the company faces ongoing going concern challenges.

Monadelphous Group Limited has landed a suite of new contracts worth approximately $180 million across Western Australia's resources, energy, and infrastructure sectors, reinforcing its strong foothold in the region.

Bass Limited’s May 2025 AGM update highlights a strategic acquisition and capital raising to accelerate its emergence as a key Australian gas producer, focusing on Cooper Basin and Indonesian assets.

Celsius Resources Limited has launched an offer of up to 423.95 million new options to key placement participants, including Silvercorp Metals and its lead manager, aiming to support ongoing project funding without immediate capital inflow.

Euro Manganese Inc. reported a net loss of CAD 9.174 million for the half-year ending March 31, 2025, while making significant progress on its Chvaletice Manganese Project, including securing key permits and strategic status under EU and Czech frameworks. The company’s development hinges on completing a crucial private placement and share purchase plan to sustain operations.

Euro Manganese advances its Chvaletice manganese project with key regulatory approvals, leadership appointments, and a $9.8 million capital raise, while reporting a narrowed Q3 net loss.

Blue Star Helium reports robust natural flow rates from its Jackson 2 well at the Galactica project, with helium concentrations nearing 78%, signaling strong reservoir potential in Colorado.

Unibail-Rodamco-Westfield unveils a confident 2025-28 strategy targeting robust EBITDA growth, expanding retail media, and increased shareholder returns. The plan balances disciplined capital allocation with ambitious development and licensing initiatives.