Latest Engineering News

Bass Oil Limited has announced a $3.1 million rights issue to fund key projects including recommissioning a gas facility in Australia and drilling an oil well in Indonesia, aiming to significantly increase production and cash flow.

Alliance Aviation Services has updated its FY25 financial guidance, aiming for EBITDA between $205-210 million while navigating operational disruptions and planning significant debt reduction by 2026.

Core Lithium has released a comprehensive Restart Study for its Finniss Lithium Project, outlining a transition to fully underground mining that extends the mine life to 20 years while slashing operating costs and boosting production capacity.

Strickland Metals is advancing its 7.4 million ounce Rogozna Gold and Base Metals Project in Serbia through expanded development studies, community engagement, and key management appointments. The company targets a scoping study release by year-end 2025.

5E Advanced Materials has raised $6.35 million through a private placement to advance its boron and lithium project in Southern California, aiming to strengthen U.S. supply chains and move closer to commercialization.

Cobre Limited reports exceptional copper and silver recoveries from long-term in-situ leaching tests at its Ngami Copper Project, advancing plans for a pilot plant to validate this innovative extraction method.

Andromeda Metals has successfully raised $5 million through a heavily subscribed placement, positioning the company to advance its flagship Great White Project and promising HPA initiative.

VHM Limited has successfully raised $8.25 million through a discounted share placement, bolstering funds for its Goschen Project's next development phase. A subsequent $2 million Share Purchase Plan offers existing shareholders a chance to participate.

Infini Resources has appointed seasoned mining engineer Rohan Bone as CEO to spearhead development across its uranium and lithium assets in Canada and Australia, marking a strategic shift from exploration to project advancement.

Engenco Limited’s independent board committee recommends shareholders accept Elph Investments’ 30.5 cents per share takeover offer, despite an independent expert deeming the price ‘not fair but reasonable’. The offer, conditional on increasing Elph’s stake to over 92%, presents shareholders with a choice between immediate liquidity and longer-term exposure.

Australian Vanadium’s subsidiary VSUN Energy reports improved cost competitiveness for Project Lumina’s vanadium flow battery system, positioning it strongly in Australia’s growing long-duration energy storage market.

Civmec Limited has reported a robust Q3 FY25 with a $285 million boost to its order book, now exceeding $760 million, while positioning itself for significant naval shipbuilding opportunities through strategic acquisitions and government-backed projects.