Latest Engineering News

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Eagle Mountain Mining has taken significant steps to re-enter its Oracle Ridge copper project in Arizona through a strategic option agreement and a potential joint venture with Japan’s Nittetsu Mining. The deal promises to clear debt and fund early development, setting the stage for a medium-term production restart.
Maxwell Dee
Maxwell Dee
5 Nov 2025
Verbrec Limited is streamlining its business by selling its Competency Training division for $11.5 million and acquiring Alliance Automation for $5.5 million, significantly boosting its digital and automation capabilities.
Victor Sage
Victor Sage
5 Nov 2025
Verbrec Limited has agreed to acquire Alliance Automation for $5.5 million, significantly expanding its automation and digital capabilities while adding over $60 million in annual revenue.
Victor Sage
Victor Sage
5 Nov 2025
Austin Engineering has lowered its FY26 revenue and EBIT forecasts due to challenges in key contracts and operational inefficiencies, while outlining strategic measures to restore profitability.
Victor Sage
Victor Sage
5 Nov 2025
Rox Resources is poised to commence underground development at its Youanmi Gold Project with the first decline cut scheduled this week, while a Definitive Feasibility Study is due shortly, marking a critical phase in its path to production.
Maxwell Dee
Maxwell Dee
5 Nov 2025
DroneShield has triggered the vesting of 44.5 million performance options after surpassing $200 million in cash receipts, setting ambitious new revenue hurdles up to $500 million to drive future growth and shareholder alignment.
Sophie Babbage
Sophie Babbage
4 Nov 2025
Finder Energy has signed a farmout agreement assigning 40% of its North Sea P2530 licence to Serica Energy, retaining operatorship and a 20% stake. This move aims to accelerate appraisal and development of the Wagtail oil discovery through strategic partnership and regulatory approvals.
Maxwell Dee
Maxwell Dee
4 Nov 2025
McLaren Minerals Limited has announced a fully underwritten non-renounceable pro-rata entitlement offer to raise approximately $3.6 million, issuing new shares at 1.8 cents each with free-attaching options. The capital raise aims to fund exploration and development activities as the company advances its mining projects.
Maxwell Dee
Maxwell Dee
4 Nov 2025
Brightstar Resources has enhanced its leadership team with seasoned mining executives and is advancing its Sandstone project, targeting a resource upgrade in early 2026 as it pursues a +200,000-ounce annual gold production goal.
Maxwell Dee
Maxwell Dee
4 Nov 2025
McLaren Minerals has launched a fully underwritten A$3.6 million entitlement offer to accelerate development of its McLaren titanium project, offering shareholders discounted shares and options.
Maxwell Dee
Maxwell Dee
4 Nov 2025
EQ Resources has set a new monthly tungsten production record at its Barruecopardo Mine in Spain, driven by operational upgrades and new equipment commissioning.
Maxwell Dee
Maxwell Dee
4 Nov 2025
Antilles Gold Limited has released an updated financial analysis for its Nueva Sabana copper-gold mine in Cuba, highlighting improved project economics and a construction start slated for late 2025. The study reflects higher metal prices and revised costs, underpinning a strong net profit and positive cash flow outlook.
Maxwell Dee
Maxwell Dee
4 Nov 2025