Latest Equipment Upgrades News

Asara Resources has reported robust drilling results at its Massan deposit in Guinea, confirming broad gold mineralisation and identifying a new zone 700m south of the core deposit, underpinning plans to grow and upgrade its resource.

Lotus Resources has halted production at its Kayelekera uranium mine due to acid supply interruptions linked to Middle East geopolitics and acid plant issues, while advancing export permits and pursuing new funding arrangements.

Champion Iron Limited reported a 19% increase in net profit to C$168.7 million for FY2026, driven by record production and sales, progress on its DRPF project, and the strategic acquisition of Rana Gruber.

Freehill Mining’s aggregates division hit a new monthly sales high of $427,766 in April, a 23% jump from March, driven by operational upgrades and nearing completion of a key crusher installation. This momentum underpins its strategy to fund copper project development in Chile.

Australian Agricultural Projects is poised for its 2026 olive harvest with upgraded equipment and has reduced borrowings despite early March flooding. Cash flow remains strong, though a seasonal deficit looms.

Manuka Resources has begun crushing and screening at its Mt Boppy gold project, moving closer to restarting production at Wonawinta by June 2026. Initial gold processing will precede silver production, with key milestones largely complete.

Kingsgate Consolidated delivered over 21,000 ounces of gold in the March quarter, marking its fifth consecutive quarter above this threshold, while cash reserves rose nearly 20% to A$213 million.

CTI Logistics has reported a robust half-year performance with revenue climbing 7.6% and profit before tax soaring 64.2%, underpinned by operational efficiencies and strategic investments in Western Australia.

Kingsgate Consolidated Limited has reported a spectacular half-year performance with a 3,491% jump in net profit and a doubling of revenue, driven by higher gold and silver production. The company also declared its first interim dividend in years, signalling confidence in its growth trajectory.

Integral Diagnostics Limited has reported a robust half-year performance, with revenues soaring 55.6% and EBITDA nearly doubling, driven by strong patient volume growth and successful integration of Capitol Health. The company also declared a fully franked interim dividend of 3.3 cents per share.

Freehill Mining Limited reported a robust 46% increase in quarterly sales, driven by strong demand at its Islon aggregate site and steady contributions from Yerbas Buenas. Meanwhile, the company advances promising copper and gold project assessments.

Australian Agricultural Projects Ltd reports steady orchard health and harvest expectations amid rising water prices, while strengthening its asset base and maintaining robust cashflow in the December 2025 quarter.