Latest Equipment Upgrades News

Greenvale Energy has completed the acquisition of the Oasis Uranium Project and is preparing for its maiden drilling program, while airborne surveys reveal promising uranium targets across its Northern Territory portfolio.

Maas Group Holdings has reaffirmed its FY25 underlying EBITDA guidance between $215 million and $245 million, while expanding its Melbourne construction materials hub through key acquisitions in asphalt paving and recycling.

Aguia Resources has marked significant progress at its Santa Barbara gold project in Colombia, achieving maiden gold pours and initiating extensive drill testing. Concurrently, the company secured a long-term phosphate processing lease in Brazil and completed a $1.5 million capital raise, positioning itself for expanded production.

BluGlass Limited has launched a $6 million Share Purchase Plan (SPP) offering new shares with attaching options to eligible shareholders, aiming to fund the scale-up of its visible laser production and support ongoing product development.

Larvotto Resources has completed key technical work on its Hillgrove DFS, incorporating a shift to dry tailings storage and capitalising on record gold and antimony prices, while exploration drilling delivers high-grade intercepts and the company strengthens its operational base.

AVADA Group Limited reported a seasonally subdued quarter ending March 2025 but achieved positive operating cash flow through disciplined cost reductions and operational efficiencies. A strategic review of its New Zealand operations is underway amid challenging market conditions.

Tolu Minerals has raised A$27.25 million through a placement to fund extensive exploration and refurbish its Tolukuma Gold Mine in Papua New Guinea, signaling a strategic push towards early gold production.

Native Mineral Resources Holdings Limited (NMR) has made significant progress on its Charters Towers Gold Project, completing key plant refurbishments and securing $15.9 million in funding to support a planned gold production restart in Q3 2025.

St Barbara Limited has successfully commissioned the MMD Sizer crusher at its Simberi operation, exceeding performance expectations and boosting SAG mill throughput. The company also appointed Phil Stephenson, a seasoned PNG mining executive, as Operations Advisor to steer operational improvements and strategic decisions.

Austral Gold reported an 8.5% production increase in Q4 2024 alongside significant cost reductions, though full-year output fell short of forecasts due to equipment delays. The company sets ambitious 2025 targets, supported by a new toll processing deal and plant refurbishment financing.

Bioxyne Limited reports a remarkable 77% revenue increase in Q2 FY2025 alongside positive operating cash flow, setting the stage for international growth with imminent UK export approvals and planned European manufacturing.