Latest Georgia News

Krakatoa Resources is rapidly advancing exploration at its Zopkhito Gold and Antimony Project in Georgia, with underground core sampling and a two-rig diamond drilling program targeting a maiden JORC-compliant resource. The project’s strategic location offers a rare European source of critical minerals amid global supply concerns.

Krakatoa Resources secures $3.1 million in a two-tranche placement to fund a major drilling campaign aimed at converting its Zopkhito Antimony-Gold Project’s foreign resource estimate into a JORC-compliant Mineral Resource.

Krakatoa Resources has deployed a second drill rig at its Zopkhito antimony-gold project in Georgia, accelerating efforts to convert historical resource estimates into a JORC-compliant Mineral Resource.

Eden Innovations Ltd reported a 21% revenue increase driven by global sales growth, yet its net loss widened significantly due to prior year asset revaluations and ongoing operational costs. The company is undertaking major financial restructuring including a share consolidation and rights issue to stabilize its balance sheet.

Acusensus Limited reported a 20% increase in revenue to $59.35 million for FY25, driven by new and expanded contracts across Australia, New Zealand, the US, and the UK. However, net losses widened by 72.3%, reflecting higher operating expenses and ongoing litigation costs.

Artrya Limited has secured FDA 510(k) clearance for its Salix Coronary Plaque module, enabling near real-time detection of high-risk coronary artery plaque and opening a lucrative U.S. market opportunity with a $950 reimbursement per scan.

Artrya Limited reported a 17.2% increase in net loss to $16.4 million for FY25, while achieving FDA clearance and launching its AI-driven Salix platform in the U.S. market. The company also secured key commercial partnerships in Australia and raised $20 million in equity funding.

Transurban reports solid FY25 financial results with strong EBITDA and free cash flow growth, steady operating costs, and promising progress on NSW Toll Reform and major infrastructure projects.

Transurban reports solid FY25 results with rising toll revenue, improved EBITDA margins, and strong free cash flow, while advancing key infrastructure projects and navigating NSW Toll Reform.

James Hardie Industries reported a 9% decline in Q1 FY26 net sales to $900 million, while successfully completing its AZEK acquisition, setting the stage for expanded market reach and product offerings. The company adjusted its FY26 guidance to reflect softer North American demand but remains focused on long-term growth.

Eden Innovations Ltd has announced a non-renounceable entitlement offer to raise approximately $5.7 million, issuing new shares at $0.035 each alongside free options exercisable at $0.07. The capital raise aims to support business expansion and debt reduction.

International Graphite Limited (ASX, IG6) has signed a cooperation agreement to develop a 3,000 t/y expandable graphite facility in Germany, advancing its global footprint alongside progress at its Collie micronising plant and Springdale project, supported by potential US Department of Defense funding.