Latest Infrastructure Upgrades News

Perseus Mining reported a mixed December quarter with stable overall production guidance but rising costs and strong cash reserves, while advancing key projects in West Africa and Tanzania.

8common Limited reported a positive EBITDA for the first half of FY26 alongside a 4% increase in SaaS revenue, supported by significant operational cost reductions and key contract renewals.

Metals X delivered near-record tin output at its Renison operation in Q4 2025, driving a doubling of EBITDA amid improved efficiencies and strong capital progress. The company also advanced its Rentails project and maintained robust cash reserves.

Globe Metals & Mining has officially started construction at its fully permitted Kanyika Niobium Project in Malawi, marking a key shift from planning to execution with first oxide production targeted for early 2028.

Greatland Resources capped off 2025 with robust gold and copper production at Telfer, generating $406 million in operating cash flow, while its Havieron feasibility study confirmed a world-class, low-cost gold-copper mine with a $4.2 billion pre-tax NPV.

Canyon Resources advances steadily on its Minim Martap Bauxite Project with mining operations set to begin in February 2026 and a strong equity raise underpinning development.

Korvest Ltd reported a strong first half for FY2026 with revenue up 17.9% and profit before tax rising 33.2%, driven by growth in its Industrial Products segment and major infrastructure projects.

Kingston Resources reported a 14% increase in quarterly revenue to $18.1 million despite a geotechnical setback, while underground mining development gains momentum and resource estimates grow by 29%.

Northern Star Resources reported a softer December quarter with operational setbacks prompting a downward revision of FY26 gold production guidance and higher costs. Key growth projects remain on track, underpinning future optimism.

Brightstar Resources has cleared key hurdles at its Laverton Mill site and is advancing construction of a new 1.5Mtpa processing plant, targeting a final investment decision in March 2026. With mining approvals secured and debt financing progressing, the company aims to boost production towards 200,000 ounces per annum by 2029.

Saunders International has landed a $16.4 million contract to refurbish a fuel storage tank at Ampol’s Lytton Refinery, reinforcing its role in Australia’s energy infrastructure upgrades.

Canyon Resources advances its Minim Martap Bauxite Project with mining set to start in February 2026 and first shipments targeted for late June, underpinned by key operational milestones and strategic partnerships.