Latest Logistics News

Caprice Resources has reported significant drilling success at its Island Gold Project, extending gold mineralisation at the Vadrians deposit both along strike and at depth. The results highlight a structurally controlled system with ongoing exploration potential.

Palisade Metals has boosted its Finley Basin Tungsten Project landholding by 87% to over 696 hectares, setting the stage for maiden drilling in Q3 2026 aimed at validating historical tungsten mineralisation in Montana.

South32 has boosted the Sierra Gorda copper mine’s Ore Reserves by 61%, extending its reserve life by five years to 2045, underpinned by extensive infill drilling and a planned processing expansion.

MOVE Logistics Group has completed its strategic Reset phase, reporting a return to positive normalised earnings and improved cashflow in FY26, despite ongoing challenges in its warehousing division.

SenSen Networks has landed a $889,000 two-year contract with EPA Victoria to trial acoustic vehicle noise enforcement, marking its SenDISA platform's first foray into environmental regulation.

Xenitra Limited has secured A$1.5 million through a discounted share placement to accelerate growth in higher-margin OTC medicines, FSMP, and tokenised FMCG sales. The capital will fund inventory expansion, supplier fulfilment, and ecommerce activation as the company shifts from low-margin distribution to a diversified healthcare platform.

Canyon Resources has postponed its first bauxite shipment from the Minim Martap project due to a suspension of loan drawdowns by AFG Bank and complications arising from an unsolicited takeover bid. The company is pursuing multiple funding avenues while managing cash carefully amid these setbacks.

Li-S Energy has shipped its first lithium-sulfur battery cells to the US Army DEVCOM C5ISR Center, marking a key milestone in its commercialisation and opening a pathway into US defence procurement.

FirstAu Limited is gearing up to drill at its First Hit gold deposit, aiming to define a maiden Mineral Resource Estimate based on historic high-grade production and extensive data.

Elixir Energy has secured a second data sharing agreement with QGC to acquire new 3D seismic data over key areas in the Taroom Trough, enhancing its geological understanding ahead of upcoming flow testing at Lorelle-3H.

Lindsay Australia Limited reported a 31.5% rise in net profit after tax to A$22.9 million for FY26, driven by full-year SRT Logistics integration and organic growth. The company declared a fully franked 1.7 cent final dividend and secured a major Woolworths secondary freight contract in North Queensland.

Property for Industry Limited (NZX: PFI) reported a resilient FY26, delivering a 14% rise in adjusted funds from operations per share and a 10.5% dividend increase, backed by strong portfolio occupancy and progress in green developments.