Latest Logistics News

Diablo Resources has acquired an 80% stake in the historic Horn Silver Project, complementing its nearby Star Range assets and advancing exploration with a maiden drill program approved.

MOVE Logistics has returned to profitability in FY26, delivering positive normalised earnings before tax alongside revenue growth and reduced net debt, despite ongoing challenges in its warehousing division.

Zeus Resources (ASX:ZEU) is set to acquire the Diaguili copper-gold project in Mauritania for US$2 million, backed by a fully funded $2 million placement. The shallow historical drilling shows promising copper grades, with mineralisation open at depth and along strike.

Brazilian Rare Earths (ASX: BRE) has expanded its Monte Alto District with a new +9 km rare earth corridor at Velhinhas, confirmed by high-grade drilling. Shareholders also backed the A$50 million IPO demerger of the Amargosa Bauxite-Gallium Project into Alurion Resources.

Jupiter Energy maintained steady oil production and reported US$2.18 million in domestic sales for Q2 2026, with all output sold to Kazakh refineries and no exports during the quarter.

Maritana Minerals has locked in temporary and permanent accommodation solutions to underpin workforce needs for its Black Swan Processing Hub and nearby gold projects, with camps set to be operational from August 2026 and early 2027.

Locate Technologies’ Q4 FY26 update highlights a 54% surge in Locate2u revenue to NZ$1.20 million, driving normalised EBITDA into positive territory. AI integration accelerated product development and customer onboarding, while capital moves included a share buyback and royalty conversion.

Energy World Corporation is progressing on its US$350 million turbine sale to Hallador Energy with equipment packing underway and funds partially received. The company is also refining its Pagbilao LNG terminal strategy while facing challenges in divesting Australian assets.

Caravel Minerals has advanced its Caravel Copper Project DFS with a 48% increase in Proven Ore Reserves and secured $15 million in new royalty funding from Regal Royalty Fund, while extending key regulatory timelines.

Orcoda Limited has lifted its Annual Recurring Revenue by 23% year-on-year to $6.2 million, with a new multi-year Wagner Corporation contract pushing total ARR to $14.2 million as it enters FY27.

WiseTech Global is acquiring FRDM.ai for $10 million upfront to accelerate its VerifyWise platform, enhancing multi-tier supply chain risk and compliance monitoring with AI-powered insights.

TG Metals has struck a non-binding agreement with Medallion Metals to process 60,000 tonnes of gold-bearing stockpiles from Van Uden, unlocking a near-term revenue stream while advancing onsite heap leach development.