Latest Logistics News

The GPT Group reveals robust occupancy and leasing growth in 2024, offset by a statutory loss driven by property valuation declines. Strategic partnerships and development projects position the company for future earnings expansion.

Burgundy Diamond Mines has secured a novel diesel fuel offtake agreement with Macquarie Bank, easing seasonal cash flow pressures and potentially setting a precedent for multi-year collaboration.

Invictus Energy has secured Environmental and Social Impact Assessment approval for pilot gas production at its Cabora Bassa Project, unlocking the path to commercial gas extraction and power generation in Zimbabwe.

Freightways Group Limited has announced an ordinary dividend of NZD 0.22352941 per share for the six months ending December 31, 2024, payable on April 1, 2025. The dividend is fully unfranked and reflects the company’s ongoing cash flow strength.

BMG Resources is ramping up its drilling efforts at the Abercromby Gold Project with assays from Phase 1 drilling imminent, aiming to expand its existing 518,000oz gold resource. Concurrently, a new drilling program is planned for the nearby Bullabulling Project following a major regional acquisition.

Pure Foods Tasmania has executed key loan extensions with Commonwealth Bank and outlined a comprehensive turnaround strategy to address its financial challenges, despite ongoing material uncertainty over its going concern status.

Desane Group Holdings has secured a lease extension with Brisbane City Council for its Wacol industrial property, guaranteeing $4.5 million in rental income through to 2030. This deal underscores confidence in Desane’s strategic positioning in Brisbane’s industrial market.

Tivan Limited has accelerated development of its Sandover Fluorite Project in the Northern Territory, unveiling ultra high-grade assay results and a detailed exploration and approvals program targeting drilling in late 2025.

Mayur Resources has unveiled significant progress on its Central Lime Project, including enhanced production capacity, favorable EPC bids, and advancing offtake negotiations, setting the stage for a Final Investment Decision.

Kalgoorlie Gold Mining is set to begin follow-up RC drilling at its promising Lighthorse gold discovery in early March 2025, aiming to unlock deeper mineralisation and expand the resource footprint.

Somerset Minerals Ltd has identified multiple high-priority drill targets at its Coppermine Project in Nunavut, Canada, following the reprocessing of historical geophysical data. The company is preparing for a 1,250-metre drilling and surface sampling campaign scheduled for the second quarter of 2025.

Magnum Mining & Exploration is recalibrating its supply chain strategy in response to new U.S. tariffs on steel and aluminium, engaging with Chinese partners and advancing its Buena Vista iron project.