Latest Logistics News

Variscan Mines (ASX:VAR) has secured $690,000 in the first tranche of a $5 million placement, issuing 174 million shares at $0.004 each to new sophisticated investors. The capital raise supports ongoing development at the Novales-Udias zinc-lead project in Spain, which recently reported a JORC resource.

Evergold Minerals has kicked off a 3,000m reverse circulation drilling campaign at its Mt Monger Gold Project, aiming to confirm high-grade gold mineralisation at Duchess of York and test a newly defined intrusive-related target at Gladiator.

TG Metals is accelerating development at its Lake Johnston Lithium Project amid improved lithium prices, with mining lease applications and resource drilling approvals underway for the Burmeister deposit.

Diatreme Resources has increased its Si2 Deposit Mineral Resource Estimate by 10.6%, expanding the Northern Silica Project’s high-purity silica sand base to 301.5 million tonnes, underpinning its Pre-Feasibility Study.

Metallium's US affiliate wins a US$1 million Phase II SBIR contract from the U.S. Department of War to pilot-scale its Flash Joule Heating technology, targeting gallium and germanium extraction from electronic waste. This advances the company’s push to secure domestic supply chains for defence-critical materials.

Legacy Iron Ore Limited has wrapped up Phase I mining at Mount Celia, pivoting to develop a heap leach processing facility while reporting a 77% surge in measured and indicated gold resources. The company also progresses its Mount Bevan iron ore joint venture amid ongoing exploration and feasibility studies.

MAAS Group Holdings reconfirms FY26 EBITDA guidance, reports 35% completion on a $200 million AI factory electrical contract, progresses $1.7 billion construction materials sale, and expands debt facilities to support growth.

Boab Metals is set to complete its A$10 million acquisition of Sandfire's DeGrussa Processing Plant, a move that de-risks and accelerates the Sorby Hills Silver Lead Project’s timeline towards production in H2 2027.

MB Gold has completed a heritage survey at its Razorback Prospect with Nyamal Traditional Owners and terminated a 0.75% net smelter royalty by issuing shares to First Au, paving the way for a planned 6,000-metre drill campaign in late 2026.

Scorpion Minerals has secured a $2 million option agreement with Andel Resources, granting exclusive rights to mine and process gold from the Old Prospect tenements, marking a pivotal step from exploration to production.

New Hope Corporation lifted quarterly coal production and sales, cut sustaining capital guidance, and issued $300 million in convertible notes to extend debt maturity to 2032.

Brazilian Rare Earths Limited (ASX: BRE) is demerging its Amargosa Bauxite-Gallium Project into a new ASX-listed entity, Alurion Resources, aiming to unlock value and sharpen focus on distinct mineral opportunities.