Latest Logistics News

Charter Hall Long WALE REIT reported solid first-half results for FY25, maintaining strong portfolio occupancy and lease terms while executing significant asset sales and strategic acquisitions. The REIT reaffirmed its full-year earnings and distribution guidance, underscoring confidence in its long-term growth strategy.

Aurumin Limited has initiated a 2,000m drilling campaign at its Central Sandstone Project targeting high-grade iron ore, advancing a potential $7 million joint venture with Newcam Mineral Pty Ltd. This move aims to unlock significant value from a promising iron ore district with grades up to 67% Fe.

Lindian Resources has awarded a $1.3 million contract to Mota-Engil for the construction of a critical access road at its Kangankunde Rare Earths Project in Malawi, marking a key milestone in project development and local infrastructure enhancement.

Cullen Resources has identified significant, untested gold anomalies across a 25km trend at its Yardilla project in Western Australia, highlighting promising prospects for future drilling campaigns.

AusQuest Limited has confirmed a significant porphyry copper-gold discovery at its 100%-owned Cangallo Project in southern Peru, revealing extensive near-surface mineralisation and promising assay results from its maiden drilling program.

InFocus Group Holdings has completed its acquisition of Bangkok-based Prodigy9, enhancing its software engineering and data analytics capabilities while aiming for rapid cash flow generation.

AKORA Resources has increased its placement by $25,000, bringing the total to $1.318 million as it advances strategic investor discussions and logistics planning following its Pre-Feasibility Study.

AKORA Resources has raised $1.293 million through a strategic share placement involving its first institutional investor and full board participation, aiming to advance logistics and investor discussions for its Bekisopa iron ore project.

Vmoto reports a 33% decline in FY24 unit sales but maintains operational cash flow positivity and secures new joint ventures in Thailand and Mexico to bolster its electric mobility footprint.

Canyon Resources has gained government approval for its Inland Rail Facility location in Cameroon, advancing the Minim Martap Bauxite Project with new land allocation and infrastructure plans.

AuMEGA Metals has completed a high-resolution airborne magnetic survey over its Hermitage Gold-Antimony Project, revealing significant structural complexity and aligning with previous high-grade samples. The company plans targeted drilling later in 2025 to unlock the project's potential.

Basin Energy has secured government approval for its Trollberget project in Sweden, doubling its landholdings in the Arvidsjaur-Arjeplog uranium district and setting the stage for promising exploration results expected in early 2025.