Latest Logistics News

Westgold Resources capped FY25 with record quarterly gold production and a $132 million treasury boost, while announcing a maiden 2.3 million ounce resource at its Fletcher Zone.

Midas Minerals has revealed widespread copper mineralisation extending over a 2km strike at its South Otavi Project in Namibia, setting the stage for imminent drilling campaigns. The discovery complements ongoing exploration and the pending acquisition of the larger Otavi Project, promising significant growth potential.

Rumble Resources has announced a substantial upgrade to its Western Queen Gold Project, increasing the mineral resource estimate to 370,000 ounces at a higher grade of 3.1 grams per tonne. This marks a significant step forward in the project’s development and potential mining strategies.

MOVE Logistics Group has achieved its FY25 financial targets, showcasing significant improvements in earnings and operational efficiency despite a tough economic backdrop in New Zealand.

Green Critical Minerals has commissioned its first VHD Graphite production module and secured $7 million to drive commercialisation, while its McIntosh Project delivers robust economic metrics.

Killi Resources reports that Gold Fields has exceeded its initial $2 million exploration commitment at the West Tanami Project, advancing geophysical surveys and soil sampling ahead of schedule.

Macro Metals Limited and WA Limestone have completed the acquisition of the Derby East Construction Sands Project near Derby, WA, positioning themselves to tap into growing Southeast Asian sand markets. The project offers low-risk mining potential with strong logistics links to the Port of Derby.

AusQuest Limited reports significant expansion of its porphyry copper-gold discovery at the Cangallo Project in southern Peru, with wide copper intercepts from initial Stage 2 drilling and encouraging preliminary metallurgy.

Kula Gold has initiated exploration at its Wozi Niobium Project in Malawi, aiming to validate historic surface mineralisation and progress towards a maiden drilling campaign by December 2025. This move diversifies the company’s portfolio beyond gold into critical minerals with promising regional infrastructure.

McPherson’s Limited anticipates FY25 revenue around $139 million with a strong second-half EBITDA rebound, while its strategic shift to third-party wholesalers sets the stage for significant EBIT gains in FY26.

BHP has reported record copper and iron ore production for FY25, while revising upward the capital cost and timeline for its Jansen Stage 1 potash project. The miner’s operational strength contrasts with ongoing challenges in nickel and coal segments.

Mount Hope Mining has received regulatory approval to commence its maiden drilling program at the Mt Hope Project, targeting three high-potential gold prospects in New South Wales.