Latest Mining And Infrastructure News

Verbrec Limited has reported a strong FY2025 with record margins and resumed dividend payments after more than a decade, alongside strategic moves including a key acquisition and divestment.

Genesis Minerals has secured crucial rail agreements that clear the path for developing the Tower Hill open pit gold mine and expanding the Leonora mill, targeting first ore in FY28.

Raiden Resources has acquired an 85% commercial interest in the Crixás Gold Tailings Project in Brazil, aiming to unlock near-term, low-capital gold production through tailings reprocessing. The project features existing infrastructure and a third-party processing plant, with a feasibility study underway for a larger gravity processing facility.

Tasmea Limited reported robust FY25 financial results with a 74% jump in net profit after tax, driven by organic growth and strategic acquisitions. The company reaffirmed its FY26 guidance, supported by a $43 million institutional placement to fuel further expansion.

Orica Limited reported a 6% increase in revenue to AUD 8.14 billion and a 23% rise in EBIT to AUD 992.2 million for FY2025, alongside record safety performance and significant strides in decarbonisation.

Haranga Resources has launched the second phase of a 3,000-metre Aircore drilling campaign at its Ibel South Gold Project in Senegal, following promising high-grade gold results from its maiden program. The new drilling aims to confirm and expand mineralised zones ahead of a deeper 2026 drilling campaign.

Verbrec Limited is streamlining its business by selling its Competency Training division for $11.5 million and acquiring Alliance Automation for $5.5 million, significantly boosting its digital and automation capabilities.

Verbrec Limited has agreed to acquire Alliance Automation for $5.5 million, significantly expanding its automation and digital capabilities while adding over $60 million in annual revenue.

Alice Queen Limited is updating its Horn Island Gold Project scoping study following a dramatic gold price increase, while engaging GBA Capital to explore financing options.

RocketDNA has raised $4 million through a well-supported placement to accelerate production and software development, following significant contract wins with mining giants BHP Mitsubishi Alliance and Gold Fields.

Catalyst Metals has doubled its Plutonic Gold Belt reserves to 1.5 million ounces, setting the stage to double annual gold production to 200,000 ounces over the next decade. The company’s strategic mine developments and exploration programs underpin a confident growth trajectory.

Energy Transition Minerals Ltd has acquired the Penouta tin-tantalum-niobium mine in Spain at a significant discount, raised A$18 million in capital, and received a key arbitration ruling on its Greenland rare earths project.