Latest Mining And Infrastructure News

The Mongolian government has officially endorsed a key highway project under a public-private partnership, aligning with Aspire Mining’s infrastructure plans and significantly de-risking its Ovoot Coking Coal development.

Terrain Minerals has initiated an induced polarisation geophysical survey over its Wildflower Gold Prospect, aiming to pinpoint sulphide zones beneath known gold mineralisation. With drilling approvals secured and promising nearby results, the company is poised for a pivotal exploration phase.

Platina Resources has acquired a 100% interest in the Mt McKenna Gold Project in Western Australia’s Laverton district, a region known for multi-million-ounce deposits. Early exploration results and strategic location near major mines set the stage for an aggressive drilling campaign.

Verbrec Limited has reported its strongest financial performance in over a decade, with record gross margins and a return to profitability, alongside the reinstatement of dividends. The company is positioning itself for growth in sustainable energy sectors amid a cautious but optimistic outlook for FY2026.

WestStar Industrial reports a 36% revenue decline and a $3.4 million net loss in FY25, driven by reduced activity at SIMPEC. New contract wins post-year-end signal a potential turnaround for FY26.

Boom Logistics has appointed Lester Fernandez as Interim CEO following Ben Pieyre’s departure, with Chair Kieran Pryke stepping up to support the transition. A permanent CEO search is underway, signaling a pivotal moment for the company’s leadership.

Mayfield Group Holdings Ltd has reported a landmark financial year with revenues soaring nearly 38% and profits climbing over 32%, driven by strong demand in Data Centres and AI infrastructure sectors.

Horizon Minerals is progressing its Pre-Feasibility Study to convert the Black Swan plant to gold production, aiming for a 1.5Mtpa throughput and a Financial Investment Decision by early 2026.

Metals X Limited reported a robust half-year to June 2025 with profit after tax soaring 256% to $52.9 million, driven by higher tin sales and prices from its Renison joint venture. The company also progressed key projects and deepened strategic investments while reinforcing its ESG and safety frameworks.

Tasmea Limited reported a robust FY25 with revenue surging 37% to $548 million and profit after tax rising nearly 75%, driven by four key acquisitions expanding its infrastructure services footprint.

Lindian Resources has approved the Final Investment Decision for its Kangankunde Rare Earths Project, securing full funding and a strategic partnership with Iluka Resources. The company is raising A$91.5 million via institutional placement to advance development and expansion plans.

Tungsten Mining has launched a 10-week Scoping Study to explore a phased development approach at Mt Mulgine, starting with an oxide gold project to generate early cash flow before advancing to tungsten and molybdenum production.