Latest Mining And Infrastructure News

Great Boulder Resources has raised $5 million through a strategic placement led by Tribeca Investment Partners, positioning the company to accelerate exploration and target a one million ounce gold resource at its Side Well project.

G50 Corp’s initial drilling at the White Caps Gold Project in Nevada confirms significant high-grade gold and antimony mineralization, validating its geological model and setting the stage for expanded exploration.

Cokal Limited has secured a binding agreement with PT Petrindo to jointly fund and develop the BBM Haul Road into an all-weather route, appointing PT Petrosea as contractor to support coal transport capacity growth.

Brightstar Resources reports underground mining operations at its Laverton Hub are significantly ahead of schedule, targeting a +50% quarter-on-quarter production increase in the September quarter. The Fish Mine has turned cash flow positive, underpinning a robust growth outlook.

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.