Latest Mining Sector News

Volt Group’s HY26 results showcase a surge in revenue and cashflow, powered by the 4D Delta acquisition and strong performances across its subsidiaries.

BHP Group has updated its dividend announcement with South African Rand currency details and confirmed a fully franked USD 0.99 dividend for the six months ending June 2026. Shareholders can elect to receive payments in five currencies, with a Dividend Reinvestment Plan available at no discount.

Westgold Resources delivered a landmark FY26 with record gold output, soaring profits, and a strong balance sheet underpinning a 10 cents per share fully franked dividend.

Alfabs Australia delivered an 11% revenue increase and improved free cash flow in FY26, progressing its debt restructuring and setting the stage for dividend reinstatement.

Vysarn Limited reported a robust 31.5% increase in revenue to $140 million for FY2026, driven by strong performances across its industrial, advisory, and technology segments. The company is accelerating its national footprint with strategic acquisitions and progressing the Kariyarra Water Scheme.

McGrathNicol Restructuring has been appointed voluntary administrators to Australian Pacific Coal and several subsidiaries, signalling a critical phase in the company’s financial and operational review. The Dartbrook Mine sale continues under receivership, with shares remaining suspended.

Piche Resources Limited has had its PR2OA security class suspended from trading by the ASX until it meets specific listing requirements, affecting only this class of securities.

Mitchell Services (ASX:MSV) posted a strong FY26 with revenue up 5% to A$207.4 million and EBITDA surging 67% to A$42.8 million. The company returned to a net cash position of A$3.5 million and declared a fully franked 2 cent dividend, reflecting robust operational execution and a strategic pivot towards gold.

Lowell Resources Fund (ASX: LRT) reported a 48.7% increase in profit to nearly $33 million for FY2026, alongside a 37.6% rise in net assets to $99.5 million, driven by strong junior resources sector performance despite mid-year commodity volatility.

A2MP Investments has pushed back the deadline for its takeover bid for Canyon Resources, giving shareholders more time to review key documents amid ongoing conditionality.

SQX Resources launches a fully underwritten $2.47 million rights issue at a 31% discount to fund accelerated exploration across key US and Australian projects.

CZR Resources Ltd (ASX:CZR) has launched an all-scrip off-market takeover bid for Zuleika Gold Limited (ASX:ZAG), offering 0.1742 CZR shares per Zuleika share, valuing Zuleika at approximately $44.8 million and representing a premium of over 40% to recent prices.