Latest Operating Costs News

BWP Trust and Wesfarmers have agreed on a transformative $142.6 million transaction involving management internalisation, lease extensions with Bunnings, and capital commitments to upgrade stores, aiming to boost income certainty and distribution growth.

FirstWave Cloud Technology has renewed its key email security agreement with Telstra, securing ISM-compliant services for federal agencies while preparing for a notable revenue decline offset by cost savings and growth via AWS.

Carnegie Clean Energy has secured $335,020 in funding from the Blue Economy CRC to progress the preliminary design of its MoorPower commercial pilot, aiming to revolutionize offshore aquaculture energy use.

Neometals’ joint venture Reed Advanced Materials has signed a non-binding MoU with Rio Tinto to collaborate on advancing the ELi Process, a lithium hydroxide production technology promising significant cost and environmental benefits.

Australian Rare Earths Limited has achieved over 60% recovery of magnet rare earths in a bulk heap leach test at its Koppamurra project, demonstrating rapid leach times and scalability that underpin its low-cost development strategy.

Coda Minerals reports a metallurgical breakthrough at its Elizabeth Creek project, achieving copper recoveries up to 95.9% and silver recoveries of 97.3% using whole-ore leach techniques, promising significant cost savings and project simplification.

New Murchison Gold Limited has secured all key approvals and mobilised equipment for mining at its Crown Prince Gold Project, with first ore delivery expected by September 2025. The company also announced a $15 million capital raise to support its transition from explorer to producer.

QMines Limited reveals metallurgical test results supporting a doubling of throughput at Mount Chalmers to 2Mtpa, boosting metal recoveries and expanding the mine plan to include Develin Creek and Mount Mackenzie.

Summit Minerals reports promising first-pass metallurgical results from its Equador Project in Brazil, showing strong potential for producing high-grade tantalum and niobium concentrates using straightforward density separation methods.

Predictive Discovery’s Definitive Feasibility Study for the Bankan Gold Project confirms robust economics with a 12.2-year mine life producing 250,000 ounces annually and a post-tax NPV of US$1.6 billion. The study outlines a clear path to construction and production in Guinea, backed by strong financial returns and environmental approvals.

Fortifai Limited has successfully raised $2.3 million through an upsized share placement, aiming to bolster its AI Gaming Lab and technology partnerships. The capital injection will support ongoing operations and strategic growth initiatives.

Victory Metals has landed a US$10 million unsecured loan from Saudi Arabia’s sovereign wealth fund, marking a strategic boost for its North Stanmore rare earths project in Western Australia.