Latest Operating Costs News

Orezone Gold Corporation posted record quarterly and half-year gold production, boosted by the Casa Berardi acquisition and Bomboré's hard rock plant ramp-up, driving strong revenue and earnings growth in H1 2026.

Lunnon Metals has completed mining at its Lady Herial gold open pit ahead of schedule, delivering a record month in July and generating $35 million pre-tax free cash flow to date.

Telstra Group Limited posted modest revenue decline but growth in profit and earnings per share for FY26, alongside a 10.5% dividend increase and a new $1 billion share buy-back. The company advances its Connected Future 30 strategy while managing a major July network outage.

Orezone Gold Corporation’s latest drilling at Bomboré reveals significant extensions and high-grade zones, setting the stage for a material resource and reserve upgrade expected in early 2027.

Sprintex has inked a co-development deal with Jiangsu Bosiwei to supply its 30kW MVR compressors for a major retrofit at Hebei Yufeng Group, marking its strategic entry into China’s booming industrial vapor compression market.

Burley Minerals has kicked off its maiden reverse circulation drilling at the Cane Bore Iron Ore Project following heritage survey clearance, targeting a substantial Channel Iron Deposit over 290 hectares. Assay results are anticipated by late September, marking a key step in advancing the Pilbara project.

Lithium Universe Limited (ASX: LU7) has reported laboratory success for its licensed GCDE technology, achieving over 99% gold recovery and 97% purity from chloride solutions and e-waste, positioning it as a greener alternative in precious metals extraction.

Helia Group’s half-year profit fell 25% to $100 million, hit by lower premiums and investment income. The insurer declared a combined 43 cents per share dividend and launched a $75 million share buy-back.

Wia Gold’s Kokoseb Gold Project in Namibia jumps to 3.78 million ounces in updated resource estimate, unveiling a maiden underground inferred resource and reinforcing its development potential.

Sky Metals releases a Pre-Feasibility Study confirming Tallebung's robust economics with a 7.3-year mine life, strong cashflows, and rapid capital payback, targeting mid-2028 production.

Accent Resources reports promising dry magnetic separation test results from its Magnetite Range Project, highlighting potential for water-efficient processing and high-grade iron concentrate production.

Stavely Minerals has released a comprehensive Scoping Study for its Thursday’s Gossan and Cayley Lode deposits in western Victoria, outlining a 13-year open pit copper-gold-silver operation with strong financial metrics and a 4Mtpa processing plant.