Latest Operating Costs News

Sun Silver has engaged global engineering firm Ausenco to lead critical concept and scoping studies for its Maverick Silver Project in Nevada, aiming to underpin a maiden Scoping Study by late 2026. The move leverages Ausenco’s North American precious metals expertise and comes as silver prices hover near US$77 an ounce, bolstering project economics.

Virgin Australia navigates a doubling of jet fuel prices with robust hedging and fare adjustments, maintaining its FY26 earnings outlook despite rising costs.

Elevate Uranium announces a maiden Inferred Mineral Resource of 10.1 million pounds U3O8 at Namib IV, boosting the Koppies Project resource to 76.2 Mlb and Namibia’s total uranium inventory to 106.4 Mlb. The deposit remains open for expansion amid ongoing drilling and proprietary processing developments.

GoldArc Resources is pushing aggressively towards near-term production at its Leonora Gold Project, leveraging over 24,000m of recent drilling and strategic partnerships that cover development costs. The company aims to start mining by late 2026, backed by a 200,000oz JORC resource and a seasoned technical team.

Promisia Healthcare lifted its group-wide care occupancy to 94% in March 2026, driven by a strong turnaround at Nelson Street and steady performances at key sites. The company also nears completion of its Ranfurly Manor care suite sales program and greenlights solar panel installations to curb energy costs.

Zoono Group has boosted its cash receipts by NZ$333,000 this quarter, driven by initial orders worth NZ$585,000 in its fresh food shelf-life extension sector. Despite operating losses, the company expects to sustain operations through signed contracts and inventory.

Polymetals Resources has hit a production milestone with the start of high-grade Upper North Lode mining and first Direct Shipping Ore sales, driving a surge to $27.8 million revenue and positioning the Endeavor Mine for sustained growth.

ReadCloud Limited posted a record $5.2 million in quarterly cash receipts for Q2 FY26, driven by surging demand in its school-focused ReadCloudVET and eBooks divisions. The company now serves 440 schools and is on track to meet its FY26 financial targets without raising capital.

Prospect Resources has revealed significant new gold assay results from Nyungu Central, part of its Mumbezhi Copper Project in Zambia, confirming gold's broad presence alongside copper and cobalt. This discovery could materially improve project economics through valuable by-product credits.

Vectus Biosystems has completed the sale of its VB4-P5 renal fibrosis compound to Canadian biotech XORTX, receiving a near 10% equity stake and warrants. This move aligns with Vectus’ strategy to develop drug candidates to a stage attractive to partners while focusing on its lead compound VB0004.

Vulcan Energy’s Lionheart Project in Rhineland-Palatinate will benefit from a five-year royalty exemption on lithium production, reinforcing Germany’s push for domestic critical material supply and boosting the project’s economic outlook.

DGL Group Limited (ASX: DGL) posted a statutory net loss of $12.8 million for the half year ended December 2025, impacted by non-cash write downs and operational costs, while progressing strategic initiatives including warehouse expansion and a new liquid waste treatment plant.