Latest Operating Costs News

PLS Group Limited posted a robust December Quarter FY26 with a 49% revenue jump driven by higher sales volumes and improved lithium prices, while strategically reviewing growth projects amid evolving market conditions.

PLS Group reported a robust December quarter with higher sales and revenue, while evaluating a potential restart of its Ngungaju processing plant. The company reaffirmed FY26 guidance amid improving lithium market conditions.

Genmin Limited has completed a A$25.7 million placement, cleared its debt, and made significant strides in financing its Baniaka iron ore project in Gabon, including a strategic partnership with Chinese SOE SHICO.

Argosy Minerals has made significant strides in developing its Rincon Lithium Project in Argentina, securing a crucial 40MW power connection and executing a lithium carbonate spot sales contract, all while navigating a buoyant lithium market.

Mustera Property Group reports strong sales momentum with $15.05 million contracted at its Verse on McCabe development, alongside a $3 million settlement at Forbes Residences, setting the stage for construction to begin in Q2 2026.

Lloyds Banking Group reported a robust 2025 performance with a 12% rise in statutory profit before tax and upgraded its 2026 guidance, underpinned by strong loan growth and digital innovation. The Group also announced significant shareholder returns totalling £3.9 billion, including dividends and a share buyback programme.

Far Northern Resources has resumed its Phase 2 drilling program at the Bridge Creek project in the Northern Territory, aiming to expand its gold resource. The company maintains a solid cash position, supporting ongoing exploration activities.

Ardiden Limited has completed its merger with Lac Gold, bolstering its position with a $10 million capital raise and launching a significant drilling campaign at the Rouyn Gold Project in Québec.

OM Holdings has recommissioned its Qinzhou manganese smelter in China after a four-year pause due to high power costs, signaling a strategic push to regain production capacity and market share.

Richmond Vanadium Technology Ltd continues to push forward with its Richmond–Julia Creek Vanadium Project, progressing environmental approvals and technical collaborations despite subdued vanadium market conditions.

Red Metal Limited reports significant technical progress in rare earth processing at its Sybella project alongside advancing gold and copper exploration across multiple Australian sites. The company’s strategic stake in Maronan Metals gains momentum amid rising metal prices.

Triangle Energy has secured new offshore and onshore permits in the Philippines while initiating legal action against JV partners in Western Australia, signaling a strategic pivot and operational challenges ahead.