Latest Operational Challenges News

Receivers and administrators have been appointed to 54 pharmacies within the Infinity Retail Pharmacy Group, catching Paragon Care off guard despite ongoing debt restructuring talks. The company pledges to support an orderly resolution to maximise creditor returns.

Cassius Mining Limited has raised $1.16 million through a share placement to fund its Soalara project in Madagascar and support ongoing litigation in Ghana.

Orezone Gold Corporation has successfully completed commissioning of its Bomboré hard rock expansion, achieving first gold production and setting the stage for a significant increase in output next year.

Celsius Resources has announced a maiden JORC-compliant Ore Reserve Estimate for its Maalinao-Caigutan-Biyog Copper-Gold Project in the Philippines, underpinning a robust feasibility study and advancing project financing.

Beetaloo Energy has reached a Final Investment Decision for its Carpentaria Pilot Project, paving the way for gas sales from EP187 starting in 2026. This milestone follows key agreements and approvals, marking a significant step in Northern Territory’s energy development.

Native Mineral Resources reports steady gold production at Blackjack with 1,300 ounces yielded and $7.6 million revenue, while advancing regulatory and joint venture developments.

FireFly Metals has launched a dual capital raising initiative, combining a $5 million Share Purchase Plan for eligible shareholders and a C$15 million Canadian flow-through share offer, aimed at funding key development and exploration activities at its Green Bay Copper-Gold Project.

ChemX Materials Limited has emerged from voluntary administration following a Deed of Company Arrangement, while securing a significant Japanese patent for its HiPurA® High Purity Alumina process.

Bapcor Limited has revised its first-half FY26 guidance to a statutory net loss, citing weaker trade segment performance and one-off costs, while maintaining a cautiously optimistic full-year outlook supported by cost savings and leadership changes.

Eastern Gas Corporation Limited, a Pure One subsidiary, has lodged a prospectus to raise $5.5 million to advance exploration and development of its Queensland gas assets, aiming for a standalone ASX listing.

Nido Education Limited has completed the acquisition of two child care services for $6 million, projecting a $1.3 million EBIT boost in 2026. Both services boast occupancy rates above 90%, reinforcing Nido’s incubation growth strategy.

Horizon Minerals has formalised a key Land Use Agreement with the Marlinyu Ghoorlie Native Title Claimant Group, setting a cooperative framework for heritage protection and project development across its extensive eastern goldfields tenure.