Latest Operational Costs News

PEXA contested IPART’s regulatory approach to setting its Initial Asset Base during a public hearing, warning that the proposed valuation could jeopardise its financial sustainability and operational stability.

New Murchison Gold Limited's Crown Prince Gold Mine sustained robust production with 15,455 ounces sold in the June quarter, while the Garden Gully Gold Project’s resource estimate jumped 47% to 359,000 ounces. Mining has now commenced at the Cloudkicker open pit, supporting growth and operational flexibility.

Hillgrove Resources boosted copper production and cash flow in the June quarter, hitting a 1.8Mtpa run rate at Kanmantoo and securing approval for the Emily Star underground development.

Contact Energy's June 2026 operating report reveals rising electricity and gas sales alongside a sharp decline in generation costs and robust hydro storage. Renewable projects continue to advance, supporting the company’s clean energy ambitions.

Yancoal's June quarter saw a 20% jump in attributable saleable coal production to 10.8 million tonnes, supported by rising realised coal prices and operational improvements. The company advances its strategic growth with the pending acquisition of an 80% stake in the Kestrel Coal Mine, while planning to close Ashton mine by early 2028.

Truscott Mining (ASX: TRM) is pressing ahead at its Tennant Creek projects, updating its flagship Westminster resource and confirming structural gold mineralisation from recent drilling. Expansion plans across North Tennant and Barkly projects underpin a disciplined, multi-year exploration strategy.

Stavely Minerals advances its Freddy’s Find gold-silver discovery with deep diamond drilling confirming low-sulphidation epithermal mineralisation, while its Thursday’s Gossan and Cayley Lode copper-gold-silver Scoping Study enters final documentation.

Critical Minerals Group’s Pre-Feasibility Study for its Lindfield Vanadium Project delivers a robust $821 million pre-tax NPV and 26.6% IRR, setting the stage for a Definitive Feasibility Study and potential final investment decision in 2027.

VHM Limited has secured a binding rare earths offtake and a A$40 million convertible note from Iluka Resources, underpinning the Goschen Project's path to production by late 2027.

South32 has outperformed its FY26 production guidance, boosted quarterly sales by 15%, and announced a strategic sale of aluminium assets to Alcoa for up to US$5.6 billion, pivoting towards a base metals-focused portfolio.

Fletcher Building and the New Zealand Government have struck a $60 million deal to keep Golden Bay Cement's Northland plant operational until at least 2040, safeguarding a critical domestic supply chain and addressing carbon cost challenges.

International Equities Corporation Ltd (ASX:IEQ) posted a modest profit for the June 2026 quarter, reversing prior losses amid a challenging economic backdrop that forced the company to exit its hotel and tourism activities.