Latest Operational Disruptions News

Story-i Limited reported a significant AUD 24.17 million loss for FY2024, driven by the receivership and liquidation of its Indonesian Apple reseller business. The company is now focused on recapitalisation and securing new investments to revive operations.

Predictive Discovery faces revocation of key exploration permits in Guinea but retains critical Bankan project permits, with exploitation application progressing through regulatory channels.

Catalyst Metals Limited has secured A$150 million in equity to fund organic growth and exploration across its flagship Plutonic Gold Belt and Bendigo Gold Belt projects. The company aims to nearly double gold production to around 200,000 ounces per annum while reducing costs through strategic acquisitions and infrastructure leverage.

Newfield Resources has taken a significant step forward with a new management partnership for its Tongo Diamond Mine, while facing legal challenges over the termination of its Tonguma Mine agreement.

Alliance Aviation Services has updated its FY25 financial guidance, aiming for EBITDA between $205-210 million while navigating operational disruptions and planning significant debt reduction by 2026.

FleetPartners Group Limited reported resilient 1H25 results with 6% growth in assets under management and a 13% rise in normalised earnings per share, despite temporary operational setbacks from its Accelerate system upgrade.

FleetPartners has wrapped up its Accelerate transformation, boosting operational efficiency and asset growth, even as net profit after tax excluding amortisation dipped 7% in 1H25. The group announced a $25.3 million share buy-back and a new Chief Strategy Officer to spearhead growth.

Transurban Group is streamlining operations with a workforce reduction of around 300 roles, targeting over $50 million in annual cost savings while maintaining its FY25 distribution guidance.

VDM Group Limited faces suspension on the ASX due to a joint venture dispute in Angola, halting exploration activities. The company is pivoting towards new critical minerals projects in Australia to restore trading and investor confidence.

RBR Group Limited completed a $1.3 million capital raise and strengthened its position in Mozambique’s LNG sector through key tender submissions and a strategic partnership with Field Ready-Getenergy group.

OM Holdings Limited has reported Q1 2025 production in line with guidance, completed a significant refinancing, and highlighted ongoing operational trials amid evolving market conditions for ferrosilicon and manganese.

ADX Energy Ltd reported a solid cash balance of A$6.67 million at the end of Q1 2025, despite significant investment in exploration activities and ongoing loan repayments. The company’s quarterly cash flow highlights its commitment to advancing projects while managing financial stability.