Latest Operational Efficiency News

Octava Minerals reports impressive bioleaching recoveries of critical minerals from its Byro project, prompting plans to acquire full ownership and expand exploration activities.

Australian Unity Limited has opened a $101 million non-renounceable entitlement offer alongside a $160 million placement, aiming to strengthen its balance sheet and support ongoing acquisitions. The company also announced the appointment of Kelly Bayer Rosmarin as its next CEO, signaling a new chapter in leadership.

Perpetual Resources’ maiden drilling at the Igrejinha Project confirms a fertile polymetallic lithium-caesium-tantalum system with grades surpassing global mining benchmarks. The discovery validates its strategic foothold in Brazil’s Lithium Valley and sets the stage for expanded exploration.

Cryosite Limited has inked a deal to acquire a strategic freehold warehouse in Auburn, NSW, doubling its storage capacity and positioning itself for significant growth in clinical trial logistics.

Excite Technology Services has raised $2.1 million through convertible notes from institutional investors, including key backer Belgravia Strategic Equities, to fund cost restructuring and operational improvements.

AXP Energy has successfully logged hydrocarbons across several zones in its Charlie #1 well in Oklahoma and is preparing for hydraulic fracturing with production expected by the end of October.

Bravura Solutions has raised its FY26 revenue and cash EBITDA guidance, citing a strong British pound and increased project activity in EMEA as key growth drivers.

Auric Mining has completed the acquisition of the Burbanks Gold Processing Facility for $4.4 million, positioning itself to control its gold production cycle and accelerate growth.

Westgold Resources unveils a conservative, fully funded three-year plan to increase gold production from 326koz to 470koz annually by FY28 while reducing costs. The strategy leverages existing assets and processing hubs, with key expansions and exploration investments underpinning growth.

Alma Metals reports steady progress on deep diamond drilling at the Briggs Copper Project, confirming mineralisation consistent with recent models and nearing completion of a key scoping study.

St Barbara Limited forecasts a 21% increase in gold production for FY26 at its Simberi Operations, with costs expected between A$4,000 and A$4,400 per ounce. However, key capital investment decisions hinge on unresolved Papua New Guinea tax assessments and mining lease approvals.

Tamboran Resources is set to acquire Falcon Oil & Gas, creating a dominant player with approximately 2.9 million net prospective acres in Australia's Beetaloo Basin. The deal, valued at over US$500 million pro forma, aims to strengthen Tamboran's development footprint and shareholder base.