Latest Operational Efficiency News

Southern Palladium's latest metallurgical test work from its Bengwenyama PGM Project reveals a doubling in chromite concentrate recoveries and confirms the high-grade nature of its UG2 mineral resource, reshaping project economics and processing design.

Brookside Energy has locked in Kenai Drilling’s Rig 18 for a two-well program at its SWISH Area of Interest in Oklahoma’s Anadarko Basin, aiming to maintain momentum in its core US operations.

Tian An Australia Limited reported a statutory profit of $23.4 million for the year ended 31 December 2025, driven by strong property development sales and a gain from restructuring its major shareholder loan. The company progressed multiple residential projects and improved its net asset position amid a recovering housing market.

Cuscal Limited is set to acquire New Zealand payments provider Paymark for A$27 million, funded by a fully underwritten A$30 million institutional placement and a non-underwritten A$3 million share purchase plan. The deal, expected to complete by June 2026, will add scale and geographic diversification while being accretive to earnings in FY27.

Golden Horse Minerals has intercepted significant shallow high-grade gold mineralisation near historic workings at Southern Cross, expanding the known Hopes Hill system with promising drill results. Ongoing drilling and regional exploration set the stage for resource growth in 2026.

SRJ Technologies’ subsidiary ACE has secured a multi-year contract with Divetech, part of AD Ports Group, to deliver robotic inspection services across the UAE maritime network, potentially generating up to US$1.3 million over 18 months.

icetana AI has secured a $242,000 renewal contract with Curtin University, significantly expanding its camera licence footprint and boosting annual recurring revenue by 85%. The three-year SaaS deal underscores growing demand for campus security and reinforces the company’s recurring revenue model.

Diatreme Resources is consolidating its Far North Queensland silica assets by selling the Cape Flattery Silica Project to its joint venture with Sibelco, securing $7.4 million in fresh capital and streamlining project ownership ahead of key development milestones.

Kingsgate Consolidated delivered over 21,000 ounces of gold in the March quarter, marking its fifth consecutive quarter above this threshold, while cash reserves rose nearly 20% to A$213 million.

Xref Limited reported a 54% jump in annual recurring revenue and a 28% reduction in operational expenses in Q3 FY26, driven by strong platform adoption and strategic integrations with global HR partners.

Black Cat Syndicate has fully transitioned its Lakewood facility to process ore exclusively from its Fingals and Majestic mines, supported by a $20 million expansion plan to increase capacity and operational flexibility.

Redcastle Resources has delivered robust assay results from infill drilling at its Queen Alexandra deposit, confirming mineralisation continuity and expansion below the current pit design. The company plans a substantial grade control drilling program to sharpen mine planning within a 1.7 km gold corridor.