Latest Operational Efficiency News

Sims Limited is consolidating its Houston footprint by acquiring Tri Coastal Trading assets and selling its Mayo Shell property, aiming to boost EBITDA and cut costs significantly.

Nagambie Resources has formally issued a Right of First Refusal notice to Southern Cross Gold, setting a March deadline that could determine the fate of its proposed joint venture with Alkane Resources.

Reach Resources reports exceptional metallurgical test results from its Murchison South Gold Project, highlighting high gold recoveries and favourable processing characteristics that support toll milling potential.

Western Gold Resources has taken a decisive step towards production at its Gold Duke Project by awarding pre-mining contracts and appointing SSH Mining as the mine operator, setting the stage for Q1 2026 mobilisation.

Bhagwan Marine Ltd has announced a transformative $120 million acquisition of Riverside Marine Holdings, significantly enhancing its scale, profitability, and market reach. The deal is expected to lift FY26 revenue to $346 million and deliver a 14% EPS accretion.

Mammoth Minerals has completed the sale of its Paterson Project, redirecting resources to accelerate drilling at its Excelsior Springs Gold-Silver Project in Nevada, with assay results expected soon.

X2M Connect Limited reported a robust first half of FY26 with a 45% revenue increase and significant contract wins in Asia, positioning the company for sustained growth.

Native Mineral Resources has made early repayments totalling nearly $2 million on its Collins St finance facility, reducing its debt well ahead of schedule. This move underscores the company's robust cash flow and strategic focus on its Charters Towers gold projects.

Bravura Solutions has raised its FY26 revenue and cash EBITDA guidance, reflecting robust project engagement and disciplined cost management. The company also plans increased investment in internal technology.

CAR Group Limited has reported a strong first half for FY26, posting 13% revenue growth and reaffirming its optimistic outlook for the full year, driven by strategic AI integration and global market expansion.

CAR Group has reported strong first-half results for FY26, with double-digit revenue and earnings growth across all key regions, underpinned by strategic AI investments and expanding market presence.

FirstWave has unveiled a strategic shift towards AI-powered compliance management, backed by strong user growth for its Open-AudIT platform and significant cost savings from restructuring.