Latest Operational Improvements News

New Zealand King Salmon (NZX: NZK) has sharply upgraded its FY26 earnings guidance, citing better-than-expected summer fish growth and lower mortality. The company now expects pro-forma EBITDA between $19 million and $27 million, up from $9 million to $15 million previously.

Freehill Mining’s aggregate materials sales surged in March, with quarterly sales up 60%, while the company prioritises mine planning and permitting for its Blanco y Negro copper-gold project.

Ora Banda Mining delivered a record 38,800 ounces of gold in the March quarter, generating $76.3 million in free cash flow and boosting cash reserves to $231.7 million. The company also reported a tenfold increase in its Round Dam Mineral Resource to 1.33 million ounces, underpinning its aggressive growth strategy.

Virgin Australia navigates a doubling of jet fuel prices with robust hedging and fare adjustments, maintaining its FY26 earnings outlook despite rising costs.

Finico Pty Ltd, already holding 57.5% of DTI Group, has initiated an unconditional on-market cash offer at 1.2 cents per share for all remaining shares. Shaw and Partners will facilitate purchases from announcement through late May.

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.

Atomos Limited is acquiring Flanders Scientific to deepen its foothold in professional reference monitors, funded by a new $10 million CBA loan. The deal is immediately earnings accretive and broadens Atomos’ video production ecosystem.

WA Kaolin Limited has halted its 2026 offtake agreement with Dak Tai Trading following an ASX notification of a Listing Rule 10.1 breach. The company plans to seek shareholder ratification by mid-May while continuing ad hoc sales under arm's length terms.

360 Capital REIT (ASX:TOT) has secured five-year leases with Siemens Energy and Stack Infrastructure at its Cremorne property, raising occupancy to 96.7% and extending lease expiry profiles.

Kaiser Reef Limited (ASX:KAU) delivered 5,534oz of gold across its Henty and Maldon operations in Q1 2026, grew its cash balance to A$45.6 million, and outlined plans to address production shortfalls at Henty while expanding capacity at Maldon.

WA Kaolin Limited has initiated a partially underwritten pro-rata non-renounceable rights offer to raise up to $34.9 million, aiming to reduce debt, fund plant improvements, and restore working capital amid ongoing ASX suspension.

GR Engineering Services Limited has been awarded a $68 million EPC contract by Northparkes Mining Services, a subsidiary of Evolution Mining, to upgrade the Northparkes Coarse Particle Flotation Project in New South Wales, aiming to improve copper recovery and energy efficiency.