Latest Operational Management News

Ventia Services Group has won two major Intelligent Transport Systems maintenance contracts in Victoria's Central and East regions, valued at $160 million over five years, reinforcing its transport infrastructure foothold.

The Environmental Group Limited (ASX:EGL) posted flat revenue of $112 million for FY26 but saw a sharp 44.7% fall in EBITDA and a $6 million net loss, weighed down by operational disruptions, a major ERP system implementation, and a $3 million goodwill impairment.

Aspen Group delivered a robust FY26 with 27% profit growth and an 11 cents distribution, underpinned by rental portfolio expansion and a 71% surge in development profit. The company also upgraded its FY27 guidance, supported by fresh development approvals and strategic acquisitions.

New Hope Group exceeded its FY26 coal production and sales guidance, driven by strong performances at Bengalla and New Acland mines, alongside a notable price uplift amid global supply tightness.

Carnaby Resources has released final drill results from the Greater Duchess Project, confirming two key discoveries with significant copper-gold mineralisation. The company is advancing development plans ahead of a proposed Evolution Mining acquisition.

Evolution Energy Minerals (ASX:EV1) has received official clearance from Tanzania’s Mining Commission to finalise its maiden drilling contract at the Chikundo Copper Project, advancing its local content strategy with three fully Tanzanian-owned contractors shortlisted.

Alkane Resources has expanded its Storheden gold resource near the Björkdal mine in Sweden, adding Indicated Resources and increasing contained gold by 26%. Recent drilling revealed high-grade veins along a 2.7 km strike, with mineralisation still open in multiple directions.

Racura Oncology has hit key clinical milestones in its RC220 development, including first patient dosing in a lung cancer trial and dose escalation in a cardioprotection study, supported by a strong $34.3 million cash position.

1414 Degrees has secured a Heads of Agreement to develop a gigawatt-scale AI data centre precinct powered by renewable energy at its Aurora site in South Australia.

Dr Andrew Forrest's investment vehicle has acquired a significant 16.8% stake in EQ Resources from Oaktree, marking a shift from financial to strategic ownership in the leading western tungsten producer.

Channel Infrastructure has unlocked value from decommissioned assets while the Marsden Point Biorefinery project broadens its scope to include fertiliser production, aiming to boost New Zealand’s fuel and economic security.

West Cobar Metals (ASX: WC1) has identified promising high-grade scandium drill targets at its Salazar project, alongside metallurgical testwork indicating potential for lower-cost scandium production via atmospheric leaching and bioleaching.