Latest Operational Recovery News

NTAW Holdings has secured an extension of its financial covenant waiver from Commonwealth Bank, easing short-term credit pressures while continuing repayments on its borrowing facility.

The Star Entertainment Group reported a 10% drop in H1 FY26 revenue, offset by a 71% improvement in EBITDA, while navigating ongoing licence suspensions and a critical refinancing process.

Polymetals Resources has reported its maiden revenue from the Endeavor Mine with first concentrate shipments, yet posted a substantial half-year loss of $34.5 million. Operational setbacks and exploration advances mark a pivotal phase for the company.

Bapcor Limited reported a statutory loss of $104.8 million for the first half of FY26 and announced a fully underwritten $200 million equity raising to strengthen its balance sheet and support operational recovery.

MLG Oz Limited reported a robust HY2026 with statutory net profit after tax soaring 73.2% to $7.1 million, driven by strong demand in the gold sector and operational resilience despite early weather setbacks and a safety fine.

29Metals Limited has initiated a fully underwritten $150 million entitlement offer at $0.40 per share, aiming to bolster its growth projects and operational recovery following seismic disruptions. The retail offer opens on 28 January and closes on 11 February 2026.

Polymetals Resources has resumed operations at its Endeavor Mine following a tragic incident, completing first concentrate shipments and securing $34.4 million in new capital to support exploration and ramp-up.

Northern Star Resources has confirmed a downgrade to its FY26 gold production guidance following operational challenges, including a primary crusher failure and processing issues at key sites. The company affirms compliance with ASX disclosure rules and outlines the timeline of its awareness and announcements.

Polymetals Resources has bolstered its financial position with new loan facilities and option exercises following a fatal incident at its Endeavor Mine, which has now resumed continuous operations.

Polymetals Resources has restarted mining and milling at its Endeavor silver zinc mine following a tragic accident, with shipments and exploration activities ramping up.

New Hope Corporation reported a 7.1% rise in quarterly saleable coal production and a 15.5% jump in underlying EBITDA, driven by operational improvements and easing logistics. The company declared a fully franked dividend and set a cautiously optimistic FY26 production target amid ongoing challenges.

Synlait Milk Limited has temporarily expanded its banking facilities by NZ$50 million to manage ongoing cost impacts from earlier manufacturing challenges, while preparing to reduce debt through a major asset sale.