Latest Operational Risks News

Star Minerals has entered a strategic partnership with Catalyst Metals, securing a gold milling agreement for its Tumblegum South project and selling its West Bryah Basin copper-gold assets for $2.75 million. Catalyst also commits to a $1 million equity placement in Star Minerals, underpinning the company’s development plans.

Horizon Minerals unveils robust scoping study results for its Black Swan Project in WA, outlining a low-capital, high-return gold development targeting 102,000 ounces annually. The company launches a $175 million placement to fund construction and advance operations toward mid-2027 commissioning.

29Metals has successfully completed the retail portion of its entitlement offer, raising $31 million and finalising a $150 million capital injection to support its growth ambitions.

Westpac Banking Corporation reported a steady net profit of AUD 1.9 billion for the first quarter of 2026, underpinned by stable margins and robust capital ratios. The bank’s credit quality and funding position remain resilient amid a cautious economic outlook.

Peel Mining has agreed to sell its South Cobar Copper Project to Aeris Resources in a $214 million transaction, while spinning off its remaining assets into a new ASX-listed company, NewCo. The deal offers Peel shareholders immediate value and ongoing exposure to a diversified metals portfolio.

Tamboran Resources has appointed Todd Abbott as CEO and made significant progress in drilling and infrastructure development in the Beetaloo Basin, aiming for first gas sales in the third quarter of 2026.

Macquarie Group reports solid 3Q26 results with robust profit growth across divisions and a strong capital surplus, underpinned by strategic technology investments and regulatory compliance.

Kairos Minerals has received the final $10 million payment from Pilbara Minerals under a key tenement sale, lifting its cash reserves to $35 million and setting the stage for expanded exploration and feasibility studies at the Mt York Gold Project.

US1 Critical Minerals Limited has launched a substantial options offer to existing shareholders and institutional investors, aiming to raise up to $5.9 million upon exercise, while navigating ongoing litigation and capital challenges.

Barton Gold Holdings has launched a Definitive Feasibility Study and appointed Bedrock Advisory Partners to steer financing for its Stage 1 operations at Central Gawler Mill, following a significant resource upgrade.

Barton Gold Holdings has kicked off its 2026 drilling campaign at the Tunkillia Gold Project, aiming to secure Ore Reserves, complete a pre-feasibility study, and lodge a Mining Lease application by the end of the year.

Rhythm Biosciences has secured a multi-year commercial manufacturing agreement with US-based Quansys Biosciences to produce ColoSTAT® reagent kits, paving the way for broader market rollout of its colorectal cancer diagnostic test.