Latest Operational Upgrades News

Alkane Resources reported a robust FY2025 with a 87% jump in profit after tax to A$33 million, driven by higher gold production and prices. The company also completed a transformative merger with Mandalay Resources, creating a diversified gold and antimony producer.

Inghams Group reported a stable FY25 underlying EBITDA pre AASB 16 at $236.4 million, with strong New Zealand growth offsetting challenges in Australia. The company outlines a cautious but optimistic FY26 outlook, focusing on cost reductions and operational efficiencies.

Vault Minerals reports a robust FY25 with soaring gold production and profits, underpinned by operational upgrades and a strategic share buy-back.

Sims Limited reported a 4.1% increase in sales revenue to A$7.494 billion for FY25, alongside a 48.1% jump in underlying EBITDA to A$430 million. Despite a statutory net loss, the company declared a fully franked final dividend of 13 cents per share, reflecting confidence amid market challenges and portfolio reshaping.

New Zealand Coastal Seafoods Limited has completed a major vessel upgrade, attracted international investment, and is preparing to resume ASX trading after strategic corporate changes.

Alara Resources has successfully commissioned new tailings filter presses at its Al Wash-hi Majaza project in Oman, significantly boosting production efficiency and concentrate output.

Asara Resources has kicked off Phase 1 drilling at its Massan Deposit in Guinea’s Kada Gold Project, while resolving a key legal dispute in Chile and maintaining a solid cash position of A$3.2 million.

Kingston Resources has completed the $95 million sale of its Misima Gold Project, bolstering its balance sheet and enabling accelerated growth at its Mineral Hill mine in NSW. The company reports strong operational progress and promising high-grade drilling results.

Praemium Limited reports a 2.2% increase in funds under administration for Q4 FY25, driven by strong gains in Spectrum and SMA platforms, alongside operational upgrades including AI-driven initiatives. However, OneVue platform experiences a significant decline.

Alkane Resources has met its FY2025 gold production guidance with 70,120 ounces from Tomingley, while significantly strengthening its cash and investment position.

Hearts & Minds Investments Limited is reshaping its leadership by appointing seasoned executive Richard Howes as part-time Managing Director, following operational upgrades under outgoing CEO Brett Jollie.

Garda Property Group has upgraded its FY25 Funds from Operations guidance by 12%, maintaining distributions while preparing for the North Lakes sale settlement in August 2025. The sale proceeds will significantly reduce gearing, with capital gains tax implications deferred to FY26.