Latest Processing Infrastructure News

Strike Energy has secured Hancock Energy's Belisama facility as the preferred processing partner for West Erregulla gas and agreed on up to $30 million in funding to advance development, targeting first gas by mid-2029.

Broken Hill Mines Limited posted a $48.8 million loss for FY2026, driven by acquisition-related costs and re-compliance expenses, despite a 56% revenue increase reflecting production growth at Rasp and Pinnacles mines.

Evolution Mining has taken a significant step toward its full acquisition of Carnaby Resources by acquiring a 13.7% stake from the QIC Queensland Critical Minerals Fund through a share issue, reinforcing its position as Carnaby’s largest shareholder.

Verity Resources has renewed four prospecting licences in Botswana, safeguarding its stake in high-grade copper-silver and nickel-copper-PGE projects including Airstrip, Dibete, and Maibele North for another two years.

Nex Metals and its Aboriginal partner WTAC have applied for a 100ha lease to build processing infrastructure for the Kookynie Tailings Project, while metallurgical tests show promising gold recovery rates and potential tungsten by-product.

Caprice Resources has reported significant drilling success at its Island Gold Project, extending gold mineralisation at the Vadrians deposit both along strike and at depth. The results highlight a structurally controlled system with ongoing exploration potential.

Monadelphous Group Limited delivered a standout FY2026 with revenue climbing 31.5% to $2.98 billion and net profit after tax soaring 52.1% to $127.3 million, underpinned by robust contract wins and strategic acquisitions.

Accelerate Resources has delivered its highest-grade gold intercept to date at the Spencers prospect within the Balagundi Gold Project, confirming a broad and open mineralised system with significant near-surface potential.

Discovery Alaska Limited (ASX: DAF) has secured a strategic foothold in Western Australia’s Murchison Goldfields through the acquisition of the Cuddingwarra Gold Project, backed by a $900,000 placement to fund exploration and expansion.

FirstAu Limited is gearing up to drill at its First Hit gold deposit, aiming to define a maiden Mineral Resource Estimate based on historic high-grade production and extensive data.

Great Boulder Resources has reported standout high-grade gold assays from its initial drilling at the Peak Hill Gold Project, underpinning plans to boost its 481,000oz resource by the end of 2026. The company’s extensive 40,000m campaign is progressing rapidly with multiple rigs operating across key deposits.

Forrestania Resources has reported strong assay results from its recent British Hill drilling, confirming significant high-grade gold mineralisation at depth and along strike, underpinning plans for resource growth and project development.