Latest Processing News

Aeris Resources finished FY26 with $178.5 million in net profit, $290.2 million of EBITDA and no material debt, while Tritton’s copper reserves expanded sharply. The challenge now shifts from rebuilding the balance sheet to converting a larger resource base into sustained production.

Cleanaway has told ASX it knows of no undisclosed information behind a sharp intraday share-price fall. The company said it will provide another update on EQT’s proposed takeover before trading begins on 19 October.

Minerals Exploration has expanded its New Zealand exploration pipeline after broad gold intersections at Jubilee South and high-grade tungsten results at Invincible. The next phase is more ambitious, but A$1.96 million in cash covers only 1.91 quarters at the latest spending rate.

Macro Metals has completed its A$1 million acquisition of the Yandi South Iron Ore Project, receiving previously undisclosed geological data that identifies nine additional prospects. Surface samples returned iron grades as high as 66.2%, but drilling is still needed to establish continuity, thickness and depth.

St Barbara reported a $489.7 million FY26 statutory profit, but almost all of it came from the deconsolidation of New Simberi Gold rather than recurring operations. The annual report also confirms a debt-free balance sheet, a 5-cent fully franked dividend and a portfolio moving from transaction-making to project delivery.

Manuka Resources says Wonawinta has reached full gold processing capacity, with its second gold delivery now on route to the ABC refinery. The company plans to shift from fortnightly to weekly sales before commissioning the silver circuit in December.

Latrobe Magnesium says its Phase 1B demonstration plant is 95% installed and 35% commissioned, keeping first magnesium metal crowns above 98% purity on track for the end of 2026. The operational advance comes alongside a tight funding position, an extended A$3.4 million entitlement offer and an ambitious South Carolina expansion plan.

Maggie Beer Holdings will retain Hampers and Gifts Australia after deciding third-party proposals failed to reflect the business's value. The decision shifts the focus from a potential sale to a turnaround strategy for a business that generated $41.4 million in FY26 sales but only a 2.5% EBITDA margin.

Vysarn delivered another year of rapid earnings growth, with revenue rising 31% and net profit after tax climbing 41% to $15.11 million. The bigger test now is whether its $65.3 million capital raise and Welltech acquisition can turn a growing collection of water businesses into a genuinely national platform.

Forrestania Resources says Edna May could process first ore and begin gold production in mid-December 2026, bringing forward the company’s near-term production pathway. The target remains conditional on final equipment arriving and being installed on time.

Aura Energy’s Tiris uranium project has emerged from its bankable feasibility study with a US$500.3 million post-tax NPV and a target to produce by the end of 2028. The economics are substantial, but the funding package is not secured and nearly one-third of the mine plan relies on Inferred Resources.

InFocus Group has signed its first Codexa ROW customer, with a conditional agreement that could deliver at least USD 2.4 million over 24 months. The company must first build and validate a prediction markets module, secure regulatory readiness and complete the customer's licensing and SPV arrangements.