Latest Production News

Lithium Universe (ASX: LU7) has completed the detailed process flow sheet for a novel hydrometallurgical technology licensed from the University of Edinburgh to extract gold and copper from electronic waste. The low-temperature, reagent-recycling method aims to disrupt traditional smelting with environmental and cost benefits.

Savannah Goldfields reports metallurgical test results showing over 70% gold recovery from sulphide ores at Electric Light and Red Dam, processed through the existing Georgetown plant. Historic data suggests flotation could boost recoveries above 94%, with further test work planned.

SciDev Ltd has completed a strategic review addressing past underperformance and is refocusing on an integrated water solutions platform targeting core markets. The company confirmed FY26 guidance with revenue of $82 to $87 million and underlying EBITDA of approximately $4 million, while maintaining a sound balance sheet.

Stealth Group Holdings has posted record preliminary FY26 results, driven by strong organic growth and the transformative acquisition of Hardware & Building Traders (HBT). The company remains on track for its ambitious FY28 sales and EBITDA margin targets.

Flight Centre Travel Group has trimmed its FY26 profit forecast due to Middle East conflict impacts on leisure travel, while launching a fresh $200 million share buy-back reflecting confidence in recovery.

Bounty Oil & Gas has finalised the first tranche of a $4 million share placement and converted $200,000 of debt into shares, bolstering its capital for drilling and development across Australian oil and gas projects.

Spenda Limited has launched the retail component of its $8.545 million accelerated entitlement offer, aiming to recapitalise, reduce debt, and support product development. Eligible shareholders can subscribe for 7 new shares per existing share, with free attaching options exercisable until 2031.

Karoon Energy has pushed back production restoration at the Who Dat E manifold to the second half of 2027, prompting a significant downgrade to its 2026 output forecast. Operational setbacks at Who Dat and weather-impacted Baúna interventions weigh on near-term volumes.

Kingston Resources is embarking on a 25,000m drilling campaign at its Mineral Hill polymetallic mine, aiming to extend mine life and boost production with a plant expansion from 350ktpa to 700ktpa.

Memphasys has locked in a 12-month exclusive supply agreement with Monash IVF for its Felix™ sperm selection system, marking its biggest commercial contract to date and setting a foundation for recurring revenue.

TZ Limited (ASX:TZL) is raising $3.08 million through a $0.50 million placement and a $2.58 million entitlement offer at 3 cents per share to repay debt, fund acquisitions, and accelerate product development.

Atomic Eagle's drilling at the Muntanga Uranium Project in Zambia has expanded key uranium mineralisation zones at Chisebuka, confirming continuity between deposits and setting the stage for upcoming drilling programs.