Latest Security Operations News

West Wits Mining has secured an initial US$12.5 million drawdown from its US$35 million Nebari facility, powering development at its Qala Shallows Gold Project in South Africa. The company reports key operational milestones, including first underground ore delivery and fleet expansion, targeting first gold pour by March 2026.

Avenira Limited reports significant progress at its Wonarah Phosphate Project, alongside key board and management changes, while maintaining a solid cash position at the end of Q3 2025.

Midas Minerals has achieved a key milestone in acquiring the Otavi Copper Project in Namibia and commenced drilling at the nearby South Otavi Project, backed by a fresh $11.5 million capital raise.

Dreadnought Resources has upgraded its scoping study for the Star of Mangaroon gold project, increasing the initial production target by 24% to approximately 24,700 ounces at 8.3 g/t gold, while halving the maximum cash drawdown to $5.4 million.

Voltaic Strategic Resources has identified new gold mineralised corridors at Meekatharra and confirmed rare earth potential at Paddys Well, while maintaining a robust cash position of A$7.9 million.

Wia Gold Limited has delivered a robust Scoping Study for its Kokoseb Gold Project in Namibia, confirming strong production potential and cost efficiency. The company also secured A$30 million to accelerate exploration and development activities.

Scout Security has raised a further $220,000 through a share placement, bringing total capital raised to $820,000, as it works toward resolving its trading suspension.

DroneShield launches its largest AI software update yet, enhancing drone detection and disruption capabilities with doubled processing power and expanded databases.

Cobalt Blue Holdings has secured a crucial works approval for its Kwinana Cobalt Refinery, pushing Australia’s first dedicated cobalt processing plant closer to a final investment decision by the end of 2025.

Spectur Limited reported a 6% revenue increase to $8.7 million and slashed its net loss by 70% to $779,000 in FY25, driven by operational restructuring and a shift toward recurring revenue streams.

Immutep Limited reported a widened loss of A$61.4 million for FY2025, driven by increased R&D and clinical trial expenses, while progressing its lead immunotherapy candidate into a pivotal Phase III lung cancer trial. The company maintains a robust cash position supporting operations through 2026.

Spirit Technology Solutions Ltd has reported a robust FY25 performance, driven by a 58% surge in Cyber Security revenue and a successful turnaround in its Secure Managed Technology segment. The company’s underlying EBITDA soared to $11 million, signaling strong momentum ahead.