Latest Sri Lanka News

Titanium Sands Limited has responded to ASX inquiries following a sharp share price drop and increased trading volume, confirming no undisclosed price-sensitive information. The company highlighted an unrelated Sri Lankan Supreme Court petition on illegal mining near its pending Mannar Island project.

Titanium Sands Limited has lodged key Industrial Mining License applications for its Mannar Heavy Minerals project in Sri Lanka, progressing environmental approvals and securing funding as the country finalises a new mineral policy.

Titanium Sands Limited has lodged an Industrial Mining License application for its Mannar Heavy Minerals Project in Sri Lanka, marking a pivotal step towards production. The project boasts a substantial mineral resource and is progressing through environmental and feasibility milestones despite recent cyclone delays.

EPX Limited has launched a Share Purchase Plan offering eligible shareholders the chance to buy new shares at $0.25 each, matching a recent institutional placement price. The plan aims to raise up to $700,000 to support the company’s growth and working capital needs.

Sheffield Resources has negotiated a waiver and deferral on senior loan repayments for its Thunderbird Mineral Sands Mine, while ongoing discussions with lenders aim to restructure project finance amid uncertain shareholder funding.

Hancock & Gore is rebranding as Schoolblazer Limited following its acquisition of Trutex, consolidating its global school uniform operations and targeting over $200 million in revenue by FY27.

Titanium Sands Limited is advancing its Mannar Island Project with the Environmental Impact Assessment nearing completion and secured funding to navigate regulatory hurdles in Sri Lanka.

Qoria Limited reported a strong start to FY2026, with annual recurring revenue climbing 25% year-on-year and record cash receipts of $46.3 million, prompting an upgrade to its full-year revenue guidance.

Sheffield Resources achieved a record quarterly concentrate production at its Thunderbird mine but faces subdued zircon sales due to challenging market conditions in China, withholding December quarter guidance.

Titanium Sands Limited has locked in $800,000 in stage two funding to complete environmental studies and advance the Industrial Mining Licence for its Mannar Island Project in Sri Lanka, backed by strong government support.

Sheffield Resources has reported a record quarter at its Thunderbird Mineral Sands Mine, with significant increases in ore mined and concentrate production, signaling a strong operational turnaround.

Ansell Limited reported record FY25 sales and EBIT margins, completing KBU integration ahead of schedule and upgrading synergy targets. The company guides higher adjusted EPS for FY26, fully offsetting US tariff hikes through pricing.