Latest Sri Lanka News

Sheffield Resources delivered a standout quarter with record mineral sands shipments and positive operating cashflow from its Thunderbird Mine joint venture, setting the stage for a significant production increase by 2027.

Titanium Sands Limited has raised $500,000 through a placement to advance environmental approvals and mining licence progress for its Mannar Island Heavy Mineral Project in Sri Lanka.

Ansell Limited delivered a robust FY25 half-year performance, marked by double-digit sales and earnings growth, successful KBU acquisition integration, and an upward revision of adjusted EPS guidance.

Ansell Limited reports robust FY25 half-year results, driven by strong organic sales and EBIT growth, while accelerating its KBU integration and productivity initiatives.

Titanium Sands Limited has made significant progress in securing its Industrial Mining License for the Mannar Project in Sri Lanka, while preparing for a crucial funding placement to support ongoing development.

Sheffield Resources reported a record quarterly concentrate production of 198,704 tonnes at its Thunderbird mine, alongside a strategic expansion of its zircon concentrate customer base. Despite strong operational performance, the company faces short-term financial pressures amid restructuring efforts.

Titanium Sands Limited confirms that retention applications for its lapsed Orion Exploration Licences are approved in principle, with formal renewals pending amid Sri Lankan regulatory delays. The company remains confident in progressing its Mannar Island Project and securing necessary environmental and mining approvals.