Latest Transport News

Aspire Mining has retained the Ovoot project’s 130.1 million-tonne JORC Coal Reserve while redesigning how the Mongolian mine is funded and built. The refreshed model forecasts a US$1.48 billion post-tax NPV10, but depends on debt raising, infrastructure delivery and a 12% Inferred Resource contribution to planned output.

CGN Resources has intersected gold at three of four targets in its maiden Christmas Well RC program, with Rocky Mountain Oyster returning the strongest result in fresh rock. The early-stage campaign supports follow-up drilling, but does not yet establish a mineral resource or confirm true widths.

Invictus Energy has awarded SLB a key well services contract for the Musuma-1 exploration well in Zimbabwe, adding another operational piece ahead of a planned November 2026 spud. Wellpad construction is progressing and Exalo has begun readiness work on Rig 202.

Catalyst Metals has lifted the Keillor gold Resource from 81koz to 307koz after a major drilling campaign, while the operating mine ramps up near the Plutonic processing plant. The company expects an Ore Reserve update to extend Keillor’s initial three-year mine life.

First Au Limited has secured a potential processing pathway for its Gimlet Gold Project through a conditional 24-month ore purchase agreement with Forrestania Resources. The arrangement could reduce the need for a standalone processing plant, but it remains dependent on permits, a board decision to mine, technical acceptance and commercial viability.

Sovereign Metals says a simple add-on circuit at its Malawi project could generate US$722 million of pre-tax value from monazite by-product recovery. The opportunity is commercially striking, but remains a preliminary scoping result dependent on further testwork, approvals, funding and customer qualification.

Kelsian’s proposed sale of its Tourism Portfolio to Journey Beyond has cleared the ACCC, removing a major regulatory condition before completion. The transaction still requires FIRB approval, contract consents and other conditions, with completion expected in 1HFY27.

Green & Gold Minerals (ASX:GG1) is raising $3.2 million through a 1-for-2 renounceable rights issue priced at 10 cents per share to fund aggressive drilling programs targeting copper-silver-tin at Herberton and gold resource expansion at Chillagoe's Mt Wandoo.

Phoslock Environmental Technologies has advanced a new range of lanthanum-enhanced phosphorus-binding products showing up to four times the capacity of current offerings, with pilot and manufacturing tests confirming strong performance and low lanthanum release. Field trials are underway, aiming for commercial sales in 2027.

TechGen Metals has wrapped up diamond drilling at its Blue Devil Project in East Kimberley, intersecting pyrite-rich sedimentary rocks and quartz-carbonate-pyrite zones that hint at an intrusive-related gold system. Initial assay results are due next month, potentially setting the stage for further exploration.

Core Lithium has finalised the sale of its remaining lithium fines stockpile at Finniss, locking in approximately A$38.5 million in incremental revenue for 2026 through a deal with Glencore.

Corporate Travel Management (ASX:CTD) has posted a $17.7 million net profit for FY26, reversing a prior $348.5 million loss, supported by UK client settlements, new debt facilities, and a governance uplift program.