Latest Transportation News

Forrestania Resources has contracted Como Engineers to deliver a fully automated modular gold processing plant for its Lake Johnston facility, marking a key step towards production. The $5.57 million plant will be pre-assembled and hot tested to streamline commissioning.

Flynn Gold has initiated its first diamond drilling program in nearly 80 years at the Silver King prospect in Western Tasmania, aiming to test high-grade silver-lead-zinc mineralisation along a historically rich trend. This staged program seeks to validate and extend historical findings with modern exploration techniques.

Basin Energy's maiden drilling at the Sybella Barkly Project confirms a significant sediment-hosted rare earth element system alongside promising uranium mineralisation, setting the stage for expanded exploration in Queensland.

Alliance Aviation Services reported a $105.8 million half-year loss driven by significant impairments on its Fokker fleet, even as revenue rose 7.9% on wet lease and aviation services growth. The company is executing a strategic turnaround including fleet renewal and operational realignment.

MaxiPARTS Limited reported a modest 1.8% revenue increase to $139.3 million for the half-year ended December 2025, while net profit after tax dipped slightly by 2%. The company raised its interim dividend to 4.15 cents per share, reflecting confidence in its growth initiatives and cash flow outlook.

Golden Dragon Mining has resumed drilling at its Coodardy gold target, aiming to extend a newly defined high-grade gold trend over a 700m strike in Western Australia’s Cue Gold Project. The program also initiates exploration at the promising Behring Bore target.

Ventia Services Group Limited reported a 23.6% increase in profit after tax for FY25 to $272.2 million, alongside record contract wins and a strong sustainability agenda. The company declared a 12.54 cents per share final dividend, underscoring its commitment to shareholder returns and operational excellence.

AIC Mines Limited reported robust half-year results for December 2025, boosted by higher copper and gold prices despite weather-related sales disruptions. The company’s Jericho project and Eloise plant expansion remain on track, underpinning growth prospects.

Swift TV has secured its first contract to supply hardware and engineering services for a Walk to Work vessel linked to a major offshore Oil and Gas operator, marking a strategic entry into a key sector.

Auckland International Airport reported a 6% rise in underlying profit for the first half of FY26, driven by passenger growth and key infrastructure projects. The airport also narrowed its full-year guidance while navigating global fleet capacity challenges.

Venari Minerals has revised its Exploration Target for the Red Mountain Lithium Project in Nevada, revealing a potential lithium resource up to 18.6 million tonnes of Lithium Carbonate Equivalent. The company plans extensive drilling and sampling in 2026 to expand and upgrade this promising resource.

Jayride Group Limited reports a narrower quarterly loss amid revenue challenges, secures $200,000 through convertible notes, and inks a new SaaS agreement with Thailand’s Drivemate to expand its mobility platform.