Latest Transportation News

Pancontinental Energy has expanded its PEL 87 project offshore Namibia with two new prospects, boosting total high case prospective resources to 6.1 billion barrels net to the company. The ongoing farmout process signals growing industry interest in this promising exploration play.

Air New Zealand has revised its first half 2026 financial outlook to a pre-tax loss between NZD 30 million and 55 million, citing weaker revenue growth and rising costs. The airline is pushing cost-saving measures while highlighting uncertainties ahead.

Pure Hydrogen Corporation has locked in a $2.5 million loan facility to accelerate its clean energy vehicle rollout, aiming to capitalise on a growing sales pipeline in Australia and the US.

Trek Metals reports visible gold in diamond core and confirms widespread anomalous gold in RC assays, boosting the prospectivity of its Christmas Creek Gold Project in Western Australia.

Yari Minerals has announced a substantial 140% increase in its JORC Inferred Coal Resource at the Rolleston South Project in Queensland, now totaling 190 million tonnes. The company is actively drilling to upgrade resource confidence and confirm coal quality, positioning itself for future development.

Legend Mining has completed a comprehensive review of the Pinnacle Well Project, identifying several untested gold and base metal anomalies, while advancing exploration plans for the coming quarter.

DroneShield has promoted Angus Harris to Chief Technology Officer, reinforcing its leadership as it scales to meet rising global demand in defence markets. Meanwhile, Angus Bean shifts to Chief Product Officer to sharpen the company’s product strategy.

Iceni Gold’s latest drilling at the Guyer Trend within its 14 Mile Well Project reveals a large, evolving gold system with two distinct mineralisation styles, marking a significant step forward in exploration.

EROAD pivots strategically to prioritise ANZ electronic road user charging opportunities, revises FY26 guidance downward, and appoints John Scott as Executive Chair to steer growth.

Connexion Mobility reported a modest 1% revenue increase to $2.9 million in Q1 FY26, while net profit before tax declined 19% due to the absence of prior quarter government incentives. The company is advancing its SaaS platform footprint in US automotive retail and investing strategically in Covertrue Group.

Indiana Resources reports impressive high-grade gold intersections at its Minos Gold Project, with assays up to 13.0 g/t gold, while gearing up for a significant air-core drilling campaign at nearby Ariadne and Company Well prospects.

Savannah Goldfields is advancing steadily towards resuming gold production at its Georgetown project, with plant maintenance on track and significant ore haulage underway.