Latest Trucks News

Cummins delivered record third-quarter EBITDA and a sharp rise in profit, powered by strong demand for power generation equipment linked to data centre construction. But the company narrowed its full-year revenue growth outlook as North American pickup truck demand weakened.

Aureka has secured a seven-year Prospecting Licence for its Comstock gold and silver project near St Arnaud, Victoria, creating a regulatory pathway to assess a return to mining at the historically disturbed site. The approval does not authorise mining, with further consents, work-plan approval, technical studies and funding still required.

Regions Financial expects fourth-quarter net interest income to rise 1% to 2% sequentially, while third-quarter adjusted earnings reached US$622 million. The bank also reported improving non-performing loans and net charge-offs, but flagged interest-rate and commercial credit risks that remain central to its outlook.

Strategic Elements has secured its first commercial mining contract for Stealth Technologies’ EdgeiQ OnSite platform, worth approximately A$225,000 initially. A separate EdgeiQ Portable pilot has also launched after five underground trials with a Tier 1 mining company, giving the venture two potential routes into mining operations.

St Barbara has restarted ore processing at its Touquoy operation in Nova Scotia on schedule, with first gold doré targeted for January 2027. The company has set FY27 production guidance of 17,000 to 21,000 ounces alongside substantial spending on growth, reclamation and exploration.

Janus Electric has mapped out an expansion across five US regions and Western Australia after building a 124-truck North American order book worth approximately A$64.6 million gross. The company reiterated FY27 revenue guidance of A$70 million to A$100 million, but delivery remains dependent on incentives, financing, battery supply and execution.

Sunrise Energy Metals has approved development of its Syerston Scandium Project in New South Wales, targeting first commercial production in the second half of 2028. The decision moves the project into construction while leaving financing, listing and execution milestones ahead.

Macro Metals lifted mining services work performed to approximately A$2.8 million in the September quarter as its first BHP Mt Goldsworthy package ran ahead of schedule. The operational progress comes alongside a thin A$392,000 quarter-end cash balance, followed by a proposed A$3.28 million funding package to accelerate Pilbara exploration.

Alvo Minerals has expanded its Bluebush heavy rare earth project in Brazil, with new ground, encouraging clay intercepts and Florence drilling advancing toward a maiden resource. But quarter-end cash of A$227,000 covered only 0.28 quarters of reported outgoings before a subsequent A$1 million placement and option exercises.

Vertex Minerals has secured approval for round-the-clock underground operations at its Reward Gold Mine, removing the company’s stated biggest production constraint. The operational opening arrives alongside modest quarterly output, a sharply revised resource and reported cash coverage of less than half a quarter.

Korvest expects its first-half FY27 trading result to come in significantly above the prior corresponding period and ahead of the stronger second half of FY26. The outlook follows record FY26 revenue, a growing order book and major investment in manufacturing capacity.

Caravel Minerals has completed the mining component of its Caravel Copper Project feasibility study, but the full DFS has slipped into the fourth quarter of 2026. The company is also reviewing process plant costs while holding $16.8 million in cash and reporting an estimated 4.6 quarters of funding at the quarter’s outflow rate.