Latest Western Australia News

Brightstar Resources reports strong diamond drilling results at its Sandstone Hub, highlighting high-grade gold intercepts that underpin an imminent Mineral Resource upgrade and ongoing pre-feasibility studies.

Lefroy Exploration has achieved a major milestone with its first gold production from the Lucky Strike Gold Mine, shipping three gold doré bars to the Perth Mint. The initial toll milling campaign is progressing well, with further processing capacity negotiations underway.

Genesis Minerals has announced a recommended scheme to acquire Magnetic Resources for A$639 million, significantly expanding its gold resource base and advancing its ambitious ASPIRE 500 production goal.

Forrestania Resources has contracted Polaris Engineering to refurbish the critical crushing circuit at its Lake Johnston facility, marking a pivotal step towards gold production. The $5 million deal, payable in company shares, aligns with Forrestania’s strategic shift from developer to producer.

Perenti Limited reported steady half-year revenue of $1.73 billion with a 10.9% increase in net profit, underpinned by a $300 million Dalgaranga contract and growing drilling services in the US. The company also announced an unfranked interim dividend and a CEO transition underway.

Synertec Corporation has won operational technology contracts exceeding $1 million with Sydney Water, marking a significant step in its national expansion within Australia's water infrastructure sector.

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.

Recharge Metals Limited has inked a binding deal to acquire the Sunset Well Gold Project in Western Australia's Leonora district, featuring a 94,500-ounce inferred gold resource. The company has also secured $5.75 million in capital to kickstart drilling and exploration activities.

Boom Logistics has reported a record half-year revenue of $142.2 million for 1H FY26, alongside upgraded earnings guidance and an expanded share buy-back program, signalling strong operational momentum despite sector challenges.

Intelligent Monitoring Group Limited has significantly reduced its half-year loss while increasing revenue and adjusted EBITDA, driven by organic growth and key acquisitions in Australia and New Zealand.

NGE Capital Limited reported a remarkable 148% increase in profit after tax for the year ended 31 December 2025, driven by strong gains in uranium and mining investments. The company’s net tangible asset backing per share rose 25.7%, reflecting robust portfolio performance amid a volatile macroeconomic backdrop.

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.