FINWIRES · TerminalLIVE
FINWIRES

ASX:BTR

21 stories mentioning ASX:BTRUpdated 4d ago

Every FINWIRES story that references ASX:BTR, newest first.

What's the latest news on ASX:BTR?

Asia

Brightstar Resources Says Western Australia Gold Project Construction on Schedule

Brightstar Resources (ASX:BTR) said construction at its Goldfields Project in Western Australia continued to progress through August, and the project remains on schedule for first gold in June 2027, according to a Wednesday filing with the Australian bourse.Concrete work for the carbon-in-leach circuit is complete, allowing the tank installation team to start on site ahead of schedule, the company said.It added that the project is tracking within the approved budget, and is expected to deliver average gold production of about 75,000 ounces per year over an initial six-year mine life.Brightstar continues to evaluate opportunities to enhance and de-risk Goldfields through both organic and inorganic initiatives, with parallel work on mine-life extension opportunities.

ASX:BTR
Asia

Brightstar Resources Intersected High-Grade Results at Western Australia Deposit

Brightstar Resources (ASX:BTR) intersected high-grade results from a reverse circulation drilling program at the Bull Oak deposit, part of the Sandstone project in Western Australia, according to a Monday filing with the Australian bourse.Drilling returned seven meters at 119 grams per tonne (g/t) grade of gold from 199 meters, including one meter at 751 g/t grade of gold, 21 meters at 3.83 g/t grade of gold from 262 meters, including one meter at 27 g/t grade of gold from 263 meters, 19 meters at 1.76 g/t grade of gold from 194 meters, including one meter at nearly 19 g/t grade of gold from 199 meters, the filing said.Drilling at the project is ongoing with three rigs active, per the filing.

ASX:BTR
Asia

ASX Preview: Australian Shares to Rise on Patient Fed Rate Outlook; Peter Warren Automotive Secures ACCC Nod for Proposed Acquisition

Australian shares are poised to rise on Friday, tracking gains on Wall Street after Federal Reserve Governor Christopher Waller signaled a patient approach to interest-rate cuts and said cooling inflation could support keeping rates steady at the central bank's next meeting.Overnight, the S&P 500, the Nasdaq Composite, and the Dow Jones Industrial Average rose 1.1%, 1.4%, and 1.2%, respectively.In the macroeconomy, Australia's labor account report is due at 11:30 am Sydney time.In corporate news, Peter Warren Automotive (ASX:PWR) secured approval from the Australian Competition and Consumer Commission for its proposed acquisition of Wakeling Automotive's new car dealerships, subject to conditions that the company divests eight dealership sites.Brightstar Resources (ASX:BTR) reported Friday fiscal 2026 loss of AU$0.10 per share on revenue of AU$64.1 million, compared with loss of AU$0.12 on revenue of AU$33.5 million a year earlier.Australia's benchmark index rose 0.5%, or 41.7 points, to close at 9,020.10 on Thursday.

ASX 200ASX:BTRASX:PWR
Asia

Brightstar Resources Fiscal 2026 Loss per Share Narrows, Revenue Up

Brightstar Resources (ASX:BTR) logged a AU$0.10 loss per share for fiscal 2026, compared with a loss of AU$0.12 a year ago, a Friday filing showed.For the 12 months ended June 30, revenue from continuing operations was AU$64.1 million versus AU$33.5 million previously, the Australia-listed gold exploration and development company added.

ASX:BTR
Asia

Brightstar Resources Says Drilling at Western Australia Deposit Hits Broad Intervals of Mineralization; Shares Rise 6%

Brightstar Resources (ASX:BTR) said reverse circulation and diamond core drilling at the Two Mile Hill-Shillington deposit, part of the Sandstone gold project in Western Australia, encountered broad intervals of mineralised tonalite, with visible gold observed throughout significant intersections, according to a Thursday Australian bourse filing.It hit intercepts of 225.7 meters at 3.11 grams per tonne grade of gold from 284 meters, as well as 194 meters at 2.10 g/t grade of gold from 286 meters.Its shares rose 6% in recent trading on Thursday.

ASX:BTR
Asia

Brightstar Resources Says Visible Gold Intercepted During Western Australia Deposit Diamond Drilling

Brightstar Resources (ASX:BTR) said that diamond drilling at the Two Mile Hill deposit, part of the Sandstone gold project in Western Australia, intercepted regular instances of visible gold, according to a Tuesday Australian bourse filing.Two diamond holes have been completed, part of a four-hole, around 3,400-meters extensional program to delineate the Two Mile Hill mineralization at depth, the company said. Both holes extended beyond planned depth and ended in mineralized tonalite, with alteration, quartz veining, and sulfide mineralization typically associated with gold, it added.

ASX:BTR
Asia

Brightstar Resources Says Bulk Earthworks for Western Australia Project Process Plant Infrastructure Completed

Brightstar Resources (ASX:BTR) said the bulk earthworks for the process plant infrastructure at the Goldfields project in Western Australia were completed, according to a Tuesday Australian bourse filing.The bulk earthworks for the raw and process water ponds, non-process infrastructure, and run-of-mine extension are nearing completion.The project remains on schedule for first gold in June 2027 and is expected to deliver average gold production of around 75,000 ounces per annum over an initial six-year mine life, the company said.

ASX:BTR
Asia

Brightstar Resources Says Western Australia Deposit Drilling Intercepts Wide Zone of Mineralization; Shares Jump 10%

Brightstar Resources (ASX:BTR) said assays from diamond core and reverse circulation drilling at the Two Mile Hill-Shillington deposit, part of the Sandstone gold project in Western Australia, intersected a wide zone of mineralization, according to a Monday Australian bourse filing.Extensional drilling intersected tonalite, the width of which exceeded previous interpretations, with the unit now interpreted to be over 180 meters thick horizontally, the company said. Visible gold was observed throughout the mineralized tonalite in a drill hole, producing a broad, unconstrained intercept of 305.4 meters at 1.82 grams per tonne (g/t) grade of gold from 351.9 meters.Infill drilling from shallower areas of the deposit produced a broad, unconstrained intercept of 205 meters at 2.67 g/t grade of gold from 293 meters.The company's shares jumped 10% in recent trading on Monday.

ASX:BTR
Asia

Brightstar Resources Reports Decline in Ore Mined for June Quarter; Shares Down 6%

Brightstar Resources (ASX:BTR) said it mined 28,300 tonnes of ore in the June quarter at 3.1 grams per tonne grade of gold, according to a Thursday filing with the Australian bourse.In the year-ago period, the company reported 34,700 tonnes of ore mined at 3.3 g/t gold, a previous filing showed.Brightstar also struck a power purchase agreement and LNG supply deal for its Laverton mill power station in Western Australia following the close of the June quarter.It signed the power purchase deal with PWR Hybrid Solutions and the supply agreement with EVOL LNG, both portfolio companies of OCTA Group, to align fuel supply and power generation under a coordinated contractual framework, per the filing.The company ended the June quarter with AU$122 million in cash on hand and undrawn net bond proceeds of AU$161 million for a total liquidity position of AU$283 million.Its shares fell 6% in recent Thursday trade.

ASX:BTR
Asia

Brightstar Resources Increases Mineral Resource Estimate for Western Australia Gold Project

Brightstar Resources (ASX:BTR) said the mineral resource estimate (MRE) for its Sandstone gold project in Western Australia increased 18% to 69 million tonnes at 1.3 grams per tonne grade of gold for 2.9 million ounces, according to a Wednesday filing with the Australian bourse.The project's measured and indicated classified MRE increased by 113% to 1.1 million ounces at 1.5 g/t gold, per the filing.Brightstar said the company's total MRE now stands at 100 million tonnes at 1.4 g/t gold for 4.5 million ounces of gold, representing a ten-fold increase over 3.5 years.The interim MRE upgrade is based on drilling completed before May. Four rigs are active at Sandstone, and a second MRE update is scheduled for release in the fourth quarter of this year, the company said.

ASX:BTR
Asia

Aquirian Positioned for Further Earnings Growth on Strong Contract Pipeline, Euroz Hartleys Says

Aquirian (ASX:AQN) is well placed for further earnings growth following a strong fiscal 2026 performance and continued contract momentum, Euroz Hartleys said in a note on Monday.The company reported fiscal 2026 revenue of AU$32 million, up nearly 23% year on year, and earnings before interest, taxes, depreciation, and amortization (EBITDA) of AU$4.6 million, up about 194% and broadly in line with Euroz Hartleys' AU$4.8 million forecast.The research firm said the result reflected strong operational momentum, with underlying EBITDA more than doubling from fiscal 2025.The research firm noted that the Wubin emulsion plant remains a key earnings driver after processing a record 4,000 tonnes in May, with a planned high-capacity melt circuit and expanded on-site emulsion storage expected to support further growth.Euroz Hartleys expects the company's biodegradable collar keeper to remain on track for a commercial launch in the first half of fiscal 2027, with the product set to improve customer efficiency, cut operating costs and reduce plastic waste, while new African distribution agreements support future sales.It added that the potential additional contract awards for Drillforce, following its inaugural AU$48 million three-year contract with Brightstar Resources (ASX:BTR), remain a key catalyst for earnings and share price growth.The research firm maintained its fiscal 2027 EBITDA forecast of AU$8.5 million for the company, noting that it is valued at around 6.2 times fiscal 2027 enterprise value-to-EBITDA, compared with a peer median of about 9.5 times.Euroz Hartleys maintained a buy rating on Aquirian and price target of AU$0.80.The company's shares fell around 3% in recent Monday trade. Brightstar Resources' shares also shed about 3%.

ASX:AQNASX:BTR
Asia

Brightstar Resources Advances Goldfields Project Construction, Purchases Gold Price Protection

Brightstar Resources (ASX:BTR) said construction activities at its Goldfields Project in Western Australia are progressing with bulk earthworks and site establishment underway, and the first concrete pour for the carbon-in-leach (CIL) tank foundations was completed ahead of schedule, according to a Thursday Australian bourse filing.The company said final mine designs for Lord Byron were completed, and site preparation plans are being finalized ahead of mobilization for site establishment in the September quarter.High-grade ore mining continues at the Second Fortune underground mine, with stockpiles growing for processing next year, the filing added.Brightstar said it has executed a gold price protection strategy by purchasing put options covering 60,000 ounces of gold production during the first 24 months of production from fiscal year 2027 onwards, it added.The company's shares rose 1% in recent Thursday trade.

ASX:BTR
Asia

Brightstar Resources Reports Visible Gold Intersections at Western Australia Project

Brightstar Resources (ASX:BTR) intersected visible gold at numerous intervals from ongoing diamond drilling at the Two Mile Hill deposit at the Sandstone gold project in Western Australia, according to a Thursday Australian bourse filing.The company said visible gold is hosted across multiple holes in thin quartz veins, predominantly within a tonalite intrusion and neighboring mafic rocks.The combined Two Mile Hill-Shillington deposit hosts a current resource of 753,000 ounces at 1.5 grams per tonne gold, with the ongoing reverse circulation and diamond drilling program of about 9,100 meters designed to infill areas of the mineral resource at depth for inclusion in a pre-feasibility study targeted for the second half of the year, it added.

ASX:BTR
Asia

Brightstar Resources Approves Final Investment Decision for Western Australia Gold Project

Brightstar Resources (ASX:BTR) said its board approved a final investment decision for its Goldfields project in Western Australia, which is fully funded to achieve first gold in the June 2027 quarter, according to a Tuesday filing with the Australian bourse.The project is expected to deliver average gold production of about 75,000 ounces per annum over an initial mine life of six years, per the filing.Following the final investment decision, Brightstar is starting full-scale construction activities at the 1.5 million tonnes per annum Laverton processing plant.

ASX:BTR
Asia

GR Engineering Services Signs AU$110 Million Contract with Brightstar Resources

GR Engineering Services (ASX:GNG) signed an engineering, procurement, and construction contract worth AU$110 million with Brightstar Resources (ASX:BTR) for the Laverton processing plant in Western Australia, according to a Tuesday filing with the Australian bourse.

ASX:BTRASX:GNG
Asia

Brightstar Resources Says Western Australia Project on Track for Final Investment Decision in May, Shares Up 6%

Brightstar Resources (ASX:BTR) said a final investment decision for its Goldfields project in Western Australia is targeted during May, according to a Thursday Australian bourse filing.The decision will coincide with the receipt of project approvals and execution of the Laverton Plant engineering, procurement, and construction (EPC) contract with GR Engineering Services, the filing added.The company said key outstanding approvals from the Department of Mines, Petroleum and Exploration, and the Department of Water and Environmental Regulation are expected to be received in May, with the project remaining on schedule for first gold in the June 2027 quarter and production of about 75,000 ounces per year for six years.OCTA Group was selected as the preferred supplier for power with a combined LNG power station and LNG supply following a competitive bid process, with long-lead power station equipment and LNG supply secured, the filing added.An exploration reverse circulation drill rig is completing infill and extensional drilling at the Lord Byron deposit for a potential re-optimization of the Lord Byron mine plan.The company's shares rose 6% in recent Thursday trade.

ASX:BTR
Asia

Aquirian Completes Commercial Deliveries to Zambia, Congo; Advances New Distribution Channels; Shares Down 4%

Aquirian (ASX:AQN) said it has completed three commercial deliveries of Collar Keeper products into its regional distribution partner for Zambia and the Democratic Republic of Congo, according to a Monday Australian bourse filing.The company said negotiations for a new distribution channel across Chile and Peru are nearing completion, with initial orders anticipated, while a broader Southern Africa regional distribution partnership is well advanced.The Manual Collar Keeper System is now available on three original equipment manufacturer rigs, including Epiroc, Sandvik, and Hyundai Everdigm, while the biodegradable Collar Keeper has received its first small-scale commercial order from a long-term client in the Pilbara, with delivery and field deployment expected in the coming weeks, the company added.The Automated Collar Keeper System has been fitted to the first Drillforce WA T45 drill rig, the first of three to be fitted with automated in-cab operation for the Brightstar Resources' (ASX:BTR) Lord Byron project in Western Australia, which is expected to commence in September and represents the first project delivered under the strategic framework agreement, per the filing.Aquirian's shares fell past 4% in recent Monday trade, while Brightstar Resources' shares shed 2%.

ASX:AQNASX:BTR
Asia

Brightstar Resources Reports Higher March Quarter Group Mining Production

Brightstar Resources (ASX:BTR) said its group mining production for the March quarter came in at 58,700 tonnes at 3.3 grams per tonne (g/t) grade of gold for 6,250 ounces from its Laverton underground mining operations in Western Australia, according to a Wednesday Australian bourse filing.The company's group mining production for the March 2025 quarter came in at 28,200 tonnes at 3.3 g/t grade of gold for 3,002 ounces from its Laverton underground mining operations in Western Australia, per the filing.During the quarter, the Fish underground mine was transitioned to care and maintenance, with mining operations ceasing and the mine positioned to be ready for the recommencement of ore production in early 2027.The mining development and closure proposal for Lady Shenton open pit mine in Menzies was approved, the filing said.Brightstar Resources' shares fell nearly 1% in recent trading on Wednesday.

ASX:BTR
Asia

Brightstar Resources Reports AU$53 Million Gross Revenue From Processing Campaign

Brightstar Resources (ASX:BTR) completed and reconciled the final processing campaign under its ore purchase agreement with Genesis Minerals (ASX:GMD), with a record parcel of about 140,000 tonnes at 2 grams per tonne (g/t) gold, recovering about 7,900 ounces, according to a Monday Australian bourse filing.The company said the campaign returned gold recoveries of over 89%, trending toward the long-term average metallurgical performance of previous processing campaigns, at a gold price of AU$6,758 per ounce for record gross revenue of AU$53 million.Brightstar said total ore processed under the Genesis agreement since commencement in March 2025 totaled about 400,000 tonnes at 2.2 g/t gold, with an average metallurgical recovery of 88%, and about 24,000 ounces of gold recovered, delivering gross sales proceeds of AU$138 million over the contract.The company said the completion of the final parcel has fully amortized its existing working capital facility with Ocean Partners, with Brightstar currently carrying no drawn debt.

ASX:BTRASX:GMD
Asia

Aquirian Expected to Benefit From New Supply Agreement, Says Euroz Hartleys

Aquirian's (ASX:AQN) new supply agreement is an early validation of its integrated drill and blast model, supporting increased exposure to Western Australia gold activity and providing a pathway to higher-margin, vertically integrated earnings over time, said Euroz Hartleys in a Thursday note.The research firm noted that the agreement with Brightstar Resources (ASX:BTR) totals AU$48 million over an initial three-year period and commences in September 2026.The research firm said that the contract implies about AU$2.5 million in annual earnings before interest, taxes, depreciation, and amortization (EBITDA), when the previously guided 16% EBITDA margin is applied, being a conservative view.Euroz Hartleys expects fiscal 2027 EBITDA of AU$8.5 million and fiscal 2026 EBITDA of AU$5.2 million.Euroz Hartleys kept a buy rating on Aquirian with an under review price target of AU$0.70.Aquirian's shares fell past 2% in recent Friday trade, while Brightstar Resources' shares tumbled 5%.

ASX:AQNASX:BTR

Showing 1-20 of 21

Track with the FINWIRES app suite

FolioX
FolioX
Track ASX:BTR in your portfolio
WheelAI
WheelAI
Analyze ASX:BTR options with the wheel strategy
StockInsider
StockInsider
See market sentiment on ASX:BTR