🔥 Wednesday 12 February 2025 Wed, 12 Feb 2025
75 Big Stories
Felix Gold Unveils 3m at 50.26% Antimony at Treasure Creek
Felix Gold Limited reports outstanding high-grade antimony and gold results from trench sampling at its Treasure Creek Project, highlighting potential for near-term production amid critical supply concerns.
12 Feb
Maxwell Dee
St Barbara Unveils Plan to Spin Off Atlantic Gold Operations for Sharper Focus
St Barbara Limited has announced its intention to separate its Atlantic Gold Operations in Nova Scotia, aiming to unlock value through a Canadian-led development while concentrating on its Papua New Guinea assets.
12 Feb
Maxwell Dee
St Barbara Eyes 43% Boost in 15-Mile Mill Capacity to Lift Gold Output
St Barbara reveals plans to expand its 15-Mile processing plant capacity from 2.1 Mtpa to 3.0 Mtpa, integrating Cochrane Hill ore to target annual gold production exceeding 100,000 ounces.
12 Feb
Maxwell Dee
Horizon Minerals Advances with First Ore Processing at Phillips Find
Horizon Minerals has commenced processing the first ore from its Phillips Find Gold Project, marking a key milestone in its path to gold production. The joint venture with BML Ventures is progressing well, with mining operations already delivering substantial volumes.
12 Feb
Maxwell Dee
IMDEX Navigates Market Headwinds with 28% EBITDA Surge Despite Revenue Dip
IMDEX reported a 10% revenue decline in 1H25 amid subdued global exploration activity but delivered a robust 28% increase in EBITDA, maintaining a strong 30% margin and positioning itself for growth.
12 Feb
Maxwell Dee
IMDEX Delivers Half-on-Half Growth Amid Mining Tech Headwinds
IMDEX Limited reported resilient half-year results for FY2025, achieving half-on-half revenue growth and maintaining margins despite a challenging mining exploration environment. The company strengthened its balance sheet and declared an interim dividend, positioning itself for future growth.
12 Feb
Victor Sage
IMDEX Posts 84% Profit Surge Despite 10% Revenue Dip in H1 FY25
IMDEX Limited reported a significant 84% increase in net profit for the half-year ended December 31, 2024, even as revenue declined by 10%. The company declared a steady interim dividend, underscoring confidence amid mixed financial signals.
12 Feb
Maxwell Dee
Red Mountain Mining Uncovers New Gold Targets at Fry Lake Project
Red Mountain Mining's recent desktop study of the Fry Lake Gold Project reveals promising gold mineralisation across multiple claims, setting the stage for an active 2025 exploration season amid soaring gold prices.
12 Feb
Maxwell Dee
Lefroy and BML Forge 50-50 Profit Deal to Unlock Lucky Strike Gold
Lefroy Exploration has partnered with BML Ventures under a profit-sharing agreement to develop the Lucky Strike gold deposit, aiming to start mining operations in the second half of 2025. This collaboration leverages BML's mining expertise and funding, while Lefroy retains half the profits from the project.
12 Feb
Maxwell Dee
EMVision Accelerates Brain Scanner Trial with US Ethics Approval
EMVision Medical Devices has secured US ethics approval for its pivotal multi-centre trial of the EMVision emu™ brain scanner, paving the way for a March 2025 trial start aimed at FDA clearance.
12 Feb
Ada Torres
ASB Grows Profit 1% as Lending and Housing Support Drive Recovery
ASB reported a modest 1% increase in cash net profit after tax for the half-year ending December 2024, underpinned by rising lending volumes and strategic investments in housing and fraud prevention amid New Zealand's gradual economic recovery.
12 Feb
Victor Sage
Suncorp Declares AUD 3.00 Cash Return of Capital with Approvals Secured
Suncorp Group Limited has announced a cash return of capital of AUD 3.00 per share, backed by shareholder and regulatory approvals, with payments scheduled for early March 2025.
12 Feb
Claire Turing
Suncorp Posts $1.1 Billion Profit, Unveils $4.1 Billion Shareholder Return Plan
Suncorp Group Limited delivered a robust half-year performance with a $1.1 billion net profit, driven by favourable natural hazard conditions and the strategic sale of Suncorp Bank. The insurer plans a substantial $4.1 billion return to shareholders, underscoring its strong capital position and growth ambitions.
12 Feb
Claire Turing
Amotiv Navigates FY25 H1 Challenges with Strategic Growth and Cost Discipline
Amotiv Limited reported a modest 2.3% revenue increase in the first half of FY25, underpinned by acquisitions and strategic initiatives despite organic revenue softness and margin pressures. The company anticipates a stronger second half driven by new business wins and pricing actions.
12 Feb
Victor Sage
Amotiv Reports 34% Profit Drop Amid Restructuring and Impairments
Amotiv Limited’s interim results reveal a 34.3% decline in net profit despite a 2.3% revenue increase, driven by significant impairments and restructuring costs. The company declared a fully franked interim dividend of 18.5 cents per share.
12 Feb
Victor Sage
Suncorp Posts $1.1 Billion NPAT, Returns $4.1 Billion to Shareholders After Bank Sale
Suncorp Group Limited reported a robust half-year result for 1H25, with net profit after tax nearly doubling to $1.1 billion, driven by the sale of Suncorp Bank and strong insurance operations. The company announced a substantial capital return and special dividend, underscoring its disciplined capital management.
12 Feb
Claire Turing
Arena REIT Boosts Profit and Distribution Amid Robust Growth Pipeline
Arena REIT has delivered a strong half-year 2025 performance, with significant profit growth driven by strategic acquisitions and development completions, while reaffirming its distribution guidance and sustainability commitments.
12 Feb
Eva Park
Arena REIT Posts 87% Profit Surge, Boosts Distribution Outlook
Arena REIT delivered a robust HY2025 performance with statutory net profit soaring 87%, underpinned by strategic acquisitions and development completions. The REIT reaffirmed its FY2025 distribution guidance, signaling confidence in sustained growth amid a strong social infrastructure portfolio.
12 Feb
Eva Park
Arena REIT’s Profit Jumps 87% as Property Values and Rents Rise
Arena REIT reports a striking 87% increase in net profit for the half-year ended December 2024, driven by property revaluations and rental growth. Distributions per security also rose, reflecting confidence in the group’s long-term strategy.
12 Feb
Eva Park
Suncorp Posts $1.1 Billion Profit, Returns $4.1 Billion to Shareholders
Suncorp Group delivered a robust first half FY25 with NPAT nearly doubling to $1.1 billion, driven by the sale of Suncorp Bank and favourable natural hazard outcomes. The insurer announced a $3.22 per share capital return and dividend, underscoring strong capital management.
12 Feb
Claire Turing
Suncorp Declares Fully Franked AUD 0.63 Dividend Amid Capital Reduction Approval
Suncorp Group Limited has announced a combined ordinary and special dividend totaling AUD 0.63 per security, fully franked and backed by APRA approval for a capital reduction. The payment is scheduled for mid-March 2025.
12 Feb
Claire Turing
Suncorp Group Posts Robust Half-Year Profit Surge Amid Bank Sale Transition
Suncorp Group Limited has delivered a strong half-year performance for the period ending December 31, 2024, with significant growth in revenue and net profit, while navigating the ongoing return of proceeds from its Suncorp Bank sale.
12 Feb
Claire Turing
Genesis and Partners Eye Huntly Power Station Extension to Bolster NZ Energy Security
Genesis Energy and New Zealand’s top generators are exploring extending Huntly Power Station’s life to address supply risks highlighted by winter 2024’s energy crunch.
12 Feb
Maxwell Dee
CBA Maintains Robust Capital and Liquidity Buffers Amid Regulatory Changes
The Commonwealth Bank of Australia has released its December 2024 Basel III Pillar 3 report, reaffirming strong capital adequacy and liquidity positions despite evolving regulatory frameworks.
12 Feb
Victor Sage