🔥 Tuesday 18 February 2025 Tue, 18 Feb 2025

Galileo Mining has released new assay results from its 2024 aircore drilling at the Mission Sill prospect near Norseman, confirming significant palladium and platinum mineralization and setting the stage for an imminent follow-up drilling campaign.

SEEK Limited reported robust half-year results for FY2025, with gains in placement share and yield offsetting volume declines, alongside a significant rise in free cash flow and an increased interim dividend.

MLG Oz Limited reported a robust 20.5% increase in revenue for the first half of FY2025, reaching $272.9 million, even as net profit after tax declined to $4.1 million. The company anticipates stronger growth in the second half, supported by new contracts and fleet expansion.

Viking Mines Limited has confirmed a significant gold discovery at its Northern Duplex Target, with drilling revealing a steeply dipping gold zone and promising assay results. The company is gearing up for further exploration to define the extent of this new mineralisation.

MLG Oz Limited has delivered a robust half-year performance with a 20.3% increase in statutory revenue and stable workforce numbers, setting the stage for anticipated growth in the second half of FY2025.

G50 Corp has engaged SGS Canada to initiate comprehensive metallurgical testing at its Golconda Project, aiming to refine gallium recovery methods and advance its strategic minerals portfolio.

Dexus has reported a statutory net profit of $10.3 million for the half-year ending December 2024, rebounding from a significant loss last year, while maintaining strong portfolio occupancy and confirming steady distributions.

Maronan Metals has reported outstanding metallurgical test results from its carbonate-hosted silver-lead ore, producing high-grade concentrates with recoveries exceeding 90%, reinforcing the project's economic potential.

Dexus (ASX: DXS) reports a statutory net profit of $10.3 million for the half-year ending December 2024, rebounding from a significant loss last year, while navigating challenges from higher interest rates and lower trading profits.

Ausmon Resources Limited has launched a Share Purchase Plan aiming to raise up to $540,000 by issuing shares at a discounted price, supporting its exploration and operational funding needs.

Polymetals Resources Ltd has opened a Share Purchase Plan allowing eligible shareholders to invest up to $30,000 each at $0.80 per share, aiming to raise $3.2 million to bolster its balance sheet and fund exploration.

Artemis Resources has completed the second tranche of a $4 million capital raise, enabling the resumption of drilling at its Karratha Gold Project after cyclone-related delays.

Infomedia Ltd delivered a robust first half FY25 with a 63% jump in net profit after tax and a 7% rise in underlying cash EBITDA, despite challenges in its SimplePart e-commerce segment. The company’s strategic acquisition of AI specialist Intellegam signals a bold push into data-driven automotive solutions.

BHP Group Limited reported a remarkable 376% increase in half-year profit despite an 8% revenue dip, driven by operational excellence and strategic investments in copper and potash. The company declared a lower interim dividend, signaling a balanced approach to shareholder returns and growth.

Infomedia Ltd reported a solid half-year performance with a 2% revenue increase and a 63% surge in net profit, while announcing a strategic acquisition and a share buyback plan.

Opthea has completed the final patient visit in its pivotal COAST Phase 3 trial evaluating sozinibercept combined with aflibercept for wet AMD, with topline results expected early Q2 2025.

Lincoln Minerals is accelerating development across its diversified portfolio of critical minerals projects in South Australia's Gawler Craton, targeting copper, uranium, graphite, and high-purity iron to meet global electrification and decarbonization demands.

Augustus Minerals has applied advanced AI and machine learning techniques to identify 18 promising gold targets at its Music Well project in Western Australia, highlighting significant exploration potential in an underexplored region.

Biome Australia Limited has reported its first-ever net profit of $433,395 for the half-year ended December 2024, alongside a 47.4% increase in revenue driven by strong sales of its Activated Probiotics.

HMC Capital has reported a record half-year financial performance for 1H FY25, driven by explosive growth in private equity and digital infrastructure platforms, alongside ambitious fundraising initiatives in energy transition.

HMC Capital has reported a record half-year performance with pre-tax operating earnings soaring 240% to $202 million, driven by robust asset growth and strong returns across its diversified platforms.

HMC Capital Limited has reported a remarkable 680% increase in profit for the half-year ended 31 December 2024, driven by key acquisitions and expansion into digital infrastructure and private credit sectors. The company also announced a fully franked interim dividend, underscoring confidence in its growth trajectory.

HUB24 has delivered a robust half-year performance for 1HFY25, marked by significant revenue growth, record net inflows, and expanding adviser engagement, reinforcing its leadership in Australia’s wealth management technology sector.

Big River Industries reported a significant $17 million loss for the half-year ending December 2024, driven by a $20 million non-cash impairment charge and a 3.3% revenue decline. The company also announced a reduced fully franked interim dividend of 2 cents per share.