🔥 Thursday 7 August 2025 Thu, 7 Aug 2025
43 Big Stories
Light & Wonder Advances with Grover Buyout and ASX-Only Listing Plan
Light & Wonder reported a slight revenue dip in Q2 2025 but expanded earnings and margins, fueled by its $850 million Grover acquisition and a strategic shift to a sole ASX listing.
7 Aug
Victor Sage
Light & Wonder Accelerates Growth, Eyes Sole ASX Listing by November
Light & Wonder reported solid Q2 earnings growth and margin expansion despite slight revenue dip, completed Grover acquisition ahead of schedule, and announced plans to delist from Nasdaq for a sole ASX listing by November 2025.
7 Aug
Victor Sage
EPX Surges with 14% ARR Growth and New Global Contracts
EPX Limited reports robust FY25 growth with a 10% rise in Annual Contract Value and a 35% increase in site numbers, driven by strategic sales restructuring and key new partnerships.
7 Aug
Sophie Babbage
Locksley Resources Taps Tribeca Capital to Accelerate U.S. Critical Minerals Ambitions
Locksley Resources has completed an oversubscribed capital raising and appointed Tribeca Capital to drive its U.S.-focused critical minerals strategy, targeting rare earths and antimony supply chains aligned with government initiatives.
7 Aug
Maxwell Dee
Carnaby Unveils Major EM Conductor and Strong Copper-Gold Hits at Greater Duchess
Carnaby Resources reports a significant off-hole electromagnetic conductor at its Trekelano prospect alongside robust copper-gold drill results, advancing its Greater Duchess Project in Queensland towards a Pre-Feasibility Study.
7 Aug
Maxwell Dee
Metal Powder Works Secures $1M US Navy Deal for Mobile Powder Tech
Metal Powder Works has landed a $1 million contract to supply the US Navy with a portable metal powder production system, marking a significant step in defense-focused additive manufacturing.
7 Aug
Victor Sage
GT1 and EcoPro Achieve Battery-Grade Lithium Hydroxide from Seymour Concentrate
Green Technology Metals (GT1) and EcoPro Innovation have successfully produced battery-grade lithium hydroxide monohydrate from spodumene concentrate sourced from GT1’s Seymour project in Ontario, confirming high lithium recovery and low impurities.
7 Aug
Maxwell Dee
Australian Gold and Copper Unveils Robust Metallurgical Recoveries at Achilles
Australian Gold and Copper Ltd reports strong flotation and leaching test results from its Achilles deposit, marking a key step toward a maiden Mineral Resource Estimate.
7 Aug
Maxwell Dee
OD6 Metals Boosts Rare Earth Recovery with Ion Exchange at Splinter Rock
OD6 Metals reports significant metallurgical advancements at its Splinter Rock Rare Earth Project, integrating Ion Exchange technology to enhance impurity removal and increase recovery rates. These improvements promise to materially improve project economics and broaden market appeal.
7 Aug
Maxwell Dee
xReality Group Secures $5.7M Texas DPS VR Training Contract
xReality Group’s US subsidiary Operator XR has landed its largest order yet, a $5.7 million contract to supply VR training systems to the Texas Department of Public Safety, marking a significant milestone in its US expansion.
7 Aug
Sophie Babbage
AMP Limited Boosts NPAT 9.2% with Strong Wealth Flows and Digital Bank Launch
AMP Limited reported a 9.2% rise in underlying NPAT to $131 million for the first half of 2025, driven by growth in wealth management cashflows and cost efficiencies. The company declared a 2.0 cents per share interim dividend and reaffirmed its full-year guidance amid ongoing digital banking expansion and AI integration.
7 Aug
Claire Turing
AMP Grows Underlying NPAT 9.2% on Strong Cashflows and Digital Bank Uptake
AMP reported a 9.2% increase in underlying net profit after tax to $131 million for the first half of 2025, driven by robust cashflow growth and steady performances across its wealth and banking divisions. The company also declared a 2.0 cents per share interim dividend, maintaining disciplined cost control amid ongoing strategic investments.
7 Aug
Claire Turing
AMP Limited H1 2025 – Underlying Profit Climbs Amid Legal Headwinds
AMP Limited reported a 9.2% rise in underlying net profit after tax for the first half of 2025, alongside a declared interim dividend, while navigating fresh legal challenges.
7 Aug
Claire Turing
Nova Minerals Boosts Antimony Grade by 132% in Alaska Ore Sorting Breakthrough
Nova Minerals has achieved a remarkable 132% upgrade in antimony grade through ore sorting at its Estelle Project in Alaska, advancing its goal to establish a strategic U.S. supply chain amid critical mineral shortages.
7 Aug
Maxwell Dee
Westgold Sets Sights on 385koz Production with $270M Growth Capex in FY26
Westgold Resources projects a rise in gold production to 345-385koz in FY26, backed by significant capital investment and operational improvements aimed at boosting free cash flow.
7 Aug
Maxwell Dee
Black Canyon Unveils Robust High-Grade Manganese at Wandanya, Phase 3 Drilling Imminent
Black Canyon Limited reports compelling assay results from its Wandanya manganese discovery, confirming shallow, thick, and high-grade mineralisation over a 2km strike. The company plans to launch Phase 3 drilling to further define this promising resource.
7 Aug
Maxwell Dee
News Corp FY25 revenue up 2%, net income surges 344%, declares US$0.20 dividend
News Corporation has reported a modest 2% increase in revenues to US$8.452 billion for the fiscal year ended June 30, 2025, alongside a remarkable 344% surge in net income to US$1.18 billion. The company declared a stable total dividend of US$0.20 per share, reflecting confidence despite market challenges.
7 Aug
Elise Vega
Prophecy and Complexica Forge ASX AI Powerhouse in Transformational Merger
Prophecy International and Complexica announce a strategic merger to form MergeCo, an ASX-listed AI pure play with enhanced scale, product synergies, and growth potential.
7 Aug
Sophie Babbage
Prophecy and Complexica Merge to Forge ASX’s Leading AI Software Powerhouse
Prophecy International Holdings has agreed to acquire Complexica in a transformative merger, creating Complexica Group Limited, an ASX-listed AI pure play software company with enhanced scale and growth potential.
7 Aug
Sophie Babbage