Latest Boardroom Shifts News

WA Kaolin shakes up its board with two resignations and a new director appointment, moving to lift its trading suspension and steer the next phase of its Wickepin kaolin project development.

Burgundy Diamond Mines announces a court-approved extension and financing for Arctic Canadian Diamond Company Ltd, alongside appointing Brent Mierau as CFO to steer through ongoing market challenges.

Straker Limited resumes ASX trading after suspending shares due to transaction anomalies at its US subsidiary. The company maintains normal operations while cooperating with US authorities.

Platina Resources has appointed Dr Paul Polito as Managing Director and CEO, bringing over 30 years of exploration expertise to lead its Western Australian gold projects. His remuneration is heavily tied to operational milestones and share price performance.

Minbos Resources has secured a crucial milestone by signing the final security agreement for its US$16 million IDC loan and submitting a first drawdown request of US$4.8 million to fund ongoing construction at Cabinda.

Harvest Technology Group secures a A$6.5 million two-tranche placement to fund its defence strategy, expand Nodestream, and strengthen its balance sheet ahead of key growth initiatives.

Ainsworth Game Technology posted a 10% revenue increase in FY25 to $291 million, driven by strong Asia Pacific growth, while North American challenges weigh on H1 2026 outlook.

Talisman Mining has appointed Todd Ross as CEO, initiating a leadership transition as the company advances drilling programs in NSW. Ross's extensive mining and finance background aims to unlock value across Talisman's exploration portfolio.

Nufarm Limited posted a 35% rise in underlying net profit after tax to $52.1 million for HY26, driven by margin expansion and cost discipline despite a 5% revenue decline to $1.71 billion. The company confirmed its FY26 outlook, targeting strong earnings growth and leverage reduction.

Millennium & Copthorne Hotels New Zealand (MCK) posted robust 2025 revenue gains driven by acquisitions and refurbishments, yet signals a cautious outlook for 2026 as geopolitical tensions and rising costs cloud the horizon.

Aroa Biosurgery posted a breakout FY26, beating revenue and EBITDA guidance with a 54% surge in Myriad sales. The company plans significant investments in FY27 to accelerate growth and capitalise on new market opportunities.

SciDev Ltd has announced an immediate CEO transition with CFO Todd Scott stepping up to lead, as outgoing CEO Seán Halpin moves to an advisory role. The company also names John Gardiner as interim CFO while seeking a permanent replacement.