Latest Banking News

MONEYME reports a 54% surge in loan originations and a $1.4 billion loan book in 2Q25, underpinned by fresh growth capital and a strategic shift to secured lending.

Propell Holdings has reported its first half-year cash profit since its 2021 ASX listing, driven by loan book growth and new product launches, despite a Q2 operating cash outflow.

VanEck Investments Limited has announced final dividends for a suite of its Australian and global bond ETFs, with payments scheduled for mid-February 2025. Investors are advised to note the ex-dividend dates and dividend reinvestment plan details.

Vulcan Energy has marked a pivotal quarter with major capital raises, strategic partnerships, and the commencement of Europe’s first fully integrated battery-quality lithium hydroxide production.

GreenHy2 Limited reports a slight cash decline but strengthens its foothold in renewable energy with key partnerships and strategic pivots in hydrogen storage technology.

Control Bionics has delivered its strongest US sales quarter in years, nearing US$1 million in revenue, while broadening its market footprint with new commercial agreements and cost optimizations.

Little Green Pharma reports a robust 75% revenue increase to $9.5 million for December quarter, driven by strong European market growth and strategic product launches.

St Barbara has secured A$100 million to fast-track its Simberi Sulphides project, aiming to bring forward production by up to five months, even as Q2 gold output fell short of expectations due to operational challenges.

Brightstar Resources has consolidated its position as a rising gold producer with key acquisitions expanding its resource base beyond 3 million ounces and the commencement of ore haulage under a new processing agreement. The company’s December quarter report outlines a robust production growth strategy supported by a $30 million capital raise and ongoing exploration success.

Strike Energy has taken a final investment decision on its South Erregulla 85 MW peaking gas power station and confirmed significant gas discoveries at Erregulla Deep and Walyering East-1, positioning the company for growth amid a strategic leadership transition.

Auric Mining Limited reports a robust cash flow quarter ending December 31, 2024, with current assets reaching approximately $10 million and ongoing cash inflows from its joint venture at Jeffreys Find Gold Mine.

Strike Energy has obtained $162 million in credit approval from Macquarie Bank, advancing its $217 million financing package to refinance debt and develop the South Erregulla Power Project.