Latest Banking News

Ionic Rare Earths’ Brazilian joint venture, Viridion, has advanced to the next phase of securing a substantial US$900 million funding package from Brazilian government agencies to develop rare earth refining and recycling facilities.

Australian Foundation Investment Company Limited (AFIC) reported a $285 million net profit for FY2025, declaring a fully franked 14.5c final dividend plus a 5c special dividend tied to capital gains from portfolio adjustments.

Toubani Resources has made significant strides in developing its Kobada Gold Project in Mali, securing a $29 million strategic placement and launching extensive drilling programs aimed at expanding its mineral resource base ahead of a final investment decision.

Viridis Mining and Minerals has been selected by Brazil's BNDES and FINEP to receive significant funding under a US$903 million strategic minerals initiative, accelerating its Colossus rare earths project and downstream operations.

Bellevue Gold Limited reported robust cash flows for Q2 2025, boosting its liquidity position and reducing debt significantly through an early principal repayment. The company ends the quarter with a strong cash balance, underpinning ongoing development activities.

MyEco Group reported an 8.6% increase in FY25 sustainable product sales, driven by strong growth in its MyEco® brand globally. The company is executing an operational restructure expected to deliver $2.5 million in cost savings in FY26 while navigating volatile resin markets and US tariff uncertainties.

Fat Prophets Global Contrarian Fund reports a 5.06% rise in pre-tax NTA driven by gains in Japanese and Chinese markets, announcing a special dividend after years of pause.

Cuscal Limited announces the retirement of long-serving CFO Sean O’Donoghue in late 2025 and the appointment of Jennifer Brice as his successor, signaling a seamless leadership transition as the company remains on track to meet its FY25 forecasts.

Gratifii Limited has posted a record $19.4 million in cash receipts for 4Q FY25, marking a 210% year-on-year increase and signaling strong momentum as it nears completion of its platform migration and expands its Member’s Mobile offering.

Newmont Corporation has announced a quarterly dividend of USD 0.25 per security, payable on September 29, 2025, with a default 30% U.S. withholding tax applying to non-resident holders.

Intelligent Monitoring Group delivered a robust Q4 FY25 with $17 million in operating cash flow and plans an on-market share buy-back amid strong earnings growth and strategic acquisitions.

Black Rock Mining Limited has launched a prospectus offering over 108 million unquoted options to participants of a recent $5 million placement, aiming to support the development of its Mahenge Graphite Project in Tanzania.