Latest Banking News

Goodman Group reports steady progress in Q3 FY25 with a robust $13.7 billion development pipeline and strong demand for logistics and data centre infrastructure, reaffirming its FY25 Operating EPS growth forecast of 9%.

Black Rock Mining has secured an additional US$25 million in funding, increasing its total project financing to US$204 million to advance the Mahenge Graphite Project in Tanzania.

Myer Holdings has unveiled a comprehensive strategic transformation plan, integrating its recent Apparel Brands acquisition and leveraging a strengthened balance sheet to drive sustained earnings growth. The company aims to redefine its retail presence through customer-centric innovation and operational efficiency.

MAC Copper Limited has entered a binding agreement for acquisition by Harmony Gold, offering shareholders a compelling 32% premium and signalling a major consolidation in the copper mining sector.

Assetora Limited has launched the Australian Homeowner Equity Fund, a $100 million initiative offering shared equity investments with a targeted 12% annual return, following a successful pilot with AMP Bank.

Ionic Rare Earths, through its Viridion joint venture, has delivered the first recycled rare earth oxides to Brazil’s CIT SENAI ITR, marking a key step toward a domestic magnet supply chain in South America.

Antilles Gold’s joint venture has inked key offtake agreements for all gold and copper/gold concentrates from the Nueva Sabana mine, boosting project financing prospects.

ALS Limited has announced a fully underwritten A$350 million equity placement to fund major upgrades to its global laboratory network and support future growth initiatives, aiming for mid single-digit EPS accretion by FY25 pro forma.

ALS Limited has announced an ordinary dividend of AUD 0.197 per share for the half-year ending March 2025, payable in July with flexible currency options for shareholders worldwide.

Wisr Limited has inked a $267 million loan funding warehouse facility led by Barclays, boosting its capacity to expand personal and secured vehicle loans. This move enhances Wisr’s funding flexibility and cost efficiency as it pursues aggressive growth.

VanEck Investments Limited has announced the indicative timetable for dividend payments across a suite of its exchange traded funds, alongside details of its dividend reinvestment plan.

Canyon Resources has locked in a US$140 million syndicated credit facility alongside a AU$24.5 million option exercise by a major shareholder, positioning the company to fast-track operations at its Minim Martap Bauxite Project in Cameroon.