Latest Banking News

NTAW Holdings has secured an extension of its financial covenant waiver from Commonwealth Bank, easing short-term credit pressures while continuing repayments on its borrowing facility.

Westgold Resources has locked in a $600 million unsecured revolving credit facility with top-tier lenders, enhancing its financial flexibility and liquidity to support future growth.

Auric Mining has received the final $2.2 million cash distribution from its Jeffreys Find Gold Mine joint venture, bringing total cash returns to $16.5 million and significantly strengthening its financial position.

Frontier Energy has secured indicative senior debt terms worth around $220 million for its Waroona Renewable Energy Project, moving closer to finalising financing and supply contracts. The company is also considering mezzanine financing to optimise its funding structure.

Qantas Airways has updated its interim dividend announcement, confirming a fully franked payment of AUD 0.198 per share for the half-year ending December 2025, with a clarified NZD equivalent amount.

Canyon Resources has mobilised its surface miner to the Minim Martap site, targeting first bauxite production in early Q2 2026 and shipment by Q3, fully funded despite a failed equity raise.

Briscoe Group Limited reported record full-year sales of NZD 798.8 million for FY2026, with net profit after tax dipping slightly to NZD 59.2 million. The company maintained dividends and invested heavily in supply chain upgrades despite a challenging retail environment.

ASX Limited has updated its dividend announcement to include New Zealand Dollar equivalents, exchange rates, and Dividend Reinvestment Plan details for the first half of 2026.

Metal Bank reports exceptional gold recovery results from its Seven Leaders Prospect near Kalgoorlie, highlighting a 72.5% gravity recovery and over 99% leaching efficiency, underpinning its near-term production ambitions.

Viridis Mining’s Colossus Rare Earth Project has been selected for Brazil’s Climate and Ecological Transformation Investment Platform, enhancing its access to international capital ahead of a key investment decision.

Suncorp Group Limited has updated the dividend reinvestment price for its fully franked ordinary dividend relating to the six months ending December 2025. The dividend of 17 cents per share will be paid on 31 March 2026, with flexible currency options for shareholders.

Energy World Corporation appoints Alan Jowell as Executive Chairman to spearhead its strategic review and project development, while exploring asset sales alongside its flagship Pagbilao LNG and Power Project.