Latest Banking News

Viridis Mining and Minerals has achieved a critical environmental milestone with the granting of the Preliminary License for its Colossus Rare Earth Project in Brazil, significantly de-risking the development timeline and paving the way for construction in 2026.

EIT RawMaterials has committed an additional €1.5 million to advance the Finnish Vanadium Recovery Project, reinforcing its role in Europe's critical materials supply chain. This marks the third funding round supporting technical innovation and project financing efforts.

Rox Resources has strategically purchased gold put options covering half of its forecast production at the Youanmi Gold Project for FY2028, locking in price protection while retaining upside exposure.

Michael Hill International has successfully refinanced its $90 million debt facility, securing improved margins and extending the term to August 2028 with the addition of Commonwealth Bank as a new lender.

GenusPlus Group has locked in a substantial A$429 million revolving syndicated facility, tripling its previous credit line to fuel expansion in Australia’s power and communications infrastructure sector.

DGL Group Limited has secured an extension of its syndicated debt facility to March 2027 and received a waiver protecting it from default amid its ASX suspension. The company anticipates its securities will be reinstated on the ASX by early 2026 following a half-year audit.

Peppermint Innovation Ltd has raised A$500,000 to accelerate the rollout of its bizmoto digital wallet platform across the Philippine cooperative sector, targeting millions of members and aiming to boost transaction frequency and recurring revenue.

Sarytogan Graphite Limited updates investors on its $5 million capital raising, highlighting regulatory approval delays but confirming near-term funding to advance its key graphite project.

MONEYME has locked in a $300 million credit card warehouse financing facility with improved pricing, setting the stage for its new credit card product launch in 2026.

Bendigo and Adelaide Bank has been hit with a $50 million operational risk capital charge by APRA, while AUSTRAC launches an enforcement investigation into serious AML/CTF breaches. The bank commits to intensifying risk management efforts amid regulatory scrutiny.

PlaySide Studios is gearing up for a pivotal 2026 with its highly anticipated game launch and strategic expansion into the MENAT region, underpinned by strong cost savings and leadership hires.

IDP Education has updated its revenue recognition policy to recognise Student Placement revenue at census date across all jurisdictions, leading to restated FY25 financials and reaffirmed FY26 guidance.