Latest Capital Allocation News

HMC Capital has unveiled an ambitious plan to grow its assets under management to over $50 billion within the next 3-5 years, supported by strong fundraising and diversified investment verticals. The company’s FY25 outlook remains solid, underpinned by operational growth and strategic initiatives across real estate, digital infrastructure, and energy transition.

Magnum Mining & Exploration has completed its acquisition of Palmares Estudos Geologicos LTDA, securing a significant rare earths landholding in Brazil after an extended due diligence process.

DTI Group Limited has announced a fully underwritten pro-rata entitlement offer to raise approximately $2.69 million, primarily aimed at repaying a $1.25 million loan from major shareholder Finico Pty Ltd. The offer opens on 13 May and closes on 10 June 2025, with new shares priced at $0.006 each.

Eastern Metals has agreed to sell its 1.5% net smelter royalty on the Thomson Project to Red Hill Minerals for $220,000 cash, marking another step in its asset monetisation strategy.

Evergreen Lithium Limited has acquired the Leonora Goldfields Project in Western Australia, marking a strategic pivot into gold production with a JORC-compliant inferred resource of 63,000 ounces and exploration upside of up to 592,000 ounces.

Resolute Mining has completed its acquisition of the Doropo and ABC Gold Projects from AngloGold Ashanti, marking a significant expansion of its asset portfolio with no material changes since the initial announcement.

Kingsgate Consolidated Limited has announced an on-market share buy-back as part of its capital management strategy, signaling confidence amid current market conditions.

GPT Group unveiled a strategic pivot towards co-investment alongside capital partners, reporting resilient 2024 earnings and expanding its retail management platform through key partnerships and asset acquisitions.

Taruga Minerals has exercised its option to acquire 100% of the Thowagee Project in Western Australia's northern Gascoyne province, revealing promising high-grade assays of lead, silver, zinc, copper, and gold. This acquisition significantly expands Taruga's contiguous landholding, positioning the company for further exploration success.

Pro-Pac Packaging reported a $6.2 million revenue decline for the March 2025 quarter and extended a key $13 million short-term finance facility with Bennamon Pty Ltd to March 2026, while continuing a strategic review focused on profitability and funding.

Santos Limited's 2024 Annual Report reveals a 5% drop in production and a 9% revenue decline, yet highlights progress in carbon capture and storage and emissions reduction targets.

Santos Limited’s 2024 Annual Report reveals a 5% decline in production and a 9% drop in sales revenue, yet the company progresses its climate transition with key CCS projects and emissions reductions.