Latest Competition News

Commonwealth Bank of Australia reported a robust FY25 with a $10.1 billion net profit, increased dividends, and accelerated technology investments despite global uncertainties.

Brisbane Broncos Limited projects a net profit before tax of $8.69 million for H1 2025, up from $6.30 million a year earlier, driven by an additional NRL home game and stronger revenues across ticketing, sponsorship, and merchandise.

NEXION Group has issued 800,000 convertible notes to raise $80,000, with repayment expected in cash but conversion to shares possible pending approvals. The funds aim to support costs related to a potential transaction whose future remains uncertain.

WhiteHawk Limited announces a significant shareholding increase by Director Giuseppe Porcelli via a Tranche 2 placement, aiming to fuel growth in the Middle East and ASEAN markets. Shareholder approval is set for September 2025.

WAM Capital Limited’s July 2025 update reveals a robust net tangible asset position and a healthy interim dividend, underpinned by strong performances from key holdings ALS and HUB24.

Chrysos Corporation reports robust FY25 financial growth driven by global adoption of its PhotonAssay technology and secures a strategic Master Services Agreement with gold giant Newmont. The company projects further revenue and EBITDA expansion in FY26.

Pure Resources Limited reports exceptional metallurgical results from its Garnet Hills Project, achieving garnet grades up to 98% and advancing scalable, sustainable processing methods aligned with industrial demand. The company is also forging strategic US collaborations to unlock downstream opportunities.

AXP Energy has secured 1,400 acres of oil and gas leases in Kay County, Oklahoma, setting the stage for rapid drilling and expansion of its gas-to-power-bitcoin mining operations. The company aims to leverage proven stacked pay zones and a favorable regulatory environment to scale production and innovative energy uses.

Forrestania Resources has secured gold rights over key tenements adjacent to its Ada Ann project, enhancing its exploration potential in Western Australia’s Bonnie Vale region.

Olympio Metals has confirmed significant near-surface gold mineralisation at its Amadee Prospect in Quebec, extending a broad mineralised zone linked to the nearby high-grade Paquin Prospect. The results highlight potential for open-pit mining in a world-class gold district.

Tryptamine Therapeutics has locked in $2.6 million in non-dilutive funding to fast-track clinical trials of its lead psilocin-based therapy, TRP-8803, targeting binge eating disorder and other conditions.

Iondrive Limited has won a $3.9 million government grant to advance its innovative urban mining technology, accelerating the construction of a pilot plant focused on critical minerals recovery from lithium-ion batteries.