Latest Corporate Finance News

Brockman Mining has regained full control of its Ophthalmia Project after Polaris Metals surrendered its joint venture interest, ending a loan obligation and opening new development options.

Genesis Minerals (ASX:GMD) reported a 172% jump in net profit to A$601.8 million for FY26, backed by record production and a major acquisition. The company declared its first fully franked dividend and set sights on completing a transformative merger with Vault Minerals.

Ridley Corporation’s FY26 results reveal a dramatic revenue surge fueled by its Incitec Pivot Fertilisers acquisition, alongside a significant profit drop due to a $31.8 million impairment on NovaqPro® and acquisition costs. The company declares a higher fully franked dividend, signaling confidence despite challenges.

Resolute Mining’s half year profit more than doubled to $162.6 million, buoyed by soaring gold prices that offset a 31% drop in production. The company advances its Doropo project with key approvals and secures robust local financing.

PlaySide Studios reversed a prior-year loss with a 13% revenue increase to $54.9 million and a 144% jump in net profit to $5.4 million, driven by strong Original IP sales and a strategic cost restructure.

Yowie Group's revenue declined in the first half of 2026 as it navigated supply chain shifts and cautious retail demand, but the company secured a significant Australian licensing deal and ended costly legacy litigation.

Santos Limited's half-year results show a 19% drop in net profit to US$355 million amid higher production and LNG ramp-up costs, while declaring an interim dividend of 11.6 US cents per share.

Lycopodium Limited reported a solid FY26 with $377.5 million revenue, a slight profit dip, and a 69% dividend hike, while setting sights on accelerated growth in the Americas.

Viva Leisure posted a 12.2% revenue increase to $237.1 million and a 144.5% jump in net profit after tax for FY2026, declaring its first fully franked dividend and launching Meridium Global as a standalone payments and technology business.

The Queensland Court of Appeal has overturned a prior Supreme Court decision that had set aside a statutory demand against Australian Pacific Coal, ordering the company to cover legal costs for both proceedings.

Almonty Industries launches a US$300 million share repurchase program over three years, aiming to capitalise on undervalued shares ahead of full capacity at its Sangdong mine.

Adherium has tapped its major shareholder, Trudell Medical, for a further AUD 1 million unsecured loan to bolster working capital, adding to a recent USD 1.65 million facility.