Latest Cost Savings News

Bank of Queensland reported a robust FY25 with 12% growth in cash earnings and significant progress in its digital banking and branch conversion initiatives. The bank’s focus on productivity and specialist business lending underpins its optimistic outlook despite ongoing economic uncertainties.

Capstone Copper has struck a strategic deal with Orion Resource Partners, unlocking up to $360 million for a 25% stake in its Santo Domingo and Sierra Norte projects, accelerating development in Chile’s Atacama region.

OMG Group has completed a strategic integration with Shiperoo, enhancing its supply chain to meet rising demand from major Australian retailers and ecommerce channels. This move supports recent product expansions and aims to drive cost efficiencies and scalability.

Aurora Energy Metals reports a breakthrough in uranium processing at its Oregon project, achieving high recoveries with significantly reduced acid consumption and simplified operations.

Wellard Limited has formally requested to delist from the ASX following the sale of its final revenue-generating vessel, aiming to reduce costs and return excess cash to shareholders. The move awaits shareholder approval at the upcoming AGM.

AdNeo Limited has outpaced its cost synergy targets from the Learnt acquisition, delivering $2.5 million in savings ahead of schedule and setting the stage for stronger profitability and growth.

Predictive Discovery Limited and Robex Resources Inc. have agreed to merge, creating a major mid-tier gold producer in West Africa with combined production expected to exceed 400,000 ounces annually by 2029.

Cobram Estate Olives has successfully closed a $6.1 million Share Purchase Plan alongside a $2 million shortfall placement, fueling its US growth ambitions. The capital raise complements a recent $175 million institutional placement, underpinning the company’s strategic farmland acquisitions and olive grove developments in America.

First Graphene’s PureGRAPH technology underpins a new solar thermal product range launched in the UK by Senergy Innovations, targeting significant energy savings and market growth ahead of the 2027 Future Homes Standard.

Southern Cross Media Group and Seven West Media have agreed to merge in an all-scrip deal, creating a dominant integrated TV, audio, and digital platform across Australia. The merger aims to unlock significant cost synergies and expand audience reach across metropolitan and regional markets.

Southern Cross Media Group and Seven West Media have agreed to merge, creating a dominant integrated TV, audio, and digital platform in Australia. The deal promises significant cost synergies and shareholder value accretion, pending regulatory and shareholder approvals.

Seven West Media and Southern Cross Media have agreed to merge, creating a dominant integrated media company with extensive reach across TV, audio, and digital platforms in Australia. The merger promises significant cost synergies and enhanced shareholder value, pending regulatory and shareholder approvals.