Latest Economic Outlook News

Commonwealth Bank of Australia reported a stable $2.6 billion cash profit for the quarter, maintaining strong capital and dividend payouts despite slight increases in consumer arrears and corporate credit risks.

Strickland Metals kicks off its 2025 drilling campaign with strong high-grade intercepts at the Rogozna Project, reinforcing the commercial potential of its 5.3Moz AuEq Shanac Deposit.

Sunstone Metals has revealed promising new high-grade gold-silver mineralisation at its Bramaderos Project in southern Ecuador, expanding the scope of its exploration targets and reinforcing the project's potential as a major gold-copper centre.

National Australia Bank posted a 0.8% rise in cash earnings for 1H25, underpinned by profit growth and lower credit impairments amid a cautious economic outlook. The bank advances its strategy focused on customer experience and technology modernization while maintaining strong capital and liquidity positions.

New World Resources has announced a significant 25% increase in the Antler Copper Project's mineral resource, enhancing geological confidence and contained metals, setting a robust stage for production targeted in 2027.

Westpac Banking Corporation reported a slight 1% decline in net profit to $3.3 billion for the first half of 2025, while business and institutional lending grew robustly. The bank maintained a solid capital position and announced a fully franked interim dividend of 76 cents per share.

Westpac Banking Corporation posted a $3.5 billion net profit for the first half of 2025, maintaining strong capital ratios and advancing its digital transformation and sustainability initiatives despite a slight earnings dip.

Dateline Resources has gained critical U.S. regulatory approval for its Colosseum Gold-REE Project, unlocking rare earth exploration rights and pursuing an OTCQB listing to engage American investors.

Lloyds Banking Group reported a resilient start to 2025 with statutory profit after tax of £1.1 billion, underpinned by solid lending and deposit growth. The bank reaffirmed its 2025 guidance, maintaining confidence despite economic uncertainties.

MetalsTech Limited has made significant progress on its Sturec Gold Mine project in Slovakia, advancing the Pre-Feasibility Study and raising A$3.3 million to fund development and strengthen its balance sheet.

PolarX Limited has solidified its control over key Alaska Range copper-gold assets and reported promising 2024 drilling results that enhance underground mining prospects. The company’s recent activities set the stage for advancing development plans backed by a robust scoping study.

Toro Energy has completed a re-optimisation of its Lake Maitland mining pit at the Wiluna Uranium Project, integrating updated uranium and vanadium resource estimates and rising cost assumptions. The company is progressing a scoping study update while engaging with native title groups, positioning itself amid strengthening uranium market conditions.