Latest Economic Outlook News

Jameson Resources has marked significant progress in advancing its Crown Mountain steelmaking coal project, doubling its pre-tax NPV to US$942 million and moving closer to final environmental approvals and development permits expected by the end of 2026.

Whitefield Income Limited reported a robust half-year profit surge and a significant capital raise, maintaining steady dividends amid a cautiously optimistic economic outlook.

Coda Minerals has updated the economics of its Elizabeth Creek Copper-Silver Project, reflecting significant rises in copper and silver prices since August 2025, boosting the project's valuation and reinforcing its development case.

St George Mining has won preferential tax treatment from the Minas Gerais government, cutting development costs for its flagship Araxá Project in Brazil. This support bolsters the company’s ambitions to establish a world-class niobium and rare earths operation.

Westpac Banking Corporation reported a steady net profit of AUD 1.9 billion for the first quarter of 2026, underpinned by stable margins and robust capital ratios. The bank’s credit quality and funding position remain resilient amid a cautious economic outlook.

Westpac Banking Corporation reported a 6% rise in net profit for the first quarter of 2026, underpinned by strong capital ratios and ongoing transformation initiatives. The bank’s strategic focus on customer service and operational efficiency signals a confident outlook amid evolving market conditions.

ANZ Group Holdings Limited reported a robust first quarter with a 75% jump in cash profit, driven by cost cuts and revenue growth, signalling early success in its ANZ 2030 strategy.

Commonwealth Bank of Australia reported a 5% rise in net profit for the half-year ended December 2025, balancing lending growth with margin pressures and increased technology investment.

Macquarie Group has reported a solid third quarter for FY26, with significant profit gains in asset management and capital divisions, alongside steady growth in banking services. The group maintains a strong capital buffer, positioning itself well despite a cautious economic outlook.

Cannindah Resources has launched a focused drilling campaign at its Cannindah Breccia deposit, aiming to unlock a high-grade ‘GAP’ zone within its existing copper-gold resource. Early results hint at significant grade improvements that could reshape the project’s economic outlook.

Andean Silver reports robust drilling results at its Cerro Bayo Silver-Gold Project in Chile, revealing significant mineralisation expansions and upgrades ahead of a resource update. The findings underpin ongoing restart studies and feasibility work, supported by strong funding and rising precious metals prices.

Advance Metals has revealed compelling results from historic core sampling at its Yoquivo Silver-Gold Project, highlighting extensive high-grade mineralisation and potential for both underground and bulk tonnage resources. An upgraded JORC resource estimate is imminent.