Latest Equities News

Kore Potash has initiated a formal sale process as it seeks a strategic partner with potash mining expertise for its Kola Project, while also reviewing funding options to support project construction.

McLaren Minerals has launched a fully underwritten A$3.6 million entitlement offer to accelerate development of its McLaren titanium project, offering shareholders discounted shares and options.

An independent expert report from Kroll Australia affirms the proposed merger between Southern Cross Media Group and Seven West Media is fair and in the best interests of Southern Cross shareholders, setting the stage for a major consolidation in Australian media.

Golden State Mining has appointed Keith Middleton as Managing Director and CEO, bringing over two decades of mining sector expertise and a strategic vision for growth. His leadership comes with a significant share-based incentive, signaling a new chapter for the exploration company.

Wesfarmers has updated details on its 2025 special dividend, confirming a fully franked payout of $0.40 per share alongside a $1.10 capital return, both payable in December following shareholder approval.

AMA Group Limited secured strong shareholder approval across all resolutions at its 2025 Annual General Meeting, including capital consolidation and executive incentives.

Cash Converters International Limited (ASX – CCV) has announced a fully underwritten $25 million equity raising to finance the acquisition of a 29-store Australian franchise network, aiming to expand its corporate footprint and accelerate growth.

West African Resources reported robust Q3 gold production of 92,721 ounces at a competitive all-in sustaining cost, while navigating ongoing discussions with the Burkina Faso government over increased ownership in its Kiaka project.

AMA Group Limited reported a robust FY25 with a 38.4% rise in normalized EBITDA and significant net debt reduction, setting a confident tone for FY26. Operational improvements across key divisions underpin the company’s optimistic outlook.

Pepper Money and KKR have agreed to acquire Westpac’s RAMS home loan portfolio, marking a significant move in Australia’s mortgage servicing landscape. The $21.4 billion portfolio acquisition aligns with Pepper Money’s strategy to expand its capital-light servicing business.

Westpac has agreed to sell its $21.4 billion RAMS mortgage portfolio to a consortium led by Pepper Money, KKR, and PIMCO, aiming to simplify operations and boost capital ratios despite an expected loss on sale.

Westpac Banking Corporation reported a modest decline in full-year net profit, while advancing key transformation initiatives and raising dividends slightly.