Latest Finance News

New World Resources’ Antler Copper Project in Arizona has been designated a FAST-41 Transparency Project, promising a streamlined federal permitting process and reinforcing its strategic role in US critical minerals supply.

Canyon Resources has locked in a US$140 million syndicated credit facility alongside a AU$24.5 million option exercise by a major shareholder, positioning the company to fast-track operations at its Minim Martap Bauxite Project in Cameroon.

Elders Limited has reported a robust 67% increase in underlying EBIT for the first half of FY25, driven by higher livestock prices and strategic acquisitions, while navigating challenges from dry weather impacting crop inputs.

Medallion Metals has reported outstanding drilling results from its Kundip Mining Centre, reinforcing confidence in its resource base and growth potential. The company is also advancing exclusive talks to acquire the Forrestania Nickel Operation, a key step in its sulphide development strategy.

Macarthur Minerals Limited has launched a pro-rata entitlement offer to raise nearly $2 million, issuing new shares with free attaching options, fully underwritten by Gold Valley Yilgarn Pty Ltd. The capital raise aims to advance exploration and development at its Giles Lake Iron Project and support corporate operations.

Genesis Minerals has secured the Laverton Gold Project from Focus Minerals for A$250 million, significantly expanding its resource base near its Laverton mill and advancing its ASPIRE 400 growth strategy.

Cash Converters has announced its exit from the Small Amount Credit Contract payday lending sector, signaling a strategic shift away from this controversial market segment.

Turners Automotive Group has reported a record FY25 performance, with net profit after tax rising 17% to $38.6 million and dividends increasing 14% to 29.0 cents per share, showcasing resilience amid challenging economic conditions.

Turners Automotive Group has delivered a record FY25 profit and dividend, showcasing resilience amid economic challenges and positioning itself to exceed FY28 profit goals ahead of schedule.

EROAD Limited reported solid financial results for FY25, with revenue up 6.8% to NZ$194.4 million and a substantial improvement in free cash flow to NZ$16 million. The company’s strategic focus on enterprise fleet growth and innovation underpins a confident FY26 guidance.

Osteopore Limited has drawn down an additional A$500,000 from the first tranche of its redeemable convertible notes, bringing total subscriptions close to the A$5 million tranche limit. The funds will support ongoing operations and future growth initiatives.

Nufarm Finance (NZ) Limited reported a 4.1% increase in net profit after tax to NZD 10.35 million for the half-year ended 31 March 2025, driven by higher interest rates. The company declared an interim distribution of NZD 4.31 per security, payable in October 2024.