Latest Finance News

Riversgold has been granted a 21-year mining lease for its Northern Zone Gold Project near Kalgoorlie, clearing a major hurdle for development and triggering full funding from Mega Resources under a profit-sharing agreement.

KGL Resources has launched a $120 million entitlement offer at $0.20 per share, part of a $300 million capital raise to fund the Jervois Copper Project. The offer is underwritten except for pre-commitments from major shareholders, with new shares expected to be issued late July.

Atlas Arteria has lodged its seventh supplementary target’s statement, reinforcing the Independent Directors’ unanimous recommendation to reject IFM Global Infrastructure Fund’s takeover offer. The statement highlights the strategic rationale behind settling a US$100 million put option with Ontario Teachers’ Pension Plan and outlines risks tied to IFM’s majority ownership.

Osmond Resources is advancing its Orión EU Critical Minerals Project with imminent assay results, upcoming resource estimates, and a secondary listing on the Madrid Stock Exchange, aiming to become the EU's first producer of rare earth-bearing minerals.

Alcoa Corporation has struck a $4.1 billion deal to acquire South32's bauxite, alumina, and aluminium operations, including a contingent value right of up to $750 million tied to commodity prices. The transaction is expected to close in H1 2027, pending approvals.

Talga Group has begun commercial deliveries of its Talnode®-C battery anode to Nyobolt, marking a key revenue milestone and advancing its European supply ambitions. The 3,000-tonne offtake deal sets the stage for Talga's planned commercial-scale anode plant, with further customer negotiations underway.

Silver Mines has submitted a refreshed Biodiversity Development Assessment Report for its Bowdens Silver Project, moving the development application closer to redetermination by NSW authorities. The project remains a critical minerals priority with significant job creation potential.

Navigator Global Investments has finalised its US$190 million acquisition of a diversified portfolio from Stable Asset Management, establishing a strategic partnership to manage the new assets and expanding its alternative investment footprint.

Sunshine Metals has secured the Mt Moss Operation for $18 million, setting the stage for gold production by mid-2027 and progressing engineering, financing, and exploration activities.

Aurelia Metals prepares for CEO transition with CFO Martin Cummings stepping in as interim CEO and Leigh Collins appointed interim CFO, ensuring leadership continuity during the search for a permanent CEO.

Intelligent Monitoring Group (ASX:IMB) has agreed to acquire ADT's UK residential security business for GBP 180 million, doubling its scale and entering a fast-growing market. The deal is expected to add 40% to EPS on a pro forma basis without requiring external equity.

Kelsian Group has locked in a seven-year NZ$101 million ferry contract in Auckland and is acquiring local operator Belaire Ferries for NZ$8.9 million, marking its first major New Zealand expansion.