Latest Financial Outlook News

The Papua New Guinea Mining Advisory Committee has recommended extending St Barbara's Simberi Mining Lease to 2038, aligning with plans to boost gold production beyond 200,000 ounces annually.

Adelong Gold has formally issued a Deadlock Notice to Great Divide Mining, citing fundamental disagreements over the approval of the Challenger Gold Mine’s first annual programme and budget. The dispute raises questions about the joint venture’s path forward amid conflicting claims on production targets and technical assumptions.

Phoslock Environmental Technologies prepares for ASX reinstatement with improved sales, factory refurbishment, and ongoing legal mediation.

Telstra Group Limited has announced a fully franked interim dividend of 9.5 cents per share for the six months ending June 2025, accompanied by a Dividend Reinvestment Plan with no discount.

Marimaca Copper Corp reported solid liquidity with $25.6 million in working capital and completed a C$24.4 million private placement, while managing ongoing challenges related to the liquidation of a key receivable from Minera Rayrock Ltda.

Life360, Inc. reported a return to profitability in Q2 2025, driven by strong subscription growth and strategic partnerships, while also announcing a leadership transition and issuing $320 million in convertible notes.

Metro Performance Glass is set to strengthen its balance sheet and support its turnaround strategy through a $15 million to $24 million equity raise, with Amari Metals Australia poised to become the majority shareholder. This recapitalisation aims to reduce debt and improve operational focus amid challenging market conditions.

Donaco International Limited’s shares have been suspended from trading on the ASX following court approval of its acquisition by On Nut Road Limited. This marks a significant step in the company’s transition under new ownership.

Block, Inc. reported a robust second quarter with 14% year-over-year gross profit growth, driven by strong performances from Cash App and Square. The company raised its full-year guidance, highlighting strategic expansions in peer-to-peer payments, AI tools, and bitcoin integration.

Lodestar Minerals launches a pro-rata bonus issue of Loyalty Options to existing shareholders, offering potential future capital without immediate dilution. The options are exercisable at $0.01 until August 2029, aiming to reward long-term investors and support company growth.

Aeris Resources has outlined its FY26 production targets, aiming for a 40-49kt copper equivalent output while advancing key projects and planning asset divestments to strengthen its balance sheet.

Lake Resources N.L. has released a pivotal DFS Addendum for its Kachi lithium project, showcasing enhanced lithium grades, reduced costs, and robust financial metrics that position the project as a leading lithium brine development in Argentina.