Latest Financials News

Duratec Limited is set to acquire Newcastle-based Pacific Welding Australia for up to $12 million, boosting its Energy and Mining sector footprint in NSW. The deal enhances Duratec’s self-perform capabilities and access to key Hunter Region clients.

Northern Star Resources announces a substantial on-market share buy-back program of up to A$500 million starting April 2026, aiming to enhance shareholder returns while maintaining financial strength.

Synlait Milk Limited has completed the sale of its North Island assets to Abbott for NZ$307 million, significantly reducing its bank debt and refocusing its operations on Canterbury.

Healthscope has paid all rent due through April 2026 for hospitals owned by HealthCo Healthcare & Wellness REIT, while alternative operators submit plans to take over hospital operations.

PEXA Group has dismissed any undisclosed information behind its recent share price drop, attributing market moves to a preliminary IPART pricing consultation paper.

Dome Gold Mines Ltd launches a $3 million convertible note offering to fund key developments in Fiji, including the Sigatoka Feasibility Study and expanded exploration for copper, gold, and silver.

Advanced Innergy Holdings Ltd has responded to ASX inquiries denying any media leak regarding its proposed $0.40 cash bid for Matrix Composites & Engineering, reaffirming its commitment to strict disclosure policies.

Cassius Mining’s Ghanaian subsidiary has escalated its damages claim to USD 905 million, citing lost profits from a stalled gold project, as the arbitration hearing looms in June.

Red Sky Energy has secured its stake in the next phase of the Yarrow gas field development with Santos, backed by a $1 million placement and a planned Rights Issue to fund its share of the $2 million expenditure.

PT Aneka Tambang Tbk (ANTAM) reported a historic financial year in 2025, with revenue up 22% and net profit more than doubling to Rp7.92 trillion, driven by strong domestic demand and operational efficiency. The company also navigates evolving Indonesian mining regulations and ongoing legal challenges as it invests in downstream nickel projects.

Metgasco has ended its asset sale agreement with Vintage Energy after funding conditions were unmet, signaling a strategic pivot amid ongoing exploration and recapitalisation efforts.

Lindian Resources has raised A$100 million through an institutional placement, fully funding its Kangankunde Stage 1 project and accelerating Stage 2 expansion alongside downstream processing integration.