Latest Financials News

Orica Limited has resolved its US litigation with CF Industries by agreeing to a US$169.5 million settlement and is acquiring Nelson Brothers’ explosives business, strengthening its North American operations and boosting earnings.

Perseus Mining has agreed to sell its majority interest in the Meyas Sand Project in Sudan for US$260 million, marking a strategic shift amid regional conflict. The deal will bolster Perseus’s balance sheet and refocus resources on core assets.

Elixir Energy has completed drilling the Lorelle-3H well in Queensland’s Taroom Trough, achieving over 1,000 metres of high-quality net gas-condensate pay and setting a new benchmark for lateral drilling in the basin. A multi-stage fracture stimulation and production test is planned for Q2 2026, potentially paving the way for Elixir’s first reserves booking.

Meridian Energy’s February 2026 report reveals below-average hydro inflows but robust water storage and growing retail customer base, highlighting resilience amid weather challenges and market fluctuations.

NeuRizer Limited has secured a pivotal partnership with Reliance Industries, enabling it to resolve funding challenges and accelerate its Leigh Creek urea project. This collaboration marks a turning point for the company, allowing it to exit suspension and advance critical regulatory and operational milestones.

MC Mining reports a modest improvement in half-year losses despite declining coal production and revenue, while advancing its Makhado Project and suspending Uitkomst operations to curb cash losses.

Clime Investment Management has entered a strategic partnership to combine its advice business with a leading Australian financial advice group, retaining a significant equity stake and vendor financing role.

Dalrymple Bay Infrastructure has successfully priced a $350 million five-year bond, marking its debut in the Australian Medium-Term Note market with robust investor demand.

ARC Funds Limited has been suspended from ASX trading due to a failure to maintain the minimum number of directors required by law, raising questions about its governance and future compliance.

Structural Monitoring Systems Plc has resolved its Federal Court proceedings with a settlement, allowing the company to refocus on its core business priorities.

Mount Hope Mining Limited has reported progress in its Mt Solitary gold prospect drilling while posting a $1.14 million loss for the half-year ended December 2025. The company’s exploration efforts continue to focus on resource growth in the southern Cobar Basin.

Diversified United Investment Limited (DUI) has registered its Scheme Booklet with ASIC, proposing a merger with Australian United Investment Company Limited (AUI). The Independent Expert concludes the merger is in the best interests of DUI shareholders, with directors unanimously recommending a vote in favour.