Latest Financials News

Santana Minerals has lodged a comprehensive Fast-track Approvals application for its Bendigo-Ophir Gold Project in New Zealand, aiming for development consents by the end of the 2026 financial year. The project promises significant economic and employment benefits for the Central Otago region.

Golden Cross Resources Ltd (GCR) reports steady progress on its flagship Copper Hill copper-gold project and maintains a diversified exploration portfolio across Australia, despite ongoing ASX suspension. The company is actively preparing for mining lease applications and seeking investment partners to unlock project value.

AMA Group Limited reported a robust FY25 with a 38.4% rise in normalized EBITDA and significant net debt reduction, setting a confident tone for FY26. Operational improvements across key divisions underpin the company’s optimistic outlook.

Group One Capital Limited has appointed Ross Patane as Managing Director and CEO, marking a strategic leadership transition with seasoned expertise at the helm.

Aquirian Limited has completed a strategic review of its Wubin Energetics Precinct and entered a framework agreement with Hongda Civil Blasting Group to establish a joint venture for an automated electronic detonator facility in Western Australia.

Infinity Mining has partnered with Orivium Global to deploy a cutting-edge metal recovery technology at its historic Cangai copper project, aiming to transform waste into valuable resources with minimal environmental impact.

Streamplay’s Noodlecake Studios has signed a new publishing deal with Funselektor Labs to bring the motorsport management game Golden Lap to mobile devices, marking their third successful collaboration.

Western Gold Resources has confirmed strong grade continuity and mineralisation at its Gold Duke Project, underpinning a positive Decision to Mine. The comprehensive drilling program supports robust cash flow forecasts and a rapid project payback.

ResMed Inc. reported a robust 9% increase in net revenue for Q1 FY2026, driven by strong demand in its Sleep and Breathing Health and Residential Care Software segments. Despite ongoing patent litigation, the company delivered a 12% rise in net income and boosted shareholder returns with a $150 million share repurchase.

Pepper Money and KKR have agreed to acquire Westpac’s RAMS home loan portfolio, marking a significant move in Australia’s mortgage servicing landscape. The $21.4 billion portfolio acquisition aligns with Pepper Money’s strategy to expand its capital-light servicing business.

Westpac has agreed to sell its $21.4 billion RAMS mortgage portfolio to a consortium led by Pepper Money, KKR, and PIMCO, aiming to simplify operations and boost capital ratios despite an expected loss on sale.

Westpac Banking Corporation reported a modest decline in full-year net profit, while advancing key transformation initiatives and raising dividends slightly.