Latest Financials News

Westgold Resources projects a rise in gold production to 345-385koz in FY26, backed by significant capital investment and operational improvements aimed at boosting free cash flow.

Tivan Limited’s Speewah Fluorite Project has secured a $2 million second instalment from the Australian Government’s IPCM grant, boosting joint venture efforts to progress feasibility studies ahead of a final investment decision.

News Corporation has reported a modest 2% increase in revenues to US$8.452 billion for the fiscal year ended June 30, 2025, alongside a remarkable 344% surge in net income to US$1.18 billion. The company declared a stable total dividend of US$0.20 per share, reflecting confidence despite market challenges.

Prophecy International and Complexica announce a strategic merger to form MergeCo, an ASX-listed AI pure play with enhanced scale, product synergies, and growth potential.

Silk Logistics Holdings Limited will be suspended from ASX trading following court approval of its acquisition by DP World Australia, marking a significant shift in the logistics sector.

Manhattan Corporation has successfully raised $2.2 million to fund exploration activities at its Hook Lake Project, initiating fieldwork and commissioning an airborne magnetics survey to unlock new gold and polymetallic targets.

The Supreme Court of New South Wales has approved CoStar Group’s acquisition of Domain Holdings Australia, setting the stage for a significant ownership change and a special dividend payout to shareholders.

WestStar Industrial’s subsidiary SIMPEC has landed a significant $11 million contract to expand Tianqi Lithium’s Kwinana hydroxide processing facility, reinforcing its role in Australia’s energy transition.

Dexus Industria REIT has agreed to sell its remaining Brisbane Technology Park assets for $155.5 million, marking a strategic pivot to concentrate solely on industrial properties.

Peet Limited has announced an extension of its on-market share buy-back program, with a remaining 2.68 million shares to be acquired over the next year. The buy-back will be managed by UBS Securities Australia Limited and is set to run from September 2025 to September 2026.

Tamawood Limited has posted an 18.5% increase in revenue for the year ended June 2025, alongside a modest rise in net profit, while maintaining a strong balance sheet and reinstating its dividend reinvestment plan.

Argent Minerals is fast-tracking its Kempfield Polymetallic Project in NSW, launching diamond drilling and metallurgical testwork to explore early production options and support a scoping study.