Latest Geopolitics News

Transurban recorded 3.4% growth in Group average daily traffic in August, with North America again providing the standout performance. The result was positive overall, although Melbourne’s underlying traffic fell once the West Gate Tunnel contribution was removed.

Deep Yellow reported a A$13.3 million FY2026 profit and moved its Tumas uranium project closer to a targeted fourth-quarter investment decision. The company remains debt free, but acknowledges it will need external capital to fund construction.

PGG Wrightson delivered a sharp improvement in FY26 earnings, with Operating EBITDA up 15% to NZ$64.3 million and net profit rising 46% to NZ$15.6 million. The result supports a fully imputed 5.5 cents per share final dividend, although debt and GO-STOCK receivables have also expanded.

Australian United Investment Company’s profit surged after its merger with Diversified United Investment, but the headline result was dominated by a one-off acquisition gain. Underlying profit rose 19.9%, while AUI expanded its portfolio to about A$3.1 billion and declared fully franked dividends totalling 28 cents per share.

Lithium Universe’s Pre-Feasibility Study for its Brownsville Lithium Carbonate Refinery reveals robust economics and strategic US positioning, aiming to close North America’s lithium conversion gap.

Fitzroy River Corporation reported a modest loss for FY26, with a key highlight being a $12.27 million disputed payment from Endura Mining related to its Snowy River Gold Project royalty. The company has initiated court proceedings in New Zealand to clarify the validity of this buyout option while exploring potential sale of its Bowdens Silver royalty.

Galilee Energy posted a $5.42 million loss for FY2026 amid heavy investment in its US Zydeco Gas Project and progressing the sale of its Australian Glenaras asset. The company is pivoting to US operations with drilling underway and a $3.5 million placement announced.

Aurum Resources has unveiled new high-grade gold intercepts from 22 diamond drill holes at its Boundiali BST1 deposit in Côte d'Ivoire, confirming ongoing resource growth potential and advancing development plans toward production by 2028.

Wilson Asset Management declared a 15.5 cents per share dividend for FY2026 despite a 10.5% portfolio loss, setting a cautious 8.0 cents dividend target for FY2027 amid macroeconomic headwinds.

Ionic Rare Earths (ASX: IXR) and US Strategic Metals have agreed to a 50-50 joint venture to develop rare earth magnet recycling facilities at a fully permitted Missouri site, backed by US$100 million in funding.

Daly Resources advances exploration across 6,451 km² in the Northern Territory, revealing fluorite assays up to 95.1% CaF₂ and significant copper-zinc potential backed by strategic investors and government funding.

American Tungsten & Antimony has commissioned Metso Finland to conduct a concept-level study for expanding ammonium paratungstate production at its Nevada Del Sol Refinery, aiming to bolster US domestic tungsten supply amid national security concerns.