Latest Geopolitics News

Canadian Phosphate has secured a five-year exploration permit for its Wapiti Phosphate Project and commenced a 3,000m drilling campaign, while progressing the pending acquisition of the Diamond Mountain Project in Utah. A $5.2 million capital raise positions the company to accelerate its North American phosphate ambitions.

Viva Energy’s 1H26 EBITDA surged to an estimated $770-$780 million, more than doubling from 1H25, driven by elevated refining margins amid Middle East supply disruptions and robust retail and commercial sales.

Barton Gold’s June quarter report highlights exceptional high-grade gold and silver assay results across its South Australian projects, backed by a $26 million institutional placement that strengthens its cash position and development outlook.

Whitehaven Coal delivered a robust finish to FY26, hitting top-end guidance for production and sales while improving safety and reducing costs.

Verbrec Limited confirms a robust FY2026 with revenues up nearly 50%, while unveiling a bullish FY2027 outlook driven by full-year Alliance Automation integration and expanding project pipelines.

Australian Foundation Investment Company (ASX:AFI) posted a 3% increase in net profit for FY26, holding dividends steady with a special payout amid portfolio underperformance against the ASX 200.

Wilson Asset Management's active portfolio surged 75.5% in FY2026, vastly outperforming benchmarks and underpinning a generous fully franked dividend. The fund's pivot to AI, critical minerals, and small resources sectors underpins a cautiously optimistic outlook amid market volatility.

Supply Network Limited has reported a strong preliminary FY2026 with $403.1 million in sales and a 44-cent fully franked final dividend, reflecting solid profit growth despite Middle East disruptions. The company is advancing major branch expansions and IT upgrades to fuel future growth.

MaxiPARTS upgrades FY26 operating profit guidance to $14.2 million, driven by strong cost control and a $9 million inventory reduction, while bolstering its executive team with key appointments.

Sunrise Energy Metals is fast-tracking studies to triple scandium oxide production at its Syerston project, aiming to meet soaring global demand and secure supply outside China. The initial 60tpa development targets commercial production in 2028, while the expanded 180tpa plan remains flexible and contingent on market signals.

OFX Group has accepted a recommended all-cash takeover bid from UK-based Equals at $1.00 per share, more than doubling its share price from early February. The deal values OFX at $247 million equity and hinges on due diligence, debt financing, and shareholder approval, while the company reports steady growth in its corporate payments business and strong non-FX revenue.

Nico Resources has completed preparations for a key infill drilling campaign at its Wingellina nickel-cobalt project, aiming to upgrade resource classifications and refine metallurgical understanding. The company also inked a strategic MOU with Pure Battery Technologies to explore regional refining opportunities amid a turbulent nickel price environment.