Latest Lead News

Xero Limited reported a robust first half of FY26 with 20% revenue growth and a 42% jump in net profit, driven by the strategic acquisition of Melio and expanded AI capabilities.

Sagalio Energy’s shares surged sharply on November 12, prompting ASX to demand clarity on undisclosed information and compliance with disclosure rules.

Seven West Media shareholders are preparing to vote on a scheme of arrangement for acquisition by Southern Cross Media Group, with the Seven board unanimously recommending approval. The merger promises significant cost synergies and a stronger combined media platform.

Income Asset Management has appointed Danielle Press as Chair and elevated CEO Jon Lechte to Managing Director, marking a significant leadership transition following the retirement of long-serving Executive Chair John Nantes.

Australian Gold and Copper Ltd has completed its acquisition of the Browns Reef tenement package, doubling its South Cobar Project area and setting the stage for a maiden resource estimate at the Evergreen target.

Neurotech International has received a $4.73 million R&D tax incentive refund, reinforcing its clinical development efforts in paediatric neurological disorders. The funds will support ongoing trials and working capital needs.

Ballymore Resources’ maiden reverse circulation drilling at the historic Torpy’s Crooked Creek mine reveals significant massive sulphide lead-zinc mineralisation, confirming extensions to the old high-grade silver-lead-zinc workings. Assay results are pending, promising further insights into this emerging Queensland base metals play.

Kinetiko Energy has raised $3.15 million through a placement led by key South African and Australian investors to fast-track its Project Alpha gas development in South Africa. The capital injection supports drilling and exploration activities aimed at expanding the company’s resource base.

CVC Limited has announced an offer of $50 million in redeemable, unsecured notes (CVC Notes 3), combining a New Money Offer and a Reinvestment Offer for existing CVCHA holders. The notes will pay floating quarterly interest and are expected to be listed on the ASX under code CVCHB.

Greenvale Energy’s latest drilling and trenching at the Oasis Uranium Project confirm high-grade uranium continuity and reveal a potential second mineralised structure, expanding exploration horizons.

Middle Island Resources has reported strong channel sampling results from the historic Bobija Mine in Serbia, confirming significant gold, silver, copper, lead, and zinc mineralisation. The company has completed its Phase 1 drilling program, with assay results expected soon.

ARN Media reports a challenging second half of FY 2025 with a 10% revenue decline and expects EBITDA to fall 25%-27%, while advancing a $40 million cost reduction program and repositioning as an entertainment business.