Latest Litigation News

Sarama Resources has raised A$2.7 million to fund exploration at its Australian gold projects while progressing a significant arbitration claim against Burkina Faso for expropriation of its African permit.

Sarama Resources Ltd reported a $1.9 million loss for the first nine months of 2025 while securing A$2.7 million in equity funding and advancing a $242 million arbitration claim against Burkina Faso over mining permit expropriation.

Superior Resources Limited has lodged a transaction specific prospectus to offer 1,000 new shares at $0.01 each, enabling previously issued shares to be sold without further disclosure. The move addresses regulatory compliance while raising minimal funds.

Paladin Energy reported a reduced net loss of US$9.9 million for Q1 FY2026 and completed a significant A$300 million equity raise to fund key uranium projects. The company also faces shareholder class actions alleging misleading production guidance.

Orica Limited has reported its strongest earnings in over a decade, with a 23% rise in EBIT to $992 million and a 32% jump in net profit before significant items. The company also increased its share buy-back program and declared a higher dividend, signaling confidence in its growth strategy and sustainability commitments.

Orica Limited reported a 6% increase in revenue to AUD 8.14 billion and a 23% rise in EBIT to AUD 992.2 million for FY2025, alongside record safety performance and significant strides in decarbonisation.

Life360, Inc. reported robust Q3 2025 financial results driven by subscription and partnership revenue growth, alongside a leadership transition and strategic capital moves. The company also announced a major acquisition to bolster its advertising platform.

Bentley Capital is seeking to recover 50% of legal costs from Keybridge Capital following a Federal Court ruling related to director William Johnson’s litigation expenses. Settlement talks are underway as the exact amount awaits judicial assessment.

Light & Wonder, Inc. reported a 3% revenue increase for Q3 2025, driven by its Gaming and iGaming segments, alongside completing the Grover acquisition and refinancing debt with $1 billion in senior notes.

Sarama Resources has formally filed a US$242 million damages claim against Burkina Faso following the expropriation of its Tankoro 2 Exploration Permit, marking a pivotal step in its international arbitration process.

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.

Zuleika Gold advances its Plutonic Mine litigation with a trial delay to early 2026, while gearing up for exploration drilling and bolstering its finances with new funding.