Latest Market News

Mirvac Group reported a solid FY25 operating profit of $474 million, maintaining strong momentum in its living sector and residential pre-sales. The company is poised for growth in FY26, supported by easing interest rates and a robust development pipeline.

Mirvac Group has reported a significant turnaround, posting a 108% increase in profit attributable to stapled securityholders despite a 10% decline in total revenue for the year ended June 2025.

McPherson’s Limited has finalized a key pharmacy wholesaler agreement with API Services Australia, marking the completion of its new distribution model and transitioning significant revenue previously handled direct-to-store.

Kincora Copper Limited advances its project generator model with six asset-level partnerships unlocking over A$110 million in funding, supported by a C$4 million private placement led by prominent North American investors. The company ramps up drilling and exploration activities, particularly at its 100% owned Condobolin project.

AnteoTech has mutually terminated its A$1.4 million Queensland government grant to avoid costly co-investment, opting instead for cheaper third-party testing to advance its Ultranode™ battery technology.

SportsHero Limited has entered the Southeast Asian mobile gaming market by signing an exclusive distribution agreement with Yes2Games, bringing globally popular titles like Fruit Ninja and Jetpack Joyride to Indonesia, the Philippines, Thailand, and Malaysia.

Patriot Battery Metals has reported a significant mineral resource upgrade at its Shaakichiuwaanaan Property, reaffirming its position as a leading lithium and caesium explorer. The company also progressed its lithium-only feasibility study and environmental assessments while maintaining a strong financial position.

Mantle Minerals has completed the $13.5 million sale of its Mt Roe subsidiary to Northern Star Resources, redirecting funds to advance exploration at Yule River and Pardoo projects.

Adriatic Metals shareholders have overwhelmingly approved Dundee Precious Metals’ recommended acquisition scheme, clearing a major hurdle toward completion. Key regulatory approvals are in place, with the final court sanction hearing scheduled for late August.

Audalia Resources has reported significant assay results from its recent infill drilling at the Medcalf vanadium-titanium-iron project in Western Australia, confirming consistent mineralisation and progressing towards an updated resource estimate.

Miramar Resources has extended its Share Purchase Plan closing date to 27 August 2025, giving shareholders more time to invest at a 20% discount as the company awaits critical exploration results.

Amcor has completed its transformative acquisition of Berry Global, reporting a 43% jump in quarterly net sales and projecting strong earnings growth for fiscal 2026. The company’s strategic portfolio review and synergy realisation efforts underpin an optimistic outlook.