Latest Market News

GBM Resources has appointed Daniel Hastings as its new CEO, bringing 25 years of global mining expertise to drive strategic growth and operational excellence.

PM Capital Global Opportunities Fund Limited reported a robust 33.98% rise in profit after tax to $168.2 million for FY25, alongside a raised fully franked final dividend of 6.0 cents per share. The fund’s portfolio outperformed key benchmarks, reflecting strategic positioning amid structural global economic changes.

Australian Rare Earths Limited (AR3) has received a $1 million instalment from the Australian Government’s $5 million IPCM grant, boosting progress on its Koppamurra Rare Earths Project. This funding supports critical metallurgical testwork and a Pre-Feasibility Study, positioning AR3 as a key future supplier of rare earths.

Santana Minerals has raised A$63 million through a fully underwritten placement and a Share Purchase Plan to fast-track development of its Bendigo-Ophir Gold Project, attracting strong support from international and domestic investors.

IODM Limited has triggered a significant increase in its guaranteed minimum monthly revenue from its UK Education segment, reflecting a remarkable 242% growth in July 2025 compared to last year. This milestone boosts the annualised minimum payment to AUD 2.39 million, underscoring the strength of its digital accounts receivable platform.

Provaris Energy has launched a fully funded Front End Engineering Design phase for its proprietary large-scale liquid CO2 tanks, backed by Yinson. The move signals growing market interest in scalable carbon capture shipping solutions, especially across Asia.

Iltani Resources reports robust assay results from recent drilling at its Orient East silver-indium deposit, revealing wide, high-grade mineralisation and prompting an expanded drilling program that delays the maiden resource estimate to late 2025.

JB Hi-Fi Limited reported a robust 10% increase in FY25 sales to AUD 10.55 billion, alongside a strategic dividend hike and a planned CEO transition, signaling confidence in future growth.

Dexus Convenience Retail REIT reported steady FY25 results, maintaining near-full occupancy and a strong portfolio valued at $728 million, while advancing key redevelopment projects and sustainability initiatives.

Dexus Convenience Retail REIT has reported FY25 results slightly above guidance, underpinned by strong portfolio income growth and a robust balance sheet. The fund is advancing its Glass House Mountains redevelopment, positioning for future income expansion.

Iress Limited reported a robust first half of 2025 with strong earnings growth and reduced leverage, driven by core business strength and strategic divestments. The company is poised to capitalize on regulatory tailwinds and technology demand in wealth and trading sectors.

DroneShield launches SentryCiv, a subscription-based AI-powered counter-drone solution designed to protect civilian critical infrastructure from emerging aerial threats.