Latest Market News

Fletcher Building has secured Fast Track approval to expand and deepen its Hunua Quarry, opening access to approximately 225 million tonnes of greywacke. The consent could support more than 50 years of quarry operations, although the announcement does not quantify development costs, timing or financial returns.

Alfabs has carried its cash-generation reset into FY27, producing $2.4 million of free cash flow and cutting net debt to $35.5 million in the September quarter. Mining hire rates strengthened, but weak engineering demand and unfinished debt refinancing still stand between the company and a dividend restart.

Bass Oil’s September revenue surged to A$1.69 million as Bunian 6 drove a sharp increase in Indonesian production and Cooper Basin sales resumed. The company is now targeting first gas from Vanessa by year end, subject to regulatory approval and remaining site work.

Orezone Gold delivered record consolidated production of 59,674 ounces in the third quarter, with both Bomboré and Casa Berardi positioned for stronger output in the final quarter. The company has reiterated its 2026 production guidance despite a seven-day wildfire-related suspension at Casa Berardi.

DroneShield has reached A$261 million in FY2026 Committed Revenue, sitting at the midpoint of its existing A$250 million to A$270 million outlook. The counter-drone specialist also has A$29 million committed for FY2027 and A$17 million scheduled for FY2028 and beyond.

CZR Resources has declared its all-scrip offer for Zuleika Gold best and final after lifting voting power to 72.45%, while confirming the structure of a proposed $15 million buy-back. The takeover consideration will not increase unless a competing proposal emerges, leaving the 6 November closing date as the next key deadline.

Adveritas has secured a $2 million placement at a 42.9% premium to its last close, with the proceeds earmarked for product development, marketing and working capital. The funding comes as the company pushes beyond sports betting and gaming while managing delayed Brazilian customer payments.

Green360 Technologies has secured a binding agreement to supply Eifers Civil with up to 4,800 tonnes of its MKX calcined clay over 12 months. The deal could generate about A$1.2 million if the full volume is ordered and delivered, taking maximum supply under disclosed agreements to 9,600 tonnes.

Airtasker’s Australian marketplace reached a record $57.3 million in first-quarter GMV, while paid subscribers more than doubled in three months. The company reaffirmed FY27 guidance as international growth continued, though seasonal weakness is expected in the UK and US.

Navigator Global Investments expanded ownership-adjusted assets under management by 8.9% to US$36.6 billion in the September quarter, with the newly acquired Stable Growth Portfolio providing a substantial lift. Lighthouse Partners remained broadly flat as US$280 million of inflows were offset by negative quarterly investment performance.

ARB Corporation’s FY26 profit fell 5.2% as weaker Australian aftermarket and OEM sales outweighed modest export growth. The 4x4 accessories maker is relying on improved vehicle supply, US expansion and new product programs to rebuild momentum in FY27.

Gateway Mining will elevate Richard Pugh to managing director and install Anthony McClure as chair after its November AGM, as the company prepares to intensify exploration at Yandal. The leadership reset comes with a $340,000 fixed package for Pugh and 15 million performance rights tied to share-price hurdles.