Latest Matter News

Estrella Resources has upgraded confidence in its Werumata limestone project, moving 274Mt into the Indicated category after expanding bulk-density data. The total resource falls to 533Mt from 621Mt, but the company says the change reflects revised density assumptions rather than less mineralised rock.

Benjamin Hornigold will pay shareholders a fully franked special dividend of 6.2 cents per share on 18 November, following litigation updates and executed deeds of settlement. The distribution is worth more than its headline cash amount to eligible Australian shareholders because it carries full franking credits.

Freehill Mining has secured A$600,000 from a placement and launched a further A$606,943 entitlement offer as September aggregate sales reached a record A$506,121. The funding will support Islón plant upgrades, working capital and permitting for the Blanco y Negro copper-gold project.

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.

ASIC has closed its investigations into WiseTech Global, Richard White and two current employees without enforcement action. A separate inquiry into another individual continues, leaving one thread unresolved.

Centuria Industrial REIT has agreed almost 25,000 square metres of leases at a 31% year-to-date re-leasing spread, while selling a vacant Queensland asset for $34.25 million at book value. The industrial landlord reaffirmed FY27 earnings and distribution guidance as it advances longer-term data centre and renewable energy opportunities.

BLS Pharmaceuticals has opened FY27 with record quarterly revenue, positive operating cash flow and reaffirmed full-year guidance. The report contains conflicting Q1 revenue figures of $26.7 million and $27.5 million, while its Scotland expansion remains subject to regulatory approval.

Rokeby Resources has extended a high-grade mineralised shoot at its Mt Wills Goldfield in Victoria, with a new intercept of 0.3 metres at 138 g/t gold. The result arrives as the company prepares an updated JORC 2012 resource estimate and awaits four more holes from its maiden drilling campaign.

Chorus has retained its BBB issuer credit rating with a positive outlook after S&P reclassified NZ$683 million of government-linked securities as debt. The change lifts adjusted leverage, but S&P still sees a possible upgrade to BBB+ if Chorus keeps FFO-to-debt above 13% and maintains supportive financial policies.

The Supreme Court of Western Australia has approved Central Asia Metals’ scheme to acquire 100% of Cygnus Metals, moving the transaction into its final procedural phase. Cygnus expects the scheme to become effective on 15 October, with implementation scheduled for 27 October.

Helix Resources says the Supreme Court of British Columbia has declared its Gold Basin earn-in and joint venture agreement unenforceable and ordered the company to pay petition costs. The ruling puts the Arizona project’s future with Helix in question, while the company says its White Hills project is unaffected.

Bougainville Copper’s half-year loss widened to K13.4 million as operating cash outflows accelerated and a one-off partner termination fee added to costs. The company also faces continuing uncertainty over its rights to the Panguna mine after its exploration licence was subordinated to a new 25-year mining lease.