Latest New Zealand News

Cyclone Metals advances its flagship Iron Bear Project despite a minor delay in drilling caused by First Nations election disputes, while strengthening its cash position through significant share sales.

Locate Technologies proposes a scheme to migrate its listing from ASX to NZX, enabling continuation of its Bitcoin Treasury Strategy without ASX restrictions. The move aims to broaden investor base and enhance shareholder value.

Manuka Resources has secured significant funding and restructured debt to support the restart of its Australian mines, while awaiting a pivotal environmental decision on its New Zealand Taranaki VTM Project.

Bathurst Resources has released a detailed Prefeasibility Study for its Buller Plateaux Continuation Project, confirming 11.8 million tonnes of coal reserves and robust project economics that could extend the life of the Stockton Mine by over 15 years.

Bathurst Resources Limited has announced a substantial increase in its marketable coal reserves, driven by key project developments and positive feasibility studies, while total resources saw a slight decline due to reassessments and mining depletion.

New Age Exploration advances its Pilbara and New Zealand gold projects with promising geological results and secures $3.75 million to fund further exploration.

RMA Global Limited kicked off FY26 with a robust 21% increase in recurring revenue, driven by the rollout of Curated Social and a strategic pivot to target US brokerages exclusively. The company’s new Social Studio platform is gaining traction across the US, Australia, and New Zealand.

Wesfarmers Limited has announced a fully franked special dividend of AUD 0.40 per share alongside a substantial AUD 1.10 capital return, both payable on 4 December 2025, marking a significant milestone in its 2025 capital management strategy.

Santana Minerals reports robust progress on its Bendigo-Ophir Gold Project with an updated Pre-Feasibility Study, strategic land acquisitions, and a substantial capital raise, positioning the project for development in 2026.

Spenda Limited reported a record $204 million in payment volumes for Q1 FY26 alongside a strategic cost reduction of 21% annualised. The quarter also saw a significant leadership change with the resignation of its Managing Director.

Simble Solutions reports new multi-year contracts in the UK and Australia, boosting revenue prospects, but faces a cash runway of less than one quarter and is exploring funding options.

Vulcan Steel reported a sharp profit decline in FY25 amid tough market conditions but strengthened its balance sheet and expanded into roofing with a major acquisition. Leadership changes set the stage for renewed growth.