Latest Operational Risk News

ANZ Group Holdings Limited posted a 7% increase in statutory profit to AUD 3.642 billion for the half year ended 31 March 2025, with stable cash profit and an 83 cent interim dividend. The full integration of Suncorp Bank underpinned lending and deposit growth, while credit impairments eased.

Super Retail Group reports a 3.1% like-for-like sales growth in H2 FY25, driven by key brands and strategic investments in its omni-retail network and supply chain.

Eastern Metals has agreed to sell its 1.5% net smelter royalty on the Thomson Project to Red Hill Minerals for $220,000 cash, marking another step in its asset monetisation strategy.

Red Hill Minerals has agreed to acquire a 1.5% net smelter royalty on the Thomson gold-copper project in New South Wales, expanding its royalty portfolio with a project showing significant exploration potential.

BluGlass Limited has launched a $6 million Share Purchase Plan (SPP) offering new shares with attaching options to eligible shareholders, aiming to fund the scale-up of its visible laser production and support ongoing product development.

Karoon Energy has finalized the acquisition of the Baúna FPSO vessel, marking a pivotal shift from exploration to operational control that promises enhanced efficiency and potential asset longevity.

Larvotto Resources has completed key technical work on its Hillgrove DFS, incorporating a shift to dry tailings storage and capitalising on record gold and antimony prices, while exploration drilling delivers high-grade intercepts and the company strengthens its operational base.

Focus Minerals Limited has set a new quarterly milling record at its Three Mile Hill plant while accelerating underground development at Bonnie Vale, underpinning a robust operational and financial position.

Lithium Universe Limited has delivered a robust Definitive Feasibility Study for its Bécancour Lithium Carbonate Refinery, confirming strong economic viability and progressing toward project funding and strategic collaborations.

RBR Group Limited completed a $1.3 million capital raise and strengthened its position in Mozambique’s LNG sector through key tender submissions and a strategic partnership with Field Ready-Getenergy group.

Lunnon Metals Limited has showcased significant progress in its gold and nickel exploration projects, highlighting strong drilling results and development plans for the Lady Herial gold deposit and Baker-Foster nickel resources.

Savannah Goldfields Limited reported a significant AUD 3.3 million cash outflow from operations in Q1 2025, leaving the company with only 2.34 quarters of funding available. The miner’s liquidity position and reliance on multiple loan facilities highlight ongoing financial pressures amid exploration activities.