Latest Operational Risks News

Beach Energy Limited has reversed its fortunes with a $222.3 million net profit for H1 FY25, driven by higher production and improved gas prices. The company also announced a fully franked interim dividend of 3.0 cents per share.

Whitebark Energy has locked in a $2 million placement to fund its acquisition of King Energy, positioning itself at the forefront of Australia's emerging white hydrogen and helium sectors.

Green Critical Minerals Limited has launched an offer of up to 10,000 Listed Options at no cost to remove trading restrictions on previously issued options, aiming to facilitate secondary trading and enhance liquidity for investors.

Canyon Resources has gained government approval for its Inland Rail Facility location in Cameroon, advancing the Minim Martap Bauxite Project with new land allocation and infrastructure plans.

Xref Limited shareholders convened to vote on SEEK Limited’s proposed $0.218 per share acquisition, representing a substantial premium over recent trading prices. The outcome hinges on shareholder and court approval, marking a pivotal moment for the software company’s future.

Savannah Goldfields Limited has announced a $9.91 million equity raising to fund the restart of mining operations and regional expansion in Far North Queensland. The company targets resuming production in H1 2025 with a focus on optimising costs amid a strong gold price environment.

AXP Energy reports a 12% decline in oil production but a 9% revenue increase, driven by strategic gas-to-power initiatives and a new joint development agreement.

Vertex Minerals has completed construction and begun commissioning of its Gravity Gold plant at the Reward Gold Mine, supported by significant capital raises and strategic hires.

Helios Energy has made significant strides in advancing its flagship Presidio Project in Texas, confirming substantial hydrocarbon resources and strengthening its leadership and financial position.

Axiom Properties Limited reported a $518,000 increase in cash reserves for the December quarter, reaching $1.86 million, while extending key debt facilities to support its Mt Barker development and the rapidly expanding ListSure business.

Aeeris Ltd reported solid growth in Q2 FY25, driven by increased annual recurring revenue and new contracts across key sectors, while unveiling a promising new technology set to expand its market footprint.

ResMed Inc. posted a robust second quarter for fiscal year 2025, with revenue climbing 10% to $1.3 billion and operating profit soaring 52%, driven by strong demand for sleep and breathing health products and operational efficiencies.