Latest Operational Scaling News

Pepper Money, alongside KKR and PIMCO-managed funds, has finalized the $15.4 billion RAMS home loan portfolio acquisition from Westpac, marking a significant step in expanding its capital-light servicing business.

Pacgold secures $13 million via placement to accelerate production and exploration at White Dam following a high-grade gold-copper discovery.

Pepper Money is set to become the servicer for a massive A$36 billion loan portfolio from HSBC Australia following its acquisition by a Blackstone-controlled entity, aligning with Pepper Money's strategy to expand its capital-light servicing business.

Vantage Metals (ASX: VAN) has kicked off drilling at its Kalahari Copper Project in Botswana following a comprehensive airborne electromagnetic survey, while high-grade polymetallic assays emerge from its Argentine TMT Project. The company also raised A$6 million from strategic investors and rebranded from BRX to VAN.

Evergold Minerals has delivered its highest-grade gold intercepts at Mt Monger’s Duchess of York and confirmed mineralisation at Gladiator, while advancing environmental and geochemical work at Leonora with a solid $4 million cash buffer.

Orcoda Limited has lifted its Annual Recurring Revenue by 23% year-on-year to $6.2 million, with a new multi-year Wagner Corporation contract pushing total ARR to $14.2 million as it enters FY27.

Change Financial has confirmed meeting its upgraded FY26 revenue and underlying EBITDA targets, powered by strong growth in its Australian and New Zealand PaaS business. The company enters FY27 with record monthly metrics but holds back on full-year guidance amid client migration uncertainties.

Power Minerals has completed two drill holes and is progressing a third in its maiden diamond drilling program at the Morro do Ferro Rare Earths Project in Brazil, with excellent core recovery and assay results expected soon.

Aura Consolidated Group has completed its acquisition of Qoria, creating a combined online safety powerhouse with over US$300 million in annual recurring revenue and plans for robust growth.

Kinetiko Energy is progressing rapidly from exploration to production with a major onshore gas discovery in South Africa, targeting first commercial compressed natural gas by late 2027 through a phased, capital-efficient development.

Genesis Minerals and Vault Minerals have agreed to merge, creating a top-3 Australian gold producer with a pro-forma market cap of about A$12.66 billion and annual production of 600-700koz.

Kingston Resources has extended the high-grade upper A Lode at its Southern Ore Zone, Mineral Hill, with drilling confirming mineralisation continuity east and south, supporting resource growth and a longer mine life.