Latest Payments News

Lithium Energy Limited has received a US$6 million second deposit from CNGR Netherlands, marking a key milestone in the US$63 million sale of its Solaroz Lithium Brine Project. Shareholder approval has made the amended sale agreement unconditional, setting the stage for phased completion in 2025 and 2026.

Korvest Ltd has announced a fully franked ordinary dividend of AUD 0.25 per share for the six months ending December 2024, signaling steady shareholder returns.

ARENA REIT has updated its dividend distribution details for the quarter ending December 2024, confirming a 4.56 cent payout and outlining its Dividend Reinvestment Plan pricing.

Rapid Lithium Limited has revised payment terms for its Ingersoll Project acquisition and opted out of a previously planned deal with Patriot Lithium, sharpening its focus on lithium exploration and a new gallium-germanium project.

Magellan Asset Management has announced target cash distributions for its suite of funds for the six months ending June 2025, signaling steady income expectations for investors.

Spheria Emerging Companies Limited has announced a fully franked ordinary dividend of AUD 0.035 per share for the quarter ending December 2024, with a Dividend Reinvestment Plan available to shareholders.

Spheria Emerging Companies Limited has declared a fully franked quarterly dividend of 3.5 cents per share, reflecting its commitment to increased shareholder returns following a robust portfolio performance in Q4 2024.

Terrain Minerals has commenced reverse circulation drilling at its Lort River Project in Western Australia, targeting high-priority Vtem bedrock sulphide conductors that mirror the geology of IGO's Nova-Bollinger nickel-copper mine. Results are expected in early March 2025.

King River Resources has reported significant high-grade gold discoveries at its Kurundi Project in the Northern Territory, advancing its 2024 drilling program with promising assay results. The company is poised for further exploration in 2025, supported by a strong cash position and strategic investments.

Mirrabooka Investments Limited has announced a fully franked dividend of AUD 0.045 per share for the half-year ending December 2024, payable in February 2025. The company continues to offer shareholders participation options through its Dividend Reinvestment Plan and Bonus Security Plan.

Ora Banda Mining reports a robust December quarter, boosting cash reserves to $57.8 million and advancing underground operations at Riverina and Sand King towards a 150koz production target in FY26.

Rio Tinto's Q4 2024 production results reflect steady operational performance with record bauxite output and significant progress on key growth projects like Oyu Tolgoi and Rincon lithium expansion.