Latest Perpetual News

Corazon Mining Limited has secured rights to apply for exploration licences covering 537 km² in the Plutonic Marymia Greenstone Belt, following a withdrawal agreement with IGO Limited that includes access to proprietary historical data.

Perpetual Resources has identified a new pegmatite target, Pico Grande, at its Igrejinha Project in Brazil, adding to two existing prospects and setting the stage for trenching and drilling campaigns in 2026.

Perpetual Limited has agreed to sell its Wealth Management business to Bain Capital for an upfront $500 million, marking a strategic shift towards asset management and corporate trustee services.

Macquarie Technology Group has landed a significant A$200 million hybrid capital injection from the Australian Government-backed National Reconstruction Fund Corporation, aimed at boosting sovereign digital infrastructure and cybersecurity services.

Elanor Investors Group reported a $57 million statutory loss for FY25 but is progressing a $125 million recapitalisation with Rockworth Capital Partners to stabilise its balance sheet amid ongoing financial challenges.

Elanor Investors Group reported a $24.5 million net loss for the half year to December 2024, grappling with debt covenant breaches and defaults. The group has struck a $125 million recapitalisation agreement with Rockworth Capital Partners to stabilise its balance sheet and pursue growth.

Rubicon Water reported a 9.4% revenue decline to $29 million and a net loss of $6.4 million in the first half of FY26, driven by a sharp drop in ANZ hardware sales. The company anticipates a rebound in Asia in the second half, despite ongoing foreign exchange headwinds.

Perpetual Equity Investment Company Limited reported a robust net profit increase for the first half of 2026 and maintained its fully franked interim dividend, reinforcing its commitment to reliable shareholder income amid market uncertainties.

PLS Group has acquired Calix’s stake in their joint lithium processing venture, gaining full ownership and operational control while securing a royalty-free licence for Calix’s calciner technology.

Perpetual Resources has reported exceptional high-grade Caesium and Lithium assay results from surface channel sampling at its Morro Grande prospect in Brazil’s Lithium Valley, confirming a highly evolved critical minerals system. These findings pave the way for refined drill targeting and extensive trenching ahead.

Perpetual Credit Income Trust reported a robust half-year performance with a 50% jump in net assets to $802 million and an 8% rise in profit to $21 million, underpinned by a successful capital raising and steady distributions.

Insurance Australia Group Limited (IAG) has announced a quarterly dividend of AUD 1.5565 per security on its Capital Notes 3, payable mid-March 2026 with partial franking.