Latest South Australia News

Monash IVF Group reported a 6.7% revenue increase to $271.9 million in FY25 but saw an 8.1% decline in underlying net profit after tax to $27.4 million, impacted by market softness and operational incidents. The company outlines cautious FY26 guidance amid ongoing sector headwinds.

Taiton Resources has completed heritage surveys at its Challenger West and Highway projects, paving the way for targeted drilling programs in South Australia. The company has also submitted an environmental application to support these upcoming exploration activities.

Aspen Group has reported FY25 results that exceeded expectations, showcasing strong growth in earnings, dividends, and net asset value. The company’s diversified portfolio and disciplined capital management underpin a confident outlook for FY26.

Prominence Energy Limited has secured a pivotal natural hydrogen exploration license in South Australia, marking a major step forward for its Gawler Hydrogen Project and positioning it among the state’s leading clean energy explorers.

Peet Limited reported a robust FY25 with a 60% surge in net profit after tax and declared a higher fully franked dividend, underpinned by strong sales and improved capital management. The company is also undertaking a strategic business review while navigating leadership transitions.

Ridley Corporation reported solid FY25 results with EBITDA up 8.6% to $97.8 million and NPAT rising 8.7% to $43.3 million, underpinned by strategic acquisitions and disciplined capital management.

Sipa Resources has completed a key heritage survey at its Crown Gold Project near Kalgoorlie, clearing the way for initial drilling expected to begin next month. Meanwhile, assay results from its maiden drilling in South Australia are imminent.

Kaili Resources has officially confirmed a change of control with Mr Jianzhong Yang now holding over 60% of shares, alongside a significant board reshuffle. The company remains focused on advancing its rare earth elements exploration in South Australia.

Magnetite Mines has launched a $2.65 million renounceable rights issue with increased underwriting support, following promising rare earth mineralisation findings at its Ironback Hill Project.

Orpheus Uranium Limited has completed the acquisition of key exploration licenses in South Australia's Pirie Basin, expanding its uranium exploration footprint in a promising sedimentary uranium province.

SHAPE Australia Corporation Limited reported a robust FY25 with revenue climbing 14% to nearly $957 million and net profit after tax soaring 32%, driven by strategic diversification and geographic expansion.

Ausmon Resources has addressed a recent spike in its share price and trading volume, attributing the market interest to prior drilling assay results for rare earth elements in South Australia.