Latest South Australia News

Mayfield Childcare has completed a fully subscribed entitlement offer, raising approximately $3 million to support its ongoing operational turnaround.

Experience Co posted a modest 2% revenue rise to $129.6 million in FY26, but underlying EBITDA slipped 8% due to weather disruptions, inflationary pressures, and industrial action. The company is advancing a $65 million deal to combine its Skydive business with Inflite Group.

Ingenia Communities Group has unveiled a $2.185 per share acquisition offer for Peet Limited, aiming to create Australia’s largest pure-play living sector platform with enhanced scale, diversification, and market presence.

Ingenia Communities Group proposes to acquire Peet Limited via a scheme of arrangement, forming a leading national living sector platform with a $1 billion land lease conversion opportunity and expected low double-digit EPS accretion.

Taiton Resources has secured a farm-in agreement over EL 6468, significantly enlarging its Challenger West gold-copper project in South Australia. Historic drilling highlights shallow, high-grade mineralisation, while new soil sampling aims to sharpen upcoming drill targets.

Auravelle Metals reports strong preliminary metallurgical results from its Sheoak Prospect, confirming high gold recoveries and non-refractory mineralisation amenable to conventional processing.

Sandfire Resources Ltd (ASX:SFR) posted a 41% revenue jump to $1.65 billion and a 282% surge in net profit to $355.8 million for FY26, driven by strong operational performance and robust commodity prices. The company declared a fully franked 35 Australian cents per share dividend and advanced its Kalkaroo Copper-Gold Project with a $70 million pre-feasibility study underway.

Peet Limited delivered a record FY26 with net profit after tax soaring 77% to $103.4 million, driven by robust sales and a 39% jump in contracts on hand. The company boosted dividends by 68%, reflecting confidence in its diverse masterplanned communities pipeline.

Gold Hydrogen’s Ramsay 2 flow test has validated a laterally extensive helium-bearing Kulpara Dolomite reservoir with up to 20% helium purity, reinforcing the project’s commercial potential and advancing resource certification efforts.

Integral Diagnostics (ASX: IDX) delivered a robust FY26 with 26% revenue growth to $788.6 million, a 677% surge in profit after tax to $22 million, and a 50% hike in its final dividend to 6 cents per share.

Verbrec has landed $16 million in new contracts spanning engineering, construction, and cyber security services for gas infrastructure, reinforcing its role in Australia's energy security amid looming supply challenges.

Big River Industries (ASX:BRI) reversed a $14.8 million loss in FY25 to a $4.9 million profit in FY26, driven by margin expansion and the acquisition of Johns Building Supplies. The group targets double-digit EBITDA growth in FY27 amid mixed market conditions.