Latest Strategic Shift News

SRG Global has reported a record first half for FY25, posting a 21% revenue increase and upgrading its full-year profit guidance, driven by strong cash flow and successful integration of the Diona acquisition.

Kaiser Reef Limited reports significant progress in its Nova Zone, extending development and ramping up ore production with promising high-grade gold intercepts. Infrastructure upgrades support the transition to increased output at the historic A1 Gold Mine.

HiTech Group Australia Limited has reported a robust half-year performance with a 29% increase in net profit and a strategic focus on high-margin ICT services amid growing market demand.

Arizona Lithium has withdrawn its previous exploration plan for the Big Sandy Lithium Project, opting for a revised development approach with key stakeholder input, while accelerating construction at its Prairie Lithium Project in Canada.

Triangle Energy reports a missed payment from Pilot Energy related to the Cliff Head project sale, while Pilot continues funding operational costs amid capital raise talks.

FBR Limited’s exclusive joint venture option with CRH Ventures for its Wall as a Service® offering in the US has expired without exercise, freeing the company to pursue independent financing and partnerships across key American markets.

Larvotto Resources has modified its Hillgrove Antimony-Gold Project to adopt dry stacking for tailings, a move that promises environmental benefits and faster regulatory approval without impacting project economics.

Audinate’s 1H25 results surpassed market expectations despite a 29% drop in gross profit, driven by a strategic shift towards higher-margin software products and a robust cash position.

Audinate delivered 1H25 results above guidance despite a transitional year marked by inventory adjustments, with software revenue growth and strategic product launches setting the stage for a return to growth in FY26.

Trinex Minerals has secured statutory approval for a Reverse Circulation drilling program at its Dudley Lithium Project on Kangaroo Island, marking a key step forward in its lithium exploration strategy. Meanwhile, the company has withdrawn from its uranium project in Canada to focus resources on lithium.

Eumundi Group has officially been acquired by SEQ Hospitality Group, with shareholders receiving A$1.62 per share and significant board changes announced. The company is set to be delisted from the ASX imminently.

AMP Limited’s 2024 results reveal a 43% drop in statutory net profit to $150 million, offset by a 15.1% rise in underlying profit to $236 million, alongside the completion of its Advice business sale and the launch of a new digital bank.