🕒 Thursday 6 February 2025 Thu, 6 Feb 2025
91 Articles
Vitrafy Life Sciences Posts $25.7M Loss Amid $35M IPO Boost
Vitrafy Life Sciences reported a dramatic increase in half-year losses to $25.7 million, yet successfully raised $35 million through an IPO to fuel its cryopreservation technology expansion.
6 Feb
Ada Torres
News Corporation Declares USD 0.10 Dividend on Class A Shares
News Corporation has announced a USD 0.10 per share dividend for its Class A non-voting common stock, reflecting steady returns for investors amid a complex media landscape.
6 Feb
Elise Vega
Loyal Lithium Expands North American Reach Amid US Energy Emergency
Loyal Lithium unveils a strategic pivot to broaden its North American lithium and battery technology portfolio, leveraging new US energy policies and $5.5 million in funding to capitalize on the continent’s evolving energy grid demands.
6 Feb
Maxwell Dee
News Corporation Declares USD 0.10 Dividend for Class B Shares
News Corporation has announced a USD 0.10 per share dividend for its Class B Voting Common Stock, reflecting steady shareholder returns for the half-year ending December 2024.
6 Feb
Elise Vega
News Corp’s Q2 Surge: 58% Net Income Jump and Foxtel Sale Shakeup
News Corporation reported a robust second quarter for Fiscal 2025, with revenues climbing 5% to $2.24 billion and net income soaring 58%, while announcing the strategic sale of Foxtel to DAZN for A$3.4 billion.
6 Feb
Elise Vega
West African Resources Unveils High-Grade Gold Drilling Ahead of Kiaka Mine Start
West African Resources reports robust results from its maiden grade control drilling at the Kiaka Gold Project, confirming extensive mineralisation and setting the stage for mining to commence in early 2025.
6 Feb
Maxwell Dee
Benz Mining Kicks Off Maiden Drilling at Glenburgh Targeting High-Grade Gold
Benz Mining has launched its inaugural drilling campaign at the Glenburgh Gold Project in Western Australia, aiming to expand high-grade gold resources with results expected to shape an updated mineral resource estimate later this year.
6 Feb
Maxwell Dee
Warriedar Uncovers Multiple High-Grade Gold Zones at Golden Range
Warriedar Resources has reported compelling assay results from its Q4 2024 drilling at the Golden Range Project, revealing multiple high-grade gold intersections that underscore significant resource growth potential.
6 Feb
Maxwell Dee
Novo Resources Bolsters Australian Gold Portfolio with Strategic JV Deals and Strong Cash Position
Novo Resources has significantly expanded its Australian exploration footprint through three new high-potential farm-in and joint venture agreements, while maintaining a robust financial position with A$12.1 million in cash and A$43.8 million in investments.
6 Feb
Maxwell Dee
Podium Minerals Unifies Nickel Projects, Secures Johnson Matthey as Major Shareholder
Podium Minerals has completed its acquisition of EV Nickel’s assets, consolidating key nickel and PGM projects and welcoming industry giant Johnson Matthey as a 16.25% shareholder.
6 Feb
Maxwell Dee
Magnetic Resources Expands Lady Julie North 4 Gold Zone with New Drilling Success
Magnetic Resources NL reports significant expansion of the Lady Julie North 4 gold deposit, with recent drilling extending mineralisation to over 1,000m depth and a feasibility study underway to explore both open pit and underground mining potential.
6 Feb
Maxwell Dee
Antares Metals Uncovers Multiple Targets at Conglomerate Creek with Advanced Geophysics
Antares Metals has identified several promising exploration targets at its Conglomerate Creek project through detailed magnetic and gravity surveys, with 3D modelling underway to refine these findings.
6 Feb
Maxwell Dee
Piche Resources Validates High-Grade Uranium at Ashburton, Eyes Mid-2025 Drilling
Piche Resources has confirmed exceptional high-grade uranium intersections at its Ashburton project through chemical assays, significantly upgrading previous gamma probe results and setting the stage for a follow-up drilling campaign in mid-2025.
6 Feb
Maxwell Dee
AFS Moves to Complete Takeover with $2,948 Buy-Out of DDB Convertible Securities
Australian Food Super (AFS) has initiated a compulsory buy-out of the last remaining convertible securities in Dynamic Group Holdings Limited (DDB) following its near-total takeover. The buy-out offer aligns with an independent expert valuation, signaling the final phase of AFS's consolidation.
6 Feb
Claire Turing
REA Group Surges 20% Revenue Growth, Sets New Benchmark in Property Tech
REA Group has reported a robust half-year performance for H1 FY25, with revenue climbing 20% to $873 million and net profit surging 26%, driven by strong Australian and Indian market momentum and strategic technology investments.
6 Feb
Victor Sage
REA Group Surges with 26% Profit Growth and Raises Dividend
REA Group has delivered a robust first half FY25 performance, posting a 20% revenue increase and a 26% rise in net profit, underpinned by strong Australian and Indian market growth. The company also announced a 26% higher interim dividend, signaling confidence in its ongoing momentum.
6 Feb
Victor Sage
REA Group Declares AUD 1.10 Fully Franked Dividend for H2 2024
REA Group Ltd has announced a fully franked ordinary dividend of AUD 1.10 per share for the half-year ending December 2024, signaling continued shareholder returns.
6 Feb
Eva Park
REA Group Surges with 20% Revenue Growth and 26% Profit Jump in H1 2024
REA Group Ltd has delivered a robust half-year performance, reporting a 20% increase in revenue to $872.9 million and a 26% rise in net profit after tax to $313.9 million, driven by strong growth in both Australian and Indian markets.
6 Feb
Eva Park
REA Group CEO Owen Wilson to Retire After Transformative Decade
REA Group announces CEO Owen Wilson will retire in the second half of 2025, concluding a decade marked by strong growth and innovation. The board has commenced a search for his successor to ensure a seamless leadership transition.
6 Feb
Sophie Babbage