🕒 Tuesday 18 February 2025 Tue, 18 Feb 2025
172 Articles
WAM Active Declares Fully Franked AUD 0.03 Dividend for H2 2024
WAM Active Limited has announced a fully franked ordinary dividend of AUD 0.03 per share for the half-year ending December 2024, reinforcing its steady income return strategy.
18 Feb
Claire Turing
MLG Oz Limited Posts 20.3% Revenue Surge, Eyes Stronger H2 Growth
MLG Oz Limited has delivered a robust half-year performance with a 20.3% increase in statutory revenue and stable workforce numbers, setting the stage for anticipated growth in the second half of FY2025.
18 Feb
Maxwell Dee
G50 Corp Launches Critical Metallurgical Tests at Golconda to Unlock Gallium Potential
G50 Corp has engaged SGS Canada to initiate comprehensive metallurgical testing at its Golconda Project, aiming to refine gallium recovery methods and advance its strategic minerals portfolio.
18 Feb
Maxwell Dee
Dexus Navigates Market Shifts with Strategic Divestments and Sustainability Focus
Dexus reports a 13.9% decline in Adjusted Funds from Operations for HY25, alongside a reduced distribution payout, while maintaining a robust balance sheet and advancing sustainability initiatives.
18 Feb
Eva Park
Ansell Confirms FY25 Interim Dividend at USD 0.222 Per Share
Ansell Limited has updated its FY25 interim dividend details, confirming a payment of USD 0.222 per share with an AUD equivalent of 0.3486, payable on March 6, 2025.
18 Feb
Ada Torres
Maronan Metals Achieves Exceptional Silver-Lead Concentrate Grades and Recoveries
Maronan Metals has reported outstanding metallurgical test results from its carbonate-hosted silver-lead ore, producing high-grade concentrates with recoveries exceeding 90%, reinforcing the project's economic potential.
18 Feb
Maxwell Dee
Dexus Posts Statutory Profit Turnaround, Confirms 19c Distribution Amid Market Headwinds
Dexus has reported a statutory net profit of $10.3 million for the half-year ending December 2024, rebounding from a significant loss last year, while maintaining strong portfolio occupancy and confirming steady distributions.
18 Feb
Eva Park
MLG Oz Reports 20.5% Revenue Rise Amid Profit Margin Pressures
MLG Oz Limited posted a 20.5% increase in revenue to AUD 272.9 million for the half-year ended December 2024, driven by strong gold industry activity. However, net profit after tax fell 42.7% to AUD 4.1 million, reflecting margin pressures and higher depreciation costs.
18 Feb
Maxwell Dee
DEXUS Declares Final 19c Distribution for H2 2024, Unfranked and On Track
DEXUS has confirmed a final distribution of AUD 0.19 per security for the six months ending December 31, 2024, payable on February 28, 2025. The distribution is fully unfranked, marking a clear update for investors.
18 Feb
Eva Park
Dexus Posts $10.3M Profit Amid AFFO Dip and Strategic Shift
Dexus (ASX: DXS) reports a statutory net profit of $10.3 million for the half-year ending December 2024, rebounding from a significant loss last year, while navigating challenges from higher interest rates and lower trading profits.
18 Feb
Eva Park
Polymetals Opens $3.2M Share Purchase Plan Following $35M Placement
Polymetals Resources Ltd invites eligible shareholders to participate in a new Share Purchase Plan at $0.80 per share, aiming to raise up to $3.2 million after a successful $35 million institutional placement.
18 Feb
Victor Sage
Ausmon Resources Unveils $540K Share Purchase Plan to Boost Exploration
Ausmon Resources Limited has launched a Share Purchase Plan aiming to raise up to $540,000 by issuing shares at a discounted price, supporting its exploration and operational funding needs.
18 Feb
Maxwell Dee
Polymetals Resources Launches $3.2M Share Purchase Plan at $0.80 Price
Polymetals Resources Ltd has opened a Share Purchase Plan allowing eligible shareholders to invest up to $30,000 each at $0.80 per share, aiming to raise $3.2 million to bolster its balance sheet and fund exploration.
18 Feb
Maxwell Dee
Infomedia Launches 5% On-Market Buyback Backed by Strong Cash Position
Infomedia Limited has announced an on-market share buyback of up to 5% of its issued capital, signalling confidence in its financial strength and commitment to shareholder value. The buyback will be executed over the next 12 months, leveraging the company’s robust cash reserves.
18 Feb
Sophie Babbage
Artemis Resources Secures $4M, Drilling to Restart at Karratha Gold Project
Artemis Resources has completed the second tranche of a $4 million capital raise, enabling the resumption of drilling at its Karratha Gold Project after cyclone-related delays.
18 Feb
Maxwell Dee
Infomedia Posts 63% Net Profit Surge, Accelerates AI Integration
Infomedia Ltd delivered a robust first half FY25 with a 63% jump in net profit after tax and a 7% rise in underlying cash EBITDA, despite challenges in its SimplePart e-commerce segment. The company’s strategic acquisition of AI specialist Intellegam signals a bold push into data-driven automotive solutions.
18 Feb
Sophie Babbage
Ausmon Resources Launches $540K Share Purchase Plan to Cut Debt and Boost Exploration
Ausmon Resources Limited has announced a Share Purchase Plan offering up to 300 million shares at a discounted price to raise $540,000, aiming to reduce borrowings and fund exploration activities.
18 Feb
Maxwell Dee
Infomedia Boosts Earnings 11% and Acquires Intellegam to Accelerate Growth
Infomedia Ltd reported a steady 2% revenue increase and an 11% rise in NPATA for H1 FY25, alongside a strategic 50% stake acquisition in European AI startup Intellegam, signaling a push for innovation and global expansion.
18 Feb
Sophie Babbage
BHP Declares Fully Franked USD 0.50 Dividend Amid Currency Flexibility
BHP Group Limited has announced a fully franked dividend of USD 0.50 per share for the half-year ending December 2024, payable on March 27, 2025, with multiple currency payment options and a Dividend Reinvestment Plan available.
18 Feb
Maxwell Dee
BHP Surges to $4.4 Billion Profit, Cuts Dividend Amid Strategic Growth Push
BHP Group Limited reported a remarkable 376% increase in half-year profit despite an 8% revenue dip, driven by operational excellence and strategic investments in copper and potash. The company declared a lower interim dividend, signaling a balanced approach to shareholder returns and growth.
18 Feb
Maxwell Dee
Infomedia Boosts Profit 63%, Eyes AI Growth with Intellegam Deal
Infomedia Ltd reported a solid half-year performance with a 2% revenue increase and a 63% surge in net profit, while announcing a strategic acquisition and a share buyback plan.
18 Feb
Sophie Babbage
Opthea Marks Milestone with Final COAST Trial Visit Ahead of Q2 Topline Data
Opthea has completed the final patient visit in its pivotal COAST Phase 3 trial evaluating sozinibercept combined with aflibercept for wet AMD, with topline results expected early Q2 2025.
18 Feb
Ada Torres
Brightstar Resources Sets Stage for 2025 Gold Production Surge
Brightstar Resources Limited reveals an ambitious growth strategy targeting a significant production ramp-up in 2025, anchored by its Laverton and Menzies hubs and supported by a robust mineral resource base.
18 Feb
Maxwell Dee
St Barbara Surpasses Targets with Simberi Crusher Commissioning, Adds PNG Mining Veteran
St Barbara Limited has successfully commissioned the MMD Sizer crusher at its Simberi operation, exceeding performance expectations and boosting SAG mill throughput. The company also appointed Phil Stephenson, a seasoned PNG mining executive, as Operations Advisor to steer operational improvements and strategic decisions.
18 Feb
Maxwell Dee