🕒 Friday 8 August 2025 Fri, 8 Aug 2025

SRJ Technologies has opened the retail component of its fully underwritten entitlement offer, inviting eligible shareholders to participate in a significant capital raising initiative aimed at supporting its advanced asset integrity services.

AVITA Medical’s Q2 2025 update reveals a temporary setback in RECELL demand due to Medicare reimbursement delays, offset by strong revenue growth and promising clinical data. The company anticipates recovery and renewed growth in the second half of the year.

AVITA Medical reported a 21% increase in Q2 commercial revenue to $18.4 million and narrowed its net loss, yet faces a reimbursement hurdle that forced a downward revision of full-year guidance. The company highlights clinical progress and strategic board appointments as it navigates payment challenges.

Solstice Minerals has identified promising new geophysical targets at its Nanadie Copper-Gold Project, setting the stage for a maiden drilling campaign aimed at expanding its existing resource.

Zenith Minerals has finalised the sale of its 20% stake in the Kavaklitepe gold project in Turkey, securing approximately A$820,000. The company plans to reinvest these proceeds to accelerate exploration at key Australian gold and copper-gold projects.

Nick Scali Limited reported a 5.8% revenue increase to $495.3 million in FY25, driven by its UK acquisition, but statutory net profit fell 28.4% amid integration and freight disruption costs. The company declared a fully franked final dividend of 33 cents per share.

Block, Inc. reported a 2% decline in net revenue for Q2 2025, driven by lower bitcoin revenue despite growth in transaction and subscription services. The company posted strong net income and continued its $4 billion share repurchase program.

Block, Inc. reported a robust second quarter with 14% year-over-year gross profit growth, driven by strong performances from Cash App and Square. The company raised its full-year guidance, highlighting strategic expansions in peer-to-peer payments, AI tools, and bitcoin integration.

Novo Resources Corp. reported key drilling milestones at its Pilbara and New South Wales projects in Q2 2025, alongside a reduced net loss and ongoing liquidity challenges. The company’s exploration momentum continues despite material uncertainty over its going concern status.

Miramar Resources has extended the closing date for its Share Purchase Plan to mid-August as it awaits critical drilling and survey results from its Western Australian projects.

Novo Resources Corp reported a reduced net loss of CAD 5.85 million for H1 2025, improving liquidity while continuing its gold exploration efforts in Australia.

Fortescue has secured a landmark RMB 14.2 billion syndicated term loan, marking the first such facility by an Australian corporate and underscoring its deepening ties with China to support its decarbonisation goals.

Red Mountain Mining has confirmed promising gold mineralisation at its Kiabye Gold Project in Western Australia, with initial drilling returning a best intercept of 2.92 g/t Au over 1m. The company also discovered new alluvial gold nuggets at Prospectors Patch, expanding its exploration potential.

VRX Silica Limited has secured approval for its Mining Proposal at the Arrowsmith North Silica Sand Project, marking a pivotal step toward production in a globally significant silica sand deposit.

Geopacific Resources reports significant high-grade gold trench results extending mineralisation at Little MacKenzie within its Woodlark Gold Project, Papua New Guinea. A major 30,000-metre drilling campaign is now underway to expand the resource base and explore new targets.

QBE Insurance Group reported a robust half-year performance with a 28% rise in adjusted net profit and solid premium growth, underpinning a confident outlook for 2025.

QBE Insurance Group reported a strong first half in 2025, with net profit rising significantly and a stable capital position, underpinning confidence in its full-year outlook.

QBE Insurance Group reported robust half-year results with a 6% increase in gross written premiums and a notable improvement in underwriting profitability. The insurer’s strategic portfolio management and resilient investment performance underpin a confident outlook for 2025.

QBE Insurance Group has announced a 31-cent ordinary dividend for the half-year ending June 2025, offering shareholders multiple currency payment options and participation in dividend reinvestment and bonus share plans.

QBE Insurance Group reported a robust half-year performance with a 27% jump in net profit and a 6% rise in gross written premium, underpinned by strong underwriting and investment returns. The insurer declared a higher interim dividend, signaling confidence in its growth trajectory.