🕒 Thursday 25 September 2025 Thu, 25 Sept 2025
93 Articles
Yancoal’s Profit Plunges 61% as Coal Prices Slide, Yet Production Climbs
Yancoal Australia Ltd reported a sharp 61% drop in net profit for the first half of 2025 amid falling coal prices and supply chain disruptions, despite a 15% rise in production. The company declared a fully franked interim dividend and is advancing strategic acquisitions and sustainability initiatives.
25 Sept
Maxwell Dee
Court Greenlights Gold Fields’ Takeover of Gold Road Resources
The Supreme Court of Western Australia has approved Gold Fields’ acquisition of Gold Road Resources via a scheme of arrangement, setting the stage for a significant consolidation in the gold mining sector.
25 Sept
Maxwell Dee
Javelin Minerals Unveils 1-for-31 Security Consolidation Ahead of November Trading
Javelin Minerals Limited has announced a significant 1-for-31 security consolidation affecting its shares, options, and performance rights, set to take effect in November 2025. This move will reshape the company’s capital structure and adjust exercise prices accordingly.
25 Sept
Maxwell Dee
Australian Unity Boosts Placement to $160M Amid Strong Investor Demand
Australian Unity Limited has successfully expanded its placement of new mutual capital instruments to $160 million, exceeding its initial $100 million target due to strong investor interest. This forms part of a broader equity raising including an upcoming entitlement offer.
25 Sept
Claire Turing
Xstate Resources Begins Drilling at Diona-1, Eyes Key Gas Formations
Xstate Resources has commenced drilling operations at its Diona-1 well in Queensland, targeting promising gas reservoirs with a rapid path to market.
25 Sept
Maxwell Dee
MC Mining Secures Yi He as CEO to Drive Makhado Coal Production
MC Mining Limited has appointed Yi (Christine) He as its permanent Managing Director and CEO, cementing leadership ahead of key coal production milestones at the Makhado Project.
25 Sept
Maxwell Dee
5G Networks Flags Goodwill Hit in Finalised FY25 Results
5G Networks Limited has released its audited FY2025 Annual Report, revealing key adjustments including a goodwill impairment linked to its AUCyber acquisition and finalized tax expenses. These revisions reshape the company’s financial statements without altering its overall asset base.
25 Sept
Sophie Babbage
Queensland Defers The Star Gold Coast Licence Suspension to 2026
The Queensland Government has postponed the suspension of The Star Gold Coast's casino licence until September 2026, extending regulatory oversight as the company continues remediation efforts.
25 Sept
Victor Sage
Sports Entertainment Group Accelerates Perth Wildcats Sale, Confirms Strong FY26 Start
Sports Entertainment Group has fast-tracked the sale of its remaining stake in Perth Wildcats, securing $18.5 million by mid-2026, while reporting a robust start to FY26 with promising earnings growth.
25 Sept
Elise Vega
Westpac Sets Fully Franked 4.66% Distribution on Capital Notes 10
Westpac Banking Corporation has announced a fully franked quarterly distribution of AUD 1.1616 per Capital Note 10, reflecting a 4.66% annualised yield based on current benchmark rates.
25 Sept
Victor Sage
Westpac Declares Fully Franked AUD 1.2140 Distribution on Capital Notes 9 for Q4 2025
Westpac Banking Corporation announces a fully franked distribution of AUD 1.2140 per Westpac Capital Notes 9 for the quarter ending December 2025, reflecting a 4.87% annualised yield based on current market rates.
25 Sept
Victor Sage
Memphasys Accelerates Felix IVF Tech with Middle East Deal and Capital Raise
Memphasys Limited is intensifying its commercial push for Felix, an innovative automated sperm separation system for IVF, backed by a landmark Middle East partnership and a fresh capital raise to scale manufacturing and sales.
25 Sept
Ada Torres
AssetOwl Secures $712K Debt Forgiveness, Boosting Financial Stability
AssetOwl Limited has had over $700,000 of debt forgiven by two lenders, significantly reducing its borrowings and strengthening its financial position.
25 Sept
Claire Turing
Iluka Prices DRP Shares at $6.03 Amid Modest Shareholder Uptake
Iluka Resources has set the share allocation price for its 2025 Interim Dividend reinvestment plan at $6.0274, with just over 10% of shareholders opting in. The issuance of 41,852 new shares marks a cautious but steady participation in the DRP.
25 Sept
Maxwell Dee
Beonic Secures $4.27M to Accelerate Innovation and Debt Repayment
Beonic Ltd has raised $4.27 million through convertible notes to fund its product development, repay upcoming debt, and advance its North African Airport Project.
25 Sept
Sophie Babbage
MetalsTech Shareholders Complete $11.3M Off-Market Sale Amidst Sturec Progress
MetalsTech Limited’s substantial shareholders have finalized an off-market sale of 23.6 million shares, raising over $11 million and reshaping the company’s ownership landscape.
25 Sept
Maxwell Dee
Range International Raises A$1.58M to Fuel Asian Expansion and Cut Debt
Range International has completed the first tranche of a capital raise, securing A$1.58 million to support growth in Indonesia and the Philippines while reducing debt.
25 Sept
Victor Sage
1414 Degrees Resumes Trading, Issues 35.7M Shares to Lind, Awaits Shareholder Nod for More
1414 Degrees has returned to trading after issuing 35.7 million shares to US investor Lind Global Fund II, with approval for an additional 14.3 million shares pending at the upcoming AGM.
25 Sept
Maxwell Dee
Whitebark Deploys Hydrogen Sensors to Pinpoint Rickerscote Drill Site
Whitebark Energy has installed hydrogen sensors at the Rickerscote prospect to refine drilling plans for a major exploration well in late 2026, aiming to unlock vast hydrogen, helium, and hydrocarbon resources.
25 Sept
Maxwell Dee
Zenith Minerals Secures A$7.65m to Accelerate Gold Exploration
Zenith Minerals has raised A$7.65 million through a strategic placement with Ida Metal Investments, strengthening its cash position to fast-track drilling at its Dulcie and Red Mountain gold projects.
25 Sept
Maxwell Dee
Liontown Navigates FY25 with A$298M Revenue, Eyes FY26 Underground Shift
Liontown Resources reported a solid FY25 with A$298 million in revenue and positive EBITDA, setting the stage for a strategic underground transition in FY26 backed by a strengthened balance sheet and sustainability commitments.
25 Sept
Maxwell Dee
Frontier Digital Ventures Names Patrick Grove Executive Chairman in Leadership Shakeup
Frontier Digital Ventures announces key leadership changes with Patrick Grove stepping in as Executive Chairman and a planned CEO transition by November 2025.
25 Sept
Sophie Babbage
Sierra Nevada Gold Secures A$9.65M Placement, Welcomes Ex-De Grey Chairman
Sierra Nevada Gold has successfully raised A$9.65 million through a share placement to accelerate exploration in Nevada and Saudi Arabia, while appointing former De Grey Mining chairman Simon Lill as its new Non-Executive Chairman.
25 Sept
Maxwell Dee
Nickel Industries Raises US$800M, Cuts Debt Costs and Extends Maturities
Nickel Industries has successfully issued US$800 million in senior unsecured notes at a 9% coupon, extending its debt maturity to 2030 and reducing annual amortisation by US$88 million. The company also launched a tender offer to repurchase higher-cost notes maturing in 2028.
25 Sept
Maxwell Dee