Australia News All stories

Mineral Resources (ASX:MIN) announced that it will shutter its Lucky Bay garnet mine in Western Australia.

Tasmea (ASX:TEA) forecasts a financial year 2027 underlying EBITA of $202–208 million, representing over 70% year-on-year growth.

APRA directs major banks to share cyber tools with smaller rivals to combat rising frontier AI threats.

The a2 Milk Company (ASX:A2M) declared a NZ$300 million special dividend after securing regulatory approvals in China.

Nine Entertainment (ASX:NEC) is negotiating the exit of television presenter Karl Stefanovic following a controversial podcast episode.

The Reserve Bank of Australia released internal research validating its decision to lift interest rates on three consecutive occasions earlier this year.

Matrix Composites & Engineering (ASX:MCE) secured a $34 million contract to manufacture and supply subsea components for an international energy project.

Australia's Woodside Energy (ASX:WDS) executed an agreement to invest US$2.3 million in a multi-year project in the United States.

Sprintex (ASX:SIX) signed a three-year exclusive distribution agreement in Taiwan with a minimum $1.7 million annual purchase requirement.

Coppermoly (ASX:COY) commenced geophysical survey and geochemical sampling programmes across four targets south of Cloncurry, Queensland.

Westpac Banking (ASX:WBC) has appointed Richard Heeley as its chief information officer.

Babylon Pump & Power (ASX:BPP) executed a recapitalisation plan to advance its transition into a dedicated water management rental business.

Otto Energy (ASX:OEL) has initiated a formal evaluation process for the potential sale of its two Gulf of America oil and gas assets.

Kaiser Reef (ASX:KAU) has commenced a 4,350-metre surface diamond drilling campaign at the Maldon Gold Project in Victoria.

EV Resources (ASX:EVR) confirmed that flotation test work achieved an 81.1% antimony recovery rate on third-party ore.

Comet Ridge (ASX:COI) has secured commitments to raise $40 million through a two-tranche share placement.

Kali Metals (ASX:KM1) has confirmed down-dip extensions of gold mineralisation at its Marble Bar Gold Project.

Clara Resources Australia (ASX:C7A) has secured options and applications over approximately 111km2 at its Mareeba Gold Project.

Tivan (ASX:TVN) executed agreements with Sumitomo Corporation and ETFS Capital for a $50 million funding at its Molyhil Tungsten Project.

Spenda (ASX:SPX) has implemented a turnaround plan that reduced its monthly operating costs by approximately $400,000.

Nickel Industries (ASX:NIC) signed a binding agreement to acquire a 36% stake in a US$671 million processing project.

The Australian consumer price index rose 4% in the 12 months to May, down from a 4.2% increase in the year to April.

Thor Energy (ASX:THR) has signed a contract with Velseis for a 464 line-kilometre seismic survey in South Australia.

Echelon Resources (ASX:ECH) executed an agreement to extend its Kupe gas sales for a further three years.