Australia Breaking News

Insurance broker AUB Group (ASX:AUB) will acquire UK insurance broker and underwriting platform PIHL Holdings (Prestige) for $432 million.

Brightstar Resources (ASX:BTR) has provided a progress update on its flagship Sandstone Gold Project in Western Australia, advancing its two-year strategic plan to establish a district-scale, long-life production hub.

Oil and gas major Santos (ASX:STO) has loaded its first liquefied natural gas cargo from the Barossa joint venture project, destined for the Sakai terminal in Osaka.

Australian critical minerals developer Tungsten Mining (ASX:TGN) has raised $53 million through a single-tranche share placement to institutional and professional investors.

Karoon Energy (ASX:KAR) has projected a decline in production for 2026 after reporting December output of 2.4 million barrels of oil and gas, down from 2.6 million in the third quarter.

Fortescue (ASX:FMG) and Alta Copper have announced that Alta Copper shareholders have approved Fortescue's proposed acquisition of all remaining common shares not already held by the Australian miner.

Trek Metals (ASX:TKM) has entered a tenement sale and purchase agreement with Kairos Minerals (ASX:KAI) to divest its non-core Pincunah gold and base metals project.

Pureprofile (ASX:PPL) has upgraded its FY26 revenue guidance to $64–65 million, up from $63–64 million.

Counter-drone technology firm DroneShield (ASX:DRO) has reported a 94% year-on-year jump in revenue for the December 2025 quarter.

Elixir Energy (ASX:EXR) has commenced drilling operations at its Lorelle-3 appraisal well in the Taroom Trough, Queensland.

EDU Holdings (ASX:EDU) is on track to deliver FY25 results at the upper end of its guidance, with revenue expected between $80.4 million and $82.4 million.

The Albanese government will fast-track approvals for energy-intensive data centres in a bid to capture investment from the global artificial intelligence boom.