Australia Breaking News

PLS Group (ASX:PLS) signed off on a $2.5 billion expansion plan at its Pilgangoora mine in Western Australia to boost output beyond 2 million tonnes a year.

Macro Metals (ASX:M4M) completed its acquisition of the Yandi South Iron Ore Project on Oct. 14 for a consideration payment of $1 million.

Atmos Renewables has expanded its Australian operational generation portfolio by acquiring a clean energy asset portfolio from developer BayWa r.e.

InFocus Group (ASX:IFG) signed a binding conditional agreement for its Codexa ROW platform to secure a minimum of US$2.4 million in revenue over two years.

Haranga Resources (ASX:HAR) intersected 32m at 10.4 grammes per tonne of gold during its second-phase underground drilling campaign at the Lincoln Project

South African Reserve Bank Governor Lesetja Kganyago says they will make their policy decisions meeting by meeting. He spoke to Bloomberg's Avril Hong on the sidelines of the IMF-World Bank meeting in Bangkok ahead of the SARB's final policy meeting of the year, next month.

Europa Metals (ASX:EUZ) began trading on the ASX after completing an initial public offering that raised $4 million at $0.20 per share.

hummgroup (ASX:HUM) appointed former director Rajeev Dhawan as chair-elect ahead of its annual general meeting.

Bank of England Governor Andrew Bailey urged rigorous pre- and post-release model testing standards to safeguard public trust and financial infrastructure, while warning that markets risk a correction by overestimating AI returns and pricing every player as a winner.

Fed Chairman Kevin Warsh described AI as potentially the most consequential change to the US and global economy in his lifetime, calling it a positive supply shock over the medium term. He spoke at an IMF event moderated by IMF Chief Kristalina Georgieva in Bangkok, Thailand.

James Clarke, Senior Managing Director and Global Head of Institutional Capital at Blue Owl, says redemptions are coming down in private credit following excessive market concerns earlier in the year. He speaks with Haidi Stroud-Watts and Paul Allen on Bloomberg: The Asia Trade.

Alvo Minerals (ASX:ALV) has commenced its maiden drilling programme at the Florence prospect.