Evolution Mining acquires Carnaby Resources for $213M
Evolution Mining (ASX:EVN) has agreed to acquire 100% of Carnaby Resources (ASX:CNB) through a binding scheme implementation deed.
Evolution Mining (ASX:EVN) has agreed to acquire 100% of Carnaby Resources (ASX:CNB) through a binding scheme implementation deed.
EDU Holdings (ASX:EDU) expects first-half 2026 revenue to rise 48% to $53.5 million based on its latest guidance.
Myer Holdings (ASX:MYR) reported preliminary total sales of $4.09 billion for the 2026 financial year.
Talga Group (ASX:TLG) signed a letter of intent with Hanwa for graphite anode supply and potential equity investment in its Vittangi Anode Project.
Vulcan Energy (ASX:VUL) commenced civil construction activities at its 30MW Lionheart geothermal power plant in Germany.
Fletcher Building (ASX:FBU) has satisfied government grant conditions, allowing its subsidiary to acquire New Zealand units.
Spark New Zealand (ASX:SPK) has initiated a strategic review of its digital services division as part of an organisational restructure.
Radiopharm Theranostics (ASX:RAD) secured $12.5 million in fresh capital through an institutional raising.
The Australian government pledged to challenge the tariffs across diplomatic channels while refusing to extend fuel tax relief.
Bloomberg's Josh Wingrove says the long-awaited Gordie Howe International Bridge opens after Canada and the Trump administration reach a side agreement that gives the US a share of future bridge revenue while leaving the original Canada-Michigan financing agreement intact. He says the bridge adds critical capacity for North America's busiest trade corridor, though questions remain about the future of cross-border auto manufacturing and broader US-Canada trade relations.
Bloomberg Economics' Becca Wasser says the Iran conflict is placing growing strain on US air defense interceptor stockpiles, limiting military options as Washington balances continued strikes, maritime security and the risk of a wider regional war. Bloomberg Economics' Chris Kennedy says simultaneous disruptions in the Middle East and Ukraine are tightening global energy markets, with declining inventories, constrained LNG exports and pressure on oil and diesel supplies increasing economic risks for Europe and beyond.
Bloomberg Intelligence Senior Commodities Strategist Mike McGlone says Florida's tax advantages continue to attract people and businesses from higher-tax states, helping fuel Miami's rapid growth even as housing, insurance and other living costs climb. He says affordability pressures are increasingly weighing on renters and middle-income residents, while elevated home prices and a construction boom suggest Miami's real estate market may be nearing a peak.
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