Latest Accounting News

High Peak Royalties reported steady royalty income for Q1 2025, completed a significant geothermal asset sale to Northstar Energy, and achieved a debt-free balance sheet following full repayment of its Macquarie facility.

Investor Centre Limited is advancing key capital raising negotiations while its subsidiary Pulse Markets grows its wholesale trading business, positioning the company for operational expansion in 2025.

Lithium Energy Limited has received US$26 million following the completion of Tranche 1 in the staged US$63 million sale of its Solaroz Lithium Brine Project interest to CNGR Netherlands New Energy Technology B.V. The transaction marks a significant milestone in the company’s strategic asset divestment.

Green Technology Metals (ASX: GT1) reports a significant lithium resource increase to 30.4 million tonnes and advances key projects in Ontario, while implementing strategic cost controls amid challenging market conditions.

Santos Limited's 2024 Annual Report reveals a 5% drop in production and a 9% decline in sales revenue, yet highlights significant progress in carbon capture and storage and emissions reduction targets.

Santos Limited’s 2024 Annual Report reveals a 5% decline in production and a 9% drop in sales revenue, yet the company progresses its climate transition with key CCS projects and emissions reductions.

Santos Limited's 2024 Annual Report reveals a 5% drop in production and a 9% fall in sales revenue, yet highlights significant progress in carbon capture and storage and emissions reduction efforts. The company remains committed to its net-zero targets and sustainable growth strategy.

Santos Limited’s 2024 Annual Report reveals a 5% drop in production and a 9% decline in sales revenue, yet the company achieved a net profit of $1.224 billion while making significant strides in carbon capture and storage and emissions reduction.

McLaren Minerals Limited reported a challenging quarter with operating and investing cash outflows offset by a significant equity financing inflow, ending March 2025 with a modest cash balance and less than two quarters of funding runway.

Altair Minerals has made a significant leap with the acquisition of the Venatica Copper Project in Peru, revealing multiple high-grade porphyry systems that could position the company as a key player in a globally significant copper belt.

Mindax Limited reported a $7.75 million equity raise in Q1 2025, maintaining a solid cash position with nearly six quarters of funding available despite ongoing exploration expenditures.

Savannah Goldfields Limited reported a significant AUD 3.3 million cash outflow from operations in Q1 2025, leaving the company with only 2.34 quarters of funding available. The miner’s liquidity position and reliance on multiple loan facilities highlight ongoing financial pressures amid exploration activities.