Latest Finance News

Hartshead Resources has submitted a development programme and budget to the P2607 Joint Venture, proposing a new gas export route through CalEnergy’s Saturn Banks pipeline, promising reduced capital expenditure and accelerated production timelines.

Critical Metals Corp. has secured US$22.5 million through a private placement to advance its Tanbreez Rare Earth Project in Greenland and Wolfsberg Lithium Project in Austria, reinforcing its position in the critical metals supply chain for Europe.

Pact Group Holdings has responded to an ASX price query, confirming no undisclosed material information and previewing a modest earnings uplift for the half-year ending December 2024.

Cygnus Metals has secured conditional approval for up to C$1.3 million from Canada’s Critical Minerals Infrastructure Fund to support key pre-construction milestones at its Chibougamau Copper-Gold Project, marking a significant step towards feasibility and infrastructure development.

Medallion Metals has secured a positive EPBC Referral decision for its Ravensthorpe Gold Project, marking a crucial milestone in its sulphide development strategy. The company aims to submit additional environmental data by March 2025, targeting final approval by Q3 2025 while progressing drilling and financing.

New World Resources has secured a critical federal permitting milestone for its Antler Copper Project, setting a clear path to full approval within 12 months and construction commencement in H2 2025.

Atlas Arteria reveals it will face a significant temporary supplemental tax under France’s new 2025 Finance Law, impacting its APRR Group operations with payments due late next year.

Charter Hall Long WALE REIT reported a resilient half-year performance with near-full occupancy and solid income growth, reaffirming its FY25 earnings and distribution guidance amid strategic portfolio adjustments.

Tempest Minerals has signed a Memorandum of Understanding with Green Steel and Iron to develop a $3 billion hot briquette iron processing hub near its Yalgoo Project, aiming to supply high-grade magnetite for green steelmaking.

Northern Minerals has completed the second tranche of its placement, raising $41.5 million to advance its Browns Range Heavy Rare Earth Project, focusing on the high-grade Wolverine deposit.

Garda Property Group has reaffirmed its FY25 income return at 7.2 cents per security and upgraded its distribution payout ratio to 95% of FFO. The group plans to sell its North Lakes industrial site for $114 million and is marketing its Cairns Corporate Tower, aiming to reduce gearing and reposition as a focused industrial REIT.

KKR Credit Income Fund has announced an actual distribution of AUD 0.0167 per ordinary unit, comprised entirely of a return of capital with no foreign income or franking. This update finalises the distribution details following a prior estimate.