Latest Geopolitics News

Newmont Corporation’s 2024 Annual Report reveals a robust financial performance fueled by higher metal prices and the strategic acquisition of Newcrest Mining. The company also embarks on a major portfolio reshaping with planned divestitures of six non-core assets.

Corporate Travel Management Limited (CTM) reported a 42% drop in net profit for the half-year ended December 2024, amid a 6% revenue decline. Despite this, strong performances in North America and Australia & New Zealand, alongside ongoing automation and new client wins, position CTM for a rebound in the second half.

Iluka Resources reported a 32% drop in net profit after tax to $231 million for 2024, while securing critical funding for its Eneabba rare earths refinery and progressing the Balranald mine development.

Antilles Gold Limited is raising $1 million through a share and option placement to support working capital and development of its Nueva Sabana copper-gold mine in Cuba.

Tivan Limited has completed its acquisition of the Speewah Project from King River Resources, clearing all contractual obligations and setting the stage for a strategic joint venture with Sumitomo Corporation.

Ionic Rare Earths has revealed preliminary Life Cycle Assessment results showing its magnet recycling process could reduce CO2 emissions by 30-50% compared to traditional rare earth oxide production, positioning the company as a sustainability leader in the UK and European rare earth supply chains.

Reliance Worldwide Corporation Limited reported a robust 14.8% revenue increase to US$676.5 million and a 31.8% rise in net profit after tax to US$67.2 million for H1 FY25, driven by the full contribution from its Holman Industries acquisition.

EV Resources Limited has responded to ASX inquiries confirming the material impact of China's molybdenum export controls and recent high-grade antimony assay results on its securities.

IperionX has landed a $47.1 million contract from the U.S. Department of Defense to develop a domestic titanium supply chain, marking a significant step toward reducing reliance on foreign sources for this critical metal.

Fiducian Group Limited reported a robust half-year result for December 2024, with revenue up 14% and net profit after tax rising 26%, underpinning a higher fully franked interim dividend.

Bluescope Steel Limited has announced a fully franked interim dividend of AUD 0.30 per share, reflecting confidence in its financial position for the half-year ending December 2024.

Eagle Mountain Mining has issued over 202 million new shares and 50 million options, raising $1.62 million through its recent entitlement offer. The company is poised to complete the underwritten shortfall, potentially increasing its capital base further.