Latest Sustainable Growth News

Pinnacle Investment Management Group delivered a robust FY2025 with a 49% rise in net profit and a 63% jump in funds under management, driven by strategic international growth and strong affiliate performance.

Pure Foods Tasmania has raised $150,000 through a strategic share and option placement, signaling strong investor confidence in its ongoing turnaround strategy.

Macro Metals Limited has successfully raised A$2 million through a share placement, positioning itself to accelerate exploration and expand its mining services operations.

TPG Telecom has completed its transformative Vocus acquisition, launching a $4.7 billion capital management plan that includes a $3 billion shareholder return, significant debt repayment, and strong FY25 financial guidance.

Reckon Limited has delivered a robust half-year performance with a 16% revenue increase and a 29% rise in net profit attributable to members, while declaring a steady fully franked dividend. Despite these gains, the company’s net tangible assets per share remain negative, highlighting ongoing balance sheet pressures.

PT Aneka Tambang Tbk (ANTAM) has finalized a US$500 million loan facility to support its corporate initiatives, marking a significant material transaction disclosed under Indonesian financial regulations.

Gorilla Gold has unveiled a major Mineral Resource upgrade at its Mulwarrie Gold Project in Western Australia, boosting contained gold ounces by 340% to 350,000 at a higher grade of 3.6 grams per tonne. This pivotal update sets the stage for further growth and development in a prolific gold region.

Beach Energy reported robust FY25 results marked by significant cost reductions, increased production, and record dividends, while advancing key projects like the Waitsia Gas Plant and Moomba CCS.

Genesis Minerals has outperformed its FY25 production guidance with record gold output and strengthened its strategic position through the acquisition of Focus Laverton assets, underpinning its ambitious ASPIRE 400 growth strategy.

Babylon Pump & Power has completed two key acquisitions, expanding its water services platform and enhancing earnings with minimal integration risk. These moves position the company for sustained growth in the mining services sector.

Clime Capital Limited (ASX, CAM) has announced a $14 million convertible note offer featuring a 6.5% fixed interest rate and a maturity date in 2028. The notes are convertible into ordinary shares on a one-for-one basis, providing investors with a hybrid income and equity exposure.

Alara Resources Limited has addressed an ASX query regarding the late filing of a director's interest notice, attributing the delay to complexities in share ownership disclosure. The company confirms existing compliance arrangements remain robust.