17h ago
Aeris Resources guides FY27 copper output at 22–27 kt and lifts growth capex to $170–210 million
Aeris Resources (ASX: AIS) issued FY27 guidance that keeps production broadly steady, with copper output forecast at 22–27 kt versus 23 kt in FY26 and gold at 42–51 koz versus 49 koz. Mine operating costs are guided at $320–390 million compared with $332 million in FY26. Growth and project capital is set to rise sharply to $170–210 million from $102 million, alongside higher exploration spending of $29–35 million versus $17 million.
17h ago
19h ago
Steadfast consortium reiterates A$6.00-a-share cash bid, extends exclusivity to 19 August 2026
Steadfast Group (ASX: SDF) said a consortium remains committed to its A$6.00-per-share cash proposal and has extended the exclusivity period for talks to 19 August 2026. The company said the consortium’s due diligence work is substantially complete and that shareholders do not need to take any action at this stage. Steadfast operates an insurance broking network across Australia, New Zealand, Singapore and the US, placing around A$25 billion in gross written premium each year. Since the proposal was announced, Steadfast shares have fallen 14%, lagging the benchmark index by 3.6 percentage points.
19h ago
19h ago
Regis Healthcare to buy Royal Freemasons’ Victorian home care business, adding about 480 clients
Regis Healthcare (ASX: REG) said it will acquire Royal Freemasons Homes of Victoria’s home care business, adding about 480 clients. The company said the deal is expected to lift annualised home care revenue to around A$50 million, up by more than A$10 million from current levels. The transaction is expected to complete in the second quarter of FY27. The move expands Regis’ scale and revenue base in Australia’s home care market.
19h ago
20h ago
Vista raises FY26 revenue outlook to $179–184 million as cloud and payments growth lifts market share to 48%
Vista Group International Ltd (ASX: VGL) lifted its FY26 revenue guidance to $179–184 million after stronger first-half growth in its cloud and payments businesses. Total revenue rose 12% year on year and recurring revenue increased 14%, while SaaS revenue jumped 38%. The company said its market share reached 48%. The results outperformed expectations and supported the stock’s performance on the ASX.
20h ago
20h ago
Bell Potter upgrades Fortescue to Hold, cuts price target to $17.40
Fortescue (FMG) reported FY26 full-year iron ore C1 cash costs of US$18.74/wmt, above its prior guidance range of US$17.50–US$18.50/wmt. It also lifted FY27 cost guidance to US$20.50–US$21.75/wmt, representing a 13% year-on-year increase. The cost increase was mainly driven by higher diesel prices and a stronger AUD:USD exchange rate. The currency move directly raises operating costs denominated in U.S. dollars and puts pressure on the Australian dollar exchange rate.
20h ago
22h ago
Rio Tinto’s copper push pays off as first-half copper EBITDA jumps 84% to US$5.7 billion
Rio Tinto reported a strong half-year result, with copper underpinning earnings as copper underlying EBITDA surged 84% year on year to US$5.7 billion, or about 36% of group profit. The lift was driven by the ramp-up of the Oyu Tolgoi mine in Mongolia and firmer copper prices. Iron ore remained the biggest contributor at about 43%, while its EBITDA was broadly flat. The group also posted solid gains in revenue, EBITDA and net profit, while net gearing stayed low.
22h ago
7-31
Monadelphous unit wins $165 million Rio Tinto contract for Brockman Syncline 1 work starting 2026
Monadelphous Group Ltd said its subsidiary Kerman Contracting has been awarded a $165 million design-and-construction contract by Rio Tinto for the Brockman Syncline 1 project in Western Australia’s Pilbara. Work is scheduled to begin in 2026 and finish in 2028. The scope includes facilities such as a heavy equipment workshop, washdown and tyre-change areas, plus fuel storage and refuelling infrastructure. The company said the award strengthens its forward order book and builds on earlier work secured at the same site.
7-31
7-31
Strike Energy says South Erregulla Power Station reaches mechanical completion as project hits 94% progress in FY26 Q4
Strike Energy (ASX: STK) reported FY26 Q4 results, saying the South Erregulla Power Station reached mechanical completion and the overall development is 94% complete as it moves toward commercial operations. For the quarter, Walyering gas-field natural gas sales revenue was A$13.10 million, with an average realised gas price of about A$7.09/GJ. Cash and cash equivalents rose 25% quarter-on-quarter to A$46.28 million, taking total liquidity to A$46.58 million.
7-31