-- Tibet Summit Resources (SHA:600338) posted 2025 attributable net profit of 512.0 million yuan, up 123% from 229.6 million yuan the previous year.
Earnings per share rose to 0.5601 yuan from 0.2512 yuan, according to a filing with the Shanghai bourse.
Revenue climbed 48% year over year to 2.43 billion yuan from 1.64 billion yuan.
Shares of the mining company were down 10% in recent trade.
Unico Silver (ASX:USL) said it reduced the number of drill rigs under its drilling operations in Argentina to two from three as it moves into reduced winter operations, according to a Friday Australian bourse filing.The company plans to update the Joaquin project mineral resource estimate in the June quarter to incorporate recent infill drilling.In the same filing, the company said it is conducting pre-feasibility work streams, including geotechnical drilling and interpretation to define open-pit slope and design parameters, as well as comminution and metallurgical test work to confirm processing assumptions and recovery pathways.The company's shares fell past 1% in recent trading on Friday.
Japanese shares slightly rose at the start of Friday's session, as investors remain cautiously optimistic on the U.S.-Iran negotiations after an extended ceasefire between Israel and Lebanon.The Nikkei 225 rose 267.2 points or 0.5% to open at 59,407.44President Donald Trump announced a three-week extension of the ceasefire between Israel and Lebanon, yet investors stayed wary as market direction depends on whether tensions with Iran intensify or move toward diplomatic solutions.The West Texas Intermediate climbed to about $97 a barrel, while Brent Crude closed at nearly $105 on Thursday.At home, Japan's core inflation accelerated to 1.8% in March from 1.6% the previous month, driven by higher energy costs-a trend that could affect the Bank of Japan's decision to leave its benchmark rate unchanged coming Tuesday.
Commonwealth Bank of Australia (ASX:CBA) has launched a new agentic artificial intelligence (AI) system that continuously analyzes payments data to identify emerging fraud patterns and propose real-time detection rules, strengthening its ability to intercept scams faster while maintaining human oversight, according to a Friday statement by the bank.The system leverages the bank's wider AI infrastructure, which analyzes over 80 million signals and processes about 20 million payments daily, enabling it to issue over 40,000 proactive fraud alerts to customers each day.The initiative, part of the bank's AU$1 billion annual security investment, has already reduced fraud losses by over 20% in the early year and helped generate or update around three-quarters of card fraud rules.The bank's shares fell 1% in recent Friday trade.