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Fortescue to Invest $680 Million to Develop Western Australia Green Energy Project

Fortescue's (ASX:FMG) board approved an investment of $680 million to develop new green energy infrastructure in the Pilbara region in Western Australia as part of a broader $6.2 billion decarbonization program, according to a Friday Australian bourse filing.The company will develop the 200-megawatt (MW) Pilbara Green Energy Project, to be completed by 2028, with a pathway to multi-gigawatt expansion beyond 2030, the filing said.By 2028, Fortescue's previously announced green grid will comprise 1.2 gigawatts of solar energy, 600 MW of wind energy, 4 gigawatt-hours to 5 gigawatt-hours of battery storage, and 620 kilometers of transmission lines, per the filing.

ASX:FMG

Asia110d ago

St Barbara Approves Final Investment Decision for Canada Operation Restart

St Barbara (ASX:SBM) approved the final investment decision to proceed with the Touquoy operation restart after receiving approval of amendments to the Industrial Approval permit conditions received from the Nova Scotia Department of Environment and Climate Change, according to a Friday Australian bourse filing.The firm's units signed two major contracts with Alva Construction and MacGregor's Industrial to provide support services for the reopening and processing period of the Touquoy operation.It anticipates that Touquoy will be in a position to restart ore processing by the end of the year.

ASX:SBM

Asia110d ago

West African Resources Production to Increase in Coming Quarters, Says Euroz Hartleys

West African Resources' (ASX:WAF) production is expected to increase in the coming quarters helped by improvements in underground grades at Sanbrado and Kiaka, Euroz Hartleys said in a note on Thursday.The company reported first-quarter group production of 107,700 ounces and operating cash flow of AU$440 million, leading to a record cash and bullion balance of AU$1.06 billion.It also maintained its 2026 production guidance at 430,000 ounces to 490,000 ounces, in-line with Euroz Hartleys' forecast of 470,500 ounces.The investment firm believes the miner is "materially undervalued" in light of its production profile and cash generation, especially after the Burkina Faso government's move to acquire a 25% stake in its Kiaka mine for AU$175 million, removing a key source of uncertainty.Prevailing gold prices and the company's strong cash flow are expected to support early debt repayment and ongoing capital returns, with the recent special dividend of AU$0.15 seen as first of many.Euroz Hartleys reiterated a speculative buy rating on West African Resources and raised its price target to AU$5.55 from AU$5.50.

ASX:WAF

Asia110d ago

Vulcan Energy Resources Says Construction Underway at German Lithium Chemical Plant

Vulcan Energy Resources (ASX:VUL) said construction has started at its lithium chemical plant in Frankfurt, according to a Friday filing with the Australian bourse.The plant will convert lithium chloride into lithium hydroxide monohydrate (LHM) using electrolysis. The first phase of production will target capacity of 24,000 tonnes of LHM, which is sufficient for around 500,000 electric vehicle batteries per year, the company said.

ASX:VUL

Asia110d ago

FleetPartners Accelerates Dividend Franking Timeline

FleetPartners Group (ASX:FPR) updated its dividend outlook after completing its fiscal 2025 tax return, now expecting future dividends, including any first-half interim payout, to be fully franked ahead of its earlier September timeline, according to a Friday Australian bourse filing.The company also confirmed it will release its fiscal first-half financial results to the Australian Securities Exchange on May 7, the filing added.

ASX:FPR

Asia110d ago

PLS Group Starts Commissioning of Mid-Stream Demonstration Plant, Reports Higher March Quarter Production

PLS Group (ASX:PLS) started commissioning of its Mid-Stream Demonstration Plant in Western Australia, with the first product expected in the September quarter, according to a Friday filing with the Australian bourse.The move follows the company securing up to AU$38.1 million in funding from the Australian Renewable Energy Agency to support the plant's operation, and entering an offtake agreement with Ningbo Ronbay New Energy Technology for lithium phosphate produced at the plant.PLS Group also acquired Calix's (ASX:CXL) stake in the plant to gain full ownership and operational control of the facility, per the filing. Calix remains a technology partner in the project, which aims to test more efficient and lower-carbon processing pathways for hard-rock lithium.Separately, PLS Group reported March quarter production of 232,400 tonnes and revenue of AU$567 million.In the year-ago period, the company reported production of 125,000 tonnes and revenue of AU$150 million, an earlier filing showed.

ASX:CXLASX:PLS

Asia110d ago

Perseus Mining's Solid Q3, Royalties Prompt Upgrade to Annual Production Forecast, Says Euroz Hartleys

Perseus Mining (ASX:PRU) reported strong third-quarter gold production, supported by solid performance across all three operations and lower unit costs due to higher volumes, Euroz Hartleys said in a note on Thursday, prompting an upgrade to its annual production forecast for the company.The investment firm raised its fiscal 2026 gold production estimates by 3% to 405,000 ounces, citing increased royalties in Ivory coast and Ghana.The miner posted third-quarter gold production of 107,000 ounces, broadly in line with Euroz Hartleys' expectation of 108,000 ounces, with improved margins driven by a higher gold price.The brokerage reaffirmed a buy rating and lifted its price target to AU$6.85 from AU$6.60.

ASX:PRU

Asia110d ago

Auric Mining Appoints CEO

Auric Mining (ASX:AWJ) has appointed Gareth Solly as chief executive, effective May 18, according to a Friday Australian bourse filing.Solly most recently served as the founding managing director of Black Cat Syndicate (ASX:BC8), the filing added.

ASX:AWJ

Asia110d ago

Newmont Posts Higher Q1 Adjusted Earnings, Sales

Newmont (ASX:NEM) reported Friday first-quarter adjusted earnings of $2.90 per share, up from $1.25 a year earlier.Analysts polled by FactSet expected earnings of $2.18.Sales for the three months ended March 31, was $7.31 billion, compared with $5.01 billion a year earlier. Analysts surveyed by FactSet expected $6.57 billion.The board declared a quarterly dividend of $0.26 per share, up from $0.25 a year earlier, payable June 22 to shareholders on record as of May 27.

ASX:NEM

Asia110d ago

Newmont Posts Q1 Adjusted EPS of $2.90, Sales of $7.31 Billion

ASX:NEM

Asia110d ago

Bankers Investment Trust Reports Net Asset Value

Bankers Investment Trust's (NZE:BIT) unaudited net asset value was 1.485 pounds sterling per share as of Wednesday, according to a Friday filing with the New Zealand bourse.This included current financial year revenue items and excluded shares held in treasury.The unaudited net asset value, excluding current financial year revenue items and shares held in treasury, was 1.475 pounds sterling per share, the filing said.

NZE:BIT

Asia110d ago

Henderson Far East Income Reports Net Asset Value

Henderson Far East Income's (NZE:HFL) unaudited net asset value, including current financial year revenue items, was 2.543 pounds sterling per share as of Wednesday, according to a Friday filing with the New Zealand bourse.Unaudited net asset value, excluding current financial year revenue items for the same period, was 2.475 pounds sterling per share, the filing said.

NZE:HFL

Asia110d ago

F&C Investment Trust Reports Net Asset Per Ordinary Share

F&C Investment Trust (NZE:FCT) said its net assets before charges at market value and excluding income came in at 13.9858 pounds sterling per ordinary share as of Wednesday, according to a Friday New Zealand bourse filing.Net assets per ordinary share before charges at market value and including income clocked in at 14.0077 pounds sterling, per the filing.Meanwhile, net assets before charges at nominal value and excluding income were 13.5397 pounds sterling per ordinary share.Net assets before charges at nominal value and including income were 13.5617 pounds sterling per ordinary share.

NZE:FCT

Asia110d ago

Templeton Emerging Markets Investment Trust Reports Net Asset Value

Templeton Emerging Markets Investment Trust's (NZE:TEM) unaudited net asset value including income was 2.91 billion pounds sterling, or 3.0897 pounds sterling per share, as of Wednesday, according to a Friday filing with the New Zealand bourse.Unaudited net asset value excluding income was 2.88 billion pounds sterling, representing a net asset value of 3.0521 pounds sterling per share, the filing said.

NZE:TEM

Asia111d ago

China Medical System Gets China Acceptance for Seasonal Allergic Rhinitis Drug Indication of MG-K10

China Medical System's (HKG:0867, SGX:8A8) new drug application for the seasonal allergic rhinitis indication of MG-K10 was accepted by China's National Medical Products Administration, according to a Thursday Hong Kong bourse filing.The firm holds co-development rights, excluding the indication of atopic dermatitis, and exclusive commercialization rights for the drug.The drug is proposed to treat adult patients with moderate-to-severe seasonal allergic rhinitis whose symptoms are inadequately controlled following treatment with intranasal corticosteroid.

HKG:0867SGX:8A8

Asia111d ago

Sinopharm Arm's Operating Profit Slips 20% in Q1

Sinopharm (HKG:1099) unit China National Medical Device recorded an operating profit of 220.2 million yuan in the first quarter of 2026, down 20% from 276.7 million yuan a year prior, according to a Thursday Hong Kong bourse filing.Revenue jumped 1.2% to 17 billion yuan from 16.8 billion yuan in the prior-year period.

HKG:1099

Asia111d ago

Ping An Healthcare's Q1 Profit Surges 138%

Ping An Healthcare and Technology (HKG:1833) recorded a net profit of 79.1 million yuan in the first quarter of 2026, up 138% from 33.2 million yuan a year prior, according to a Thursday Hong Kong bourse filing.Revenue jumped 9.1% to 1.16 billion yuan from 1.06 billion yuan in the year-ago period.

HKG:1833

Asia111d ago

Acme International Proposes Name Change

Acme International (HKG:1870) is proposing to change its English name to Green Power Group, alongside a change in its Chinese name, according to a Thursday Hong Kong bourse filing.The name change is subject to shareholder and regulatory approvals.The building maintenance provider has been focusing on the investment, development, and operation of green energy projects in recent years.The firm believes the new name will align with its business scope, better reflect its positioning and corporate vision, boost strategic development, and create a new image for the company as a green energy firm.

HKG:1870

Asia111d ago

InnoCare Pharma's Q1 Profit Soars 489%

InnoCare Pharma (SHA:688428, HKG:9969) recorded a 489% surge in attributable profit in the first quarter of 2026 to 105.8 million yuan from 18 million yuan a year prior, according to a Thursday Hong Kong bourse filing.Basic EPS rose to 0.06 yuan in the three months from 0.01 yuan in the corresponding period of the previous fiscal year.Operating revenue jumped 39% to 528.6 million yuan from 381.3 million yuan in the year-ago period, driven by the volume growth and new contributions from various products, as well as milestone payments under a license agreement with Zenas BioPharma.

HKG:9969SHA:688428

Asia111d ago

Viva Goods' Q1 Revenue Logs Mid-Single-Digit Growth

Apparel and footwear retailer Viva Goods (HKG:0933) saw a mid-single-digit year-over-year increase in revenue for the first quarter of 2026, according to a Thursday Hong Kong bourse filing.

HKG:0933

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