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Woodside Energy Group Posts Lower Q1 Revenue, Production

Woodside Energy Group's (ASX:WDS) operating revenue fell to $3.26 billion in the first quarter ended March 31 from $3.32 billion a year earlier, according to a Wednesday filing with the Australian bourse.Total production in the March quarter fell year on year to 45.2 million barrels of oil equivalent (MMBoe) from 49.1 MMBoe, per the filing.Sales were 51.7 MMboe at an average realized price of $63 per barrel of oil, compared with 50.3 MMboe at $64 per barrel of oil in the prior corresponding period, the filing said.The company maintained its 2026 production guidance of 172 million to 186 million barrels of oil equivalent.The company's shares gained 1% in recent Wednesday trade.

ASX:WDS

Asia63d ago

BSP Financial Group's Unaudited Net Profit Jumps in March Quarter

BSP Financial Group's (ASX:BFL) unaudited net profit after tax for the first quarter came in at 278 million Papua New Guinean Kina, up nearly 15% from the 243 million Papua New Guinean Kina reported in the prior-year quarter, according to a Wednesday Australian bourse filing.Revenue rose nearly 19% to 900 million Papua New Guinea Kina from 760 million Papua New Guinea Kina year-over-year, while net interest income climbed almost 16%.Its capital adequacy ratio during the March quarter was around 24%, down 50 basis points year-over-year, but above regulatory requirements.It is approaching peak expenditure for the "Modernizing for Growth" program during 2026 and 2027, after which it expects its cost-to-income ratio to normalise within the 42% to 45% target range, its Chief Executive Mark Robinson said. The ratio was 45% in the first quarter.

ASX:BFL

Asia63d ago

Codan Raises Fiscal 2026 EBIT Guidance; Shares Climb 13%

Codan (ASX:CDA) now expects earnings before interest and tax (EBIT) for fiscal 2026 of about AU$235 million and net profit after tax of about AU$170 million, representing an increase of over 60% for both measures versus fiscal 2025, according to a Wednesday Australian bourse filing.The company said its communications business is expected to achieve revenue growth at the top end of the 15% to 20% range for the fiscal year, with the segment now expected to achieve a 30% profit margin, ahead of the previously targeted timeline of the end of fiscal 2027.Minelab revenue in the fiscal second half to date is tracking ahead of the strong first-half performance, with the group continuing to expect second-half performance to exceed the first half, the filing added.Codan will release its fiscal 2026 results on Aug. 20.The company's shares surged 13% in recent Wednesday trade.

ASX:CDA

Asia63d ago

Regis Healthcare Appoints Andrew Kinkade as CEO

Regis Healthcare (ASX:REG) appointed Andrew Kinkade as managing director and CEO, according to a Wednesday filing with the Australian bourse.Kinkade, currently the managing director of Bupa Villages & Aged Care, will succeed Linda Mellors, who has resigned and will complete her notice period on June 19.

ASX:REG

Asia63d ago

G8 Education to Suspend Operation of Around 40 Centers

G8 Education (ASX:GEM) plans to suspend the operation of around 40 of its centers as a result of an assessment of its network, according to a Wednesday Australian bourse filing.It will transition customers to one of the nearby centers and, where possible, redeploy team members. The firm will then consider longer-term options for those centers, including lease surrender, divestment, or other alternatives.The firm will also reorganize its support office structure and reduce its cost base.Its current spot occupancy as of April 24 came in at 56.4%, down 7% year-over-year, while year-to-date occupancy was 56.1%, down 7.9% versus the prior corresponding period.Occupancy across the early childhood education and care sector is lower compared to previous years due to sustained affordability pressures, falling birth rates, increased long-day care supply, and confidence impacted by serious child safety incidents, the filing noted.

ASX:GEM

Asia63d ago

Syrah Resources Production at Mozambique Graphite Operation Reaches 23.500 Tonnes

Syrah Resources (ASX:SYR) delivered total graphite production of 23,500 tonnes for the March quarter from its Balama graphite operation in Mozambique, according to a Wednesday Australian bourse filing.There was no production at Balama due to protests impeding operations in the year-ago quarter, per a separate filing.Natural graphite sales to external customers were 20,000 tonnes for the quarter, and it completed a large volume breakbulk shipment to Indonesia during the quarter.It noted supply chain risks to Balama, particularly for imported consumables such as diesel, created by the conflict in the Middle East. It is engaged with suppliers and is focused on optimizing the use of its solar and battery system at Balama to manage its exposure to any temporary diesel supply risks.

ASX:SYR

Asia63d ago

ASX Preview: Australian Shares Set to Fall as United Arab Emirates Quits OPEC; Woodside Energy Group Posts Lower Q1 Revenue, Production

Australian shares are poised to fall on Wednesday after the United Arab Emirates said it would quit Organization of the Petroleum Exporting Countries (OPEC), rattling global oil markets amid an escalating Iran war and raising questions over future supply stability in the energy sector.Overnight, the S&P 500, the Nasdaq Composite, and the Dow Jones Industrial Average fell 0.5%, 0.9%, and 0.1%, respectively.In the macroeconomy, Australia's consumer price index report is due at 11:30 am Sydney time.In corporate news, Woodside Energy Group (ASX:WDS) reported a decline in operating revenue to $3.26 billion in the March quarter from $3.32 billion a year earlier, while total production also fell year on year to 45.2 million barrels of oil equivalent (MMBoe) from 49.1 MMBoe.Westgold Resources (ASX:WGX) reported group gold production of 93,145 ounces of gold and sold 69,900 ounces of gold in the fiscal third quarter ended March 31.Australia's benchmark index fell 0.6% or 55.7 points to close at 8,710.70 on Tuesday.

ASX 200ASX:WDSASX:WGX

Asia63d ago

Suncorp Group Launches Offer for Additional Tier 1 Capital Notes

Suncorp Group (ASX:SUN) launched an offer for Australian dollar-denominated perpetual, convertible notes to fund additional Tier 1 capital within the group, according to a Wednesday filing with the Australian bourse.The unsecured, subordinated notes will be offered to institutional and wholesale investors at a face value of AU$10,000 per note, with a potential minimum subscription amount of AU$500,000, per the filing.The notes are expected to be priced on Wednesday.

ASX:SUN

Asia63d ago

Sovereign Metals Outlines Post-DFS Workstreams for Malawi Project

Sovereign Metals (ASX:SVM) is set to advance post-definitive feasibility study (DFS) workstreams for its Kasiya rutile-graphite project in Malawi over the June quarter and beyond, including finalization of the Environmental and Social Impact Assessment, according to a Wednesday Australian bourse filing.The company said it will advance offtake discussions and progress toward binding definitive agreements with Mitsui, Traxys, and other strategic counterparties.Further work to characterize the monazite mineralization at Kasiya is also planned, the company added, including detailed mineralogical characterization, assessment of heavy rare earth concentrate recovery rates, and evaluation of the potential scale and economics of rare earth production as a by-product.

ASX:SVM

Asia63d ago

Newmont Chief Technical Officer to Retire

Newmont (ASX:NEM) said that Executive Vice President and Chief Technical Officer Francois Hardy has notified the board of his decision to retire, effective June 30, according to a Wednesday Australian bourse filing.Erin Workman will serve as acting chief technical officer effective May, the filing said.

ASX:NEM

Asia63d ago

Ramelius Resources Posts Lower Gold Production in March Quarter

Ramelius Resources (ASX:RMS) produced 38,093 ounces of gold at an all-in sustaining cost (AISC) of AU$2,211 per ounce in the March quarter, according to a Wednesday filing with the Australian bourse.The company produced 80,455 ounces of gold at an AISC of AU$1,492 per ounce in the March 2025 quarter, an earlier filing showed.The company reaffirmed its fiscal 2026 production guidance of 185,000 to 205,000 ounces, and upgraded its AISC guidance to a range of AU$1,900 to AU$2,050 per ounce, from AU$1,700 to AU$1,900 per ounce, the filing said.

ASX:RMS

Asia63d ago

Sea Forest Reports Sequential Rise in Fiscal Q3 Revenue

Sea Forest (ASX:SEA) reported revenue of AU$1.1 million in the fiscal third quarter ended March, up 92% from the previous quarter, driven by growth in contracted SeaFeed livestock feed supplement volumes, according to a Wednesday filing with the Australian bourse.The company closed the March quarter with a cash balance of AU$8.4 million, down from AU$9.8 million in the fiscal second quarter, and an aggregate liquidity position of AU$27.4 million, compared with AU$28.9 million in the previous quarter.

ASX:SEA

Asia63d ago

Westgold Resources Posts Higher Fiscal Q3 Group Gold Production, Lower Sales

Westgold Resources (ASX:WGX) reported group gold production of 93,145 ounces of gold and sold 69,900 ounces of gold in the fiscal third quarter ended March 31, according to a Wednesday Australian bourse filing.The company produced 80,107 ounces of gold and sold 78,398 ounces of gold for the quarter ended March 31, 2025, an earlier filing showed.Group all-in sustaining cost (AISC) for the quarter was AU$3,338 per ounce, compared with AU$2,829 per ounce a year earlier.The company reaffirmed its fiscal 2026 guidance in the range of 345,000 to 385,000 ounces of gold at an AISC of AU$2,600 to AU$2,900 per ounce.

ASX:WGX

Asia63d ago

St Barbara Posts Higher Fiscal Q3 Gold Sales

St Barbara (ASX:SBM) said gold sales for the third quarter of fiscal 2026 totaled 11,974 ounces at an average realized price of AU$6,892 per ounce, according to a Wednesday Australian bourse filing.The company's gold sales for the third quarter of fiscal 2025 totaled 11,643 ounces at an average realized price of AU$4,548 per ounce, an earlier filing showed.The company said it held cash and bullion of AU$504 million as of April 2, excluding its attributable share of cash and bullion held by the jointly owned Simberi entities, the filing added.St Barbara said it is fully funded to meet upcoming capital requirements for the Touquoy restart, the expansion of the New Simberi Gold Project, and the development of the 15-Mile Processing Hub using cash on hand and forecast operating cash flow.

ASX:SBM

Asia63d ago

Capricorn Metals Posts Lower Fiscal Q3 Gold Production

Capricorn Metals (ASX:CMM) reported gold production of 30,358 ounces from its Karlawinda project in Western Australia at an all-in sustaining cost (AISC) of AU$1,617 per ounce in the fiscal third quarter ended March 31, according to a Wednesday filing with the Australian bourse.The company produced 30,599 ounces of gold at an AISC of AU$1,390 per ounce during the March 2025 quarter, an earlier filing showed.Year-to-date gold production was 93,152 ounces at an AISC of AU$1,623 per ounce.The project is on track to achieve the upper end of fiscal year 2026 guidance of 115,000 to 125,000 ounces at an AISC of AU$1,530 to AU$1,630 per ounce.

ASX:CMM

Asia63d ago

oOh!media Receives AU$1.40-per-Share Buyout Proposal From Pacific Equity Partners

oOh!media (ASX:OML) received an unsolicited, non-binding proposal from Pacific Equity Partners to acquire the company for AU$1.40 per share in cash, according to a Wednesday filing with the Australian bourse.The proposal is subject to several conditions, including the completion of due diligence, unanimous recommendation by oOh!media's board, and regulatory approvals, per the filing.The company said it is evaluating the proposal alongside financial adviser UBS Securities Australia and legal adviser Mallesons.

ASX:OML

Asia63d ago

Bellevue Gold Reports Higher Gold Production, Sales in March Quarter

Bellevue Gold (ASX:BGL) produced 40,745 ounces of gold and sold 39,754 ounces of gold at an average price of AU$3,459 per ounce during the March quarter, according to a Wednesday Australian bourse filing.The company produced 25,146 ounces of gold and sold 25,775 ounces of gold at an average price of AU$3,259 per ounce during the March 2025 quarter, an earlier filing showed.The company said it was on track to meet fiscal 2026 production guidance in the range of 130,000 to 150,000 ounces of gold and all-in sustaining costs guidance of AU$2,600 to AU$2,900 per ounce, the filing added.

ASX:BGL

Asia63d ago

BCI Minerals' Pilbara Salt Project Continues to De-risk Despite Cyclone Disruptions, Says Euroz Hartleys

BCI Minerals' (ASX:BCI) Mardie high-purity salt project development on the Pilbara Coast continues to de-risk, with a strong long-term outlook even as recent cyclone disruptions have curtailed the timing of first production, Euroz Hartleys said Tuesday in a note.Construction of the project, expected to be the third largest salt operation globally and the largest in Australia, is now 81% complete.The full impact of heavy rainfall from Cyclones Mitchell and Narelle has yet to be determined. However, in a positive move, salt operations have restarted with pond density increasing.Additionally, demand from chlor-alkali plants under development in India, China and Indonesia is projected to support stronger medium-term prices despite soft salt import pricing during the quarter.Euroz Hartleys maintained a speculative buy rating and a price target of AU$0.50, both under review as it assesses the impact on first salt sales timing and weak short-term salt pricing.

ASX:BCI

Asia63d ago

HMC Capital Says JPMorgan Chase Becomes Substantial Holder

HMC Capital (ASX:HMC) received notice that JPMorgan Chase and its affiliates became a substantial holder of the company on April 24, according to a Wednesday filing with the Australian bourse.JPMorgan Chase now owns about 21 million shares in the company, representing 5.08% of the issued shares, the filing said.

ASX:HMC

Asia63d ago

Rua Bioscience Notes 'Significant Contraction' in Australian Medical Cannabis Prescribing Volumes Amid Regulatory Review

Rua Bioscience (NZE:RUA) said the Australian market has experienced "significant contraction" in medical cannabis prescribing volumes amid a Therapeutic Goods Administration review of the safety of unapproved products, according to a Wednesday filing with the New Zealand bourse.However, medicinal cannabis is showing "strong signs of maturity and growth" in international markets, especially in Europe, in the face of recent international developments and discourse of a global economic slowdown, Rua added.The company recently established RUA genetics in Canada, the second-largest cannabis market in the world after the US, adding to its presence in Germany, Australia, New Zealand, Czechia, and the UK, per the filing.In Australia, the company expects a market reset after the regulatory review is complete, and is working to establish its products in new clinic chains.Elsewhere, Rua plans to bring several products to the New Zealand market in the coming months, and is also working on product launches in Czechia scheduled for May. Additionally, the company is looking to expand in the UK with plans to incorporate its genetics through new channels and clinic chains.In Germany, the company believes there is strong demand for consistent and reliable suppliers as significant regulatory changes seem unlikely following a review during which distributors reduced stock and scaled back imports. The German market remains competitive and continues to show strong signs of growth, Rua said.

NZE:RUA

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