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Minerals 260's Drill Results Further Support Potential Western Australia Project Resource Upgrade

Minerals 260's (ASX:MI6) recent drill results from its Bullabulling gold project in Western Australia supported "strong" potential for a resource upgrade, according to a Monday Australian bourse filing.The results were up to seven meters at 3 grams per tonne gold from 238 meters at the Bacchus deposit, including 0.8 meters at 16.1 g/t gold from 240.9 meters, while the Phoenix deposit returned three meters at 8.9 g/t gold from 117 meters, including one meter at 23.8 g/t gold from 118 meters.The company said drilling intersected multiple mineralized lenses outside the mineral resource estimate and identified target extensions of high-grade areas at Bacchus and Phoenix.Results confirm the continuity of mineralization within the 4.5 million ounce mineral resource estimate, particularly in areas targeted for early mining, and support the conversion of inferred resources to indicated classification through ongoing infill drilling, the filing added.

ASX:MI6

Asia104d ago

Strickland Metals Experiences Drilling Delays at Serbia Project

Strickland Metals (ASX:STK) finalized drilling plans for the current year's field season, but is experiencing delays to the start of its exploration drilling program at its Rogozna project in Serbia, according to a Monday filing with the Australian bourse.The company has not received the final approvals required for the expansion of drilling work plans for the main license, containing the Gradina, Shanac, Copper Canyon, and Medenovac deposits, the filing said.Meanwhile, drilling preparation has begun at Obradov Potok and Jezerska Reka prospects, per the filing.

ASX:STK

Asia104d ago

Magnetic Resources Identifies High-Grade Gold Mineralization at Western Australia Project

Magnetic Resources (ASX:MAU) said it intersected high-grade gold mineralization during a recent drilling at its Lady Julie Gold Project in Western Australia, according to a Monday Australian bourse filing.The results were up to 15 meters at 3.9 grams per tonne gold from 200 meters, including 10 meters at 5.5 grams per tonne gold from 205 meters.In the same filing, the company said the board continues to unanimously support the Genesis scheme and recommends that shareholders vote in favor of it in the absence of a superior proposal and subject to the independent expert continuing to conclude the scheme is in the best interests of shareholders, it added.

ASX:MAU

Asia104d ago

Forrestania Resources Completes Acquisition of Western Australia Gold Project

Forrestania Resources (ASX:FRS) completed its acquisition of the Karonie gold project in Western Australia from Alchemy Resources subsidiary Goldtribe Corp., according to a Monday filing with the Australian bourse.The consideration was paid via the issue of AU$5 million worth of shares and a 1% net smelter royalty. The royalty does not apply to the first 110,000 ounces produced from the KZ5, Parmelia, and Taupo deposits, per the filing.The project includes an inferred mineral resource of 6.5 million tonnes at 0.9 grams per tonne grade of gold for 185,700 ounces, the company said.

ASX:FRS

Asia104d ago

Nuix Appoints Permanent CEO

Nuix (ASX:NXL) appointed John Ruthven as permanent chief executive, effective Monday, according to a same-day Australian bourse filing.Ruthven served as interim CEO from November 2025, the filing added.

ASX:NXL

Asia104d ago

National Australia Bank's Total Capital, CET1 Capital Up Year on Year in March Quarter

National Australia Bank's (ASX:NAB) total capital and Common Equity Tier 1 (CET1) capital both increased year over year in the March quarter, according to a Monday Australian bourse filing.The bank's total capital in the three months to March came in at AU$91.97 billion, up from the AU$89.62 billion it reported in the year-ago period. Its CET1 capital for the period clocked in at AU$52.39 billion, rising from the AU$51.24 billion it reported for the March 2025 quarter.Its Level 1 Group CET1 ratio for the March quarter was 11.5%, compared with a ratio of 11.8% in the prior-year period. It reported a liquidity coverage ratio of 132% for the quarter, compared with 139% in the same period in the previous year.

ASX:NAB

Asia104d ago

Vista Group International Says it is On Track to Meet 2026 Guidance

Vista Group International (ASX:VGL, NZE:VGL) is on track to meet its 2026 guidance, including revenue of NZ$176 million to NZ$182 million, according to a Monday filing with the New Zealand bourse.The company also continues to expect a 2026 earnings before interest, taxes, depreciation, and amortization margin of 18% to 20%, per the filing.

ASX:VGLNZE:VGL

Asia104d ago

Seek Says BlackRock Group Ceases to be a Substantial Shareholder

Seek (ASX:SEK) received notice that BlackRock Group and its subsidiaries are no longer substantial holders of the company from April 30, according to a Monday Australian bourse filing.BlackRock Group and its subsidiaries became a substantial holder of the company on March 26, with a 5% total voting power, an earlier filing showed.

ASX:SEK

Asia104d ago

Qoria Says Norges Bank Becomes Substantial Holder

Qoria (ASX:QOR) received notice that Norges Bank became a substantial holder of the company on April 30, according to a Monday Australian bourse filing.Norges Bank now owns 69.6 million shares in the company, representing a 5.06% total voting power, the filing said.

ASX:QOR

Asia104d ago

Eagers Automotive Completes Investment in CanadaOne Auto

Eagers Automotive (ASX:APE) completed its acquisition of a 65% stake in the holding company of Canadian dealership group CanadaOne Auto, effective April 30, according to a Monday filing with the Australian bourse.The consolidated group represents AU$18.7 billion in revenue, AU$968.6 million in earnings before interest, taxes, depreciation, and amortization, and AU$671.9 million in profit before tax on a combined pro-forma basis for 2025, per the filing.As part of the deal, CanadaOne Auto founder Pat Priestner exercised an option to acquire a 5% interest in easyauto123, Eagers Automotive's independent pre-owned car business in Australia and New Zealand. The deal is expected to close by the end of May.

ASX:APE

Asia104d ago

National Australia Bank Posts Lower Fiscal H1 Cash Earnings, Higher Net Operating Income

National Australia Bank (ASX:NAB) reported Monday fiscal first-half cash earnings of AU$0.861 per share, down from AU$1.145 a year earlier.Analysts polled by FactSet expected earnings of AU$0.97.Net operating income for the six months ended March 31 was AU$10.87 billion, compared with AU$10.27 billion a year earlier. Analysts surveyed by FactSet expected AU$10.96 billion.The board declared an interim dividend of AU$0.85 per share, unchanged from the prior corresponding period, payable July 2 to shareholders on record as of May 8.

ASX:NAB

Asia104d ago

National Australia Bank Posts Fiscal H1 Cash EPS of AU$0.861, Net Operating Income of AU$10.87 Billion

ASX:NAB

Asia104d ago

Air New Zealand Group Capacity Rises in March

Air New Zealand (ASX:AIZ, NZE:AIR) group capacity rose 4.1% year on year in March, according to a Monday filing with the Australian and New Zealand bourses.Long-haul available seat kilometers (ASKs) rose 2.5%, while domestic ASKs increased by 3.4%, per the filing.Short-haul international ASKs rose 7.6% year on year, supported by the addition of two new A321 aircraft.Group year-to-date underlying revenue per available seat kilometer rose 2.7% from the prior year.The airline carried 1.6 million passengers in March, about the same as the previous year, while the passenger load factor rose to nearly 86%, up from around 83%, the filing added.

ASX:AIZNZE:AIR

Asia104d ago

a2 Milk Co. Recalls US Infant Formula Batches After Toxin Detection

a2 Milk Co. (ASX:A2M, NZE:ATM) started a voluntary recall on May 1 of three batches of its a2 Platinum USA infant milk formula, following the detection of cereulide in product manufactured by Synlait Milk (ASX:SM1, NZE:SML), according to separate Monday filings with the Australian and New Zealand bourses.The product was sold only in the US via online platforms and select retailers and had already been discontinued before the recall, while all a2 Platinum products sold outside the US remain unaffected, per the filing.No illnesses have been reported, and any symptoms are typically mild and short-lived, a2 Milk said, adding that it is working with the US Food and Drug Administration and has provided guidance to US consumers who may have purchased the product.The recall reflects updated guidance from New Zealand authorities on managing cereulide risks, a2 Milk said.The companies said they do not expect the recall to impact their financial results.

ASX:A2MASX:SM1NZE:ATMNZE:SML

Asia106d ago

Sojitz's Profit Slides 6.3% in Fiscal 2025

Sojitz's (TYO:2768) profit attributable to owners of the parent fell 6.3% to 103.6 billion yen in fiscal 2025 from 110.6 billion yen a year earlier.The company's earnings per share declined to 494.95 yen from 513.74 yen a year ago, according to a Tokyo bourse filing on Friday.Revenue rose 9.9% to 2.757 trillion yen in the year ended March 31 from 2.510 trillion yen in the prior year.The company declared a final dividend of 82.50 yen per share, payable from June 10For the fiscal year ending March 31, 2027, Sojitz expects attributable profit of 130 billion yen and basic EPS of 622.55 yen.Sojitz plans to pay interim and year-end dividends of 90.00 yen per share each for the year, higher than the amount paid a year ago.

TYO:2768

Asia106d ago

Yamato's Profit Plunges Down 64% in Fiscal Year 2025

Yamato (TYO:1967) profit attributable to owners of the parent plunged 64% to 13.7 billion yen in fiscal year 2025 from 37.9 billion yen a year earlier.The Japanese general contractor's basic earnings per share decreased to 43.07 yen from 111.87 yen a year ago, according to a Tokyo bourse filing on Thursday.Operating revenue increased 5.8% to 1.865 trillion yen for the year ended March 31, from 1.762 trillion yen in the previous fiscal year.Yamato declared a final dividend of 23 yen per share.For fiscal year 2026, the company expects attributable profit of 24 billion yen, basic EPS of 75.79 yen and operating revenue of 1.920 trillion yen.Shares of Yamato rose more than 3% at market close.

TYO:1967

Asia106d ago

Mirae Asset Securities Upgrades Mphasis to Buy from Add; Price Target is INR2,690

Mphasis (NSE:MPHASIS, BOM:526299) has an average rating of overweight and mean price target of 2,716.19 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

BOM:526299NSE:MPHASIS

Asia106d ago

Sumitomo's Profit Climbs 6.8% in Fiscal Year 2025

Sumitomo's (TYO:8053) profit attributable to owners of the parent rose 6.8% to 600.3 billion yen for the fiscal year 2025 from 561.9 billion yen a year earlier.The diversified general trading company's earnings per share increased to 498.66 yen from 463.32 yen a year ago, according to a Tokyo bourse filing on Friday.Revenues rose 0.6% to 7.337 trillion yen for the year ended March 31 from 7.292 trillion yen in the prior year.In a separate disclosure, Sumitomo raised its final dividend payout to 80 yen per share, from 70 yen initially forecasted, payable from June 22.For the fiscal year ending March 31, 2027, the company expects attributable profit of 630 billion yen and EPS of 132.06 yen.Sumitomo plans to pay interim and year-end dividends of 20.00 yen per share, each, for the year on a post-split basis, which is higher than the pre-split amount paid in the year-ago period.

TYO:8053

Asia106d ago

Meiwa's Profit Edges Down 0.1% in Fiscal Year 2025

Meiwa's (TYO:8103) profit attributable to owners of the parent declined 0.1% to 3.37 billion yen in fiscal year 2025 from 3.38 billion yen a year earlier.The Japanese trading company's basic earnings per share increased to 83.99 yen from 83.28 yen a year ago, according to a Tokyo bourse filing on Thursday.Net sales increased 5.2% to 164.9 billion yen for the year ended March 31, from 156.7 billion yen in the previous fiscal year.Meiwa declared a final dividend of 42 yen per share.For fiscal year 2026, the company expects attributable profit of 3.7 billion yen, basic EPS of 93.53 yen, and net sales of 170 billion yen.Shares of Meiwa rose nearly 3% at market close.

TYO:8103

Asia106d ago

Itochu's Profit Edges Up 2.3% in Fiscal Year 2025

Itochu's (TYO:8001) profit attributable to owners of the parent rose 2.3% to 900.3 billion yen in fiscal year 2025 from 880.3 billion yen a year earlier.The general trading company's basic earnings per share increased to 128 yen from 123.13 yen a year ago, according to a Tokyo bourse filing on Friday.Net sales gained 0.7% to 14.8 trillion yen in the year ended March 31 from 14.7 trillion yen in the prior year.Itochu declared a final dividend of 22 yen per share, payable from June 22.For fiscal year 2026, the company expects attributable profit of 950 billion yen and basic EPS of 136.75 yen.Itochu plans to pay interim and year-end dividends of 22 yen per share each for the year, which is higher than the amount paid in the year-ago period on a post-share-split basis.

TYO:8001

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