Prashant Mehra

1 month ago | capitalbrief.com | Prashant Mehra

BriefingNothing to See Here10:24am on 26 May 2025The news: Westgold Resources and New Murchison Gold have brushed off speculation about a potential deal saying no takeover offer has been made. The numbers: The response comes after media reports that the ASX and TSX-listed Westgold was reportedly in takeover discussions with two companies in the Murchison region, including New Murchison Gold. Westgold shares are up 1.4% to $2.90 in early trading on the ASX.

1 month ago | capitalbrief.com | Prashant Mehra

Skip to content9:45am on 26 May 2025The news: Gold miner Genesis Minerals has agreed to buy the Laverton gold project in Western Australia from Focus Minerals, consolidating its holdings in the area. The numbers: The miner will pay an upfront cash consideration of $250 million for Laverton, with the acquisition to be funded from existing cash and an upsized corporate debt facility. The deal is expected to be completed in early June.

1 month ago | capitalbrief.com | Prashant Mehra

8:52am on 26 May 2025The news: Australia’s top energy retailer and gas producer Origin Energy has narrowed full-year earnings guidance for its main energy markets business amid favourable conditions. The numbers: The company now expects underlying earnings at the energy markets business to be in the range of $1.3 billion to $1.4 billion, up from its previous estimate of $1.1 billion to $1.4 billion.

1 month ago | capitalbrief.com | Prashant Mehra

The news: The Australian sharemarket is set to open lower, tracking losses on Wall Street on Friday, amid renewed market uncertainty after US President Donald Trump recommended 50% tariffs on European goods.

1 month ago | capitalbrief.com | Prashant Mehra

Skip to content11:14am on 23 May 2025The news: Shares in Fortescue Metals have slipped after the iron ore mining giant announced another revamp of its top leadership that will see two senior executives step down. The numbers: Fortescue shares are down 1.7% to $15.62 in early trading on the ASX. The context: The company announced late on Thursday that Mark Hutchinson will retire as CEO Energy, and move to a global marketing role and senior board advisor for the next year.