Konrad Wysocki

Mineral Resources Limited’s CSI unit hits record 166Mt output, lifts mining services EBITDA to $488m

Mineral Resources Limited’s CSI unit hits record 166Mt output, lifts mining services EBITDA to $488m

Mineral Resources Ltd’s mining services division produced a record 166 million tonnes in H1 FY26, with EBITDA up 29% to $488 million. Subsidiary CSI Mining Services operated 28 crushing plants with annual installed capacity of 167 million tonnes. MinRes shares last traded at $55.85, up 0.25%. The company cited external contracts and the Onslow Iron ramp-up as key drivers.
March 5, 2026
DroneShield unlocks 1.3 million new shares as staff options vest — and selling may follow

DroneShield unlocks 1.3 million new shares as staff options vest — and selling may follow

DroneShield Limited has applied to list 1,335,000 new shares on the ASX after performance options were exercised, with no sale restrictions, according to a filing. The company expects some employees will sell. Shares rose 8.48% to A$3.64 in afternoon trade. The new stock adds to a steady flow of option conversions that investors monitor for dilution and insider selling.
March 5, 2026
Shareholders hit QBE Insurance Group Limited with fresh climate demands ahead of 2026 AGM

Shareholders hit QBE Insurance Group Limited with fresh climate demands ahead of 2026 AGM

QBE Insurance Group said shareholders have requisitioned three resolutions for its May 8 AGM, seeking more climate risk disclosure and a review of oil and gas underwriting governance. QBE also reported buying back 1.26 million shares for A$26.9 million on March 4. CEO Andrew Horton sold 133,031 shares to meet tax obligations. QBE posted a 2025 net profit after tax of US$2.16 billion and a final dividend of 78 Australian cents.
March 5, 2026
Qantas rolls out fee-free rebooking as Middle East airspace closure snarls Australia-Europe travel

Qantas rolls out fee-free rebooking as Middle East airspace closure snarls Australia-Europe travel

Qantas will offer fee-free changes, credits, or refunds for tickets on flights touching the UAE, Qatar, Israel, Jordan, or Oman between Feb. 28 and March 15. The airline is adding flights and refuelling stops to meet demand after U.S.-Israeli strikes on Iran disrupted regional airspace. Qantas shares rose 1% Thursday after some Emirates flights resumed, but most services remain cancelled. Oil prices above $83 a barrel are raising airline fuel costs.
March 5, 2026
Dollar back in favor as Iran war jolts energy prices and flips euro bets

Dollar back in favor as Iran war jolts energy prices and flips euro bets

Options traders pushed the euro to its weakest in over a year as Europe’s energy crisis deepened and the Iran war lifted oil prices. The dollar index touched its highest since November before easing 0.3% to 98.83 Wednesday, while the euro rose 0.2% to $1.1632. Funds cut short-dollar trades, and strategists warned of a potential funding squeeze if demand for dollars intensifies.
March 5, 2026
CBA dividend update: Commonwealth Bank says 13.5% will reinvest as March payout nears

CBA dividend update: Commonwealth Bank says 13.5% will reinvest as March payout nears

Commonwealth Bank of Australia said 13.5% of its ordinary shares will take the A$2.35 interim dividend via its dividend reinvestment plan, according to an ASX filing. The bank updated currency conversion rates for UK and New Zealand payments ahead of the March 30 payout. A separate notice showed CBA and controlled entities had voting or disposal power over 0.03% of shares as of March 3.
March 5, 2026
BHP Group Ltd says Queensland coal returns are zero, shuts Mackay FutureFit Academy

BHP Group Ltd says Queensland coal returns are zero, shuts Mackay FutureFit Academy

BHP’s Queensland coal joint venture reported zero return on capital for the half-year to December 31, 2025, citing high royalties and rising costs. The company will close its FutureFit Academy in Mackay and cut about 750 roles across Queensland. BHP flagged the Saraji South mine for temporary shutdown in fiscal Q2 2026. New coal projects in Australia face financing and permitting difficulties.
March 5, 2026
CSL buyback hits 4 million shares as Australian biotech keeps buying after profit shock

CSL buyback hits 4 million shares as Australian biotech keeps buying after profit shock

CSL repurchased 59,751 shares for A$8.57 million on March 4, bringing total buybacks to 4.03 million shares and A$739 million under its ongoing program. The company also issued 39,627 shares after employee performance rights were exercised. The buyback, capped at US$750 million, is scheduled to run through June 30. Shares will trade ex-dividend on March 10.
March 5, 2026
Select Medical (SEM) take-private deal: $16.50 cash offer, $3.9B value, and the financing behind it

Select Medical (SEM) take-private deal: $16.50 cash offer, $3.9B value, and the financing behind it

Select Medical agreed to be taken private for $16.50 per share in cash, valuing the company at $3.9 billion. The buyer group secured $880 million in equity and up to $1 billion in debt financing, SEC filings showed. The deal requires approval from non-insider shareholders and U.S. regulators, with a Dec. 1, 2026 outside date. Select operates hospitals and clinics in dozens of states.
March 4, 2026
Bradesco sets March 31 vote on Bradseg spin-off in Bradsaúde healthcare push

Bradesco sets March 31 vote on Bradseg spin-off in Bradsaúde healthcare push

Bradesco filed a distance voting ballot for a March 31 shareholders’ meeting to seek approval for a partial spin-off of Bradseg Participações. The move is part of a plan to transfer health assets into Odontoprev, which would become Bradsaúde. Bradesco’s New York-listed shares fell 6.6% after the filing. Shareholder approval and regulatory clearance are still required.
March 4, 2026
Vale speeds up Base Metals IPO prep as CEO targets mid-2026 readiness

Vale speeds up Base Metals IPO prep as CEO targets mid-2026 readiness

Vale Base Metals aims to be ready for a potential IPO by mid-2026, moving up its target from 2027, CEO Shaun Usmar said Tuesday. The unit has cut costs, accelerated projects, and recently agreed to sell most of its stake in Manitoba’s Thompson Nickel Belt mine. Vale completed a $2.5 billion sale of a 10% stake in the unit to Manara Minerals in 2024. Copper prices have surged 36% in the past year, outpacing nickel.
March 4, 2026
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