1 October we become SureStone CapitalSame team, same ABN. Our website and email addresses move to surestone.com.au.
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Newmont (ASX: NEM) has lowered its capital cost guidance for the calendar year 2025, saying it is beginning to see the effects of its cost savings initiatives. The gold miner still notes that cost savings and favourable macro-economic conditions are being offset by higher royalties and production taxes...Over the third quarter of this calendar year, Newmont's adjusted earnings went up to $2.3 billion, and it has reaffirmed its production guidance of 5.9 million ounces of gold over 2025.
Meanwhile PLS (ASX: PLS) has reaffirmed its FY26 production guidance. Over the September quarter, the lithium miner's production rose 2% from the previous quarter... to close to 225 thousand metric tonnes and revenue increased by 30% to $251 million. Unit operating costs came in around 12% lower quarter on quarter.
And Whitehaven Coal (ASX: WHC) has reaffirmed its FY26 production, sales and capex guidance...The miner has seen a 3% improvement in coal sales quarter on quarter, digging into its stocks as production came in lower. Despite lower production due to weather events, Whitehaven says it's off to a "solid start" of FY26, with cost savings and productivity improvement programs on track to deliver 60 to $80 million over this Financial Year.
Buy now pay later firm Zip (ASX: ZIP) has signed a deal with Stripe in the US. Stripe is a programmable financial services business. Zip is now available through Stripe's optimised checkout interfaces including Elements, Checkout and Payment Links. The agreement means that US merchants can use Zip for payments directly from their Stripe Dashboard with no code setup.
GPT (ASX: GPT) has purchased a stake in Sydney office tower Grosvenor Place from the Commonwealth Superannuation Corporation in a deal valued at $860 million. Following completion, GPT and CSC will each hold a 50% interest in the landmark property. The acquisition is not expected to materially affect GPT’s 2025 earnings and will be initially funded through existing borrowing capacity.
Corporate Travel (ASX: CTD) has seen a 6% increase in revenue over the first quarter of FY26... and a nearly 30% jump in underlying earnings. However, the stock remains in a trading halt as the company says it is unable to release its full year accounts for 2025 for technical reasons. Corporate Travel says this is not affecting business operations.
And EVT (ASX: EVT) is holding its AGM today, with the group reporting a 21% increase in earnings for the first quarter of FY26. The Entertainment business saw a 53% improvement in earnings, thanks to international markets. On the hospitality front, Thredbo has benefited from better winter conditions compared to the previous year. EVT says its hotel segment saw a record result for the first quarter with earnings before tax of 24.3 million dollars.
And the ACCC has cleared the way for Cuscal (ASX: CCL) to acquire payment facilitation supplier Indue. The ACCC found the transaction is unlikely to substantially lessen competition. The regulator's review focused on how closely Cuscal and Indue compete in the supply of payment facilitation services, particularly to mutual bank customers and fintechs.
