Stock Pick

  • Tivan launches drone magnetic survey at Timor-Leste copper-gold projects

    Two miners examine things they have taken out the ground.

    The Tivan Ltd (ASX: TVN) share price is in focus today after the company announced it has commenced a large-scale drone magnetic survey at its Turiscai and Baucau Projects in Timor-Leste. The survey covers 57 square kilometres and aims to sharpen priority drilling targets for copper and gold, building on previously reported high-grade copper and gold mineralisation from rock chip and stream sediment sampling.

    What did Tivan report?

    • Launched a large-scale drone magnetic survey over ~57 km2 at Turiscai and Baucau Projects.
    • The survey includes high-definition magnetic, LiDAR and photogrammetric data collection.
    • Previous assays at Turiscai returned up to 23.1% Cu and 7.19g/t Au, and at Baucau up to 0.76% Cu and 9.3g/t Au.
    • Survey work managed by PT Geologi Eksplorasi Indonesia with local Timor-Leste partners to encourage local participation.
    • The survey will help refine targets for planned drilling campaigns.

    What else do investors need to know?

    Tivan’s use of drone-based technology marks a step up from previous exploration by delivering improved spatial resolution in magnetic data. This will help better define geological structures and mineralisation zones under cover, particularly where regional datasets could not provide enough detail for drill targeting.

    The company has also entered a joint venture for the Baucau Project with state-owned Murak Rai Timor E.P., reinforcing local collaboration and laying the groundwork for longer-term development of Timor-Leste’s mineral sector.

    Following completion of the current magnetic survey, advanced data processing and geological modelling will focus on pinpointing high-priority targets for the next phase of on-ground exploration and eventual drilling.

    What did Tivan management say?

    Mr Grant Wilson, Executive Chairman, said:

    Today’s announcement marks a new phase of Tivan’s journey in Timor-Leste, moving beyond surface sampling and stream sediments, to the deployment of cutting-edge drone technology in this emerging and very special country.

    In taking this step, we aim to refine and specify multiple drilling targets, enabling Tivan to secure the relevant regulatory approvals in good time, so that we may commence maiden drilling at Baucau and Turiscai this year.

    This is an ambitious agenda.

    With the trust we have established locally, including with our joint venture partner, Murak Rai Timor EP, along with the dedication of our world-class team, we will deliver.

    What’s next for Tivan?

    Tivan aims to use the new high-resolution survey data to upgrade its geological models and better target high-grade mineralisation at Turiscai and Baucau. Once the data is processed and interpreted, the company plans to advance priority exploration sites to drill-ready status, pending regulatory approvals.

    The partnership with local and international geoscience teams demonstrates Tivan’s commitment to innovation and responsible resource development, with eyes set on maiden drilling within the current year.

    Tivan share price snapshot

    Over the past 12 months, Tivan shares have risen 130%, outperforming the All Ordinaries Index (ASX: XAO).

    View Original Announcement

    The post Tivan launches drone magnetic survey at Timor-Leste copper-gold projects appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Tivan Ltd right now?

    Before you buy Tivan Ltd shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Tivan Ltd wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    See the 5 Stocks

    * Returns as of 1 August 2026

    .custom-cta-button p {
    margin-bottom: 0 !important;
    }

    More reading

    Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

  • Atlas Arteria H1 2026 earnings: profit swings on one-offs, guidance held

    Many cars travel on a busy six lane road way with other cars in the background travelling in the opposite direction.

    Atlas Arteria Group (ASX: ALX) share price is in focus after the company posted a statutory net loss after tax of $73.3 million for the first half of 2026, mainly due to non-operating costs, while underlying net profit after tax rose to $94.3 million, up 29% on the prior period.

    What did Atlas Arteria report?

    • Statutory net loss after tax: $(73.3) million (H1 2025: $73.3 million profit)
    • Underlying net profit after tax: $94.3 million (up 29% from H1 2025)
    • Proportional toll revenue: $917.5 million (down 3.9%)
    • Proportional EBITDA: $702.6 million (down 3.6%)
    • Operating free cash flow per security: 19.1 cps (down 1.5%)
    • Interim distribution: 20.0 cps; full-year guidance reaffirmed at 40.0 cps

    What else do investors need to know?

    Atlas Arteria’s results were weighed down by one-off costs tied to settling the Chicago Skyway Ontario Teachers’ Pension Plan put option and costs related to the unsolicited takeover offer from IFM. Excluding these, the company’s operational results proved fairly resilient despite foreign exchange headwinds weighing on revenue and cash flow.

    IFM’s takeover saw its stake in Atlas Arteria lift from 34.5% to 67.4%. The board says it remains committed to its strategy and is now engaging closely with IFM to deliver value for all securityholders. The company also completed extinguishing the Chicago Skyway put option, funded by new corporate debt.

    Atlas Arteria reported progress on legislative reform in Virginia, where changes are set to streamline future rate cases for its Dulles Greenway business. There were also steady operational metrics across its European and North American assets.

    What did Atlas Arteria management say?

    Hugh Wehby, Chief Executive Officer, said:

    Our results for H1 2026 were affected by a number of non-operating costs, as well as unfavourable foreign exchange movements. Excluding these items, the underlying performance of our businesses was stable. The IFM Takeover Offer was significant for Atlas Arteria and our securityholders. As a result of the Takeover Offer, IFM’s relevant interest is now around 67%, and the Boards and management remain focused on delivering value for all securityholders.

    What’s next for Atlas Arteria?

    Atlas Arteria reaffirmed its 2026 full-year distribution guidance of 40.0 cps, with the interim distribution set at 20.0 cps for payment in October 2026. The group says it will continue to align distributions with free cash flow, paying out 90–110% of free cash flow on a full-year basis.

    Looking ahead, the company is focusing on optimising its global toll road portfolio, unlocking cash flow at the Dulles Greenway, and preparing for French concession retenders. Management will update 2027 distribution guidance with its February 2027 results.

    Atlas Arteria share price snapshot

    The Atlas Arteria share price has underperformed the S&P/ASX 200 index (ASX: XJO) over the past 12 months with a decline of almost 11%.

    View Original Announcement

    The post Atlas Arteria H1 2026 earnings: profit swings on one-offs, guidance held appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Atlas Arteria right now?

    Before you buy Atlas Arteria shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Atlas Arteria wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    See the 5 Stocks

    * Returns as of 1 August 2026

    .custom-cta-button p {
    margin-bottom: 0 !important;
    }

    More reading

    Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

  • Aurelia Metals: FY26 profit surges, dividend announced

    Gold bars on top of coins.

    The Aurelia Metals Ltd (ASX: AMI) share price is in focus after the company posted a 69% surge in net profit and declared a fully franked final dividend of 1.0 cent for FY26.

    What did Aurelia Metals report?

    • Total revenue jumped 40% to $480.2 million
    • EBITDA rose 55% to $189.2 million, with EBITDA margin up to 39.4%
    • Net profit after tax increased 69% to $82.7 million
    • Operating cash flow grew 10% to $142.8 million
    • No drawn debt at year-end, with cash balance at $143.9 million
    • Declared fully franked final dividend of 1.0 cent per share (approx. $17.2 million total distribution)

    What else do investors need to know?

    Aurelia Metals delivered higher gold and base metal production than the prior year, with group gold output at 50.4 thousand ounces, exceeding revised guidance. The company’s operating costs rose to $315.3 million, reflecting increased mining activity and the ramp-up at the Federation mine.

    Development of the Great Cobar project continues on schedule, targeting first ore in 2028. The Peak Plant Expansion is progressing as planned, recently commissioning a new tailings thickener and advancing the Tertiary Ball Mill project to boost processing capacity.

    Aurelia completed a major refinancing in June without drawing on any debt facilities, ensuring a robust financial position to support ongoing projects and the declared dividend.

    What did Aurelia Metals management say?

    Interim Chief Executive Officer Martin Cummings commented:

    FY26 was a year of strong operational and financial performance for Aurelia, with material increases in EBITDA, net profit after tax and operating cash flows. Gold production exceeded the revised guidance range and all other metals were produced within guidance. Along with strong metal prices, these results supported robust margins and cash generation. This performance has enabled the Board to declare a fully franked dividend of 1 cent per share

    Throughout the year, we continued to advance our growth strategy to lift mining rates and expand processing capacity. Development of Great Cobar remains on track for first production in FY28, while the Peak Plant Expansion projects continued with commissioning of the Tailings Thickener, and the continued progress of the Tertiary Ball Mill project. Together, these projects enable an increase in processing capacity from 800ktpa to 1.1 – 1.2Mtpa.

    Aurelia is well positioned to continue delivering strong production while advancing its pipeline of growth opportunities across the Cobar Basin, supported by our recently completed refinancing and strong balance sheet.

    What’s next for Aurelia Metals?

    For FY27, Aurelia is guiding for gold production between 50,000 and 60,000 ounces and expects higher output across copper, zinc, and lead. Group operating costs are anticipated to increase as production ramps up, but unit costs should fall as the plant expansion comes online.

    Medium-term, the company is focused on completing Great Cobar and the New Occidental Tailings Retreatment projects, which are expected to extend mine life and support stable production. Exploration spend is set to rise as new drilling platforms become available, particularly at Great Cobar.

    Aurelia Metals share price snapshot

    Over the past 12 months, Aurelia Metals shares have risen 89%, outperforming the All Ordinaries Index (ASX: XAO).

    View Original Announcement

    The post Aurelia Metals: FY26 profit surges, dividend announced appeared first on The Motley Fool Australia.

    Should you invest $1,000 in Aurelia Metals right now?

    Before you buy Aurelia Metals shares, consider this:

    Motley Fool investing expert Scott Phillips just revealed what he believes are the 5 best stocks for investors to buy right now… and Aurelia Metals wasn’t one of them.

    The online investing service he’s run for over a decade, Motley Fool Share Advisor, has provided thousands of paying members with stock picks that have doubled, tripled or even more.*

    And right now, Scott thinks there are 5 stocks that may be better buys…

    See the 5 Stocks

    * Returns as of 1 August 2026

    .custom-cta-button p {
    margin-bottom: 0 !important;
    }

    More reading

    Motley Fool contributor Laura Stewart has no position in any of the stocks mentioned. The Motley Fool Australia’s parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips. This article was prepared with the assistance of Large Language Model (LLM) tools for the initial summary of the company announcement. Any content assisted by AI is subject to our robust human-in-the-loop quality control framework, involving thorough review, substantial editing, and fact-checking by our experienced writers and editors holding appropriate credentials. The Motley Fool Australia stands behind the work of our editorial team and takes ultimate responsibility for the content published by The Motley Fool Australia.

The Latest