The Whitehaven Coal Ltd (ASX: WHC) share price is charging higher today.

Shares in the S&P/ASX 200 Index (ASX: XJO) coal stock closed yesterday trading for $9.19. In morning trade on Thursday, shares are changing hands for $9.49, up 3.3%.

For some context, the ASX 200 is down 0.5% at this same time.

Today’s outperformance is par for the course this past year. The Whitehaven Coal share price is now up 56.7% over 12 months, smashing the 5.1% one-year returns delivered by the benchmark index.

And that doesn’t include the two fully-franked dividends the ASX 200 coal stock paid out over this time. At the current price, Whitehaven trades on a fully-franked trailing dividend yield of 1.6%.

Now, here’s what’s piquing investor interest.

Whitehaven Coal share price lifts off on production boost

Investors are tuning into the $7.8 billion ASX 200 coal stock today following the release of the miner’s December quarter update (Q2 FY 2026).

The Whitehaven Coal share price looks to be getting a boost with the miner reporting a 21% quarter-on-quarter increase in its managed run of mine (ROM) production to 11 million tonnes.

Pleasingly, costs came in at the lower end of guidance, with management reporting unit cost of production of $135 per tonne. And looking to the full 2026 financial year, the company says it remains on track to achieve $60 million to $80 million in yearly cost savings.

The three months also saw Whitehaven shave $100,000 off its net debt, which declined to $700,000 as at 31 December, with the company reporting liquidity of $1.5 billion.

The Whitehaven Coal share price has also gotten some support over the past months, with the miner forking out $45 million to buy back 6.3 million shares in the first half of FY 2026.

Looking ahead, the coal miner maintained its full-year FY 2026 coal production and costs guidance.

What did management say?

Commenting on the results helping to boost the Whitehaven Coal share price today, CEO Paul Flynn said, “We continue to experience strong demand for Whitehaven’s products, with 12.8Mt of equity coal sales for the first half including 7.0Mt for the quarter.”

Flynn added:

Metallurgical coal prices improved during the period, while thermal prices were steady on the previous quarter. Cost discipline remains a priority, and with a half year unit cost of A$135/t, we are tracking well within the guidance range of A$130-145/t.

Whitehaven noted it continues to progress with it key growth projects. Those include the Narrabri Stage 3 Extension and the company’s Winchester South metallurgical coal project.

The post Why is the Whitehaven Coal share price smashing the benchmark on Thursday? appeared first on The Motley Fool Australia.

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• Which ASX 200 coal share is this fundie buying more of?
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• Top broker just increased its price target on Whitehaven Coal shares
• 5 things to watch on the ASX 200 on Tuesday

Motley Fool contributor Bernd Struben 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.

The Capricorn Metals Ltd (ASX: CMM) share price is in focus after the company posted another strong quarter, delivering $200.5 million in gold sales and record operating cash flow of $122.4 million for the December 2025 quarter.

What did Capricorn Metals report?

• Gold production of 30,476 ounces for Q2 FY26, with a year-to-date total of 62,794 ounces.
• All-in sustaining cost (AISC) sustained at $1,627 per ounce for the quarter, in line with FY26 guidance of $1,530 to $1,630 per ounce.
• Record quarterly operating cash flow of $122.4 million, up from $106.9 million in Q1.
• Gold sales of 31,652 ounces achieved at an average price of $6,333 per ounce, generating $200.5 million in revenue.
• Cash and gold on hand rose to $457.4 million, including balances from the recent Warriedar Resources acquisition.
• Group Mineral Resource Estimate increased to 8.1 million ounces of gold.

What else do investors need to know?

Capricorn Metals successfully completed its acquisition of Warriedar Resources Limited during the quarter, consolidating a 788km² tenure package and bringing new projects like Golden Range and Fields Find into the fold. This transaction supports continued growth in resources and exploration potential across the portfolio.

On the development front, key approvals have been secured for the Karlawinda Expansion Project, with site works tracking to schedule and major infrastructure now in advanced stages. The Mt Gibson Gold Project also progressed, with environmental assessments underway and significant drilling results achieved, pointing to growth in both open-pit and underground resources.

What did Capricorn Metals management say?

Executive Chairman Mark Clark said:

Strong operational performance and prudent financial management have positioned Capricorn well to achieve the upper end of gold production guidance while supporting growth through our expansion projects.

What’s next for Capricorn Metals?

The company remains on track for the upper end of its FY26 gold production guidance, supported by consistent operational performance at Karlawinda. The parallel expansion project will boost processing capacity to 6.5 million tonnes per year, targeting annual production of around 150,000 ounces when commissioned.

Looking ahead, Capricorn will continue advancing expansion works and exploration activities across its key projects, aiming to unlock further value as new approvals, construction milestones, and exploration results are delivered into FY27.

Capricorn Metals share price snapshot

Over the past 12 months, Capricorn Metals shares have risen 114%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 5% over the same period.

View Original Announcement

The post Capricorn Metals reports record Q2 cash flow and resource growth appeared first on The Motley Fool Australia.

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• Ramelius Resources shares: December 2025 quarterly earnings highlights

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.

Brainchip Holdings Ltd (ASX: BRN) shares are under pressure on Thursday.

In morning trade, the struggling semiconductor company’s shares are down 3% to 16 cents.

This leaves them trading within a whisker of a multi-year low.

Why are Brainchip shares sinking?

Investors have been hitting the sell button again today after the company released yet another dismal quarterly update.

According to the release, the company recorded a cash inflow of just US$0.4 million for the three months ended 31 December.

That’s an average of approximately US$130,000 a month for a company that entered the commercialisation stage a few years ago and has a market capitalisation over $360 million.

Unsurprisingly given its tiny cash inflows, Brainchip continues to burn cash. It revealed payments to suppliers and employees of US$4.3 million for the three months. Though, one small positive was that this was lower than the prior quarter when it spent US$5.2 million.

At the end of the quarter, the company had a cash balance of US$31.7 million. This is up from US$13.9 million in the prior quarter due to the successful completion of a US$22.8 million fully underwritten institutional placement in November.

Management notes that this capital raising was done to support the commercialisation of the Akida neuromorphic technology platform and the development of next-generation edge AI products. Though, time will tell if these funds accomplish anything other than paying the salaries of its leaders.

What else did it announce?

Brainchip also provided the market with an update on what it has been working on during the quarter.

This includes a strategic partnership with Blue Ridge Envisioneering, which is a Parsons (NYSE: PSN) entity. It notes that BRE is a Virginia-based innovator delivering next-generation solutions to the defence and intelligence sectors.

The terms of the agreement include an initial order of 10,000 chips, supporting the deployment of edge-AI systems that maintain full performance without cloud connectivity. It said:

Parsons will integrate BrainChip’s Akida neuromorphic processors into its mission-ready platforms to enhance adaptive performance in constrained and dynamic defence environments. The agreed supply framework with Parsons includes committed volumes for manufacturing scale, continuity-of-supply provisions, and tiered pricing for high-volume deployment.

It also advised that it received an initial order for 1,200 AKD1500 chips from Nex Novus for use in its Neuromorphyx Neuro Blocks product. Management believes AKD1500 will accelerate an MCU supporting neuromorphic evaluation of multi-sensor data. And while it concedes that the order size is minor, it feels it represents further market demand for the AKD1500.

Time will tell if this leads to more orders, but I wouldn’t hold my breath.

The post Why are Brainchip shares sinking today? appeared first on The Motley Fool Australia.

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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.

The Qube Holdings Ltd (ASX: QUB) share price is in focus today after the company announced an extension to its exclusivity period with Macquarie Asset Management and confirmed continued progress towards a potential transaction.

What did Qube Holdings report?

• Extension of the Exclusivity Period with Macquarie Asset Management to 15 February 2026
• Macquarie’s view of Qube’s value in the proposal remains unchanged
• Process Deed originally entered into on 23 November 2025
• Potential transaction is well progressed but not yet binding
• No financial metrics were disclosed in this update

What else do investors need to know?

The extension allows both parties more time to complete due diligence, finalise transaction documentation, and obtain relevant approvals. Macquarie Asset Management confirmed it continues to work in good faith towards a potential deal and that its valuation of Qube remains the same as originally proposed.

Importantly, there is no certainty the current proposal will proceed to a binding offer for Qube shareholders to consider. Qube has committed to providing further updates as developments occur.

What’s next for Qube Holdings?

Investors can expect further updates as Qube proceeds through the remaining stages of the deal process. The focus will be on whether due diligence and approvals are completed and if a formal, binding offer emerges.

Until then, Qube shareholders are in a holding pattern while the potential Macquarie-led transaction is finalised or abandoned.

Qube Holdings share price snapshot

Over the past 12 months, Qube Holdings shares have risen 16%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 5% over the same period.

View Original Announcement

The post Qube Holdings updates investors on Macquarie Asset Management proposal appeared first on The Motley Fool Australia.

More reading

• Genesis Minerals posts record production, strong cash in December 2025 quarter
• Champion Iron posts record iron ore sales and profits in Q3 FY26
• Viva Energy shares: 4Q25 sales volumes rise, margins improve
• Capricorn Metals reports record Q2 cash flow and resource growth
• Ramelius Resources shares: December 2025 quarterly earnings highlights

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 positions in and has recommended Macquarie Group. The Motley Fool Australia has positions in and has recommended Macquarie Group. 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.

Many Aussies may be looking for a source of passive income, and I’m going to talk about three ASX dividend shares that I believe are solid picks today.

I’m expecting all three businesses I’m going to highlight to increase their payouts in 2026 and, hopefully, beyond.

On top of that, all three ASX dividend shares are likely to provide shareholders with a compelling dividend yield that’s better than savings in the bank.

Charter Hall Long WALE REIT (ASX: CLW)

The first business I want to highlight is a real estate investment trust (REIT) that owns a diversified portfolio of properties across a variety of sectors, including Bunnings properties, hotels, service stations, telecommunications exchanges, data centres, distribution centres, and more.

The business has built a portfolio that has long rental agreements with tenants. At June 2025, its weighted average lease expiry (WALE) was approximately nine years, giving investors pleasing rental security.

It’s benefiting from steady rental growth with either fixed annual increases or inflation-linked increases, which has helped it provide guidance that its distribution will increase to 25.5 cents per security in FY26. This would be a distribution yield of 6.4% at the time of writing.

MFF Capital Investments Ltd (ASX: MFF)

This business is best-known as a listed investment company (LIC) which invests in a high-quality portfolio of international stocks that are likely to deliver compounding profits for the foreseeable future.

MFF can translate the investment profits that it makes into a rising dividend thanks to the company’s structure and the ability of the board of directors to decide on the level of the passive income.

The ASX dividend share has been steadily increasing its regular dividend per share over the past several years, and the company expects to increase its biannual dividend to 10 cents per share, implying a grossed-up dividend yield of at least 5.9% for FY26, including franking credits, at the time of writing.

I believe the portfolio’s investment returns can continue to perform well thanks to numerous strong businesses, including compelling recent additions.

Coles Group Ltd (ASX: COL)

Food retailing is one of the most defensive industries on the ASX, in my opinion. Coles has an important role in Australian society, and it’s doing better than Woolworths Group Ltd (ASX: WOW) at growing sales thanks to its product offering.

Coles has invested significantly in new automated distribution centres and customer fulfilment centres, which should help improve its margins, efficiencies, product freshness, and e-commerce offering.

The completion of those assets should help the ASX dividend share’s earnings and cash flow, helping fund larger passive income in the coming years.

The projection on CommSec suggests the business could pay an annual dividend per share of 79 cents in FY26. That translates into a potential grossed-up dividend yield of 5.3% at the time of writing, including franking credits.

The post 3 top ASX dividend share buys for passive income in February appeared first on The Motley Fool Australia.

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Motley Fool contributor Tristan Harrison has positions in Mff Capital Investments. 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 positions in and has recommended Woolworths Group. The Motley Fool Australia has recommended Mff Capital Investments. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

Shares in Iluka Resources Ltd (ASX: ILU) have tumbled after the company announced it would recognise $565 million in impairment charges in its upcoming first-half results.

The mineral sands miner said in a statement to the ASX that the suspension of operations at its Cataby mine in Western Australia and changes to price expectations for some of its inventory had led to the decision to make two separate write-downs.

Shutdown impacting on value for ASX rare earths share

The company said it announced in September that it would suspend operations at the Cataby mine and the synthetic rutile kiln number two from the start of December.

Iluka added:

The suspension was enacted given subdued demand for mineral sands and their associated downstream products, particularly pigment. The persistence of these demand conditions has impacted price expectations in the nearer term. Iluka expects to record a non-cash impairment charge of about $350 million pre-tax in its FY25 Results, the majority of which relates to the Cataby mine, synthetic rutile kilns 1 and 2 and associated project study costs for the South West region of Western Australia.

In terms of the adjustments to inventory, Iluka said price expectations had led to changes to the net realisable value, “resulting in some product inventory items falling below their weighted average cost, leading to a reduction in inventory value of about $215 million pre-tax”.

This reduction is mainly related to ore at the Cataby site, Iluka said.

Iluka said it expected its underlying mineral sands EBITDA to be about $300 million, before the one-off charges were factored in.

Good news on development project for ASX rare earths share

Separately, Iluka announced an increase to the mineral resource at its WIM100 deposit in Western Victoria, which is currently the subject of a definitive feasibility study for the potential long-term supply of rare earths and zircon.

The company said:

The updated mineral resource estimate for WIM100 comprises a total of 540 million tonnes grading at 4.6% heavy minerals for 25 million tonnes of heavy minerals. Relative to the previous mineral resource estimate, there is a 19% increase in total reported heavy mineral tonnage; an 8% increase in the heavy mineral tonnage classified as measured; and a 53% increase in heavy mineral tonnage classified as indicated. This represents a significant increase in heavy mineral tonnage and improvement in the confidence level of the WIM100 mineral resource estimate.

The company said the mineral sands from WIM100 were an important potential future feedstock for the company’s Eneabba refinery in Western Australia, which is currently under construction.

The company added:

Upon commissioning in 2027, Eneabba will be one of the few rare earths refineries operating outside of China; a multi-decade infrastructure asset capable of processing a diverse range of feedstocks, from Australian and international projects, and producing both light and heavy separated rare earth oxides.   

Iluka shares were 9.4% lower at $5.85 in early trade.

The company was valued at $2.77 billion at the close of trade on Wednesday.

The post This mineral sands miner’s shares are falling sharply on write-down news appeared first on The Motley Fool Australia.

More reading

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• Here are the top 10 ASX 200 shares today

Motley Fool contributor Cameron England 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.

The Ramelius Resources Ltd (ASX: RMS) share price is in focus today after its December 2025 quarterly activities report, which revealed group gold production of 45,610 ounces at an all-in sustaining cost (AISC) of A$1,977 per ounce and operating cash flow of A$149.7 million.

What did Ramelius Resources report?

• Group gold production of 45,610 ounces for the quarter at an AISC of A$1,977/oz
• Operating cash flow of A$149.7 million and underlying free cash flow of A$54.7 million
• Gold sales of 45,531 ounces at an average price of A$5,175/oz, delivering revenue of A$235.6 million
• Year-end cash and gold balance of A$694.3 million (down from A$827.7 million last quarter)
• Final fully franked FY25 dividend of A$0.05/share paid in October, totalling A$95.7 million
• FY26 production and cost guidance maintained

What else do investors need to know?

Ramelius advanced its growth projects during the quarter. Development was underway at the Never Never underground and open pit mines, with ore stockpiled ahead of haulage and processing scheduled for March 2026.

The Mt Magnet plant upgrade is progressing, with engineering and site works underway and the execution team now established. Rebecca-Roe Gold Project also reached a milestone, receiving Board approval for investment, pending final environmental permits.

On the corporate front, Ramelius launched a $250 million share buyback program and increased its minimum dividend commitment to 2 cents per share per annum for FY26 and FY27. The company also finalised a key native title mining agreement for the Rebecca-Roe project.

What did Ramelius Resources management say?

Managing Director Mark Zeptner said:

Our strong operating cash flow this quarter allows us to continue investing in growth while maintaining returns to shareholders and a robust balance sheet.

What’s next for Ramelius Resources?

Looking ahead, management reaffirmed guidance for FY26 and signalled a continued focus on developing the Never Never mine, completing the Mt Magnet plant upgrade, and progressing the Rebecca-Roe Gold Project.

The company will also reduce forward gold sales to increase exposure to market prices, which could further benefit shareholders if gold prices remain elevated. Capital allocation will balance investment in operations, shareholder returns, and maintaining a strong financial position.

Ramelius Resources share price snapshot

Over the past 12 months, Ramelius Resources shares have risen 110%, strongly outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 5% over the same period.

View Original Announcement

The post Ramelius Resources shares: December 2025 quarterly earnings highlights appeared first on The Motley Fool Australia.

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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 Nickel Industries Ltd (ASX: NIC) share price is under the spotlight today after the company released its December 2025 quarterly report, highlighting US$37.3 million in adjusted EBITDA from operations and strong margins from its HPAL division, despite mining headwinds.

What did Nickel Industries report?

• Adjusted EBITDA from operations: US$37.3 million, down 57% from Q3
• RKEF division production: 31,561 tonnes nickel, up 1%; adjusted EBITDA of US$35.0 million, down 13%
• HPAL division (HNC) attributable EBITDA: US$17.2 million, up 32%; record margin of US$8,012/t Ni
• Mining operations adjusted EBITDA: –US$14.9 million, hit by a delayed RKAB extension
• Cash and cash equivalents as at 31 December: US$361.1 million
• No lost time injuries reported in the quarter; TRIFR of 0.68

What else do investors need to know?

Nickel Industries’ mining segment was impacted by a late government approval for its mining plan (RKAB), which delayed ore sales until mid-December and led to higher operating costs for the quarter. However, operations rebounded strongly in the final weeks and are on track for over 1.4 million wet metric tonnes (wmt) of ore sales in January.

On the corporate front, the company secured Sphere Corp – a SpaceX supplier – as a 10% strategic partner in its Excelsior Nickel Cobalt HPAL project (ENC), marking the first long-term offtake agreement for ENC nickel cathode into Western aerospace markets. During the quarter, Nickel Industries also made progress commissioning its ENC HPAL project, with full production targeted towards the end of the March quarter.

What did Nickel Industries management say?

Managing Director Justin Werner said:

Whilst the quarter was impacted by a delay in the issuance of an extended RKAB for 2025, the Company was able to ramp up mine operations quickly once an extended RKAB was secured and is on track to sell approximately 1.4 million wmt of ore in January. Approval of the revised AMDAL during the quarter to support an increased RKAB of 19 million wmt for 2026 was a major milestone, and the Company remains confident of securing its increased RKAB imminently. Pleasingly, our HNC operations recorded their strongest margin of $8,012/t, which bodes very well for the commissioning of ENC, which is targeted to commence towards the end of the March quarter. … Finally, with both LME and NPI prices off to a strong start in 2026, the imminent commissioning of ENC and increase in ore sales should set the Company up for a strong 2026.

What’s next for Nickel Industries?

Investors can watch for the full commissioning and ramp-up of the large-scale ENC HPAL project, which is set to lift production and diversify market exposure. The company is focused on securing a higher 2026 mining quota and boosting ore sales volumes.

Nickel Industries continues prioritising sustainability and safety, including delivering Indonesia’s largest solar project to supply renewable energy for the ENC HPAL plant. These initiatives aim to strengthen its reputation as a low-carbon nickel producer with recognised ESG credentials.

Nickel Industries share price snapshot

Over the past 12 months, Nickel Industries shares have risen 18%, outperforming the S&P/ASX 200 Index (ASX: XJO) which has risen 5% over the same period.

View Original Announcement

The post Nickel Industries December 2025 quarter: Strong HPAL margins, mining rebounds appeared first on The Motley Fool Australia.

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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.

Two S&P/ASX 200 Index (ASX: XJO) gold stocks are grabbing headline news today following the release their December quarterly results.

Ramelius Resources Ltd (ASX: RMS) shares are up 1.0% in early morning trade on Thursday, trading for $5.05 apiece.

And Perseus Mining Ltd (ASX: PRU) shares are up 0.1%, changing hands for $6.45 each.

For some context, the ASX 200 is down 0.3% at this same time.

Both miners will be enjoying some added tailwinds from the big overnight leap in the gold price. Gold has surged 4.6% since this time yesterday, currently trading for US$5,417 per ounce. That sees the gold price up 96% over 12 months.

Here’s what else is catching investor interest.

ASX 200 gold stock edging higher despite production decline

Perseus Mining shares are in the green despite the miner reporting an 11% quarter on quarter decline in gold production to 88,888 ounces over the three months to 31 December. That decline was partly driven by “operational headwinds” at Perseus’ flagship Yaoure gold mine.

Costs ramped up over the quarter, with the ASX 200 gold stock reporting an all-in site cost (AISC) of US$1,800 per ounce, up 18.8% from the prior quarter.

And with bullion prices surging, Perseus reported an average realised gold price of US$3,437 per ounce, up 11.8% from the September quarter.

As at 31 December, the miner had a cash and bullion balance of US$755 million.

Looking ahead, Perseus CEO Craig Jones said, “We remain well placed to deliver on our FY26 production targets and continue investing in the future of Perseus.”

The ASX 200 gold stock is forecasting FY 2026 gold production in the range of 400,000 ounces to 440,000 ounces. On the cost front, management expects AISC to be in the range of US$1,600 to US$1,760 per ounce.

Which brings us to…

Ramelius Resources shares jump as FY26 guidance maintained

Ramelius Resources shares are lifting after the miner reported quarterly gold production of 45,610 ounces.

This was down from 55,013 ounces of gold in the September quarter. However, the decline looks to have been largely priced in by the market already.

The ASX 200 gold stock noted:

Lower production was the result of lower grades which was in line with plan expectations and as advised in the September 2025 Quarterly Report. The decline in grade was primarily due to lower grades mined from Cue during the Quarter.

Ramelius also saw un uptick in costs, reporting an AISC of AU$1,977 per ounce, up from AU$1,836 per ounce the prior quarter.

The miner sold 45,531 ounces of gold over the three months, at an average realised price of AU$5,175 per ounce.

As at 31 December, the ASX 200 gold stock held cash and gold of AU$694 million, down 16% quarter on quarter.

Ramelius Resources maintained its full year FY 2026 production and cost guidance.

The post 2 ASX 200 gold stocks making moves on big news today appeared first on The Motley Fool Australia.

More reading

• Ramelius Resources shares: December 2025 quarterly earnings highlights
• Perseus Mining posts quarterly gold output and solid cash, progresses key projects
• ASX All Ords shares smashing 52-week highs today
• 5 things to watch on the ASX 200 on Tuesday
• Here are the top 10 ASX 200 shares today

Motley Fool contributor Bernd Struben 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.

The Mesoblast Ltd (ASX: MSB) share price is in focus after the company reported net revenues of US$30 million for the December 2025 quarter, up 60% from the prior period, on the back of strong Ryoncil® sales and new financing arrangements.

What did Mesoblast report?

• Ryoncil® gross sales reached US$35 million, a 60% lift quarter-on-quarter
• Net revenues for the quarter totalled US$30 million
• US$130 million in cash on hand at 31 December 2025
• Net operating cash outflow of US$16 million for the quarter
• Secured a US$125 million non-dilutive credit facility at 8% interest, with an unsecured US$75 million tranche drawn
• No interim dividend declared

What else do investors need to know?

Mesoblast enhanced its financial flexibility this quarter, drawing US$75 million from a new lower-cost debt facility. This replaces more expensive loans and gives the company greater room to fund strategic partnerships as well as potential product expansion.

Clinically, Mesoblast provided positive updates on Ryoncil®’s use in paediatric patients with steroid-refractory acute graft-versus-host disease (SR-aGvHD), as well as progress in extending Ryoncil®’s label to treat adults—an addressable market about three times larger. The company also received constructive feedback from the US FDA regarding its chronic low back pain therapy, with pivotal Phase 3 studies close to completing enrolment.

What did Mesoblast management say?

Mesoblast Chief Executive Dr. Silviu Itescu said:

This quarter was highlighted by continued strong Ryoncil® sales and the establishment of a new lower-cost non-dilutive financing facility both of which enable greater flexibility for strategic partnerships and pursuit of label expansion for Ryoncil®.

What’s next for Mesoblast?

Looking ahead, Mesoblast expects net cash outflows to decline, driven by stable or growing product revenues and tight cost controls. The company aims to complete the pivotal trial for Ryoncil® in adults and finish key patient enrolment in its chronic low back pain program during the next quarter.

Management also flagged its plans to pursue new regulatory submissions and further manufacturing scale-up, as it seeks to establish additional cell therapies for inflammatory conditions. Strategic partnerships and global commercial expansion remain key sections of Mesoblast’s long-term roadmap.

Mesoblast share price snapshot

Over the past 12 months, Mesoblast shares have declined 12%, trailing the S&P/ASX 200 Index (ASX: XJO) which has risen 6% over the same period.

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The post Mesoblast posts revenue jump and new funding: Key takeaways for investors appeared first on The Motley Fool Australia.

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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.