Daily Roundup

NST.ASX AI1.ASX JDO.ASX MTM.ASX VEQ.ASX

Operational Update from Northern Star Resources

Northern Star Resources has provided an update on its December 2025 quarter, revising its annual production guidance downwards due to a number of isolated challenges across its operations. Total gold sales for the quarter came in at around 348,000 ounces, bringing the first-half total to 729,000 ounces.

The company now expects annual production of 1,600,000 to 1,700,000 ounces, down from the previous guidance of 1,700,000 to 1,850,000 ounces. In addition to previously disclosed issues at the Jundee and South Kalgoorlie sites, the quarter was further impacted by unplanned maintenance and operational hurdles. Lower gold sales at each of the three production centres are set to affect Northern Star's cost performance as well.

At the Kalgoorlie Production Centre, December sales totaled around 203,000 ounces, with reduced throughput at KCGM due to a primary crusher failure. The Yandal Production Centre saw December sales of 91,000 ounces, reflecting weaker results at both Jundee and Thunderbox. And at Pogo, gold sales of 53,000 ounces were affected by lower mined grades from underground mining dilution.

Northern Star will provide full cost details and revised annual guidance as part of its quarterly results release on January 22nd, 2026.

Trading Halts for Adisyn and MTM Critical Metals

Adisyn Ltd has requested a trading halt of its shares pending an announcement regarding the progress of its research and development program focused on low-temperature material deposition using Atomic Layer Deposition (ALD) technology. The halt will remain in place until the earlier of the market open on January 6th or the release of the announcement.

Separately, MTM Critical Metals Ltd has also requested an immediate trading halt of its securities. This halt is pending an announcement concerning a material feedstock supply agreement and will last until the earlier of the announcement and market open on January 6th.

Both companies stated they are not aware of any reasons why the trading halts should not be granted.

Judo Bank Provides Loan Book Update

Judo Capital Holdings Ltd has shared an update on its loan book as of December 31st, 2025. The company's unaudited closing balance for gross loans and advances (GLAs) stood at approximately $13.4 billion.

Judo remains on track to achieve its existing FY26 guidance for GLAs of $14.2 billion to $14.7 billion. The company also expects to demonstrate significant operating leverage this fiscal year, reaffirming its Profit Before Tax guidance of $180 million to $190 million, up from $125.6 million in FY25.

Judo will report its full first-half results on February 17th, 2026.

Vanguard ETFs Announce Estimated Distributions

Vanguard Investments Australia has released the estimated distribution amounts and timetable for various Vanguard Exchange Traded Funds (ETFs) listed on the ASX. The announcement covers 15 different ETFs, with estimated distributions ranging from 22.7037 cents per unit to 132.8790 cents per unit.

The ex-distribution date is January 2nd, 2026, the record date is January 5th, and the payment date is January 19th. Vanguard also provided details on the availability of the Distribution Reinvestment Plan (DRP) for these ETFs, with any DRP elections needing to be made by 5pm on the record date.