Warrior Met Coal Keeps Quarterly Dividend at $0.08 per Share, Payable May 7 to Holders of Record May 1

Insurance Australia Group's IAG New Zealand Says Storm-Related Claims Surge 256%

Insurance Australia Group's (ASX:IAG) IAG New Zealand division said Tuesday it received 33,174 weather-related claims between autumn 2025 and summer 2026 as a result of 46 storms during the period.That represents a 256% increase in storm-related claims compared with the year-ago period, when the company recorded 9,324 claims from 29 storms in New Zealand, and translates into roughly one storm every eight days."Simply put, our data indicates that storms are arriving more often and with greater intensity," said Phil Gibson, CEO of IAG New Zealand's AMI, State and NZI insurance brands. He noted that a storm typically affected parts of the country once every 19 days over a 15-year timeline.The October 2025 windstorm in Southland generated 5,289 claims, the February 2026 storm in Wellington resulted in 3,354 claims, and the April 2025 ex‑tropical cyclone Tam in Auckland generated 3,281 claims, ranking as the the top three storms by claims volume over the past 12 months.

Magnetic Resources Advances Western Australia Project With Updated Mining Proposal

Magnetic Resources (ASX:MAU) lodged an updated mining proposal and mine closure plan for its wholly owned Lady Julie Gold Project in Western Australia's Eastern Goldfields with the Department of Mines, Petroleum and Exploration, following recent optimization work, according to a Tuesday Australian bourse filing.The revision consolidates tailings storage at Lady Julie North 4 within the waste rock dump and incorporates improved geotechnical and hydrogeological studies for pit stability and water management, along with additional technical assessments addressing flood mitigation, waste rock classification, and environmental impacts, per the filing.The company is continuing to respond to regulatory information requests following recent mining lease approvals and, with board support for the Genesis Scheme and no superior offer available, is recommending that shareholders vote in favor of the scheme, the filing added.

New Zealand's Annual Inflation at 3.1% in March, Above RBNZ's Target of 1% to 3%