Latest Asx Trading News

Group 6 Metals set a new quarterly record processing 77,953 tonnes at its Dolphin Tungsten Mine, producing 21,297 MTUs of tungsten concentrate despite lower feed grades. The company strengthened its cash position to $49.5 million and commenced underground mining, aiming to improve grades and recovery in coming quarters.

Energy Resources of Australia faces extended uncertainty as Zentree Investments lodges an appeal against Rio Tinto’s compulsory acquisition, prolonging ERA’s delisting and share suspension.

Qoria Limited’s acquisition by Aura Consolidated Group has become legally effective following Federal Court approval, with Qoria shares suspended and Aura CHESS Depositary Interests set for issuance in mid-July.

Global X Management (AUS) Limited is trimming the management fee for its Australia 300 ETF (ASX: A300) by 25%, effective 1 July 2026, reflecting a subtle but meaningful cost saving for investors.

Pengana Capital Group has successfully closed the $267 million initial public offering for its AI Private Opportunities Trust, marking a significant expansion in its fund management portfolio. The new trust is set to begin trading on the ASX on 2 July 2026.

SDI Limited’s acquisition by Beijing Guoci subsidiary is now effective following New South Wales Supreme Court approval, with the ASX suspension commencing and cash payout scheduled for early July.

Lotus Resources has halted production at its Kayelekera uranium mine due to acid supply interruptions linked to Middle East geopolitics and acid plant issues, while advancing export permits and pursuing new funding arrangements.

The Supreme Court of Western Australia has approved the scheme of arrangement enabling Pan African Resources to acquire Emmerson Resources, with the deal set to become effective on 22 June 2026 and Emmerson shares suspended from ASX trading.

BOA Resources Ltd has voluntarily suspended trading of its shares on the ASX pending a potential acquisition announcement, with the suspension expected to last up to five trading days.

Nova Minerals Corp. (ASX: NVA) has had its trading suspension lifted as of 18 June 2026, following the implementation of shareholder and warrant holder schemes of arrangement.

Spenda Limited has launched the retail component of its $8.545 million accelerated entitlement offer, aiming to recapitalise, reduce debt, and support product development. Eligible shareholders can subscribe for 7 new shares per existing share, with free attaching options exercisable until 2031.

Emmerson Resources shareholders have overwhelmingly approved Pan African Resources’ takeover scheme, clearing a key hurdle ahead of court approval and scheme implementation slated for July.