Latest Competition News

Magellan Financial Group is handing over management of its $5.3 billion global equities funds to Vinva, adopting a new systematic strategy and slashing fees to boost client value.

Regis Resources and Vault Minerals have agreed to merge, creating Australia's third-largest ASX-listed gold producer with over 700,000 ounces annual output and a diversified asset base.

Regis Resources Ltd (ASX:RRL) and Vault Minerals Ltd (ASX:VAU) have agreed to merge via a scheme of arrangement, forming a new senior gold producer with over 700,000 ounces annual production and a market cap near A$10.7 billion.

Dynamic Metals has confirmed gold mineralisation at around 300 metres depth at its Cognac West prospect, signalling potential for a vertically extensive system beneath previously shallow targets.

PMET Resources has cleared a major regulatory hurdle with federal acceptance of its Environmental and Social Impact Assessment for the Shaakichiuwaanaan lithium-tantalum-caesium project, while pushing forward updated feasibility studies and a critical power application.

Ampol Limited showcased resilience in 2025 with strong refining margins supported by government payments and robust retail growth, while awaiting ACCC approval for its EG Australia acquisition promising significant synergies.

Lefroy Exploration has revised its Mt Martin gold resource estimate to 460,000 ounces at 1.6 g/t, marking a 5% increase driven by economic reclassification and deeper inferred resources. The company is advancing a 4,000m drilling program targeting high-grade extensions, with a scoping study set for the June quarter.

Green Technology Metals (ASX: GT1) has initiated a fully underwritten $4 million entitlement offer to fund the next phase of its Seymour Lithium Project, alongside a $7 million placement subject to shareholder approval.

Metal Hawk has obtained $175,000 in government co-funding to advance diamond drilling at its Leinster South Project, focusing on a structurally significant gold target.

Westpac Banking Corporation posted a statutory net profit of AUD 3.414 billion for the half year ended March 2026, marking a 3% increase on the prior corresponding period despite a 5% decline from the previous half. The bank maintained a strong capital position and declared a fully franked interim dividend of 77 cents per share.

Sigma Healthcare reports robust growth in Chemist Warehouse sales across Australia and internationally, announces a joint venture to enter the UK market, and secures a major distribution centre lease in New Zealand to support its expanding network.

Vmoto Limited has inked a worldwide partnership with MotoGP Sports Entertainment Group to produce and distribute three MotoGP-branded electric scooter models, aiming to boost brand visibility and sales through 2030.