Latest Federal Court News

Energy Fuels’ acquisition of Australian Strategic Materials (ASM) has officially closed following Federal Court approval, triggering suspension of ASM trading and setting the stage for shareholder payments and new listings.

Solvar Limited posted a 6.2% decline in statutory net profit for FY26 to $29.5 million, while normalised earnings rose 7.5%. The lender declared a 19.5 cents fully franked dividend and expanded its Australian loan book by 10.5%, driven by growth in commercial lending.

Santos Limited's half-year results show a 19% drop in net profit to US$355 million amid higher production and LNG ramp-up costs, while declaring an interim dividend of 11.6 US cents per share.

Kalgoorlie Gold Mining has inked an updated Heritage Protection Agreement with the Kakarra Aboriginal Corporation, covering all tenements and gold rights in Kakarra country. The move aims to safeguard indigenous heritage while accelerating exploration at the Pinjin and Bulong Taurus projects.

The Federal Court has approved the schemes for Energy Fuels to acquire Australian Strategic Materials, setting in motion a series of key dates including trading suspension and shareholder payments.

Sequoia Financial Group has scrapped its fully franked interim dividend for the half-year ended December 2025, citing ongoing Federal Court proceedings and related legal claims. The Board prioritises capital preservation and risk reduction as the company navigates complex litigation tied to its InterPrac subsidiary.

Australian Strategic Materials (ASM) held concurrent shareholder and optionholder meetings on 12 August 2026, approving the proposed acquisition by Energy Fuels Inc. The ASM Board unanimously recommends the schemes, supported by a positive Independent Expert opinion, with implementation expected by late August.

Dateline Resources faces a US court injunction halting operations at its Colosseum Project, while ASX suspends and then reinstates trading over disclosure timing concerns.

Domino’s Pizza Enterprises is appealing a Federal Court judgment ordering payment to the lead plaintiff in a class action, with wider financial exposure still unclear.

MLG Oz Limited has partnered with the Marlinyu Ghoorlie Aboriginal Corporation to create a joint venture delivering mining and civil services on traditional lands in Western Australia, aiming to blend operational expertise with Indigenous authority.

Dateline Resources confirms Colosseum as a high-margin gold project with strong BFS economics and pushes rare earth exploration at Music Valley with assays up to 7.1% TREO.

Morella Corporation has kicked off its maiden rubidium Mineral Resource Estimate at Mt Edon following a comprehensive drilling program and final assay results, while strengthening its balance sheet through a A$2.1 million capital raising.