Latest Market Movements News

Zuleika Gold recommends shareholders accept CZR Resources’ off-market takeover offer, which values Zuleika’s mineral assets at a preferred $6.1 million. The independent expert deems the offer not fair but reasonable.

CZR Resources Ltd (ASX:CZR) has launched an all-scrip off-market takeover bid for Zuleika Gold Limited (ASX:ZAG), offering 0.1742 CZR shares per Zuleika share, valuing Zuleika at approximately $44.8 million and representing a premium of over 40% to recent prices.

Viridis Mining and Minerals Limited (ASX: VMM) has halted trading of its shares pending the release of its Definitive Feasibility Study results, with the suspension expected to last until 20 August 2026 or earlier if the announcement is made sooner.

Bell Financial Group surged to a $21.7 million half-year profit, more than doubling its net profit on stronger markets and the launch of its Bell Potter Private Wealth platform. The company also lifted its interim dividend by 67%, reflecting confidence in its diversified financial services model.

Hillgrove Resources has secured a new 12-month copper hedge covering 3,600 tonnes at a fixed price of A$20,046 per tonne, balancing fixed-cost protection with upside exposure.

American Tungsten & Antimony Ltd (ASX: AT4) affirmed the materiality of its US acquisition deal and detailed its adherence to ASX continuous disclosure rules following an ASX inquiry.

Perpetual Limited recorded solid growth across its divisions in Q4 FY26, with Corporate Trust and Asset Management buoyed by market gains despite net outflows. The company is advancing the sale of its Wealth Management arm to Bain Capital, targeting completion in late 2026.

EV Resources has secured sub-underwriting commitments covering the full $1 million underwritten portion of its $1.52 million rights issue, with key insiders stepping up to back the capital raise.

Regal Partners has reported a doubling of normalised NPAT to at least $90 million for 1H26, driven by record performance fees and strong net inflows. Funds under management climbed 6% to $21.4 billion, underpinned by robust demand across hedge funds and credit strategies.

Netwealth Group posts a record $135.7 billion in funds under administration for FY26, driven by strong net flows and platform enhancements despite short-term geopolitical jitters.

Dexus has secured a court date in October for the pivotal appeals in its ongoing APAC legal dispute, with multiple parties lodging cross-appeals and contentions following the May Supreme Court judgment.

Catalyst Metals has secured forward contracts for 30,000 ounces of gold at a fixed price of A$6,075 per ounce, covering about a quarter of its upcoming production and providing a buffer against price swings starting August 2026.