Latest Market News

Northern Star Resources has met its revised FY26 gold sales guidance with a strong June quarter performance and remains on track with the KCGM mill expansion. The company also announced the appointment of Suresh Vadnagra as its next CEO, effective October 2026.

Alcoa Corporation has agreed to acquire South32’s bauxite, alumina, and aluminum assets for $4.1 billion upfront plus up to $750 million contingent, significantly boosting its upstream aluminum operations and supply chain resilience.

Australian Silica Quartz Group (ASQ) has finalized its acquisition of Australian Kaolin, gaining control of the White Swan Kaolin Project with a 47Mt inferred resource and an approved mining plan. The company raised $750,000 to advance development and is targeting export markets in Asia.

GenusPlus Group has finalized its acquisition of MPC Kinetic, marking a significant diversification into the Queensland gas sector and renewable infrastructure services. The deal was funded through a combination of cash reserves, debt facilities, and a recent $200 million equity raise.

Neometals Ltd reveals ongoing delays in receiving A$5 million from Omaha Value Holdings for its Tranche 2 placement, with subscription funds now expected in multiple instalments. The company maintains its cash preservation measures amid uncertainty over final settlement timing.

Korab Resources has pushed back the shareholder approval and settlement deadlines for its $4.35 million sale of the Geolsec mineral lease amid pending ASX clearance. The mineral lease, part of the Rum Jungle Project, remains a non-core asset for the company.

Bowen Coking Coal's entire shareholding and options have been transferred to Argo Bowen 2 following a court-approved Deed of Company Arrangement, marking a key step in the company’s restructuring.

Pan African Resources has completed its acquisition of Emmerson Resources through a Court-approved scheme, with Emmerson shares now transferred and shareholders issued Pan African CDIs. Emmerson will be delisted from the ASX on 2 July 2026.

Kapstream Investment Trust completed a 5% off-market buyback and projects FY 2027 distributions around RBA Cash + 3.50%, supported by a rising yield to maturity.

Aeris Resources has completed its acquisition of Peel Mining through a scheme of arrangement, issuing new shares to Peel shareholders and setting the stage for an expanded Tritton copper operation.

Multistack International has finalised the sale of nearly all its assets and shares in its Australian subsidiary to Willing Y Limited, marking a pivotal step in its strategic overhaul.

Imugene reports a second complete response in its Phase 1b trial of azer-cel combined with BTK inhibitors, including the first patient with Mantle Cell Lymphoma who had failed prior BTKi therapy.