Latest New Zealand News

Metcash delivered $558 million of operating cash flow and 2.8% ex-tobacco sales growth in the first 18 weeks of FY27, but warned that cost inflation, adverse sales mix and tobacco changes will weigh on first-half earnings. The group also expects to spend a further $18 million to $20 million on its Horizon technology program.

Aureka Limited (ASX:AKA) has opened a share purchase plan targeting approximately $1.5 million at $0.12 per share, giving eligible Australian and New Zealand shareholders access to the same price as its recent placement. The funds are earmarked for production investment, working capital and exploration drilling.

La Trobe Private Credit Fund has confirmed a monthly cash distribution of 1.27 cents per unit, with payment due on 14 September. Unitholders can instead reinvest through a full DRP at an ex-distribution NTA price of $1.96 per unit.

Greenvale Energy is expanding the final phase of Alpha Test Program 7 after Technix failed to produce a compliant C-170 paving-grade binder. SAMI Bitumen Technologies will now test conventional bitumen blending and additive-based formulations, with results expected from a six to eight-week laboratory program.

Rua Gold has reported its highest-grade Auld Creek drilling results to date, including 0.6 metres at 136.2 g/t gold equivalent and 2.9 metres at 38.8 g/t gold equivalent. The company has completed 19,600 metres of resource drilling and is targeting an updated resource, approvals application and pre-feasibility study before year-end.

L1 Group has finalised the key terms of its 2 cent fully franked interim dividend, confirming a Dividend Reinvestment Plan price of $1.2326. New DRP shares will be issued on 23 September, while New Zealand holders will receive the dividend equivalent in NZD.

Regal Partners Global Investments has confirmed a DRP price of A$2.60635 for its 5.0-cent fully franked dividend. The update settles the reinvestment mechanics ahead of the A$0.05 cash payment due on 25 September.

Emyria has reported a sharp increase in FY26 revenue while expanding its psychedelic-assisted therapy network to five operational or announced clinics and 18 beds. Its first Sydney clinic is now fitted out and scheduled to begin treating patients in September, but utilisation and funding remain the next tests.

Regal Investment Fund has confirmed an actual unfranked distribution of 13.842156 cents per unit for the six months ended 30 June 2026. The full distribution is payable on 7 September, with reinvestment available at $3.603245 per unit for eligible Australian and New Zealand holders.

Manuka Resources has secured A$14.5 million through a placement to fund finishing its silver de-slime circuit and accelerate production at Wonawinta, targeting first gold sales by September and silver revenues from January 2027.

FBR Limited secures A$4 million through a discounted placement and share purchase plan to fund development and deployment of its DST-enabled robotics products, including Mantis welding and Hadrian bricklaying robots.

Port of Tauranga has gained fast-track approval for its Stella Passage development, a key infrastructure project aimed at boosting freight capacity and supply chain efficiency in New Zealand.