Pengana Private Equity Trust (ASX: PE1) said a post-listing rise in its largest holding, SpaceX, lifted the trust’s net asset value (NAV) by about 18% from late May, or roughly AU$79 million. SpaceX shares, priced at US$135 in the IPO, traded as high as US$225.64 and were last quoted at US$185. The move reflects a fund-level valuation reset and does not directly affect the Nasdaq index because SpaceX is not listed on Nasdaq; “NASDAQ: SPCX” in the article is a fictional ticker.

Regis Resources said work on an alternative tailings strategy at its McPhillamys Gold Project supports filtered tailings co-disposed within the mine waste dump, allowing the company to reinstate 1.89Moz of reserves and outline a post-tax IRR of 21.8% at a A$4,000 per ounce gold price. St Barbara said its Initial Project Description for the 15Mile Processing Hub Project has passed the conformity review stage, moving the project into the formal planning phase. Despite the updates, Regis shares fell 3% and St Barbara shares dropped 4% on the day, with gold-price weakness outweighing the company news.

Turaco Gold (ASX: TCG) has released a prefeasibility study for its Afema Gold Project in southeast Côte d'Ivoire, outlining a maiden JORC ore reserve of 1.91 million ounces and annual production of more than 200,000 ounces over a 10.3-year mine life. At a gold price of about US$4,193 per ounce, the company estimates gross revenue of US$8.095 billion. Macquarie set a A$1.00 price target versus the current 54.5 cents, implying 83.5% upside.

Bell Potter says continued central bank gold buying provides a price-insensitive tailwind for the metal, according to the broker. It also expects the Iran conflict to move toward de-escalation, which it believes would support gold prices. The article lists seven ASX-listed gold stocks with buy ratings and price targets, without providing specific financial figures or new exploration updates.

Beacon Minerals (ASX: BCN) said it will return about $30.4 million to shareholders through a 10centpershare, fullyfranked special dividend and an in-specie distribution of Forrestania Resources (ASX: FRS) shares. The company was valued at $257.5 million at the close of trade on Wednesday, putting the package at roughly 11.8% of its market value. Beacon has pushed its exdividend date to Monday, 13 July, allowing option holders to exercise and enabling new shareholders to participate. Forrestania is also pursuing a scrip takeover of Zenith Minerals (ASX: ZNC) that has been unanimously recommended by Zenith’s board.

SpaceX shares rose from US$135 at issuance to US$201.80 after four trading sessions, up nearly 20%. Australian investors cannot buy SpaceX directly on the ASX, but the rally has renewed attention on space-economy exposures. Betashares RCKT ETF could see a near-term sentiment boost given its portfolio of global space companies and the prospect it may add SpaceX. Electro Optic Systems (EOS) may benefit as it supplies laser tracking and communications equipment tied to expectations for a larger Starlink constellation.

AIC Mines released drilling results from the Jolly shoot at its Jericho copper deposit in Northwest Queensland, reporting high-grade copper alongside gold and silver. Nickel Industries issued an operational update, saying adjusted EBITDA from operations in April and May was approximately US$80 million. The company also said it expects to receive approximately US$70 million in distributions by early July. Both announcements added support to the near-term supply and earnings narrative for their copper and nickel assets.

Nickel Industries (ASX: NIC) said it generated US$80 million in adjusted EBITDA across April and May 2026, with May alone contributing US$51 million after a rebound. The company expects to receive about US$70 million from an RKEF working-capital distribution by early July, alongside a US$15 million option-fee refund. At its Excelsior HPAL project, it expects first MHP output by mid-July and first nickel cathode production by mid-August.

L1 Group Ltd (ASX: L1G) has risen 108% over the past 12 months, compared with a 47% increase in Nvidia’s shares over the same period. The move has been tied to L1’s acquisition and merger with Platinum Asset Management and the launch of the L1 Gold Fund (ASX: LGF), which raised $950 million. The article also cites forecasts that put L1G on a sub-20x FY27 P/E, with FY27 profit projected to rise about 25% year-on-year.