Latest Australia News

Yowie Group’s latest quarters reveal falling revenues and shrinking cash reserves, even as new leadership and product launches aim to stabilise the confectionery maker’s turnaround.

Strata Minerals has broadened its Zelica Gold Project in Western Australia by acquiring two new tenements and launching a high-resolution aeromagnetic survey to sharpen drill targets and uncover new exploration opportunities.

Sinclair Gold continues to push the boundaries of its Mt Henry Gold Project in Western Australia, extending known mineralisation well below previous limits and setting the stage for a significant resource update later this year.

Papyrus Australia has tapped related party L39 Capital to lead a capital raise and secured an interest-bearing $200,000 loan from Irwin Biotech, with conversion into shares and options pending shareholder approval.

Magmatic Resources’ Phase 3 drilling at the Weebo Project in WA has revealed significant bedrock gold mineralisation across several prospects, including a standout 13.9 g/t intercept at Scone Stone, with further drilling planned for late 2026.

Amaero Inc. capped FY2026 with a record A$18.1 million revenue, expanded its production capacity, and landed a A$6.5 million US Department of War contract to develop alternative refractory alloy powders.

Pilbara Gold has reported significant new gold intersections below the current pit shell at its Mt York Project, suggesting potential for resource growth ahead of a prefeasibility study update.

Macallum New Energy completed key 3D and 2D seismic surveys in Western Australia’s Perth Basin, setting the stage for prospect maturation and potential drilling in 2027 while maintaining a strong cash position.

Moho Resources has uncovered two new shallow multi-lode gold systems at its Bush Chook Project, with 70% of drill holes hitting significant gold. A heritage agreement now opens 80% of the project for further exploration, with Phase Two drilling set for Q4 2026.

Lachlan Star’s maiden drilling at New Waverley confirms a high-grade Norseman-style gold system, prompting an expanded 4,000m drilling campaign to test a mineralised corridor with over 800m strike potential.

Cleanaway Waste Management appoints Nigel Simonsz as new CFO following Paul Binfield’s departure, while confirming FY26 underlying EBIT at around $470 million, mid-point of prior guidance.

Horizon Gold's Definitive Feasibility Study for the Gum Creek Project outlines a robust 10-year open pit mine plan with strong financial returns and production targets, setting the stage for a Final Investment Decision in mid-2027.