Latest Australian Government News

Black Canyon has spent the 2026 financial year moving Wandanya from discovery towards resource definition, backed by 17,200 metres of drilling and encouraging manganese beneficiation results. The exploration company ended the year with $7.77 million in cash and no debt, but remains reliant on future funding before any development decision can be made.

Gold Corporation, trading as The Perth Mint (ASX:GCB), reported a record $100.19 million profit before tax for 2025-26 and recommended its largest-ever dividend to the Western Australian Government. The result was powered by extraordinary precious-metals demand and prices, but the company’s own budget points to a much leaner year ahead.

FFI Holdings lifted underlying pre-tax profit 6.8% to $4.62 million in FY2026, while food manufacturing delivered stronger earnings and operating cash flow rebounded sharply. The ASX-listed group now plans a $5.1 million factory and warehouse development in Cockburn, funded from existing resources.

Platina Resources has reshaped itself around a 312 square kilometre gold portfolio in Western Australia’s Laverton district, backed by $8.61 million in cash. The FY2026 annual report shows stronger exploration momentum, but the company remains loss-making and dependent on turning targets into discoveries.

Western Mines Group has identified broad nickel sulphide mineralisation across six holes on the western margin of Mulga Tank, including a shallow 13m zone grading 0.41% nickel. The results also support a geological model that could guide follow-up drilling towards richer zones, ahead of a government-backed seismic survey.

WA1 Resources has ended FY26 with a larger, higher-confidence Luni niobium resource, encouraging processing results and A$123.8 million in cash. The project now moves towards a targeted Q4 CY2026 Pre-Feasibility Study, with permitting, funding and commercial viability still ahead.

Evergold Minerals has reported a sharply smaller FY2026 loss and a stronger cash position after completing its shift from lithium to gold exploration. The company now has $4.0 million in cash and $4.8 million invested in Western Australian exploration assets, but remains dependent on drilling success and future funding.

Data#3 delivered another record year, lifting gross sales 12.7% to $3.4 billion and profit before tax 14% to $78.8 million. The result came with a higher dividend and stronger recurring sales, but weaker Services performance, lower margins and softer operating cash flow leave FY27 with a clear execution challenge.

Marquee Resources has received a $549,122 R&D tax refund, adding non-dilutive cash ahead of planned drilling at its Yindi Lithium and Gold Project in Western Australia. The filing improves near-term financial flexibility but does not disclose the company’s post-refund cash balance or drilling budget.

Solstice Minerals has extended copper-gold mineralisation beyond Nanadie’s current resource boundary, while downhole electromagnetic surveying has identified a 140m by 140m conductor scheduled for immediate drilling. The results add momentum to a three-rig campaign, but the resource itself remains unchanged.

Bass Oil has put a 1,280-barrel-per-day Bunian 6 test and planned Vanessa gas sales at the centre of its next growth phase. The company is also promoting Kiwi as a larger, longer-dated development opportunity, although much of the upside remains subject to testing, funding and execution.

Ceretas has completed the third milestone of its government-backed CUREator+ program, unlocking a final $692,578 non-dilutive funding tranche. The work delivered functional prototypes of proprietary neuronavigation software and a lift assist device intended to simplify operation of its next-generation Alzheimer’s ultrasound system.