Latest Dolphin Mine News

Group 6 Metals has begun repaying A$11.5 million of debt ahead of schedule after cash rose to A$54.1 million at the end of September. The move strengthens the balance sheet, but repayment completion and the Dolphin mine’s ability to sustain cash generation remain key tests.

Group 6 Metals has posted a dramatic FY26 turnaround, with revenue reaching $129.0 million and net profit after tax rising to $148.2 million. The stronger balance sheet now faces its next test: converting stockpile-fed production and newly started underground mining into repeatable cash generation.

Group 6 Metals has reported a sharp FY2026 turnaround, backed by stronger tungsten sales, improved plant performance and A$55.7 million in operating cash flow. The result also carries substantial accounting benefits, while the next test is whether underground mining can make the improvement durable.

Group 6 Metals disclosed breaches of ASX Listing Rule 10.1 due to related party transactions made without required shareholder approval during a period of negative equity. The company will seek retrospective approval at a July meeting and has since returned to positive equity.

Larvotto Resources has identified a significant high-grade gold-antimony-tungsten mineralised system at Curry’s Block, with diamond drilling approved to test extensions. Tungsten’s critical mineral status and record prices add strategic weight to the project’s near-mine growth potential.

Group 6 Metals has delivered a standout quarter with record tungsten production and sales, significantly reducing debt while advancing underground mining plans at its Dolphin Mine.