Latest New South Wales News

Terra Critical Minerals has expanded across tungsten, tin and uranium in three mining jurisdictions, but its FY2026 accounts put the funding challenge front and centre. The ASX-listed explorer ended the year with $336,585 in cash and an auditor-flagged material uncertainty over its ability to continue as a going concern.

Civmec delivered double-digit earnings growth in FY26, with its new defence arm helping lift the order book to A$1.4 billion. The stronger profit came alongside a sharp working-capital squeeze that left operating cash flow negative after investment in growth.

Xpedra Resources has made Springfield the centrepiece of a sharp shift into New South Wales gold exploration, with drilling outlining broad mineralisation across 400 metres of strike and to at least 150 metres down-dip. The results came alongside a $7.53 million annual loss, $3.09 million in cash and a fresh 44 million-share acquisition of the Neeld Gold Project.

Locksley Resources has halted active field exploration across its Mojave antimony and rare earths project after antimony prices fell more than 57% from mid-2025 peaks. The strategic reset came as the company reported a widened FY26 loss of A$15.65 million and shifted attention to copper-gold assets in New South Wales.

Vantage Metals has reported high-grade silver-zinc-copper-gold intersections in Argentina, but the exploration win sits alongside a A$26.7 million impairment and a material uncertainty over its ability to continue as a going concern. The company ended June with A$2.5 million in cash and remains reliant on further funding.

Amara Minerals has warned of a material uncertainty over its ability to continue as a going concern after reporting an $8.79 million FY2026 loss and $2.08 million in cash. The company is advancing Victorian gold-antimony exploration, but further equity funding is required and a GST-related court dispute remains unresolved.

Lode Resources has reported a statutory profit of A$456,296 after establishing an 8.2Moz silver-equivalent resource at its Montezuma project in Tasmania. The explorer is now moving from discovery toward scoping studies, but remains reliant on further drilling, metallurgy and funding to demonstrate an economic development case.

Adavale Resources is presenting its 610-square-kilometre Parkes Gold Project as a belt-scale opportunity with 383,300 ounces of reported gold resources and existing processing infrastructure. The next test is whether metallurgical work, a scoping study and funding can turn that inventory into a credible development plan.

Yancoal Australia has secured NSW approval to continue mining at Hunter Valley Operations until the end of 2045, clearing a major regulatory hurdle after a six-year process. Federal environmental approval remains outstanding, with a deadline of 31 December 2026.

Lightning Minerals has more than doubled its annual loss after writing off $4.16 million of lithium exploration assets, while its auditor flagged material uncertainty over the company’s ability to continue as a going concern. The ASX-listed explorer is now concentrating its limited resources on Queensland and New South Wales gold and copper projects.

Novatti has reported a statutory profit and positive EBITDA for FY26 after cutting low-margin revenue and concentrating on Payments AU/NZ. The turnaround is substantial, but an auditor-flagged going-concern uncertainty, upcoming debt maturities and negative operating cash flow leave the recovery unfinished.

Australia United Mining has reported a $596,624 loss, $20,802 in cash and a material uncertainty over its ability to continue as a going concern. The company’s Forsayth project generated a modest production return, but operations remain dependent on further funding and related-party creditor support.