Latest New South Wales News

Alfabs Australia delivered an 11% revenue increase and improved free cash flow in FY26, progressing its debt restructuring and setting the stage for dividend reinstatement.

Desane Group Holdings posted a statutory net profit after tax of just $0.02 million for FY26, down sharply from $3.32 million the previous year, while advancing key property developments and maintaining a strong balance sheet.

Ingenia Communities Group has unveiled a $2.185 per share acquisition offer for Peet Limited, aiming to create Australia’s largest pure-play living sector platform with enhanced scale, diversification, and market presence.

Ingenia Communities Group proposes to acquire Peet Limited via a scheme of arrangement, forming a leading national living sector platform with a $1 billion land lease conversion opportunity and expected low double-digit EPS accretion.

Associate Global Partners (ASX:APL) reported a 20% rise in funds under management to $1.672 billion for FY2026, driven by strong inflows and new partnerships with Muzinich and ARK Invest.

Rapid Critical Metals has reported exceptional silver assay results from its Webbs Silver Project in NSW, including a standout 4m at 1,230 g/t AgEQ intercept and a significant 300m southern extension of mineralisation. The company is accelerating drilling with a third rig and advancing resource growth plans.

Xpedra Resources has unveiled its deepest drilling results at the Springfield Gold Deposit in NSW, confirming broad, continuous gold mineralisation over 400 metres of strike and extending the deposit's known depth.

Mastermyne Group Limited (ASX:MYE) delivered a robust FY26 with revenue up 13% to $237.7 million and underlying profit before tax surging 148% to $15.7 million, supported by contract wins and a record order book.

Adavale Resources has wrapped up its 85-hole drill program at London-Victoria with strong assay results confirming broad and high-grade gold mineralisation beyond the existing resource boundary. An updated Mineral Resource Estimate is expected in Q3 2026, setting the stage for a scoping study.

Cosmo Metals has initiated a systematic soil sampling campaign at its Plunkett & Cassidy antimony prospect within the extensive Antimony Gully Trend at Bingara, NSW, following rock chip assays up to 10.3% antimony. The program aims to delineate mineralised strike extensions and prioritise drill targets in a region hosting Larvotto Resources’ Hillgrove deposit.

CVC Limited posted a net profit after tax of $7.7 million for FY2026, underpinned by a $37.8 million profit from the Laverton sale and a $13.3 million impairment from the Liverpool project. The company paid a special dividend and restructured leadership amid ongoing capital management efforts.

Waratah Minerals has pushed the boundaries of its Consols Gold Zone in New South Wales, revealing a fresh shallow high-grade gold zone alongside substantial deeper mineralisation. Meanwhile, drilling at the Spur Project continues to expand the mineralised footprint northwards.