Latest New South Wales News

Australian Mines is poised to kick off a key drilling campaign at its Flemington Scandium Project, aiming to expand its already impressive resource and support plans to triple scandium production amid tightening supply.

Acusensus posted a 45% jump in FY26 revenue to $86.2 million, driven by major contract wins in New Zealand and the US, alongside robust domestic expansions. Despite a widened net loss due to a $16 million litigation settlement, adjusted EBITDA climbed 49%, reflecting operational momentum and strategic investments.

Aurelia Metals has appointed Steve Badenhorst as its new Managing Director and CEO, effective 6 October 2026, aiming to leverage his 35 years of global mining experience to drive operational performance and strategic growth.

Big River Industries (ASX:BRI) reversed a $14.8 million loss in FY25 to a $4.9 million profit in FY26, driven by margin expansion and the acquisition of Johns Building Supplies. The group targets double-digit EBITDA growth in FY27 amid mixed market conditions.

Novo Resources Corp bolsters its Australian gold and copper exploration pipeline with a maiden inferred resource at Belltopper and strategic gains at Egina following Northern Star’s JV exit.

S2 Resources is set to begin drilling at Warraweena in early October targeting gold and copper, while Loch Lilly prepares geophysical surveys and awaits drilling permits. Jillewarra drilling remains on hold pending regulatory and heritage approvals.

Right Resources has confirmed gold mineralisation for the first time at its Blue Prospect in NSW, revealing a large multi-element system with gold grades up to 1.19 g/t and extensive tungsten and bismuth anomalies.

Mitchell Services (ASX:MSV) posted a strong FY26 with revenue up 5% to A$207.4 million and EBITDA surging 67% to A$42.8 million. The company returned to a net cash position of A$3.5 million and declared a fully franked 2 cent dividend, reflecting robust operational execution and a strategic pivot towards gold.

Terra Critical Minerals has obtained full land-access approval for its Glen Eden Project, paving the way for drilling to test a substantial tungsten exploration target in New South Wales.

Kuniko has identified multiple new high-priority drill targets within 1km of its Commonwealth-Silica Hill Project by integrating recent and historical geophysical data, setting the stage for resource growth and district-scale exploration.

Alkane Resources delivered a transformational FY26 with a 590% surge in net profit to A$228.7 million, driven by its merger with Mandalay Resources and record gold equivalent production. The company declared its first fully franked dividend and confirmed solid FY27 guidance.

Regis Resources (ASX:RRL) delivered a landmark FY26 with a 181% surge in net profit to $715 million, underpinned by strong gold production and record prices. The company declared a fully franked 35 cents per share dividend, including a special 5 cents payout from the terminated Vault Minerals merger break fee.