Latest South Australia News

Adavale Resources has identified additional exploration targets at its Parkes Project and remains on track for maiden drilling in Q2 2025, reinforcing its position in the highly prospective Lachlan Fold Belt.

Ausmon Resources has completed critical field reconnaissance across three South Australian tenements, setting the stage for a targeted rare earth elements drilling program pending regulatory approval.

Environmental Clean Technologies Limited (ECT) has raised $750,000 through a two-tranche placement to fund its innovative COLDry Fertiliser Project and pursue strategic acquisitions, alongside key board changes.

Lincoln Minerals is accelerating development across its diversified portfolio of critical minerals projects in South Australia's Gawler Craton, targeting copper, uranium, graphite, and high-purity iron to meet global electrification and decarbonization demands.

Big River Industries reports a 3.3% revenue decline in 1H FY25 but shows signs of operational resilience and strategic progress amid challenging market conditions.

Baby Bunting Group Limited reported a 2.4% increase in revenue to $254.4 million for the half-year ended December 2024, alongside a 45.3% surge in net profit after tax. The company expanded its footprint with two new stores and improved gross margins, signaling operational momentum despite withholding an interim dividend.

Havilah Resources has completed a 7,511-metre drilling program at its Mutooroo copper-cobalt-gold project, revealing promising extensions beyond the current resource envelope. Collaborative efforts with JX Advanced Metals Corporation advance metallurgical and mining studies, underpinning a potential resource upgrade.

Thor Energy has completed its acquisition of an 80.2% interest in Go Exploration, gaining access to prime hydrogen and helium exploration licenses in South Australia and significantly expanding its clean energy portfolio.

Aurizon Holdings posted a 3% revenue increase to $2.02 billion for 1HFY2025 but saw EBITDA dip 4% to $814 million, reflecting operational headwinds across key segments. The company declared a 9.2 cents per share interim dividend, signaling cautious optimism despite margin pressures.

Lincoln Minerals has confirmed a significant mineralised system extending over 7km at its Minbrie Copper and Base Metals Project in South Australia, revealing multiple sulphide zones and substantial exploration upside due to limited historical assaying.

Sipa Resources has swiftly initiated ground exploration at its newly acquired Tunkillia North gold project, signalling a focused push into a highly prospective South Australian gold district. The company’s methodical approach includes infill calcrete sampling and plans for targeted drilling across multiple projects.

Trinex Minerals has secured statutory approval for a Reverse Circulation drilling program at its Dudley Lithium Project on Kangaroo Island, marking a key step forward in its lithium exploration strategy. Meanwhile, the company has withdrawn from its uranium project in Canada to focus resources on lithium.