Latest Tasmania News

Flynn Gold has successfully extended high-grade gold mineralisation across a 9km zone at its Golden Ridge Project in northeast Tasmania, with drilling confirming a large-scale gold system. Meanwhile, drilling at the nearby Mangana Project is underway, promising further updates in early 2026.

Maas Group's JLE subsidiary has landed a $200 million deal to deliver modular electrical infrastructure for a 100MW AI factory cluster in Tasmania, marking a major step into the AI infrastructure sector.

Stellar Resources has reported a significant 51m wide tin mineralisation zone at its Severn deposit, reinforcing the potential to upgrade and expand its Heemskirk Tin Project resource. Ongoing drilling and rising tin prices underpin the company’s advancing prefeasibility study.

ABx Group’s preliminary column leach tests reveal exceptional extraction rates of heavy rare earths from its Deep Leads project, underscoring the potential for cost-effective heap leaching and accelerated commercial production.

ABx Group has secured a new five-year exploration licence in northern Tasmania, expanding its rare earths tenure between key deposits and advancing its high-value rare earth product development.

Group 6 Metals Limited has updated its quarterly cash flow report, excluding certain financing from working capital calculations, while confirming sufficient funding and forecasting improved operational cash flows.

Stellar Resources has reported robust metallurgical test results from its Severn Deposit, highlighting strong tin recoveries and production of a clean, high-grade concentrate. These findings reinforce the project’s potential as a low-cost, high-quality tin source in a stable jurisdiction.

Experience Co Limited has agreed to sell its boutique Wild Bush Luxury portfolio to Intrepid Travel for $5.1 million, marking a strategic shift towards more scalable adventure tourism segments.

De.mem Limited has successfully integrated Core Chemicals Pty Ltd, exceeding initial revenue expectations and setting the stage for geographic and sector expansion in the Australian gold mining chemicals market.

Cash Converters has completed a $37.1 million acquisition of 29 franchise stores across Australia’s East Coast, aiming to boost earnings and operational efficiency from year one.

ABx Group has produced its maiden mixed rare earth carbonate from Tasmania’s Deep Leads deposit, boasting dysprosium and terbium contents far exceeding peers and commanding a premium basket price.

Metcash Limited reported a marginal rise in sales revenue to $8.48 billion for 1H26, with underlying EBITDA up 2% driven by Food pillar growth, while EBIT declined 2.4% amid challenges in Liquor and Hardware segments. The Board declared an interim fully franked dividend of 8.5 cents per share.