Latest Tasmania News

Lode Resources has uncovered fresh silver-zinc and silver-antimony mineralisation at its Montezuma project in Tasmania, broadening the scope of its high-grade resource. Drilling continues to probe the scale and continuity of these promising discoveries.

NAOS Ex-50 Opportunities Company Limited reported a $3.09 million after-tax loss for FY26 but raised its dividend by 5% and continued an active share buyback, reflecting confidence despite portfolio underperformance.

Flynn Gold’s metallurgical tests at its Golden Ridge Project in northeast Tasmania demonstrate strong gold recoveries from lower-grade mineralisation, supporting bulk mining potential and advancing project development.

Critica Limited is reshaping its Mt Lindsay Tin-Tungsten Project with an innovative underground mining approach, aiming to reduce surface disturbance and integrate environmental and commercial factors amid strengthening commodity prices.

ABx Group secures environmental approvals consultancy for Sunrise Bauxite Project as Good Importing International invests A$2.7 million for a 70% stake. GII's option on NSW assets expires, leaving ABx with full control.

Locality Planning Energy (ASX:LPE) has acquired PowerHub, boosting its embedded network presence by nearly 19% in sites and 12% in service points, while extending into Tasmania and South Australia.

Kaiser Reef has initiated underground development at the Union Hill Gold Mine, marking a significant step in unlocking the Maldon Gold Project's exploration and production potential.

Flynn Gold is kicking off a 2,500m drilling campaign at its Brilliant Prospect in northeast Tasmania, aiming to convert promising trench assay results into a formal Mineral Resource and fast-track project development.

Metcash Limited posted a steady FY26 performance, with group revenue rising to $19.6 billion and EBITDA up 1.9%, driven by growth in Food and digital channels despite challenges in Hardware.

Flynn Gold has inked a non-binding Ore Purchase Agreement with Kaiser Reef's Henty Gold Mine, opening a potential low-capital route to production for its Golden Ridge project in Tasmania.

Critica Limited has achieved a roughly 30% reduction in sulphuric acid consumption in the hydrometallurgical circuit of its Jupiter Rare Earth Project, confirmed by independent labs. This milestone complements earlier gains in concentrate grade and rare earth recovery, underpinning a lower-cost processing route ahead of the Q3 2026 scoping study.

Elementos Limited has cleared all conditions to acquire up to 50% of Iberian Smelting, advancing its integrated European tin mine-to-metal strategy by linking its Oropesa project with downstream smelting capacity in Spain.