Latest Tasmania News

ABx Group Limited reports strong progress in rare earth extraction and clean chemical production, backed by strategic investments and a recent $3 million capital raise.

AustChina Holdings has made significant progress in its Tasmanian gold and base metals projects while securing an option to acquire a promising Victorian gold portfolio, supported by plans for a $1.5 million equity raise.

Norfolk Metals has kicked off its maiden drilling campaign at the Carmen Copper Project in Chile, backed by a A$3.5 million capital raise and the strategic appointment of mining veteran David Fowler to its board.

Elementos Limited advances its Oropesa Tin Project in Spain and Cleveland Tin Project in Tasmania, securing a binding option to acquire 50% of a Spanish tin smelter, positioning itself as the European Union’s primary vertically integrated tin producer amid strong tin prices.

Kaiser Reef reports record gold production at Henty, extends mine life beyond six years, and advances exploration at Maldon, while transitioning A1 mine to care and maintenance.

Synertec Corporation has reported its strongest first quarter since FY19, driven by a 13% revenue increase and a new order for its Powerhouse microgrid units from Santos. The company’s engineering division also shows promising expansion with a robust project pipeline.

Flynn Gold’s re-assay of historical drill core at its Firetower Project reveals significantly higher tungsten grades, prompting accelerated exploration and a maiden resource target for 2026.

GWR Group Limited reported steady progress on its Prospect Ridge Magnesite Project and maintains strong cash reserves, while opting out of a potential acquisition after thorough due diligence.

Octava Minerals has secured a conditional acquisition of the Federation copper-zinc project in Tasmania and reported promising bioleaching results at its Byro rare earths and lithium project, underpinning plans for further exploration and development.

Cash Converters has successfully completed the institutional component of a $25 million equity raising, positioning itself to acquire 29 franchise stores and expand its retail footprint.

Rokeby Resources has confirmed significant gold and antimony mineralisation across multiple prospects at its Hurricane Project in North Queensland, following its maiden drilling campaign. The company secured $1.7 million in an oversubscribed placement to advance Phase 2 drilling and exploration.

Gold Hydrogen Limited has closed a $14.5 million strategic investment round led by Toyota, Mitsubishi Gas Chemical, and ENEOS Xplora, positioning the company to accelerate drilling and commercialisation efforts at its Ramsay Project in South Australia.