Latest Tasmania News

De.mem Limited has acquired Core Chemicals Ltd for approximately $3 million, significantly expanding its footprint in the Australian gold mining sector and enhancing its pro-forma EBITDA to $1.6 million.

Coventry Group reports a 4.5% increase in Q1 FY26 sales alongside a notable EBITDA turnaround, underpinned by a $10 million cost-out program and fresh executive appointments.

Lode Resources has reported impressive initial drill results from the historic Magwood Antimony Project in NSW, revealing high-grade antimony mineralisation up to 31.1%. This discovery highlights significant unmined potential in a region largely unexplored for decades.

ABx Group’s ALCORE subsidiary is advancing its pilot plant infrastructure at Bell Bay, Tasmania, with major equipment designs completed and delivery slated for early 2026.

Stellar Resources has reported strong tin mineralisation results from wedge hole ZS187W1B at its Severn deposit, underpinning resource upgrades and advancing its prefeasibility study at the Heemskirk Tin Project.

Flynn Gold Limited has successfully raised $5 million through a rights issue and placement, positioning the company to accelerate drilling and exploration across its Tasmanian gold, silver, and critical metals projects.

AustChina Holdings has received a non-binding proposal from Bluestone Energy to invest $1.5 million via a large share placement, potentially fueling new acquisitions and exploration efforts.

ABx Group reports outstanding impurity removal results from bulk sample tests at its Deep Leads rare earth project, retaining over 98% of critical rare earths and advancing towards a mixed rare earth carbonate product sample in late 2025.

Greenwing Resources has unveiled a scoping study for its Que River polymetallic project in Tasmania, outlining a low capital expenditure route to potentially generate A$63 million in cash flow within a year. The study leverages existing infrastructure and highlights significant exploration upside beneath existing pits.

Kaiser Reef announces a leadership transition as founder Jonathan Downes steps down, handing the reins to mining veteran Brad Valiukas. The move signals a new chapter for the profitable gold producer with strong assets in Victoria and Tasmania.

Pure Foods Tasmania has expanded its Tasmanian Pâté distribution from 300 to 700 Coles stores nationally, driving a forecast 15% uplift in sales. Early orders in September surged more than tenfold, signaling strong consumer demand.

Stellar Resources has secured 100% ownership of the Granite Tor Project in northwest Tasmania, adding a promising tin and rare earth elements exploration asset adjacent to its Heemskirk Project. Historical sampling highlights significant tin and cerium anomalies, setting the stage for further exploration.