Latest Tasmania News

Flynn Gold’s maiden diamond drilling at the Double Event Prospect in Tasmania reveals promising high-grade gold mineralisation, expanding the known gold corridor at its Golden Ridge Project.

Comms Group reported robust FY25 results driven by domestic expansion, including the strategic acquisition of TasmaNet, and strong international growth in its Global and Wholesale division.

ABx Group has successfully raised over $6 million through a share placement to fund rapid development of its Deep Leads rare earth project and ALCORE pilot plant in Tasmania.

Pure Foods Tasmania has acquired premium ice cream brand Elato, integrating it with its Cashew Creamery to form a new Ice Cream Division led by Elato’s founder. This move broadens PFT’s product range and leverages existing manufacturing capabilities.

Octava Minerals has verified high-grade indium mineralisation up to 860ppm at its Sweeney’s prospect in Tasmania, with diamond drilling about to commence following promising geophysical survey results.

Sea Forest Limited launches a $20.5 million IPO on the ASX to scale production and commercialisation of SeaFeed™, a scientifically validated livestock feed additive that cuts methane emissions by up to 80% while boosting productivity.

G11 Resources has raised A$7.5 million through a two-tranche placement to fund exploration at its copper and gold projects in Tasmania and New South Wales, positioning the company for potential major discoveries.

Coventry Group reports a challenging FY25 with revenue slipping 1.7% and EBITDA plunging 40.9%, but early FY26 results show promising recovery driven by cost cuts and ERP system stabilisation.

AustChina Holdings has raised $1.5 million through a private placement with Bluestone Energy, aiming to accelerate acquisitions and exploration across its energy and mineral projects.

Metals X Limited has updated its Renison Tin Operations Ore Reserve, reporting a 7.5 million tonne reserve with 102,720 tonnes of contained tin, reflecting an 8.5% decline from last year but affirming a near-decade mine life.

New Zealand Coastal Seafoods (ASX – NZS) marked a key milestone with its MV Bluefin's maiden Coral Sea fishing trip and is advancing plans for a $2 million capital raise amid strategic rebranding.

Stellar Resources has raised an extra A$500,000 through a placement to a major shareholder, adding to a recent $12.4 million capital influx aimed at advancing its Heemskirk Tin Project in Tasmania amid robust tin market demand.