Latest Tasmania News

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.

ABx Group has launched a new drilling campaign targeting extensions of its high-grade T8 rare earth discovery in northern Tasmania, focusing on critical elements terbium and dysprosium. Early drilling confirms shallow mineralisation with assays pending, highlighting the project's strategic potential amid global supply constraints.

Stellar Resources has raised $9 million through a share placement to advance development at its high-grade Heemskirk Tin Project in Tasmania, bolstered by strong investor demand amid rising tin prices.

Bendigo and Adelaide Bank reported steady cash earnings in 1Q26, supported by improved net interest margins and deposit mix, while residential lending contracted amid competitive pressures. Strategic technology rollouts promise growth in the second half.

Lode Resources has extended the Montezuma Silver & Antimony deposit in Tasmania, revealing high-grade mineralisation over a significant strike and depth. New drilling results show promising grades, supporting ongoing exploration and metallurgical testing.

G11 Resources has identified a promising new copper and gold drill target at Sedgwick Bluff, Tasmania, adjacent to the historic Mt Lyell mine. The discovery, based on advanced geophysical modelling, sets the stage for imminent drilling pending environmental and regulatory approvals.

ABx Group has achieved over 98% retention of rare earth elements with near-complete impurity removal in large batch tests from its Deep Leads project, advancing toward delivering its first mixed rare earth carbonate sample by November’s end.