Latest Victoria News

Auckland Airport posted a 3% revenue increase and a stable underlying profit of NZD 309 million in FY26, driven by robust passenger growth and a $1 billion infrastructure push, while cautioning on near-term fuel price volatility and geopolitical risks.

H2G Limited trims its half-year loss by a third while advancing sodium-ion battery production and securing a $4.5 million sales pipeline. Strategic partnerships and government certification efforts aim to boost market adoption.

Ventia Services Group has won two major Intelligent Transport Systems maintenance contracts in Victoria's Central and East regions, valued at $160 million over five years, reinforcing its transport infrastructure foothold.

Stavely Minerals has confirmed a significant blind gold-silver discovery beneath basalt cover at its Freddy’s Find Prospect, with diamond drilling revealing higher-grade mineralisation at depth. Further reconnaissance drilling is planned to expand the target and test adjacent porphyry prospects.

The Lottery Corporation reported a resilient FY26 performance despite a rare jackpot drought, extending its Victorian licence by 40 years and unveiling a fresh digital-focused strategy.

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.

Aureka Limited has refreshed its geological model and confirmed multiple exploration targets at the Irvine Gold Project, underscoring the site’s significant potential beyond its current 398,000-ounce inferred resource.

Adavale Resources has reported a standout 19m intercept at 4.0g/t Au well outside the current London-Victoria Mineral Resource Estimate, signalling potential for a significant resource upgrade due in Q3 2026.

Kaiser Reef has quantified a 77,000-tonne tailings stockpile at its A1 Gold Mine in Victoria, containing an inferred 3,100 ounces of gold at 1.25g/t grade. Plans are underway to reclaim and process this higher-grade material alongside existing operations at Maldon.

GWA Group posted modest revenue and earnings growth in FY26, driven by volume gains across Australia, New Zealand, and the UK, while raising dividends and advancing strategic priorities despite challenging market conditions.

Novo Resources has progressed its Belltopper Gold Project with a planned diamond drilling campaign and completed maiden Pilbara drilling programs, while reporting a $3.9 million net loss for H1 2026 and bolstering liquidity through capital raises.

Freightways reported a solid FY26 with 13.5% revenue growth to NZD 1.46 billion and a 17.3% rise in net profit, underpinned by strong Australian market gains and operational efficiencies despite economic headwinds.