Latest Victoria News

PRL Global reports steady progress at Ardmore phosphate mine with over 55,800 tonnes shipped and final talks on bulk logistics to cut costs. Christmas Island operations rebound post-weather damage, while Liven Nutrients expands Australian footprint with new Geelong warehouse.

North Stawell Minerals (ASX:NSM) has uncovered promising extensions to gold mineralisation at its Caledonia Prospect through a detailed 412-sample surface geochemistry program, highlighting untested anomalies and reinforcing the site’s high-grade potential.

Latrobe Magnesium has reached a third of construction completion at its Phase 1B Demonstration Plant, maintaining strong safety standards and progressing key installation milestones. The company targets first magnesium metal output in the second half of 2026, aligning with prior guidance.

Infinity Mining has flagged significant concerns over the historical copper resource estimate at its Cangai Project, prompting a comprehensive revision expected within three months.

Big River Industries expects FY26 EBITDA growth around 8% despite Q4 revenue softness and forecasts double-digit growth for FY27, while initiating a strategic options review.

Comms Group has agreed to divest its onPlatinum IT managed services division for A$30 million, a move that simplifies its business and boosts balance sheet strength ahead of FY27.

Veris Limited has secured two new work orders under its Digital Twin Victoria partnership, expected to generate over $1 million in revenue across nine months, reinforcing its government digital consulting growth.

Healius has secured a national pathology services agreement with Ramsay Health Care subsidiaries, consolidating its role across 13 hospitals and stabilising a key revenue stream worth around $45 million annually.

SDI Limited’s acquisition by Beijing Guoci subsidiary is now effective following New South Wales Supreme Court approval, with the ASX suspension commencing and cash payout scheduled for early July.

Dart Mining has completed a key site visit to its historic Walwa Tin-Tungsten Project in Victoria, collecting samples and compiling historic drilling data ahead of planned diamond drilling in late 2026.

Tasmea Limited forecasts over 70% earnings growth in FY27, driven by acquisitions and organic expansion, underpinned by a record order book and strong industry demand.

Li-S Energy has secured ISO 9001:2015 certification for its lithium foil production in Geelong and completed its first commercial shipment to a leading Australian battery research institution, marking a key step in establishing a sovereign lithium foil supply chain.