Latest Victoria News

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Lakes Blue Energy reported a $19.67 million FY26 loss, ended the year with just $433,804 in cash and disclosed a material uncertainty over its ability to continue as a going concern. Its key Wombat-5 well found gas-bearing zones but failed to establish commercial deliverability, leaving the company dependent on further remediation, flow testing and capital.
Victor Sage
Victor Sage
30 Sept 2026
Rokeby Resources has shifted its centre of gravity to the Omeo Gold Project, but the strategic reset comes after a near-doubling annual loss and with substantial future funding obligations. The company ended FY2026 with A$3.39 million in cash and drilling underway at Sunnyside.
Maxwell Dee
Maxwell Dee
30 Sept 2026
Amara Minerals has warned of a material uncertainty over its ability to continue as a going concern after reporting an $8.79 million FY2026 loss and $2.08 million in cash. The company is advancing Victorian gold-antimony exploration, but further equity funding is required and a GST-related court dispute remains unresolved.
Maxwell Dee
Maxwell Dee
30 Sept 2026
Adavale Resources is presenting its 610-square-kilometre Parkes Gold Project as a belt-scale opportunity with 383,300 ounces of reported gold resources and existing processing infrastructure. The next test is whether metallurgical work, a scoping study and funding can turn that inventory into a credible development plan.
Maxwell Dee
Maxwell Dee
30 Sept 2026
Eureka Group Holdings delivered FY26 underlying earnings ahead of guidance as its all-age rental portfolio expanded rapidly, but statutory profit fell and borrowings more than doubled. The next test is whether acquisitions, development and new capital partnerships can convert scale into durable cash returns.
Eva Park
Eva Park
30 Sept 2026
Emperor Energy has secured NOPSEMA approval for the Judith-2 appraisal well, removing a major regulatory barrier ahead of targeted drilling in April 2027. The well will test a 166 Bcf contingent gas resource and investigate deeper prospective sands, although commercial conversion remains unproven.
Victor Sage
Victor Sage
30 Sept 2026
Cadoux says resampling of 21 historical Danube drill holes has extended rare earth-zircon mineralisation up to 1.4 kilometres north of its June Exploration Target and opened a southern target area. The results move the project towards planned infill drilling, a maiden Mineral Resource and a Scoping Study, but key mineralogy and access hurdles remain.
Maxwell Dee
Maxwell Dee
30 Sept 2026
Falcon Metals has extended mineralised strike at its Blue Moon project beyond 850 metres while increasing exploration spending sharply and raising $30 million after year-end. The results remain exploration-stage, but the company now has substantially more drilling capacity and a second maiden campaign underway in Western Australia.
Maxwell Dee
Maxwell Dee
29 Sept 2026
Pantera Minerals is seeking a low-cost foothold in Western Australia’s Albany Fraser Orogen through the proposed acquisition of the 470km² Corona Gold Project. The tenure carries an 8km historical gold anomaly and untested auger targets, but the evidence remains reconnaissance-stage and the transaction terms contain a share-count discrepancy that investors will want clarified.
Maxwell Dee
Maxwell Dee
29 Sept 2026
Cochlear is defending a class action filed in the Supreme Court of Victoria over its FY26 underlying net profit forecast. The claim covers investors who acquired interests in Cochlear shares between 15 August 2025 and 21 April 2026.
Ada Torres
Ada Torres
29 Sept 2026
Adavale Resources has expanded its Parkes gold inventory to 383,300 ounces and consolidated a 610-square-kilometre position around London-Victoria and Calarie. The gains came alongside a larger annual loss, A$4.95 million in operating cash outflows and an auditor warning that future funding remains critical.
Maxwell Dee
Maxwell Dee
28 Sept 2026
Embelton Limited (ASX:EMB) grew revenue, profit and operating cash flow in FY2026 despite subdued residential construction, while maintaining its 35-cent fully franked annual dividend. The flooring and engineering group is leaning further into infrastructure, data centres, healthcare and other commercial work, although its near-term contracting pipeline remains modest.
Victor Sage
Victor Sage
28 Sept 2026

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