Latest Victoria News

ACDC Metals has locked in a crucial 10-year Retention Licence for its Goschen Central rare earth and heavy mineral sands project, underpinning long-term development plans backed by a robust $384 million NPV8 Scoping Study.

Nido Education Limited has secured a 12-month extension on its NAB loan facility, increasing available funding by $10 million and raising its bank guarantee capacity to $17.5 million, underpinning its growth in early childhood education.

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.