Latest Victoria News

Advance Metals has raised $13 million in a strongly supported placement led by global institutional investors, positioning the company to accelerate exploration across its high-grade silver and gold projects in Mexico and Victoria.

The Federal Court has approved QGold’s compulsory acquisition of Carawine Resources’ remaining shares at 11 cents each, setting the stage for Carawine’s imminent ASX suspension and delisting.

The Federal Court has approved QGold’s compulsory acquisition of Carawine Resources’ remaining shares, paving the way for the company’s imminent delisting from the ASX.

Lakes Blue Energy reports strong gas shows and excellent reservoir quality from its Wombat-5 appraisal well in Victoria’s Gippsland Basin, setting the stage for imminent production testing and potential field development.

Dart Mining has kicked off diamond drilling at the Coonambula Antimony-Gold Project, intercepting visually high-grade stibnite mineralisation in its first hole. The company is also advancing a government-funded geophysical survey to pinpoint further targets.

Cann Group Limited has extended the expiry of its NAB debt facilities by two weeks, providing a brief but vital window to advance its refinancing plans.

Southern Cross Gold Consolidated Ltd has reported compelling drill results from its Rising Sun prospect at Sunday Creek, Victoria, confirming high-grade gold-antimony continuity and exceptional antimony grades that reinforce the project’s global significance.

Avada Group Limited has adjusted its FY25 financial results following audit finalisation, increasing its income tax benefit and reclassifying borrowings, while confirming a strong financial position.

Avada Group Limited has updated its FY25 financial results, reducing its loss after tax by $2.04 million due to tax benefit adjustments and reclassification of borrowings, while confirming no impact on operating revenue or cash flow.

Lakes Blue Energy has wrapped up drilling at its Wombat-5 well in Victoria’s Gippsland Basin, setting the stage for critical gas flow testing to assess commercial potential.

Stavely Minerals has expanded the gold anomalism footprint at its Fairview South prospect in Victoria, setting the stage for a new phase of drilling following promising soil auger geochemistry and initial RC drill results.

Amplitude Energy has launched the retail component of its fully underwritten entitlement offer, aiming to raise approximately A$20 million to support key growth projects including the expansion of the East Coast Supply Project and the potential restart of Patricia Baleen.