Latest Victoria News

3D Energi Limited confirms final well locations and a September 2025 start for Phase 1 of its Otway Basin drilling program, with ConocoPhillips covering up to US$65 million of costs.

Falcon Metals has confirmed high-grade Bendigo-style gold mineralisation from its first diamond drill hole at the Blue Moon Prospect, marking a promising start to exploration north of the historic Bendigo Goldfield.

AMP Limited is set to defend itself against a new class action alleging inflated life insurance premiums and a separate dispute over a major property sale, signaling potential challenges ahead for the financial services giant.

Advance Metals has intersected multiple zones of visible gold in its latest diamond drilling at the Happy Valley Prospect, hinting at an expansion of high-grade mineralisation at the Myrtleford Project. Assay results are eagerly awaited to confirm the potential of this promising discovery.

Astron Corporation Limited proposes to shift its corporate domicile from Hong Kong to Australia by establishing a new Australian parent company, Astron Limited. Shareholders and CDI holders will exchange their securities on a two-for-one basis, aligning the group’s structure with its Australian assets and simplifying governance.

Elanor Investors Group updates on its ongoing asset divestment program, debt covenant negotiations, and corporate governance reforms as it navigates balance sheet challenges and strategic options.

Emperor Energy secures independent validation of its Judith Gas Field resources, boosting unrisked prospective volumes to 1.86 trillion cubic feet and setting sights on a mid-2026 appraisal well to advance development.

Eildon Capital Group has revealed a significant loan repayment default by Kings Investment, alongside a cautious outlook for its FY25 financials amid a sluggish Melbourne property market.

Adavale Resources has launched its first-ever drilling campaign at the London Victoria Gold Mine, aiming to expand its existing gold resource and explore high-grade vein potential near the historic Koh-I-Nor mine.

3D Energi Limited has updated its prospective gas resource estimates in the Otway Basin, revealing a substantial 9.2 trillion cubic feet (Tcf) of gross recoverable gas across 51 prospects. The company is gearing up for a multi-well drilling campaign in 2025 targeting near-term commercialisation opportunities to bolster East Coast energy security.

Adavale Resources has secured approval for a 10-hole drilling program at its London Victoria Mine, aiming to expand its gold resource and explore high-grade vein structures. This marks the first systematic drilling at the site in over three decades.

Sports Entertainment Group upgrades its FY25 EBITDA forecast to $9m-$10m, driven by strategic divestments and new media initiatives, setting the stage for continued growth in FY26.