Latest Victoria News

KPMG's latest actuarial report reveals a slight increase in asbestos-related disease liabilities for former James Hardie entities, driven by a notable rise in mesothelioma claims and evolving actuarial assumptions.

Waratah Minerals has mobilised a third drill rig to its Spur Gold-Copper Project in New South Wales, targeting high-priority porphyry copper-gold zones and expanding exploration along the Spur Gold Corridor.

North Stawell Minerals (ASX:NSM) reports promising drilling results and strategic advances at its North Stawell Gold Project in Victoria, highlighting potential repeats of the prolific Stawell gold system and a robust exploration pipeline.

Advance Metals has completed its initial drilling at the Myrtleford Project, revealing impressive high-grade gold results at Happy Valley and greenlighting an expanded follow-up program to explore extensions and new prospects along the trend.

Catalyst Metals has finalized the sale of its Henty gold mine to Kaiser Reef, securing $15 million in cash and a near 20% stake in Kaiser. This deal unlocks a strategic option to acquire half of the Maldon processing plant, bolstering Catalyst’s Victorian gold ambitions.

Synertec Corporation has been appointed to Sydney Water’s SCADA and Electrical Services Panel, granting access to a significant pipeline of water infrastructure projects valued at $245 million over five years. This appointment strengthens Synertec’s foothold across Australia’s major water utilities.

Comms Group Limited announces a strategic $10 million acquisition of TasmaNet and select assets from Field Solutions Holdings, alongside a $7 million capital raise, targeting a proforma FY25 revenue of approximately $75 million.

GrainCorp reported a robust first half of FY25 with improved earnings and upgraded guidance, underpinned by strong East Coast grain volumes and operational resilience.

GrainCorp Limited reported a strong first half with revenue up 21% to $4.09 billion and net profit rising 17% to $58.1 million, prompting an increased dividend and share buy-back program.

The Federal Court of Australia has approved the scheme of arrangement for NinjaOne’s acquisition of Dropsuite, setting the stage for a $5.90 per share cash payout to shareholders and imminent suspension of trading on the ASX.

Centuria Industrial REIT reports robust Q3 leasing activity with over 102,000 sqm of lease terms agreed year-to-date and advances $60 million in development projects, reaffirming its FY25 earnings and distribution guidance.

Aureka Limited has confirmed gold mineralisation on the previously untested western flank of the Irvine Basalt at its flagship Irvine Project, signalling a potential significant expansion beyond existing resources.