Latest Victoria News

Alcidion Group Limited reported robust Q2 FY25 sales of $13.1 million and improved cash flow, reinforcing its forecast to achieve EBITDA and cashflow positivity by the end of FY25.

Stavely Minerals' latest quarterly report reveals continued exploration progress at its key Victorian and Western Australian projects, alongside a successful capital raise to fund further drilling and geophysical surveys.

Kaiser Reef Limited has made a pivotal advance by developing into the unmined Nova Zone at the A1 Gold Mine, marking a shift from remnant to modern mining operations, supported by a successful $8 million capital raise.

Southern Cross Gold Consolidated Ltd. reported a significantly reduced net loss of $2.41 million for Q2 2024, down from $43.69 million a year earlier, as it sharpens focus on its Australian gold projects following a major corporate restructuring.

AVADA Group Limited reports a positive cash flow for Q4 2024, supported by increased collections and operational consolidation, even as government funding shifts delay project starts.

Waratah Minerals has reported significant progress in its Spur Gold-Copper Project, extending gold zones with over 4,700 metres drilled in the December quarter. Strategic board appointments signal a new phase for the company as it positions itself for further exploration success.

Adore Beauty Group reports a robust H1 FY25 with EBIT surging 118%, driven by strategic shifts and the launch of its first physical stores.

Meeka Metals has made substantial strides in developing its Murchison Gold Project, backed by a fully funded expansion and a robust feasibility study projecting $1 billion in pre-tax free cash flow over 10 years. With first gold targeted for mid-2025, infrastructure and mining operations are advancing ahead of schedule.

Peak Minerals has secured an 80% stake in key uranium and rutile projects in Cameroon and launched a significant drilling campaign at the Minta Rutile Project, marking a pivotal step in its exploration strategy.

Bubalus Resources has secured critical exploration licenses and permits across multiple projects, positioning itself for a pivotal drilling campaign in Victoria and rare earth exploration in the Northern Territory and Western Australia.

Pacgold Limited's latest drilling results and historic data recalculations at the Alice River Gold Project reveal a substantial bulk tonnage gold system, with multiple new targets identified for 2025 exploration.

Eastern Resources Limited reports solid progress in its lithium and iron projects during the December 2024 quarter, highlighted by promising metallurgical test results from Lepidolite Hill.