Latest Government Approvals News

Chariot Resources Ltd (ASX: CC9) has independently confirmed the presence of spodumene and pollucite in verification samples from its Fonlo and Iganna lithium projects in Nigeria, reinforcing the interpretation of these sites as lithium-caesium-tantalum pegmatite systems and informing upcoming metallurgical and exploration activities.

Critical Resources Limited has initiated ground exploration at its Lammerlaw and Croesus projects in New Zealand, focusing on historically significant gold, antimony, and tungsten mineralisation. The company highlights exceptional historic tungsten grades up to 42.6% WO3 and a multi-kilometre gold-antimony trend, with initial results expected in the coming months.

Energy Transition Minerals Ltd (ASX:ETM) has obtained Foreign Direct Investment approval from the Spanish Government, a key regulatory milestone enabling the completion of its acquisition of the Penouta Tin-Tantalum Mine in Spain. The company anticipates finalising the acquisition this quarter, pending mining licence transfers.

QPM Energy Limited has received credit approval for a $72 million loan from the Northern Australia Infrastructure Facility to support construction of the 112MW Isaac Power Station, complementing existing financing arrangements with Macquarie Bank.

NH3 Clean Energy has entered a pivotal phase in its WAH2 Project development, partnering with global engineering giant Linde and progressing funding discussions to secure up to A$567 million. This collaboration aims to reduce capital and operational risks as the project moves closer to a final investment decision.

Advanced Innergy Holdings has tabled a non-binding proposal to acquire Matrix Composites & Engineering at a substantial premium, aiming to cement its foothold in the Asia-Pacific subsea sector.

Killi Resources has won a Queensland Government grant to co-fund drilling at its Mt Rawdon West copper-gold project, targeting a compelling porphyry system. The planned drilling aims to test significant geochemical and geophysical anomalies in the Baloo prospect.

St Barbara Limited has satisfied all conditions for its strategic Lingbao Gold Group transaction, targeting completion on 1 April 2026 with an anticipated A$0.5 billion gain on sale. Meanwhile, the Kumul Minerals deal awaits final PNG government approvals but is expected to close concurrently.

Yugo Metals has received formal government approval for its 100%-owned Petrovo tenement in Bosnia and Herzegovina, opening the door to advance one of Europe’s most promising high-grade polymetallic systems. Exceptional grades of nickel, zinc, lead, antimony, gold, and silver have been confirmed, setting the stage for a new phase of exploration.

Triton Minerals advances the sale of a majority stake in its Mozambique graphite assets pending government approval, while assay results from its AuCu Gold-Copper drilling program remain delayed due to lab backlogs.

Chariot Resources has raised $2.15 million in a well-supported placement to fund its acquisition and exploration of lithium assets in Nigeria, signalling strong investor confidence amid soaring lithium prices.

Racura Oncology has secured governance approval to launch its Phase 1 HARNESS-1 trial, testing RC220 alongside osimertinib in EGFR-mutated non-small cell lung cancer patients. This milestone sets the stage for a potentially pivotal new approach to overcoming resistance in lung cancer treatment.