Latest Government It News

Terramin Australia has released an updated 2025 Mining Study for its Tala Hamza Zinc Project in Algeria, increasing throughput to 2.0 million tonnes per annum and confirming strong financial returns with advanced funding negotiations underway.

Tartana Minerals has unveiled an expanded 21,000-metre drilling program across its Chillagoe portfolio, targeting a suite of critical and strategic minerals with a focus on resource upgrades and maiden estimates.

Cobalt Blue Holdings and Glomar Minerals have teamed up to develop a pioneering polymetallic nodule processing facility in the US, aiming to secure critical minerals for advanced manufacturing and defence sectors.

InFocus Group’s Prodigy9 has received its initial payment for a major Thai Government social security infrastructure project, signalling progress and potential expansion.

Sprintex Limited has inked an exclusive distribution agreement with ChoisTechnics Corp. to expand its hydrogen fuel cell compressor presence in South Korea, targeting key mobility and stationary markets.

Ava Risk Group has announced a $7 million strategic investment from US-based Hale Capital to fuel its expansion into the US federal security market and accelerate product development. This partnership aims to position Ava as a global leader in critical infrastructure protection with a strong US presence.

Fortuna Metals Limited (ASX:FUN) reports a major high-grade rutile discovery at its Mkanda project in Malawi, positioning itself to meet rising demand from aerospace and emerging robotics sectors amid a tightening global titanium market.

Excelsior Capital Limited has announced a further fully franked special dividend of over $10 million amid its ongoing winding up process, alongside key board changes and plans for final capital returns.

Kjerulf David Hastings Ainsworth has initiated a second unconditional off-market takeover bid for 5.5% of Ainsworth Game Technology shares at a significant premium, aiming to increase his stake and influence in the company.

Spacetalk Ltd has secured firm commitments to raise approximately $6 million through a two-tranche share placement, alongside appointing Andrew Grover as an independent Non-Executive Director. The capital raise aims to accelerate app development and support growing subscriber demand.

Bass Oil reported steady February production with some operational setbacks in the Cooper Basin, while gaining regulatory approval for the Vanessa gas field acquisition and securing government funding for Kiwi gas development.

FIN Resources has successfully completed the first drill hole at its Cabin Lake Gold Project, intersecting a significant 38m zone of sulphide mineralisation that validates its geological model. Assay results are pending as drilling advances to the next target.