Latest Government It News

A2MP Investments FZCO has kicked off an off-market takeover offer for the remaining 44.44% of Canyon Resources shares it does not already control, valuing the company at about A$103 million equity and A$188 million enterprise value. The bid comes amid deteriorating project economics and funding challenges for Canyon's Minim Martap Bauxite Project.

Cauldron Energy has begun trading on the US OTCQB market, broadening access to American investors without issuing new shares. This move taps into growing US demand for uranium, positioning Cauldron as a potential supplier from its Yanrey Uranium Project.

Estrella Resources has identified multiple high-conductivity anomalies at its Ira Miri project via a novel UAV geophysical survey, prompting plans for the deepest mineral exploration drilling ever in Timor-Leste starting September 2026.

Sierra Nevada Gold (ASX: SNX) has discovered a new high-grade gold-silver-polymetallic breccia beneath shallow cover at its As Safra project in Saudi Arabia, revealing a more complex and extensive mineral system than previously known.

Almonty Industries posted a striking turnaround in Q2 2026, driven by soaring tungsten prices, ramping Sangdong Mine operations, and a major $800 million convertible notes raise.

Bravura Solutions posted a 49% rise in net profit after tax for FY26 despite a near 10% decline in revenue, supported by strong margin improvements and underlying profit growth. The company declared a 15 cent final dividend, secured a $100 million debt facility, and announced a $50 million share buyback.

Redcastle Resources has secured a crucial Native Title and Mining Agreement with the Wangkatja Tjungula Aboriginal Corporation, paving the way for advancing its strategically important Mining Lease Application M39/1171 adjacent to its Queen Alexandra operations.

Japan Australia Fluorite Associates has received a $3 million funding tranche under the $7.4 million IPCM grant, supporting the ongoing Definitive Feasibility Study for the Speewah Fluorite Project in Western Australia.

Anteris Technologies posted a $51.7 million loss in H1 2026 amid ramped-up R&D and clinical trial activity, supported by a $320 million capital raise and Medicare reimbursement for its DurAVR heart valve trial.

SEEK Limited delivered solid operational growth with record dividends in FY2026, yet posted a hefty net loss driven by a $284m impairment on its Chinese associate Zhaopin and a $201m loss from its Growth Fund.

Celsius Resources is locked in a legal standoff with Equinaire Holdings over a disputed Event of Default that could see Celsius’ 40% interest in Makilala Mining auctioned. A court-ordered freeze currently blocks foreclosure while arbitration looms.

Black Canyon has confirmed a 400-metre southern extension to its Wandanya manganese project, delivering multiple high-grade manganese intercepts and advancing towards a maiden Mineral Resource Estimate in September 2026.