Latest Government It News

Hamelin Gold Limited advances exploration with fresh drilling and geophysical surveys in Western Australia’s Yilgarn, Tanami, and Paterson provinces, maintaining a solid cash position of AUD 3.6 million.

Tanami Gold NL reports significant drilling progress and an 18% increase in resource tonnes at its Central Tanami Project, reinforcing its growth potential ahead of a key joint venture acquisition.

QX Resources has confirmed high-grade uranium mineralisation at its Madaba project in Tanzania and commissioned a detailed airborne radiometric survey to refine drill targets. Meanwhile, gold and iron ore projects in Australia await further exploration.

BPH Energy’s December quarter report reveals significant progress in its investee projects amid ongoing legal challenges and strategic capital management. The company balances judicial reviews, regulatory milestones, and funding plans across energy and medical technology sectors.

Genesis Resources progresses environmental approvals for its North Macedonian Plavica project while Australian drilling at Alice Springs and Arltunga yields underwhelming copper and gold assays.

Mindax Limited advances its vision for Western Australia's Mid-West iron ore hub, issuing 58 million options to directors and raising fresh capital to fuel exploration and development.

White Energy’s subsidiary has agreed to sell key Kentucky coal assets for USD 3.8 million, marking a significant step in recovering outstanding debts from a bankrupt former subsidiary.

BMC Minerals Ltd. reported a strong cash position of $64.9 million following its December 2025 ASX listing, supported by significant financing inflows and a secured agreement with Wheaton Precious Metals Corp.

GoldArc Resources has identified multiple high-priority gold targets at its Leonora projects and secured strategic partnerships to accelerate mining development, backed by a $2.5 million cash advance facility.

Spenda Limited reports a 65% year-on-year jump in payment volumes and a 34% quarterly rise in cash receipts, alongside significant cost savings and leadership changes.

Riedel Resources has completed a key drilling program at its Kingman Gold Project in Arizona and secured $1.78 million through an entitlement offer, while appointing Adrien Wing to its board.

Eagle Mountain Mining has completed a significant placement of nearly 95.4 million new shares and over 31.8 million options to address the shortfall from its recent entitlement offer, reinforcing its capital base as it advances copper-gold projects in Arizona.