Latest Government It News

Investor Kjerulf Ainsworth has initiated an unconditional off-market proportional takeover bid for 2.9% of Ainsworth Game Technology shares at $1.30 each, offering shareholders a significant premium and liquidity option.

Burgundy Diamond Mines' subsidiary Arctic Canadian Diamond Company has secured a C$115 million senior secured loan from Canada's LETL facility to support operations amid US tariffs impacting diamond markets. The funding enables continued development and operational restructuring at the Ekati mine.

Downer EDI Limited has been named preferred contractor for four major New Zealand state highway maintenance contracts, securing an estimated NZD 870 million in revenue over initial contract periods starting May 2026.

Impact Minerals’ associate Alluminous has teamed up with US battery innovator C4V to fast-track the commercialisation of its HiPurA® high purity alumina for advanced battery applications, marking a key step in its vertically integrated strategy.

Star Minerals Limited has requested an extension to its voluntary suspension on the ASX as it awaits a Supreme Court ruling on the appointment of its auditor, with a market update expected soon.

Sparc Technologies has achieved a significant commercial milestone with its first sale of ecosparc®, a graphene-based additive for protective coatings, to an Asian coatings company following successful proof-of-concept testing.

Symal Group Limited is acquiring an 80% stake in Davison Earthmovers for $23.2 million, marking a strategic expansion into South Australia's civil infrastructure market. The acquisition is expected to be earnings accretive from the first year and includes significant plant and equipment assets.

Symal Group has agreed to acquire an 80% stake in South Australian civil contractor Davison Earthmovers for $23.2 million, marking a strategic entry into a region with a booming infrastructure pipeline.

South Harz Potash Limited has lodged three exploration permit applications for the Torsby West Project in Sweden, securing a 25km corridor rich in copper-gold-cobalt mineralisation. This move complements their existing Glava assets and positions the company strongly in a highly prospective Scandinavian IOCG district.

Ausgold Limited has successfully completed a Share Purchase Plan, raising $10 million after scaling back oversubscriptions, contributing to a total $90 million capital raise for its Katanning Gold Project development.

nib holdings limited signals higher-than-expected non-recurring expenses in the first half of 2026, impacting statutory profit but leaving underlying performance steady.

Qube Holdings has confirmed that Macquarie Asset Management has met the conditions to extend their exclusivity period, keeping potential deal talks alive but without any guarantee of a binding agreement.