Latest Government It News

TasFoods Ltd has secured shareholder approval to sell its Pyengana Dairy business and to execute a selective buy-back of nearly 50 million shares, marking a pivotal moment in its strategic reshaping.

American West Metals is set to launch a major drilling campaign at its West Desert Project in Utah, aiming to expand its world-class indium resource and explore high-grade gallium mineralisation. This initiative aligns closely with the US government's renewed focus on securing domestic critical metals supply chains.

Micro-X Limited has secured $6 million through a share placement to accelerate commercialisation of its innovative medical imaging technologies, with strategic partner Billion Prima increasing its stake to 8.5%. The capital raise supports key clinical trials and product development milestones.

TT Investments has initiated an unconditional on-market takeover offer for 360 Capital Group at $0.31 per security, aiming to consolidate full ownership of the real estate investment trust.

Mount Ridley Mines has locked in nearly $1.8 million through a fully underwritten exercise of expiring unlisted options, ensuring financial backing for its Mount Ridley Project exploration and metallurgical programs.

KGL Resources has appointed Sam Strohmayr as its new CEO, bringing deep global mining expertise, while also establishing a new operations office in Darwin to bolster stakeholder engagement.

Estrella Resources has reported further high-grade manganese intersections at its Ira Miri Prospect, alongside completion of extensive drilling at the Werumata Limestone Project in Timor-Leste, highlighting promising resource potential.

St George Mining reports its thickest and highest-grade rare earth and niobium intercept to date at the Araxá Project, signaling a potential major resource expansion in Brazil.

Ricegrowers Limited (SunRice) reported a 14.5% rise in half-year profit despite a 3.1% revenue decline, driven by improved margins and strategic growth in key markets. The company also increased its interim dividend by a third, signaling confidence in its 2030 Growth Strategy.

Woodside Energy Group announces the resignation of CEO Meg O’Neill, who will lead bp p.l.c., with Liz Westcott appointed Acting CEO as the company begins a formal succession process.

West Cobar Metals is making significant progress across its Salazar, Bulla Park, and Mystique projects, initiating metallurgical testwork and planning drilling programs that could reshape resource estimates and project economics.

Renegade Exploration has secured an option to acquire the Rooster Hill Monazite Project in Wyoming, tapping into a historically promising rare earth element resource. The move expands Renegade’s US footprint amid rising demand for critical minerals.