Latest Government It News

Bio-Gene Technology reports promising progress on its US Department of Defense-funded insecticide projects, with early mosquito mortality evidence from its Flavocide wearable device and pending launch of its Qcide indoor spray program.

Lake Resources has secured a crucial environmental management plan approval for its Kachi Lithium Project, marking a significant step toward final environmental impact assessment clearance and sustainable lithium production.

Felix Gold Limited reports strong continuity of high-grade antimony mineralisation at its NW Array prospect in Alaska, while engaging Worley to accelerate processing pathways. The company targets near-term bulk sampling and production aligned with US strategic supply needs.

Buru Energy is actively pursuing funding for its 2026 drilling campaign to validate resources at the Rafael Gas Project, aiming for a Final Investment Decision in the second half of 2026 and first cashflow by 2028.

FireFly Metals has successfully raised approximately A$139 million through a multi-part equity raising, significantly bolstering its cash reserves to advance its flagship Green Bay Copper-Gold Project in Newfoundland. The company also closed its oversubscribed Share Purchase Plan early, reflecting strong investor demand.

Cosmo Metals has reported promising results from its maiden drilling at the Spring Creek prospect, confirming continuity of high-grade gold mineralisation and identifying new target zones along a major regional trend.

First Graphene has successfully produced 600 tonnes of graphene enhanced cement, marking a key milestone in sustainable construction with significant CO2 reductions and multiple UK trial projects underway.

Netwealth Group Limited will compensate members affected by the First Guardian Master Fund collapse with $101 million, impacting its 1H26 profit but aiming to restore member confidence swiftly.

Equus Energy Limited launches a $15 million public offer to fund the acquisition and development of the Equus Gas Project in Western Australia, backed by conditional funding from Alcoa. The project boasts a large independently certified contingent gas resource, positioning the company to address looming supply shortfalls in domestic and LNG markets.

Tamawood Limited anticipates a substantial 40% to 50% increase in first-half FY26 profit before tax, driven by a 36.5% rise in sales and improved Work In Progress reporting confirmed by auditors.

Humm Group has received a shareholder notice to remove key directors alongside a non-binding acquisition proposal from Credit Corp, signaling potential major changes ahead.

Variscan Mines has secured government approval for its Preliminary Mining Plan, enabling critical pre-works and trial mining at the San Jose Mine in Spain. This milestone accelerates the company’s strategy to restart production with minimal capital expenditure.