Latest Government It News

Pacific Lime and Cement Limited has formalised a pivotal Project Development Agreement with the Papua New Guinea government, marking a major step forward for its Central Lime and Cement Project and signalling strong sovereign support.

StepChange Holdings has agreed to acquire Perth-based BroadReach, significantly boosting its ICT advisory capabilities and government sector footprint. The deal enhances StepChange’s role in digital transformation programs with a $2.5 million upfront payment plus performance-linked earn-outs.

Pursuit Minerals has completed the acquisition of the Sascha Marcelina Gold Project in Argentina, setting the stage for a high-impact drilling campaign while simultaneously advancing its lithium development at Rio Grande Sur.

Lindian Resources has completed its final payment to acquire 100% ownership of the Kangankunde Rare Earths Project in Malawi, accelerating its path to production and consolidating control over one of the world’s highest-grade rare earth deposits.

Sunshine Metals has identified seven promising volcanogenic massive sulphide targets at its Ravenswood Consolidated Project, highlighted by exceptional gold-in-soil grades reaching 8.45 g/t at Truncheon East. The findings, supported by a Queensland Government grant, set the stage for intensified exploration in 2026.

Algorae Pharmaceuticals has secured a $384,466 cash refund from the Australian Taxation Office, reinforcing its financial position to advance AI-driven drug discovery programs.

Lotus Resources plans a significant share consolidation to better align its capital structure with its ASX300 status, aiming to attract a broader investor base. The move, subject to shareholder approval, coincides with a proposed update to the company’s constitution.

Symal Group Limited has announced the acquisition of Timms Group and L&D Contracting, significantly boosting its footprint in Queensland’s civil infrastructure market ahead of the 2032 Brisbane Olympics.

Tempest Minerals has signed a binding option agreement with Green Steel and Iron to develop a green steel facility in Western Australia, integrating its Remorse magnetite project into a low-emission steelmaking venture.

FireFly Metals has launched a dual capital raising initiative, combining a $5 million Share Purchase Plan for eligible shareholders and a C$15 million Canadian flow-through share offer, aimed at funding key development and exploration activities at its Green Bay Copper-Gold Project.

ChemX Materials Limited has successfully completed its voluntary administration process with creditors approving restructuring agreements for both the parent company and its subsidiary HiPurA Pty Ltd. This marks a significant step towards stabilising operations and returning control to the board.

Moonlight Resources Limited is set to raise A$10 million through a fully underwritten IPO, targeting exploration and development of its diverse mineral projects across Australia. The offer includes 50 million shares priced at $0.20 each, with free options attached.