Latest Government It News

LGI Limited reported robust FY25 results with a 14% rise in EBITDA and secured six new contracts, positioning the company for a 25-30% EBITDA increase in FY26. Key project completions and expansions underpin this momentum.

Alma Metals reports promising assay results from the top 231m of its deepest drill hole at the Briggs Copper Project, confirming continuous copper mineralisation and prompting an extension of the drilling program.

Horizon Oil Limited reported robust FY25 results, highlighted by a strategic acquisition of Thailand upstream assets and a 10-year permit extension at Maari, nearly doubling production and securing a strong outlook through 2030.

Red Mountain Mining Ltd has made a strong entrance on the US OTCQB market, surging 36% on its first day of trading as it advances key antimony and gold projects across the US and Australia.

Enegex Limited has completed its acquisition of Famien Resources and appointed Paul Roberts as Managing Director, signaling a strategic shift aimed at accelerating gold exploration efforts.

Narryer Metals reports promising early results using an organic acid to extract rare earth elements at its Rocky Gully project, highlighting potential for cost-effective and sustainable processing.

Canterbury Resources reports encouraging initial assay results from deep drilling at its Briggs copper deposit, confirming robust mineralisation and extending exploration potential. Further results and drilling progress are set to shape the project's next phase.

Tivan Limited has made significant progress on its Speewah Fluorite Project in Western Australia, completing a major drilling phase and advancing its Feasibility Study, now scheduled for completion in February 2026. The project aims to produce acidgrade fluorspar for global markets, supported by strong joint venture partnerships and strategic financing.

Acusensus Limited has raised its FY26 revenue guidance to $83-$87 million, driven by significant new contracts in the US and New Zealand and expansions in Australia. This upgrade signals strong momentum in the company’s AI-powered road safety enforcement business.

Cyclopharm Limited reaffirms its ambitious target of 250–300 US Technegas installations by late 2026, driven by FDA approval, CMS reimbursement, and a growing pipeline of healthcare sites. The company reports record half-year revenue growth, signaling strong momentum in the expanding lung imaging market.

Lark Distilling Co. Ltd reported a 12% increase in FY25 revenue to $15.6 million, bolstered by a strategic partnership with Seppeltsfield Wines and a successful brand restage. The company also announced a leadership change with a new CEO set to take the helm in January 2026.

Geopacific Resources has extended the Woodlark Gold Project Definitive Feasibility Study to Q1 2026, aiming to integrate optimisation and de-risking measures amid a gold price surge and promising drilling results.