Latest Government It News

Mandrake Resources has signed a term sheet with DISA Technologies to explore recovering uranium and critical minerals from abandoned mine waste in Utah, leveraging a unique US regulatory license and strong government backing.

Viridis Mining and Minerals has secured a pivotal non-binding Letter of Support from Bpifrance, confirming eligibility for strategic financing of its Colossus Rare Earths Project in Brazil. This milestone propels the project closer to final investment decision and strengthens its position in the critical minerals supply chain.

Jade Gas Holdings has signed a non-binding Letter of Intent with Chinese partner Langrun for up to A$70 million in non-dilutive financing to fast-track its Red Lake LNG project in Mongolia. This deal could significantly advance drilling, production, and gas processing operations.

AUB Group has approved EQT's partnership with CVC Asia Pacific to jointly pursue a $45 per share acquisition, extending exclusivity to December 4 as due diligence continues.

Dynamic Metals Limited is progressing exploration licence applications for the Meentheena Fluorite Field in Western Australia, targeting a historically high-grade fluorite deposit critical to clean energy and semiconductor industries.

Perpetual Credit Income Trust (PCI) has announced a $267 million entitlement and shortfall offer priced at $1.10 per unit, aiming to bolster its investment capacity in Australian credit markets. The offer presents a 9.1% discount to recent trading prices and is designed to enhance liquidity and scale for existing and new investors.

SportsHero Limited has resumed trading on the ASX following a Supreme Court ruling addressing the company’s failure to lodge required cleansing notices for recent share issues.

Lunnon Metals has secured shareholder approval for its Ore Purchase Agreement and chosen Hampton Mining as the preferred contractor for its Lady Herial gold open pit, moving closer to operational commencement pending regulatory permits.

Invex Therapeutics Ltd has been suspended from trading on the ASX due to a failure to maintain the minimum number of directors required by law. The suspension will remain until the company rectifies its governance structure and complies with listing rules.

PMET Resources reports a positive feasibility study for its flagship Shaakichiuwaanaan lithium project, revealing a maiden mineral reserve and advancing environmental and exploration milestones.

TT Investments has launched an unconditional $0.31 per security takeover bid for 360 Capital Group, aiming to delist the company from the ASX. The Independent Board Committee recommends acceptance amid significant premiums and looming governance changes.

Regal Asian Investments Limited has announced an on-market buy-back of its ordinary shares, set to run from November 2025 through November 2026, signaling a strategic move to manage its capital structure.