Latest Government It News

McLaren Minerals reported a challenging quarter with net cash outflows and limited funding runway, prompting plans for a capital raise to support its upcoming Bankable Feasibility Study.

Cobalt Blue Holdings advances its Kwinana Cobalt Refinery with a critical Works Approval and secures letters of intent covering 70% of initial production, while its Broken Hill Cobalt Project gains a three-year Major Project Status extension.

Energy Technologies Limited reported a 33.4% increase in quarterly cash receipts alongside a 55% reduction in cash outflows for 1Q FY2026, signaling improved operational efficiency and liquidity management.

Norwood Systems reports a second consecutive quarter of positive operating cash flow, enabling debt reduction and progress in key projects with Optus and Microsoft. The company also secured multiple industry awards, underscoring its innovation momentum.

Culpeo Minerals has completed its maiden diamond drilling at the La Florida Prospect, revealing promising high-grade copper mineralisation and setting the stage for expanded exploration in Chile’s prolific Coastal Cordillera.

Kingsgate Consolidated Ltd reported a record September quarter at its Chatree Gold Mine, with gold production surging 18% to nearly 24,000 ounces and silver output exceeding 200,000 ounces. Strong metal prices and operational efficiencies lifted cash and bullion holdings to A$115 million.

Identitii Limited has signed six new data sharing agreements with NSW clubs, expanded its BNDRY platform capabilities, and welcomed major shareholder Cameron Beavis to its board, signaling strong momentum ahead.

Lakes Blue Energy marked a pivotal quarter with its ASX reinstatement, a $5.8 million capital raise, and completion of the Wombat-5 well, setting the stage for imminent production testing and resource upgrades.

COSOL Limited reports a $7-8 million revenue shortfall in H1 FY26 amid macroeconomic pressures but pivots towards higher-margin Asset Management as a Service contracts and cost efficiencies to stabilize performance.

Altech Batteries has launched immediate sales of sodium nickel chloride batteries through a strategic collaboration with AMPower, while advancing its flagship CERENERGY project in Germany with strong funding and prototype milestones.

Green & Gold Minerals has successfully listed on the ASX, raising $5.7 million to fund drilling at its Chillagoe Gold Project, with initial results expected soon. The company also holds promising critical minerals prospects in Queensland.

Catalina Resources has reported significant gold and rare earth element mineralisation from its Laverton drilling campaigns and secured a 100% interest in the Beasley Creek Gold Project, positioning itself for growth in Western Australia’s mineral sector.