Latest Government It News

Lotus Resources has marked a major milestone with first yellowcake production at its Kayelekera uranium mine in Malawi, progressing steadily towards full production in early 2026 while advancing its Letlhakane project in Botswana.

Codrus Minerals has completed its inaugural drilling campaign at the Bull Run Gold Project with promising assay results, while advancing uranium exploration in Canada and managing a cautious cash position.

Megado Minerals has secured all seven exploration permits for its flagship Iberian Copper Project in Northern Spain, advancing geological mapping and planning airborne geophysics and maiden drilling. The company also raised A$780,000 through an institutional placement and appointed a new independent director.

Challenger Limited reported a robust 9% rise in normalised net profit after tax to $456 million for FY25, alongside an 11% dividend increase, while welcoming APRA's capital reforms that promise to boost its financial resilience and growth in retirement income products.

Li-S Energy has marked a milestone with the production of Australia’s first lithium metal foils and expanded its footprint in the global defense sector, supported by new manufacturing capabilities and strategic partnerships.

Little Green Pharma reported a robust September quarter with revenue exceeding $10 million, driven by growth across all product lines and strong European market performance. The company is poised to benefit from upcoming regulatory reforms and operational efficiencies.

TerraCom Limited reported a robust September quarter with increased coal production and sales, particularly in South Africa and at its Blair Athol mine, while maintaining disciplined cost controls and deferring dividends amid soft coal prices.

S2 Resources has agreed to sell its Fosterville exploration licence to Agnico Eagle for A$17 million and raised an additional A$3 million through a strategic share placement, positioning the company strongly for future exploration.

Critical Minerals Group (ASX – CMG) reports significant progress in vanadium flow battery technology deployment, international supply chain engagements, and mine feasibility studies, positioning itself at the forefront of Australia’s renewable energy storage future.

St George Mining showcased its Araxá rare earths and niobium project at EXPOSIBRAM 2025 in Brazil, highlighting strategic alliances with US processors and ongoing development progress. The company is positioning Araxá as a key non-China supply source amid shifting global rare earths dynamics.

Mineral Resources Limited reported a record quarter with Onslow Iron reaching full capacity and lithium prices surging 31%, while maintaining FY26 guidance and strengthening its Board.

Unith Ltd reports a 32% rise in Q1 FY26 cash receipts and unveils its breakthrough Streaming Avatars technology, alongside a successful $1.85 million capital raise.