Latest Government It News

Freightways has reported solid financial results for FY25 with revenue up 6.6% and net profit rising nearly 13%, alongside an 8% dividend increase. The company’s robust Q1 FY26 trading update highlights continued momentum driven by market share gains and operational efficiencies.

Pivotal Metals Limited has announced a C$2.6 million flow-through share offer targeting Canadian investors, aimed at funding critical minerals exploration in Quebec. The offer complements a concurrent institutional placement, underscoring the company’s aggressive growth strategy amid significant operational risks.

Tungsten Mining NL reports strong progress on its Mt Mulgine Project, leveraging soaring tungsten prices and a new gold resource estimate to drive development. The company also raises $9.5 million and initiates a US OTCQB listing process.

Genesis Resources advances its exploration portfolio with 100% ownership of the Plavica project in North Macedonia and completes follow-up drilling in Australia, awaiting assay results.

Volt Resources has secured strategic funding and relocated its US operations to Alabama, advancing its graphite refinery ambitions while winning a key legal battle in Ukraine.

Kalamazoo Resources Limited reported a cash position of A$1.375 million at the end of September 2025, highlighting ongoing negative cash flows but confidence in securing future funding to sustain operations.

Gathid Ltd reports a stable customer base despite a short-term dip in annual recurring revenue, while managing ongoing legal disputes and positioning for renewed growth.

Lithium Energy Limited is progressing exploration and development across multiple battery mineral projects following the sale of its flagship Solaroz Lithium Project, while working to meet ASX reinstatement conditions.

Kingsland Minerals’ latest quarterly report confirms the economic viability of its Leliyn Graphite Project, producing ultra-high purity spherical graphite suitable for battery anodes. The company also advances gallium by-product testwork and completes a capital raise to support development.

Morella Corporation’s September quarter report reveals significant progress in its diversified critical minerals portfolio, including new titanium-vanadium exposure and streamlined US lithium assets. The company is gearing up for drilling and resource definition in 2026, supported by strengthened funding.

Iltani Resources has reported a maiden Mineral Resource Estimate for its Orient West Silver-Indium Project alongside record high-grade drill results at Orient East, supported by $8 million in new funding from Queensland Investment Corporation.

Rapid Critical Metals has advanced its strategic silver portfolio in New South Wales through a $14 million capital raise, key acquisitions, and the start of drilling at its flagship projects, positioning itself for significant growth.