Latest Government It News

Emerald Resources' Okvau Gold Mine production dipped in Q1 due to heavy rains, yet the company holds firm on its FY2026 output targets and ambitious expansion plans.

Opthea Limited has received a substantial A$10.8 million R&D tax incentive from the Australian government, reinforcing its commitment to advancing its novel drug candidate sozinibercept. This funding milestone underscores the company’s strategic focus on innovation and fiscal discipline.

S2 Resources has commenced a two-month drilling campaign at its Warraweena project in northern NSW, targeting six geophysical anomalies with potential for multiple valuable mineral deposits. A follow-up gravity survey is advancing to refine these targets further.

Electro Optic Systems has landed a significant A$108 million contract to supply remote weapon systems for the Australian Defence Force’s LAND 400-3 project, integrating its technology with Hanwha’s Redback Infantry Fighting Vehicles.

Predictive Discovery Limited and Robex Resources have announced a merger to create a leading mid-tier gold producer in West Africa, targeting over 400,000 ounces of annual gold production by 2029. The combined entity, MergeCo, will leverage advanced projects in Guinea and Mali, enhancing scale and capital market presence.

Castile Resources has addressed a recent spike in its share price and trading volume, attributing the movement to rising metal prices and progress on its flagship mining project.

Acumentis Group Limited has acquired a significant minority stake in its Mandurah franchisee, Valuations Pty Ltd, aiming to boost earnings and deepen collaboration across Western Australia and nationally.

Felix Gold Limited has been found in breach of ASX continuous disclosure rules after delaying the announcement of a U.S. federal site visit to its Alaska antimony project, prompting an internal review of its disclosure policies.

Felix Gold Limited confirmed the materiality of a senior US federal officials' visit to its Treasure Creek Antimony Project, explaining the delayed disclosure was due to legal restrictions imposed by US authorities. The company affirmed compliance with ASX continuous disclosure rules following the announcement.

DigitalX Limited has responded to ASX queries, affirming the legality of its cryptocurrency treasury strategy and outlining plans to expand Bitcoin holdings significantly by 2027 to support its digital asset business.

Eildon Capital’s Independent Board Committee plans to recommend acceptance of Samuel Terry Asset Management’s increased takeover offer, valuing the company at a 24.1% premium. The move signals a likely shift in ownership and potential ASX delisting.

Ionic Rare Earths Limited’s IXRO securities have been suspended from ASX quotation due to non-compliance with listing rules, raising questions about the company’s regulatory standing.