Latest Government It News

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Finico Pty Ltd will not extend its unconditional cash offer for DTI Group shares, set to close on 29 May 2026, signaling a major governance shake-up and potential delisting.
Claire Turing
Claire Turing
22 May 2026
Ballymore Resources has pushed the boundaries of its Torpy’s silver-lead-zinc-indium discovery in North Queensland, with initial results from a fresh 3,000m drilling campaign revealing broad zones of massive sulphide mineralisation closer to surface. Assays are due in June, while a government-backed gravity survey aims to unlock further targets across the Ruddygore corridor.
Maxwell Dee
Maxwell Dee
22 May 2026
Godolphin Resources is spinning out its Narraburra Rare Earths Project into a new ASX-listed entity, Matrix Critical Minerals, with MST Financial appointed to spearhead the IPO expected in the second half of 2026.
Maxwell Dee
Maxwell Dee
22 May 2026
Arafura Rare Earths launches a two-tranche A$350 million placement and a A$25 million share purchase plan, closing the equity funding gap for its Nolans Rare Earths Project ahead of construction.
Maxwell Dee
Maxwell Dee
22 May 2026
Maronan Metals has completed a major share distribution from Red Metal, expanding its shareholder base, while locking in a $22 million strategic investment to fund an ambitious drilling program and feasibility study.
Maxwell Dee
Maxwell Dee
22 May 2026
HIQ Limited has locked in non-dilutive funding from the Victorian Government to underpin a $4.9 million project expanding its manufacturing and research footprint in Victoria, supporting its global growth ambitions.
Sophie Babbage
Sophie Babbage
22 May 2026
Tivan Limited has formalised binding joint venture agreements with Timor-Leste’s state-owned Murak Rai Timor to develop the Baucau and Ossu copper-gold projects, targeting maiden drilling at Ossu in late 2026.
Maxwell Dee
Maxwell Dee
22 May 2026
White Cliff Minerals has landed a CAD$250,000 exploration grant from Nunavut’s government to fund a 6,000m drilling campaign at the Danvers deposit, reinforcing the Rae Copper Project’s potential in a Tier-1 mining jurisdiction.
Maxwell Dee
Maxwell Dee
22 May 2026
Ragusa Minerals has started an induced polarisation geophysical survey at the Black Rock Manganese Mine within its Purple Pansy Project in Arizona, aiming to map high-grade manganese mineralisation and prepare for drilling.
Maxwell Dee
Maxwell Dee
22 May 2026
Oceania Healthcare Limited has delivered a standout FY26 with 16% higher sales, 20% EBITDA growth, and a 19% reduction in net debt, setting the stage for positive cash flow in FY27 despite no dividend declared this year.
Ada Torres
Ada Torres
22 May 2026
Right Resources has identified a significant high-grade tungsten system at its Blue Prospect in NSW, with rock chip assays reaching 4.3% WO3 and a large soil anomaly still open in all directions.
Maxwell Dee
Maxwell Dee
21 May 2026
Avecho Biotechnology has wrapped up the treatment phase for its pivotal Phase III insomnia trial involving 244 participants, setting the stage for an interim efficacy analysis expected in late June 2026.
Ada Torres
Ada Torres
21 May 2026