Latest Government It News

Felix Group Holdings has successfully closed its Share Purchase Plan, raising an additional A$0.5 million following a substantial A$16 million institutional placement. The funds will support the company’s strategic acquisition of Nexvia and further platform development.

ABx Group has locked in a significant investment deal with Good Importing International to develop its bauxite projects in Queensland and New South Wales, positioning itself to capitalize on recent global supply disruptions.

Locate Technologies plans to transfer its listing from the ASX to the New Zealand Exchange, aiming to unlock greater flexibility for its Bitcoin Treasury Strategy. Shareholders will exchange their shares for NZX-listed equivalents, with the transition expected by late November 2025.

The Mongolian government has officially endorsed a key highway project under a public-private partnership, aligning with Aspire Mining’s infrastructure plans and significantly de-risking its Ovoot Coking Coal development.

Camplify Holdings has responded to ASX concerns over a delayed director interest notice, revealing internal process failures and promising tighter compliance measures.

Hamelin Gold reports encouraging shallow gold mineralisation at its Fremlins South prospect in Western Australia’s West Tanami, with ongoing drilling programs expanding exploration across multiple targets.

icetana Limited reveals delays and payment uncertainties in its Baghdad Safe City project, raising questions about revenue timing and project execution.

Enova Mining has narrowed its half-year loss to $1.07 million while progressing key rare earth and lithium projects in Brazil and Australia, supported by recent capital raises totaling $2.35 million.

Lion Selection Group Limited reported a robust $39.2 million net profit for the year ended July 2025, driven by strong mark-to-market gains and strategic investments in Australian mining companies. The company’s portfolio value nearly doubled, reflecting timely market moves and a focus on precious and base metals.

Downer EDI Limited has won a $3.05 billion contract to provide base and estate services to the Australian Department of Defence, significantly expanding its operational regions and responsibilities over the next decade.

Syrah Technologies has secured a US$11.7 million cash payment from the US government under the Inflation Reduction Act, marking a significant financial boost for its Vidalia Active Anode Material facility.

Zenith Minerals reports compelling gold assay results from its 2025 drilling campaign at Queensland’s Red Mountain Project, revealing broad mineralised zones with high-grade intervals and confirming the project’s potential as a significant intrusion-related gold system.