Latest Government It News

Cyprium Metals has completed the first tranche of a significant capital raise, securing approximately A$74 million to advance its copper development projects in Western Australia. The second tranche awaits shareholder approval, underscoring investor confidence in the company’s growth strategy.

Elanor Commercial Property Fund has lodged an application with the Takeovers Panel, alleging significant disclosure deficiencies in Lederer’s off-market takeover bid and seeking a replacement bidder’s statement.

Elanor Funds Management has lodged an application with the Takeovers Panel contesting disclosure deficiencies in Lederer’s takeover bid for Elanor Commercial Property Fund. The dispute centers on transparency around ownership, management, and strategic intentions.

Mandrake Resources has completed detailed mapping of the Precambrian basement at its Utah Lithium Project, revealing structural features that could concentrate lithium-rich brines. This milestone advances a brine flow modelling study aimed at pinpointing high-grade lithium zones within a 3.3Mt inferred resource.

Variscan Mines has secured official approval of its Restoration Plan for the Novales-Udias Zinc Project in northern Spain, unlocking the path to mine production restart and extensive exploration drilling.

Techgen Metals Ltd has seen its TG1OA securities suspended from ASX quotation due to non-compliance with listing rules, raising fresh questions about the company’s regulatory standing.

St George Mining’s latest drilling assays at the Araxá Project in Brazil reveal exceptional grades of rare earth elements and niobium, signaling a potential major resource upgrade.

Brazilian Rare Earths Limited has obtained the final regulatory approval to operate its rare earth pilot plant in Brazil’s largest petrochemical complex, setting the stage for pilot operations in mid-2026.

COG Financial Services is set to broaden its salary packaging and novated leasing footprint across Australia through the $40 million acquisition of EasiFleet. This strategic move positions COG for upcoming government contracts in key states.

Eclipse Metals is set to launch a diamond drilling program at its Grønnedal Rare Earth Project in Greenland, aiming to expand a substantial rare earth resource. Concurrently, assays reveal promising concentrations of critical minerals rubidium and gallium at Ivigtut, positioning the company strategically within evolving global supply chains.

Ardea Resources’ subsidiary Kalgoorlie Nickel Pty Ltd has formalised a Heritage Agreement with the Marlinyu Ghoorlie Native Title Claimant Group, paving the way for responsible development of the Goongarrie Hub Project in Western Australia.

Johns Lyng Group Limited (JLG) shareholders are set to vote on a scheme of arrangement that would see Sherwood BidCo Pty Ltd, backed by Pacific Equity Partners, acquire 100% of JLG shares at a significant premium. The scheme booklet, now registered with ASIC, outlines a $4.00 per share cash consideration and an option for management shareholders to receive scrip in the acquirer's holding company.