Latest Government It News

Sunshine Metals has initiated diamond drilling at Liontown North, backed by a Queensland government grant, aiming to validate a new geological fold model that could extend the Liontown gold resource. Concurrent drilling at Sybil and upcoming resource updates promise a busy exploration period.

Canterbury Resources has begun drilling a deep 900m diamond hole at its Briggs Copper Project, aiming to unlock new resource potential adjacent to the existing deposit. Supported by a government grant and a joint venture partner, this drilling campaign could reshape the project’s outlook.

BHP Group Limited reported strong FY2025 financial results driven by record copper production and operational excellence, while advancing key growth projects and sustainability goals. The company maintained its dividend payout and navigated cost escalations at the Jansen potash project alongside ongoing Samarco dam failure remediation.

Four months after merging with Auswide, MyState reports robust FY25 growth, boosted by operational synergies and strategic investments.

Sims Limited reported a 4.1% rise in FY25 sales revenue to A$7.494 billion and a near tripling of underlying EBIT to A$174.9 million, driven by improved trading margins and strong growth in lifecycle services. The company’s strategic focus on decarbonisation and circular economy positions it well for sustained demand, especially from AI-driven data centre expansion.

Alma Metals has initiated a 900m deep diamond drilling program at its Briggs Copper Project, targeting a key geophysical anomaly adjacent to existing resources. Supported by a $250,000 Queensland Government grant, early drilling has revealed visible copper mineralisation, with assay results anticipated next quarter.

Metals Australia has dramatically expanded its Lac Carheil Graphite Project resource in Quebec, tripling contained graphite to 5.1 million tonnes and advancing a pre-feasibility study that positions the project as a key player in North America's critical minerals landscape.

Deterra Royalties delivered a robust FY25 with a 10% revenue increase and a strategic acquisition that diversifies its commodity exposure. The company’s flagship iron ore royalty remains a strong cash generator as the Thacker Pass lithium project moves into construction.

SRG Global has delivered record financial results for FY25, marked by strong revenue growth and a transition to net cash, while setting an optimistic profit guidance for FY26.

SRG Global has posted a record FY25 financial performance, driven by strong organic growth and strategic acquisition integration, setting the stage for continued expansion in FY26.

SRG Global Limited has reported a landmark FY25 with revenue surpassing $1.3 billion and net profit rising 38%, driven by strategic acquisitions and robust contract wins across Australia and New Zealand.

Amplitude Energy Limited reported a 22% revenue increase to A$268.1 million for FY25, narrowing its net loss significantly while progressing its East Coast Supply Project with a new joint venture partner.