Latest Government It News

Black Rock Mining advances its Mahenge Graphite Project with key power infrastructure agreements, a $25 million funding increase, and benefits from new US tariffs on Chinese graphite imports.

Askari Metals has launched a comprehensive regional exploration program at its Nejo Gold and Copper Project in Ethiopia, targeting high-grade gold and copper mineralisation with drilling planned for late 2025.

Genmin Limited’s latest quarterly cash flow report reveals significant cash outflows and a critical liquidity shortfall, prompting urgent funding measures including new loans and convertible notes.

Somerset Minerals has completed its acquisition of the Coppermine Project in Nunavut, Canada, becoming the region's largest landholder and confirming significant high-grade copper mineralisation through initial exploration.

Horizon Minerals reported steady gold output from Boorara and Phillips Find projects, generating nearly A$39 million in revenue for the June quarter, while progressing a major plant conversion study and securing $30 million in new funding.

RTG Mining has locked in a binding finance and offtake agreement with Glencore to kickstart Stage 1 of its high-grade Mabilo Copper and Gold Project in the Philippines, while advancing exploration at its Chanach project in Kyrgyzstan and progressing redevelopment talks for Panguna in Bougainville.

Raptis Group has entered a facilitation agreement to source funding for the Sterling Residences Broadbeach project, potentially earning up to $16 million in commission fees upon completion and unit settlements.

PVW Resources Limited has appointed David Wheeler as Non-Executive Chairman while director Colin McCavana has resigned, marking a notable shift in the company’s leadership.

Sun Silver Limited reports breakthrough high-grade silver-gold intercepts at Maverick Springs alongside a $30 million capital raise to accelerate exploration and development.

Trigg Minerals has significantly expanded its Antimony Canyon Project in Utah, defining a robust exploration target and securing $12.5 million to advance development. Strategic appointments and a processing study signal its ambition to become a key US antimony supplier.

Brockman Mining Limited reports steady progress on its Marillana and Ophthalmia iron ore projects through joint ventures with Mineral Resources and Hancock Prospecting, alongside ongoing infrastructure and social engagement efforts.

Western Yilgarn NL has significantly expanded its bauxite portfolio with the acquisition of the Cardea projects, lifting its total JORC bauxite resources to 188 million tonnes, while also securing a promising new gold project in Western Australia’s Gascoyne region.