Latest Government It News

European Metals Holdings has received a $36 million EU grant to support its Cinovec Lithium Project in the Czech Republic, while progressing its Definitive Feasibility Study and environmental permitting.

Brookside Energy Limited reported a strong quarter with the Bruins well commencing production, solid contributions from Gapstow wells, and a disciplined capital strategy including a new share buy-back program.

Rio Tinto reported robust half-year results with $11.5 billion underlying EBITDA, advancing key projects and completing a major lithium acquisition amid challenging market conditions.

Caravel Minerals has secured a $15 million non-dilutive loan facility to fund the Definitive Feasibility Study for its Caravel Copper Project, alongside finalising a simplified process flowsheet and initiating key engineering tenders.

Astron Corporation Limited’s securityholders have overwhelmingly approved a scheme to shift the company’s domicile from Hong Kong to Australia, setting the stage for a significant corporate restructuring.

Locality Planning Energy Holdings has appointed Craig Chambers as Chairman and reported a cashflow positive year, reaffirming a net profit guidance of $3.0 to $3.5 million for FY25.

Jameson Resources has significantly boosted the economic outlook of its Crown Mountain Hard Coking Coal Project, doubling its pre-tax NPV to US$942 million, while advancing environmental approvals and Indigenous partnerships in British Columbia.

The Takeovers Panel has decided not to declare unacceptable circumstances following Keybridge Capital's challenge to Yowie Group's off-market takeover bid, which has now been withdrawn.

Dome Gold Mines reports delays in its Sigatoka desilting project due to local activist opposition, while progressing its feasibility study and securing key license renewals in Fiji.

The Takeovers Panel has declined to find unacceptable circumstances in two recent applications concerning Yowie Group's share placement and related fund unit issues, providing clarity on governance and control matters.

Krakatoa Resources is set to begin its first drilling campaign at the Zopkhito Antimony-Gold Project in Georgia, backed by a recent $1.66 million capital raise to fund exploration and resource conversion efforts.

Volt Resources reports robust progress on its Alabama Graphite Refinery scoping study, strategic partnerships in Tanzania, and resilient production in Ukraine, positioning itself strongly amid evolving graphite market dynamics.