Latest Government It News

Tribune Resources reported steady gold production of 8,916 ounces in the June 2025 quarter, alongside significant exploration drilling and a stronger cash position.

Energy Transition Minerals Ltd made significant strides in its Greenland arbitration and secured preferred bidder status for a strategic Spanish critical minerals project, maintaining a robust cash position.

Andromeda Metals has advanced funding and technical milestones for its Great White Project, securing a $75 million debt facility and validating its kaolin product for industrial ceramic applications.

Strategic Energy Resources has progressed key copper-gold projects in Queensland, securing government funding and advancing surveys with Fortescue, while divesting a non-core asset to sharpen its focus.

Merino & Co reported a robust quarter highlighted by the successful launch of its Merino possum range, strategic international hires, and a solid cash position of $3.02 million, positioning the company for sustained expansion.

Genesis Resources has completed its acquisition of full ownership of the Plavica project in North Macedonia and is advancing environmental studies while preparing for drilling campaigns in Australia’s Northern Territory.

Centuria Capital No. 2 Fund confirms full compliance with note terms and stable loan positions in its Q4 FY25 report, reassuring investors amid a steady operational quarter.

Riedel Resources Limited has progressed its Kingman Project in Arizona, securing $1.4 million in fresh capital to fund drilling and development activities at the high-grade Tintic deposit. The company also strengthened its board with the appointment of an experienced independent director.

Discovery Alaska Limited has terminated its Vinasale Gold Project lease to conserve funds, while maintaining full ownership of the Chulitna Gold Project and exploring new opportunities to boost its portfolio.

Icon Energy Limited reported a stable cash position of $431,414 at the end of June 2025, with no exploration activity during the quarter as it awaits final approval of Petroleum Lease PL-1144. The company plans to pursue joint venture partnerships once the lease is granted.

BWP Property Group and BWP Trust have launched a new Distribution Reinvestment Plan allowing stapled securityholders to reinvest cash distributions into additional securities, potentially at a discount and without transaction costs.

Biotron Limited has successfully raised $1.27 million through an entitlement issue to fund its antiviral drug development, including a promising Hepatitis B compound that cleared its initial animal safety study.