Latest Government It News

Carnegie Clean Energy has signed a pivotal Memorandum of Understanding with BiMEP to develop a 6MW wave energy array in Spain’s Basque Country, marking a significant step in commercialising its CETO technology.

Carawine Resources advances exploration planning at Paterson and other projects while facing a pivotal court decision on shareholder compulsory acquisition and securing a $1.7 million loan to sustain operations.

Viridis Mining and Minerals has been selected by Brazil's BNDES and FINEP to receive significant funding under a US$903 million strategic minerals initiative, accelerating its Colossus rare earths project and downstream operations.

Sprintex has landed a landmark three-year private-label supply agreement worth A$9.3 million with Guangdong Baode Technology, marking its entry into China’s vast aquaculture market.

MyEco Group reported an 8.6% increase in FY25 sustainable product sales, driven by strong growth in its MyEco® brand globally. The company is executing an operational restructure expected to deliver $2.5 million in cost savings in FY26 while navigating volatile resin markets and US tariff uncertainties.

Peak Rare Earths advances its Ngualla project with a proposed A$158 million acquisition by Shenghe Resources, alongside a successful A$7.5 million capital raise and rising rare earth prices.

WA1 Resources has reported a 10% increase in the Luni niobium deposit resource, with improved grades and confidence in key zones, alongside strategic board appointments and a solid cash position.

Perseus Mining delivered a strong June 2025 quarter, hitting production targets and maintaining a robust cash position of US$827 million, while progressing major projects including the Nyanzaga Gold Project in Tanzania.

Power Minerals has received crucial environmental and hydrological approvals to begin drilling at its Pocitos Project in Argentina, a vital step toward establishing a lithium carbonate production hub in the Lithium Triangle.

Megado Minerals has completed the acquisition of an 80% stake in the Iberian Copper Project in Northern Spain, backed by overwhelming shareholder support. The company is advancing geological mapping and preparing for drilling later this year, while also raising A$780,000 through an institutional placement.

Brazilian Critical Minerals reports exceptional pilot field trial results at its Ema rare earth project, advancing permitting and feasibility studies while attracting strong market interest.

Invictus Energy is preparing to drill the high-impact Musuma-1 exploration well outside its Mukuyu discovery area, while securing National Project Status for its Cabora Bassa Project in Zimbabwe.