Latest Government It News

Strata Minerals has won a competitive $200,000 co-funded drilling grant from the WA Government to advance deep diamond drilling at its Penny South Gold Project, aiming to uncover high-grade gold mineralisation near Ramelius Resources’ Penny Mine.

Actinogen Medical has locked in up to $13.8 million in non-dilutive funding tied to its R&D tax incentives, bolstering its cash position as it advances a pivotal Alzheimer’s disease clinical trial.

Sarama Resources has raised A$2.7 million through a well-supported equity placement to fund a maiden drilling campaign in Western Australia's Laverton Gold District and advance its arbitration claim against Burkina Faso.

GTI Energy has successfully raised A$4.5 million through a placement anchored by Snow Lake Energy, a NASDAQ-listed uranium player with a joint venture adjacent to GTI’s Lo Herma project. The funds will accelerate resource expansion and drilling activities.

Western Mines Group is set to restart exploration drilling at its Mulga Tank nickel project in Western Australia, leveraging recent capital raises and government grants to target high-grade nickel sulphide mineralisation and expand its resource base.

NH3 Clean Energy has successfully raised $710,000 through a share placement, boosting funding for its WAH2 clean ammonia export project. This capital injection, alongside convertible note conversions, underscores progress toward the project's final investment decision.

Metallium Ltd has raised A$50 million to accelerate the commercial launch of its patented Flash Joule Heating technology in the U.S., aiming to revolutionize strategic metal recovery from waste and ore. The company is set to commission its first commercial plant in Texas by early 2026, backed by key partnerships and strong institutional support.

Peak Rare Earths has satisfied a critical Tanzanian mining licence condition and secured regulatory consent, advancing its proposed acquisition by a Shenghe subsidiary. The deal still awaits shareholder and further regulatory approvals.

Battery Age Minerals has secured its first drilling permit for the Bleiberg Zinc-Germanium Project in Austria, setting the stage for exploration at one of Europe’s richest germanium sources amid tightening global supply.

Gumtree Australia Markets Limited has agreed to sell its Capital Markets Business to ADVFN Limited for $6.8 million, streamlining its focus and reducing debt significantly.

Black Canyon Limited’s Phase 2 drilling at the Wandanya Project confirms extensive high-grade manganese and iron mineralisation, revealing significant scale and promising exploration upside.

Finder Energy has opened a new office in Dili to support its KTJ oil fields project, signalling a strategic push to embed local operations and partnerships in Timor-Leste.