Latest Government It News

Uvre Limited reports standout rock chip assays up to 18.4g/t gold from its pending acquisition of Otagold Ltd, setting the stage for a maiden drilling campaign at the Waitekauri project near OceanaGold’s Waihi mine.

BWP Trust proposes to internalise its management by acquiring BWPM from Wesfarmers for $142.6 million, restructure 62 Bunnings leases to extend lease terms and options, and commit $86 million to capital upgrades. The transaction is forecast to be accretive to FY2026 distributions and requires investor approval.

BWP Trust and Wesfarmers have agreed on a transformative $142.6 million transaction involving management internalisation, lease extensions with Bunnings, and capital commitments to upgrade stores, aiming to boost income certainty and distribution growth.

Following its merger with IDM International, Blackstone Minerals announces key board and management changes to spearhead development of the Mankayan Copper-Gold Project in the Philippines.

ALS Limited reported a robust FY25 with 16% revenue growth to AUD 3 billion, underpinned by strong organic expansion and key acquisitions. Despite slight NPAT decline, the company advances its sustainability agenda and invests in global lab upgrades.

Mandalay Resources Corporation has agreed to a plan of arrangement to be acquired by Alkane Resources Limited through its wholly owned subsidiary. Mandalay shareholders will receive 7.875 Alkane shares for each Mandalay share held, creating a combined gold and antimony producer with a strong balance sheet and diversified operations across Australia and Sweden.

Kelly Partners Group Holdings has completed its first capital raising since its 2017 IPO, issuing shares at a premium to its Operating Partners and reinforcing their stake in the business.

Alkane Resources has secured key regulatory approvals from FIRB and ASIC, paving the way for its planned merger with Mandalay Resources. This milestone brings the companies closer to creating a diversified Australian gold and antimony producer.

Sprintex secures a key deposit from Mest Water to develop new compressors for mobile manure processing systems, leveraging a Dutch government subsidy aimed at thousands of small farms.

Larvotto Resources has obtained formal approval from NSW authorities for a key development modification at its Hillgrove Antimony-Gold Mine, clearing the way for a 2026 production restart backed by strong market fundamentals.

Orpheus Uranium announces key board retirements and leadership shifts as it intensifies its focus on uranium exploration and project acquisitions.

Xstate Resources Limited has announced a re-compliance capital raising to fund its acquisition of a 51% interest in the Diona Project in Queensland and the drilling of the Diona-1 well, aiming to resume ASX trading.