Latest Government It News

Syrah Resources halts production at its Balama graphite mine amid ongoing protests while advancing its US-based Vidalia anode material facility, securing a significant $165 million US tax credit and forging key offtake deals.

MRG Metals has advanced its Mozambique joint venture with Sinowin Lithium, securing the Corridor Central mining licence and confirming high-grade heavy mineral sands at Marao’s Magonde target through recent assay results.

Killi Resources advances exploration at its Mt Rawdon West Project with significant gold-copper-silver mineralisation at Baloo and Kaa prospects, while Gold Fields progresses the West Tanami JV. The company strengthens its board and maintains a solid cash position to fuel ongoing activities.

AKORA Resources has confirmed a robust Pre-Feasibility Study for its Bekisopa iron ore project in Madagascar, highlighting strong financial metrics and government support that pave the way for a 2Mtpa direct shipping ore operation.

Triangle Energy reported a $9.85 million cash balance for the March quarter, plugged the Becos-1 well after disappointing results, and agreed to defer the Cliff Head asset sale to Pilot Energy until 2026.

Donaco International reported a modest revenue and EBITDA decline in Q3 FY2025 but strengthened its cash reserves. Meanwhile, the company agreed to a full acquisition scheme at a significant premium, setting the stage for shareholder decisions amid regulatory uncertainties.

Prodigy Gold has updated its Hyperion Gold Deposit resource, increasing gold ounces by 7% to 435,000 oz, supported by promising metallurgical testwork indicating high recoveries. The Tanami North Project now holds nearly half a million ounces of gold resources, setting the stage for further development.

FINEOS Corporation Holdings PLC reported a robust first quarter for FY25, with cash balances soaring to €35.4 million and customer receipts up 40% year-on-year, underpinned by successful platform deployments and a healthy sales pipeline in North America.

G8 Education reported a robust 2024 financial and operational performance at its 2025 AGM, highlighting strategic progress and cautious optimism for 2025 despite early occupancy headwinds.

BrainChip Holdings advanced its neuromorphic AI technology through significant contracts with the Swedish National Space Agency and the U.S. Air Force, while exploring a potential redomiciling to the US. The company reported steady cash outflows and ongoing strategic partnerships.

Emerald Resources NL reported a solid March quarter with 19.1Koz gold production at Okvau, full debt repayment, and significant resource expansions at its Cambodian and Australian projects.

Aroa Biosurgery reports a second consecutive quarter of positive operating cash flow and record sales for its Myriad product line, while maintaining full-year FY25 revenue and EBITDA guidance.