Latest Government It News

Silver Metal Group has finalized the sale of its Texas Project to Danola Pty Ltd, shedding significant operational costs and environmental liabilities as it refocuses its strategic priorities.

LEO Lithium Limited has confirmed the precise details of its special dividend, finalizing a total distribution of 17.2 cents per share following shareholder approval for a return of capital component.

Vertex Minerals has commenced commissioning at its Reward Gold Mine, processing the first ore through a newly installed gravity gold plant. The company anticipates first commercial gold sales by February, marking a significant milestone in its high-tech, environmentally conscious mining strategy.

KGL Resources announces the resignation of CEO Phillip Condon, with Chairman Jeff Gerard stepping in as Executive Chairman during the search for a new leader. The company remains focused on advancing the Jervois Copper Project’s feasibility and independent technical reviews.

Global Health Limited reported a robust 22% increase in customer receipts for the December 2024 quarter, alongside a significant improvement in operating cash flow, positioning the company well amid ongoing healthcare sector challenges.

Pantera Lithium has completed a detailed 3D geological model confirming the potential of its Arkansas lithium brine project and raised over $2 million to fund exploration despite initial drilling setbacks.

Charter Hall Wholesale Management Limited has secured majority control of Hotel Property Investments (HPI) with a 63.7% voting stake and the HPI board now recommends acceptance of the all-cash takeover offer valued at $3.752 per security.

Traffic Technologies Limited has landed a significant $3 million contract to supply smart LED streetlights to the City of Sydney, with potential extensions pushing the deal’s value to $5 million over nine years.

Liontown Resources has delivered a robust December quarter, achieving positive net cash flow and record production at its Kathleen Valley lithium project, reinforcing its path to becoming a major sustainable spodumene supplier.

Lode Resources Ltd has reported inaugural high-grade drill assay results from its Montezuma Antimony Project in Tasmania, revealing wider and richer mineralisation than previously known, including significant antimony, silver, gold, copper, and tin.

Terramin Australia’s attempt to secure a mining lease for its Bird in Hand Gold Project has been rejected by the South Australian Supreme Court, which upheld the government’s refusal and reservation of the land. The company is set to appeal, keeping the project’s future uncertain.

NOVONIX announces the departure of CEO Dr. Chris Burns, with CFO Robert Long stepping in as interim CEO amid plans to scale production at its Riverside facility.