Latest Government Support News

AKORA Resources has secured a 25-year mining permit for its high-grade Bekisopa iron ore project in Madagascar, marking a pivotal step from exploration to development and unlocking new financing and partnership opportunities.

AusQuest Limited reports strong assay results from its Cangallo project in Peru, revealing a large, continuous copper-gold mineralised system with promising high-grade intervals and plans for extensive follow-up drilling.

St George Mining has announced a significant 75% increase in the Mineral Resource Estimate for its Araxá Rare Earths-Niobium Project in Brazil, reinforcing its Tier 1 status and underpinning future development plans.

Sunrise Energy Metals has completed a feasibility study for its Syerston Scandium Project, revealing a low-cost, long-life operation poised to supply critical scandium amid tightening Chinese export controls. The project targets production by mid-2028 with strong government backing and a growing global market.

Magnetite Mines Limited has announced a renounceable rights issue aiming to raise up to $3.92 million to fund exploration across its South Australian tenements and advance the Razorback Iron Ore Project, recently awarded Major Project Status.

Lynas Rare Earths has secured a 10-year renewal of its Malaysian operating licence, providing a significant boost to its investment certainty and supply chain stability.

6K Additive, a US-based metal powder innovator, reports a 3.85% revenue dip to US$17.7 million and narrows net loss to US$17.9 million in its first ASX-listed year. The company plans a fivefold capacity expansion backed by significant government grants and a US$27.4 million loan.

American Tungsten & Antimony Ltd’s initial exploration at Dutch Mountain reveals a larger-than-expected tungsten system, supported by a fully permitted processing facility that could accelerate development in Utah’s Clifton Mining District.

Red Mountain Mining is making significant strides in its US critical minerals portfolio, reporting strong antimony assay results and gearing up for extensive exploration programs. The company’s projects align closely with US and Australian government initiatives to secure domestic critical metal supplies.

Viva Energy Group Limited reported a significant net loss for 2025, driven by retail asset impairments, yet underlying profits and strategic investments signal resilience and a clear path forward.

Genesis Energy has reported a record first-half normalised EBITDAF of NZ$307 million, underpinned by strong hydro inflows and portfolio flexibility, while announcing a $400 million equity raise to accelerate its renewable growth strategy.

Cambium Bio has secured FDA clearance to begin Phase 3 dosing for its lead ophthalmology product, Elate Ocular®, alongside key global partnerships and a $2.4 million capital injection from a major shareholder.