Latest Infrastructure News

Omega Oil and Gas has raised A$46 million through a strongly oversubscribed institutional placement, positioning the company to advance its Canyon Project and expand its footprint in Queensland’s Taroom Trough. The capital injection will fund a 2026 drilling program and strategic partnerships amid looming east coast gas supply shortfalls.

Raiden Resources has expanded its exploration footprint at the Vuzel Gold Project in Bulgaria with a new Induced Polarisation survey revealing multiple untested gold and silver targets. Recent Phase 2 drilling assays confirm widespread near-surface gold mineralisation, reinforcing the project's potential.

Altamin Limited has announced a $6.46 million capital raising via a pro rata entitlement offer to fund development of its lithium-potash Lazio Project and zinc-lead Gorno Project in Italy. The majority shareholder Victor Smorgon Group has committed strongly, underpinning the raise.

TG Metals Limited has raised $4 million through a strongly supported placement to fast-track drilling and exploration at its Van Uden Gold Project in Western Australia’s Forrestania Greenstone Belt.

Enegex Limited has voluntarily suspended trading on the ASX as it prepares to announce a significant acquisition and capital raising, heightening market anticipation.

Magnum Mining & Exploration is moving forward with plans to establish a modular processing hub for critical minerals in Nevada, targeting antimony and rare earth elements to support U.S. supply chains.

The Environmental Group's subsidiary EGL Baltec has landed a $9.3 million contract to supply critical gas turbine exhaust systems for an 800MW power plant in the Dominican Republic, reinforcing its role in renewable energy support.

Resolution Minerals has begun a large-scale stream sediment sampling program at its Horse Heaven project in Idaho, aiming to uncover new critical mineral targets and validate geological links with Perpetua Resources’ adjacent Stibnite Gold Project.

Kingsland Minerals’ scoping study confirms the Leliyn Graphite Project in the Northern Territory as a low-cost, globally competitive graphite producer with strong financial metrics and growth potential.

X2M Connect has secured a significant contract to digitise water meters for 6,750 Seoul households, marking a key step in the city's ambitious A$240 million smart metering initiative.

Lithium Energy Limited has completed a detailed Magnetotelluric survey at its White Plains project in Utah, revealing two promising aquifers that could host lithium brine mineralisation. This advancement sets the stage for targeted drilling and resource definition.

Starpharma has entered a landmark collaboration with Genentech to develop innovative cancer therapies using its proprietary DEP® platform, securing $5.5 million upfront and potential milestones exceeding $560 million.