Latest Infrastructure News

Excite Technology Services has landed a $676,000 contract with the Department of Home Affairs to enhance national digital forensics capabilities, marking a significant step in its government IT services growth.

Microba Life Sciences has raised $14.5 million to accelerate clinical adoption of its microbiome testing products, while narrowing its FY25 revenue guidance and signing a strategic UK laboratory agreement.

New World Resources has received a conditional, non-binding takeover proposal from Kinterra Capital to acquire all remaining shares at A$0.057 each. The board is currently reviewing the offer amid ongoing market speculation.

Boab Metals has successfully raised $6 million through a share placement and an ATM set-off, positioning the company to advance its Sorby Hills Project in Western Australia.

Larvotto Resources has secured preliminary regulatory approval to extend mining at its Hillgrove Gold-Antimony Mine through 2026, paving the way for project financing and production ramp-up.

African Gold Ltd has announced a remarkable 119% increase in the inferred gold resource at its Blaffo Guetto prospect in Cote d’Ivoire, now approaching 1 million ounces. With $12 million in funding secured, the company is set to accelerate drilling to unlock further potential across the Didievi Project.

Estrella Resources has reported a significant 7.76-metre manganese oxide intercept at its Ira Miri Project in Timor-Leste, marking a promising start to its maiden drilling campaign in this underexplored region.

Downer EDI Limited has successfully refinanced $1 billion of its syndicated sustainability linked loan facility, extending maturities and improving its debt maturity profile amid upcoming bond repayments.

Critica Limited has entered a farm-in agreement with Ausgold Limited for its Kulin Gold Project, allowing Ausgold to earn up to 70% interest by funding exploration. This strategic move enables Critica to concentrate resources on its flagship Jupiter Rare Earth Element Project, Australia's largest high-grade clay-hosted rare earth deposit.

Kingston Resources has restarted gold concentrate production at its Mineral Hill mine, marking a significant step in its transformation into a multi-product operation. The company aims to begin copper concentrate sales by mid-2026 as it transitions to underground mining.

X2M Connect has secured a $3 million deal to supply 100,000 IoT-connected personal safety devices for Seoul’s 2025 Smart City initiative, with potential to scale to one million units.

Solis Minerals has intersected promising copper-gold mineralisation including visible gold at its Chancho al Palo prospect in Peru, with assays expected in July/August 2025. The initial drill hole confirms the presence of both IOCG and porphyry-style systems in a highly prospective region.