Latest It Consulting News

Australian Pacific Coal Limited has voluntarily suspended trading following the appointment of administrators and receivers at its Dartbrook Mine operator entities, signaling significant financial distress within the joint venture.

Creditors of Mosaic Brands Limited and its associated companies have resolved to place the group into liquidation, marking a significant development in the retailer’s ongoing financial distress.

Theta Gold Mines has successfully closed a US$4 million private placement, issuing over 47 million shares and nearly 24 million options to strengthen its South African gold projects. This capital injection supports advancing the TGME Underground Project, backed by a robust feasibility study.

Iltani Resources reports continued high-grade silver-indium intersections from recent drilling at its Orient West project, reinforcing its status as Australia’s premier silver-indium discovery. The company is on track to deliver an initial JORC Resource estimate by the end of July 2025.

Megado Minerals has completed a A$780,000 placement to institutional investors, issuing 39 million shares and attaching options to fund its Iberian Copper Project and working capital needs.

Proteomics International has secured a dedicated US reimbursement code for its next-generation PromarkerD test, a key step towards broader adoption in diabetic kidney disease diagnostics.

FAR Limited shareholders receive clarity as the Australian Taxation Office confirms the recent 8-cent per share capital return is not a dividend for tax purposes.

BPH Global has launched a focused R&D collaboration with Temasek Polytechnic to develop seaweed-based bio-stimulants aimed at boosting growth and yields in Southeast Asia's oil palm and rice sectors. Early talks are also underway for a production facility in Indonesia to commercialize these innovations.

EV Resources reports strong initial mineralogical results from its Los Lirios antimony project in Mexico, highlighting high-grade samples and plans for a pilot plant to fast-track production.

Emperor Energy secures independent validation of its Judith Gas Field resources, boosting unrisked prospective volumes to 1.86 trillion cubic feet and setting sights on a mid-2026 appraisal well to advance development.

Golden Horse Minerals has acquired full ownership of the Sorrel Copper Project from NT Minerals for $3 million, gaining significant copper exposure in a Tier-1 jurisdiction. The acquisition replaces a prior earn-in option and positions Golden Horse for resource growth amid rising copper demand.

West Cobar Metals has initiated approvals for a 5,000m air core drilling campaign at its promising Mystique Gold Project, aiming to unlock significant gold mineralisation in Western Australia’s Fraser Range.