Latest It Consulting News

ADX Energy’s Sicily Channel biogenic gas play gains validation from an independent technical review, reinforcing its prospective resource estimates and exploration strategy.

Genesis Minerals has disrupted the proposed Vault-Regis merger with a superior $5.6 billion takeover bid, offering Vault shareholders a mix of cash and shares. Regis Resources meanwhile reported strong FY26 production hitting the top end of guidance, underpinning its robust cash position.

Winton Land’s CEO and Chair Chris Meehan has resigned immediately during a board-led employment process, with independent director Steven Joyce appointed as Chair and an interim leadership reshuffle underway.

PEXA faces a proposed 20% cut in regulated ELNO service fees, risking a $70 million revenue reduction over a year. The company urges a phased approach to mitigate business impact as IPART opens public consultation.

Prophecy International has launched a sweeping global organisational restructure that will slash its workforce by approximately 48%, aiming to realign operations and reduce costs ahead of its FY26 results.

Gold Hydrogen gears up for critical Ramsay Project flow testing of Natural Hydrogen and Helium, while advancing a green methanol feasibility study with Mitsubishi Gas Chemical.

Silver Mines has submitted a refreshed Biodiversity Development Assessment Report for its Bowdens Silver Project, moving the development application closer to redetermination by NSW authorities. The project remains a critical minerals priority with significant job creation potential.

IFM Global Infrastructure Fund has increased its holding in Atlas Arteria to over 57%, urging shareholders to accept its unconditional A$5.10 per security takeover offer before it closes on 7 July 2026. The bidder objects to Atlas Arteria's recent US$100 million settlement to Ontario Teachers’ Pension Plan and plans a strategic review post-acquisition.

ACDC Metals has locked in a crucial 10-year Retention Licence for its Goschen Central rare earth and heavy mineral sands project, underpinning long-term development plans backed by a robust $384 million NPV8 Scoping Study.

Avira Resources has appointed Andrew van Bentum as CEO, bringing over 25 years of expertise to lead its gold and base metals exploration strategy across Western Australia and Sweden.

Norwest Minerals updates its Bulgera Gold Project resource estimate to 191,000 ounces within an optimised open-pit shell, underpinning a promising heap leach development pathway with strong metallurgical recoveries.

West Wits Mining has locked in a R875 million (~USD 53 million) senior loan facility, receiving an initial R339 million drawdown that fully funds its Qala Shallows project through to steady-state gold production of 70,000 ounces per annum.