Latest It Infrastructure News

Alliance Nickel is advancing its NiWest project by exploring vat leaching to reduce capital costs and has completed initial gold drilling at Wanbanna, while continuing offtake talks with Stellantis and considering a NASDAQ listing via de-SPAC.

Bayan Mining has secured U.S. Bureau of Land Management approval for an expanded drilling program at its Desert Star rare earth project, enabling deeper exploration of high-grade targets near the Mountain Pass mine.

Lunnon Metals has announced a maiden Mineral Resource Estimate for its Hustler gold deposit, adding 30,200 ounces to its portfolio and setting the stage for potential open pit mining alongside the nearby Lady Herial operation.

Magnetic Resource NL has significantly increased the underground production target for its Lady Julie Gold Project, extending mine life and improving production rates in a new scoping study update.

Lodestar Minerals has intersected visible copper sulphides in its first diamond drill hole at the Three Saints project in Chile, hinting at a potentially significant IOCG-style mineralised system. Assay results are pending, with further drilling planned to explore the extent of mineralisation.

Frontier Energy has secured indicative senior debt terms worth around $220 million for its Waroona Renewable Energy Project, moving closer to finalising financing and supply contracts. The company is also considering mezzanine financing to optimise its funding structure.

Manhattan Gold Limited has clarified recent share price and volume spikes, attributing them to strategic corporate communications and a fresh investor research report.

Neometals has secured a 30-day extension to its exclusivity period with BML Ventures for the Ironclad Deposit development, allowing both parties to finalise due diligence and internal studies ahead of a joint venture agreement.

Dundas Minerals Ltd highlights its strategic focus on Western Australian gold projects, showcasing significant inferred resources and promising exploration targets at Romano and Kalgoorlie. The company’s experienced leadership and upcoming drilling programs position it well for near-term development.

RLF AgTech has completed its restructuring phase and is now shifting gears towards aggressive commercial execution under new CEO Stuart Upton. The company outlined its growth strategy and financial results in a recent investor webinar, signalling a clear path to profitability.

Blaze Minerals has secured a binding agreement to acquire up to 90% interest in three extensive Botswana exploration projects, targeting copper, nickel, and precious metals within world-class geological belts. Field activities are set to commence imminently, marking a significant step in the company’s growth strategy.

Torque Metals has appointed a seasoned leadership team from Spartan Resources to spearhead exploration and development at its Paris Gold Project near Kalgoorlie, backed by a $3 million capital raise.