Latest It Infrastructure News

Swoop Holdings has agreed to sell its Melbourne Fibre Project subsidiary to Singapore-based Xenith Infrastructure Group for $11 million plus project cost reimbursements. The deal offloads remaining capital commitments and will help reduce Swoop’s debt.

Pilot Energy remains suspended from trading as it pursues strategic funding for its Cliff Head Carbon Storage Project, securing $500,000 in short-term loans to support working capital.

Flagship Minerals has agreed to sell its RK Lithium Project in Thailand for US$4 million, accelerating its strategic pivot towards gold and copper assets in Chile and Canada.

Magellan Investment Partners has announced final distribution amounts for four of its funds ending 30 June 2026, with key dates set for early July and a Distribution Reinvestment Plan available to investors.

Cyprium Metals has marked a significant milestone with the first sulphuric acid delivery to its Nifty Copper Complex in 20 years, signaling a shift from construction to commissioning. The Phase 1 Copper Cathode Restart project is advancing rapidly, with key infrastructure and operational systems nearing completion.

Theta Gold Mines (ASX: TGM) reports substantial progress on its TGME Gold Project, with major construction activities well underway and critical equipment nearing delivery, reinforcing its path to production in 2027.

Albright Metals has confirmed and expanded gold and antimony mineralisation at its Golden Pike Project in New Brunswick, revealing promising intercepts that underpin a larger mineralised system. Follow-up drilling is planned to target high-grade antimony and further gold extensions.

Kingston Resources launches a $8.47 million rights issue at a 12.5% discount, backed by a $4.4 million placement, to finance a major drilling campaign and plant expansion at Mineral Hill following the closure of its Pearse South open pit.

Omega Oil & Gas has secured full funding for its 2026/27 appraisal campaign targeting the Taroom Trough, positioning the company to advance one of Australia’s most promising unconventional oil and gas plays.

Orcoda has secured a lucrative multi-year contract with Wagner Corporation to deliver workforce logistics and facilities management at Wellcamp Business Park, leveraging its AI-driven Contractor360 platform.

Dart Mining has completed a key site visit to its historic Walwa Tin-Tungsten Project in Victoria, collecting samples and compiling historic drilling data ahead of planned diamond drilling in late 2026.

Livium is positioning its Envirostream subsidiary to capitalise on the growing battery recycling needs from Australia's booming AI data centre sector, leveraging its EPA-licensed facilities and national network.