Latest It Infrastructure News

Chariot Resources has inked a binding term sheet with major Chinese and Nigerian partners for a phased drilling and trial mining program targeting lithium direct shipping ore in Nigeria, aiming to validate resource potential and establish a market-linked offtake.

Alara Resources has successfully closed its entitlement offer, raising AUD 4.95 million through the issuance of over 154 million new shares, exceeding its AUD 3.84 million target and negating the need for partial underwriting.

Culpeo Minerals has identified two robust chargeability anomalies linked to surface copper mineralisation at its Fortuna Project in Chile, setting the stage for imminent diamond drilling campaigns.

SKS Technologies has delivered a third consecutive year of record growth, lifting FY26 revenue to $348 million and net profit by 93%, driven by a surge in data centre projects and strategic acquisitions.

QMines Limited reported standout copper and gold assay results from two diamond drill holes at Mt Chalmers, surpassing existing resource grades and fueling ongoing feasibility and metallurgical work.

EML Payments reported a 6% revenue decline and an 18% drop in underlying EBITDA for FY26, completing a major restructuring and advancing its Arlo technology platform. The company projects FY27 EBITDA between $50 million and $54 million, with a strong new program pipeline and strategic investments underpinning growth.

Yugo Metals continues to hit significant gold grades in its maiden drilling at the Erak Prospect, with mineralisation open in multiple directions and further drilling underway.

Sims Limited delivered a striking FY26 turnaround with net profit soaring 1391%, driven by strong metals trading and a booming technology lifecycle services segment, while advancing sustainability and strategic acquisitions.

Goodman Group has locked in a 20-year lease with a global hyperscale customer for the initial 50 MW phase of its Tsukuba Tech Central data centre campus in Greater Tokyo, setting the stage for a major digital infrastructure hub ready by early 2028.

Amplitude Energy (ASX:AEL) posted record production and earnings for FY26, underpinned by strong operational execution and progress on the East Coast Supply Project (ECSP). The company strengthened its balance sheet, reduced net debt by 85%, and targets first gas from ECSP in 2028.

Kingfisher Mining’s recent drilling at the Allendale project near Broken Hill has validated significant high-grade lead-zinc-silver mineralisation, reinforcing its strategic position in the region’s base and precious metals sector.

Westgold Resources has declared a maiden Ore Reserve of 1.1 million ounces at its Fletcher deposit, marking a significant 30% increase in total Mineral Resources at Beta Hunt and advancing plans for a 4Mtpa processing expansion.