Latest It Infrastructure News

Origin Energy has announced it will keep the Eraring Power Station operational until April 2029, extending its life by nearly two years to bolster NSW’s energy security during the shift to renewables.

Haranga Resources reports steady progress on its Lincoln Gold Project drilling program in California, despite weather-related dewatering setbacks. Initial assay tests validate the high-grade nature of the resource, setting the stage for an updated JORC-compliant resource estimate.

VRX Silica Limited has locked in six binding offtake contracts totaling nearly 1 million tonnes per annum and appointed a new CEO, marking significant progress for its Arrowsmith North silica sand project.

GoldArc Resources has consolidated 100% ownership of the Mt Stirling gold deposit and activated a $2.5 million funding facility, kickstarting a diamond drilling program to advance mining plans.

Latitude 66 Limited reports wide, high-grade gold intersections at its Laverton Gold Project, confirming extensions and new discoveries at the Red Dog and Tin Dog prospects. The results validate a structural model and set the stage for rapid resource growth.

Tungsten Mining NL advances its Mt Mulgine project with a robust scoping study, revealing a globally significant multi-critical mineral deposit poised to meet soaring tungsten demand amid supply constraints.

Pioneer Minerals has validated primary tungsten mineralisation at its Springfield Prospect in Idaho, revealing high-grade scheelite and gold assays that underpin a promising multi-phase mineral system. The project’s proximity to established processing infrastructure offers strategic advantages for future development.

Fletcher Building has agreed to sell its Construction Division to global giant VINCI Construction for an initial $315.6 million, with potential to rise to $334.1 million. The move marks a strategic pivot towards focused building products manufacturing.

DXN Limited has signed a strategic MOU with Super Sistem Indonesia to form a joint venture targeting Indonesia’s rapidly expanding digital infrastructure market, aiming for US$7 million in revenue over three years.

Charger Metals NL is set to commence a significant 3,000-metre drilling program at its Lake Johnston Project, targeting high-grade gold and lithium mineralisation following recent promising results. The program aims to expand on the Xmas Gold Discovery and advance the Medcalf Spodumene Deposit.

Forrestania Resources has completed an $18 million placement tranche and upscaled its oversubscribed Share Purchase Plan to $5 million, securing $23 million to advance its gold production strategy in Western Australia.

OzAurum Resources has acquired a key heap leach agglomeration plant, significantly reducing development risks and capital costs for its Mulgabbie North Gold Project. This strategic move positions the company to fast-track feasibility and production amid strong gold prices.