Latest It Infrastructure News

Horizon Oil and its joint venture partners have signed a binding Letter of Intent with Northern Territory’s Power and Water Corporation to fast-track drilling of two new wells at Mereenie, aiming to secure long-term gas supply agreements through 2034.

Acusensus Limited has announced a $30 million equity placement to bolster its balance sheet, alongside winning a landmark $34 million contract in Connecticut, marking a significant step in its US expansion. The company also reported multiple contract expansions in Australia and a new debt facility to support its growth ambitions.

Aeris Resources has reported significant high-grade copper intersections extending mineralisation beyond current resources at its Tritton Operation in New South Wales, highlighting potential new mineralised trends and thicker deposits.

Central Petroleum has signed a binding Letter of Intent with Northern Territory's Power and Water Corporation to fast-track drilling of four wells and establish long-term gas supply agreements through 2034.

Magnetic Resource NL is refining its Lady Julie Gold Project with updated mine designs and infrastructure work, aiming to reduce costs and boost gold recovery ahead of a final optimization report in early 2026.

Zenith Minerals has confirmed the lateral and depth expansion of its Red Mountain gold system in Queensland, with strong results from recent reverse circulation drilling and the commencement of diamond drilling to target high-grade zones.

Following a critical ASIC Inquiry Interim Report, ASX has pledged a strategic reset including a $150 million capital charge and enhanced board independence to restore market confidence.

Boab Metals has successfully raised A$60 million through a two-tranche placement and launched a Share Purchase Plan to complete funding for its Sorby Hills Lead-Silver Project in Western Australia.

4DMedical has gained Canadian regulatory approval for its innovative CT – VQ™ ventilation-perfusion imaging technology, enabling immediate commercial rollout through Philips and expanding its North American footprint.

Metal Bank Limited (MBK) has announced its first formal gold resource estimate at the Seven Leaders Starter Pit, marking a pivotal step towards production in 2026. The 6,300-ounce resource underpins a strategy to leverage existing infrastructure and minimise capital costs.

Galan Lithium advances its Hombre Muerto West project with key infrastructure in transit and construction progressing ahead of schedule, targeting lithium chloride production in the first half of 2026.

Medallion Metals has raised $60 million through a placement and share purchase plan to advance its integrated gold-copper development strategy, targeting first production in early 2027.