Latest It Infrastructure News

Magnetite Mines has cleared a crucial regulatory hurdle as its Razorback Iron Ore Project’s Mining Lease Proposal passes the South Australian Government’s validity assessment, paving the way for detailed technical review and public consultation.

Atomic Eagle Limited has begun trading on the ASX following a transformative merger, backed by a strong $20 million cash position to advance uranium exploration in Zambia. The company’s renewed strategy targets resource expansion at its flagship Muntanga Uranium Project.

St George Mining reports outstanding high-grade rare earth and niobium assay results from its Araxá Project in Brazil, signaling a significant resource expansion and upgrade. Ongoing drilling suggests the deposit remains open in all directions, reinforcing Araxá’s status as a world-class asset.

BPM Minerals reports outstanding high-grade rare earth element assays from its Durack Project in Western Australia, highlighting the potential for a major monazite-hosted REE deposit. The discovery aligns with growing global demand and Australian government support for critical minerals.

Macquarie Asset Management has tabled a $5.20 per share cash offer to acquire Qube Holdings, valuing the logistics giant at approximately $11.6 billion. The Qube board has entered an exclusivity agreement and signals unanimous support, pending due diligence and regulatory approvals.

Fortuna Metals has reported exceptional rutile soil sampling results from its Mkanda and Kampini projects in Malawi, revealing extensive high-grade anomalies analogous to the world-class Kasiya deposit. The company aims to define a maiden rutile resource by mid-2026 following ongoing drilling programs.

Sunstone Metals has announced a significant 33% increase in the Bramaderos Gold-Copper Project resource to 3.6 million ounces gold equivalent, alongside expanded exploration targets that hint at further growth potential.

Southern Palladium fast-tracks development at its Bengwenyama PGM Project, advancing drilling and infrastructure plans while securing key regulatory approvals.

Estrella Resources reports strong progress at its Werumata Limestone Project with over 70% of drilling completed, alongside promising manganese intersections at Ira Manganese Prospect. Infrastructure and feasibility studies are underway, positioning the company as a first mover in Timor-Leste’s emerging mining sector.

Yandal Resources has released first assay results from its maiden diamond drilling program at the Arrakis Prospect, confirming broader and continuous gold mineralisation over a strike length exceeding 2.2km. The findings support a robust geological model and set the stage for expanded exploration in 2026.

Pivotal Metals has identified a promising new copper-gold exploration target, Kelly Lake East, within its Belleterre project in Quebec, setting the stage for a major drilling campaign in early 2026.

DevEx Resources reports a major metallurgical breakthrough at its Kennedy Rare Earths Project in Queensland, achieving up to 68% recovery of critical magnet rare earth elements using a straightforward heap leach process with low acid consumption.