Latest It Infrastructure News

Tamboran Resources has achieved record natural gas flow rates in the Beetaloo Basin and advanced its drilling and infrastructure projects, positioning the company for first gas sales by mid-2026.

Bailador Technology Investments has realised $25 million from its SiteMinder stake at a premium, while maintaining a controlling interest and signalling confidence in the company’s growth.

Aspen Group has entered a conditional contract to acquire the remaining stages of the Wallaroo Shores master planned community in South Australia for $14.1 million, significantly boosting its development pipeline in a fast-growing region.

Manuka Resources has received a binding debt offer to refinance existing obligations and support the restart of its Wonawinta silver and gold processing plant in early 2026, leveraging current high metal prices.

Xstate Resources has commenced drilling operations at its Diona-1 well in Queensland, targeting promising gas reservoirs with a rapid path to market.

5G Networks Limited has released its audited FY2025 Annual Report, revealing key adjustments including a goodwill impairment linked to its AUCyber acquisition and finalized tax expenses. These revisions reshape the company’s financial statements without altering its overall asset base.

Vanadium Resources Limited is advancing multiple offtake discussions for its Steelpoortdrift project, with competing proposals offering improved terms over existing agreements. Operational readiness steps are progressing, including key executive appointments and contractor finalisations.

Manhattan Corporation has significantly expanded its Hook Lake exploration footprint in Nunavut, staking new claims and preparing a detailed magnetic survey to unlock the project's gold and polymetallic potential.

Kinetiko Energy has reported a strong commercial gas flow from its Brakfontein well, exceeding prior reserve flow rate assumptions and reinforcing the project's economic viability.

Canyon Resources is fast-tracking its Minim Martap bauxite project in Cameroon, backed by a $140 million debt facility and a $215 million equity raise, aiming for production start in early 2026. The Definitive Feasibility Study confirms strong economics with a project NPV exceeding $830 million and an IRR of 29%.

Canyon Resources has raised A$215 million through a strategic equity package to fast-track its Minim Martap bauxite project and deepen its investment in Camrail, with key backing from Cameroon's largest financial services group.

Core Lithium has terminated its final spodumene offtake agreement with Ganfeng Lithium, unlocking full marketing flexibility for its Finniss Lithium Project and enhancing strategic funding options.