Latest It Infrastructure News

VRX Silica Limited has obtained crucial works approval for its Arrowsmith North Silica Sand Project, paving the way for construction and operation ahead of targeted production in late 2026.

Great Divide Mining has successfully raised $1.335 million through convertible loan notes, signaling strong investor confidence as it advances the Challenger Gold Mine joint venture.

Verity Resources has successfully raised $3 million through a two-tranche placement to accelerate drilling and resource upgrades at its Monument Gold Project amid strong gold market conditions.

BPH Global has secured a 12-month Master Services Agreement with Singapore’s Marchwood Laboratory Services to enhance its research on extracting rare earth elements from seaweed, focusing on four critical metals vital to clean energy and technology.

Eclipse Metals has secured a crucial renewal of its Greenland exploration licence, extending its tenure to 2027 and clearing the way toward a mining licence for its rare earth project in a geopolitically strategic region.

Pearl Gull Iron Limited has agreed to sell its Cockatoo Island Project for A$4.5 million in cash, a 4% equity stake in Crestlink Pty Ltd, and ongoing royalties, marking a strategic shift as it seeks new growth opportunities.

Lotus Resources has completed a A$65 million placement to bolster its uranium projects in Malawi and Botswana, positioning itself for steady production and future expansion.

Kuniko Limited has executed a binding earn-in and joint venture agreement to acquire up to 70% of the Commonwealth Gold-Silver Project in NSW, backed by a rights issue to fund exploration and drilling. The project offers significant resource potential in a Tier-1 jurisdiction with existing inferred mineral resources.

Austral Resources Australia Ltd has launched a $40 million placement at 5 cents per share to fund the acquisition and recommissioning of the Rocklands copper project in Queensland. The offer includes share and option issues tied to debt conversions and is conditional on shareholder approval and ASX reinstatement.

Kinetiko Energy has secured a crucial two-year renewal of its South African exploration rights, advancing its pilot production and development plans amid promising drilling results.

Patriot Battery Metals has reached a significant milestone in the permitting process for its Shaakichiuwaanaan Lithium Project, with federal and provincial environmental assessments now aligned and progressing on schedule.

Sunstone Metals’ latest surface sampling at its Bramaderos Project in Ecuador reveals promising expansions in gold-copper mineralisation, setting the stage for significant resource growth.