Latest It Infrastructure News

Infratil posted an 11% rise in operational EBITDAF to NZ$989 million in FY26, fuelled by a record 555MW CDC data centre contract and a 170% EBITDAF jump at Longroad Energy. The company refined its portfolio with over NZ$600 million in divestments and secured a BBB+ credit rating, underpinning a strong FY27 outlook.

Zimplats acknowledges Zimbabwe’s classification of platinum group metals as critical minerals and commits to working with the government to navigate the new policy framework while supporting local value addition.

Mt Malcolm Mines (ASX:M2M) is gearing up for a major drilling campaign at its Calypso Gold Prospect, aiming to convert a substantial Exploration Target into a JORC-compliant Mineral Resource. The program follows high-grade discoveries at the newly identified T3 Constance Lode and historical multi-lode mineralisation.

Service Stream is set to broaden its industrial services reach through the acquisition of Queensland’s RIE Group, a specialist in high-voltage electrical and instrumentation services. The deal enhances Service Stream’s market presence in key energy sectors amid ongoing contract wins.

Pioneer Minerals has begun restoring the Springfield Mine access road at its North Pine Project in Idaho, unlocking critical site access that will slash exploration costs and speed up fieldwork for tungsten, gold, and gallium targets.

Haranga Resources has delivered a maiden JORC Mineral Resource Estimate of 402,000 ounces at 5.1 g/t gold from its Lincoln Gold Project in California, underpinning rapid restart plans backed by $90 million in existing infrastructure.

The Takeovers Panel has refused to proceed with a disclosure dispute application related to Atlas Arteria’s off-market takeover bid and its handling of a right of first offer notice for the Chicago Skyway asset.

Fulcrum Lithium’s Phase 3 drilling at Alkali Flats in Nevada reveals extensive, thick lithium mineralisation with grades exceeding 300ppm across a large area, setting the stage for a maiden Mineral Resource Estimate.

Nickel Industries has boosted the Sampala Project’s nickel resource to over 1 billion tonnes, reinforcing its position among the world’s largest nickel laterite holders and advancing development with a $144 million acquisition payment due next year.

Arafura Rare Earths has secured A$350 million through a two-tranche placement, backed by major shareholder Hancock Prospecting, to fund the construction of its Nolans Rare Earths Project.

Cygnus Metals has delivered robust high-grade drilling results at its Golden Eye deposit, reinforcing its strategy to upgrade inferred resources to indicated status, while commencing exploration at the Gwillim gold prospect with JV partner Alamos Gold.

Charter Hall Group upgrades its FY26 operating earnings guidance by 3%, buoyed by record institutional capital inflows and expanding funds under management reaching $74.7 billion.