Latest It Infrastructure News

AIC Mines has announced promising drilling results at its Jericho copper deposit in Queensland, confirming continuity in key mineralised shoots and revealing a new mineralised lens, J0, that extends over one kilometre and remains open for further exploration.

Ordell Minerals has reported significant diamond and RC drilling results at its Barimaia Gold Project in Western Australia, revealing wide zones of gold mineralisation including a spectacular 0.3m intercept grading 109.89g/t Au. The mineralised zone remains open for expansion, with further drilling planned.

Mount Gibson Iron reported a significant net loss for FY25 amid weaker iron ore prices but is pivoting towards gold with a major acquisition in the Northern Territory.

Mount Gibson Iron Limited reported a substantial net loss for FY2025 amid iron ore price drops and operational challenges, while announcing a strategic acquisition in the gold sector.

Southern Cross Electrical Engineering Limited (SCEE) delivered record FY25 financials, driven by a 45% revenue jump and the recent Force Fire acquisition, setting the stage for robust FY26 growth.

Southern Cross Electrical Engineering (SCEE) has delivered a landmark FY25 with record revenue and earnings, boosted by its strategic acquisition of Force Fire and a robust order book. The company projects continued growth with an 18-24% rise in EBITDA for FY26.

Transurban Group has confirmed a 33-cent ordinary dividend for the first half of FY25, partially franked and payable in August, alongside a Dividend Reinvestment Plan with no discount.

Transurban reports solid FY25 results with rising toll revenue, improved EBITDA margins, and strong free cash flow, while advancing key infrastructure projects and navigating NSW Toll Reform.

Transurban Group delivered solid FY25 results with a 7.4% increase in proportional EBITDA and a 4.8% distribution growth, while setting a confident 6% higher payout target for FY26 amid ongoing toll reform talks.

Cleanaway Waste Management delivered a robust FY25 with 14.6% EBIT growth and raised FY26 guidance, underpinned by key acquisitions and operational excellence.

Transurban Group reported a 5.6% rise in proportional toll revenue and a 7.4% increase in operating EBITDA for FY25, despite a significant profit decline due to litigation and restructuring costs. The company’s distribution grew 4.8%, supported by strong free cash flow, as key infrastructure projects near completion.

Cleanaway Waste Management posted a 14.6% rise in underlying EBIT to $411.8 million for FY25, driven by solid waste services growth and strategic acquisitions. However, the Board exercised discretion to reduce executive short-term incentives by 30% due to safety performance issues including three fatalities.