Latest It Infrastructure News

Chilwa Minerals has identified a substantial new heavy mineral sands target at Mpyupyu West in Southern Malawi, resuming drilling with two sonic rigs and preparing an updated resource estimate for its Mpyupyu deposits.

Paterson Resources has nearly tripled the inferred gold resource at its Grace Gold Project to 200,000 ounces, highlighting shallow, high-grade mineralisation and promising metallurgical recoveries that support open cut mining potential.

Acrow Limited’s Industrial Access division is on track to exceed $200 million in revenue for FY26, driven by acquisitions and organic growth, with secured contracts underpinning strong FY27 prospects.

Medallion Metals confirms continuity of high-grade gold mineralisation beneath Lounge Lizard open pit, advancing geological models and targeting a maiden resource estimate by Q3 2026.

Opthea Limited resumes ASX trading as it pivots to develop OPT-302 for lymphangioleiomyomatosis, outlining a disciplined 18-month staged clinical program backed by A$31.2 million in cash.

Saturn Metals has delivered robust new drilling results at the Titan Lode within its Apollo Hill gold project, expanding the mineralised footprint and confirming Titan as a key shallow mineralised centre. The results set the stage for a resource update later this year.

Superloop Limited upgrades FY26 underlying EBITDA guidance to $118-$122 million, driven by strong trading and the Lightning Broadband acquisition, while launching a bold three-year Supercharge29 strategy targeting sustained growth and shareholder returns.

Latitude 66’s latest drilling results at the Laverton Gold Project reveal strong and consistent gold mineralisation with significant potential to grow resources at Tin Dog and Red Dog. A maiden Mineral Resource Estimate for Tin Dog is expected in Q3 2026.

Pioneer Minerals has reopened the historic Springfield Mine Road, enabling vehicle access to its North Pine Project in Idaho and slashing exploration costs. This milestone sets the stage for accelerated fieldwork targeting tungsten, gold, and gallium.

Sheffield Resources saw a marked improvement in ore mining and concentrate output at its Thunderbird mine in May 2026, while ongoing debt restructuring discussions with lenders remain unresolved.

Iron Bear Resources has applied for its Labrador Trough iron ore project to be designated a Project of National Significance under Canada's new Building Canada Act, aiming to fast-track approvals and financing.

Megaport has landed four major AI infrastructure contracts worth A$459 million, fueling its plan to build a globally-distributed AI inference cloud supported by a new A$350 million GPU Pool. The company is raising A$827 million through a fully underwritten entitlement offer to fund these initiatives and future growth.