Latest It Infrastructure News

Commonwealth Bank of Australia (CBA) reported a strong 2025 financial year with a statutory net profit after tax of $10.1 billion, maintained capital strength, and progress on ambitious climate and sustainability goals.

Commonwealth Bank of Australia reported a robust FY25 with a $10.1 billion net profit, increased dividends, and accelerated technology investments despite global uncertainties.

Commonwealth Bank of Australia reported an 8% rise in net profit to $10.1 billion for FY25, supported by steady lending growth and a 5% revenue increase. The bank declared a fully franked final dividend of 260 cents per share, underscoring its robust capital position and ongoing technology modernization.

NEXION Group has issued 800,000 convertible notes to raise $80,000, with repayment expected in cash but conversion to shares possible pending approvals. The funds aim to support costs related to a potential transaction whose future remains uncertain.

Pure Resources Limited reports exceptional metallurgical results from its Garnet Hills Project, achieving garnet grades up to 98% and advancing scalable, sustainable processing methods aligned with industrial demand. The company is also forging strategic US collaborations to unlock downstream opportunities.

NoviqTech unveils advanced quantum-powered platforms to enhance emissions tracking and sustainability reporting across multiple industries, targeting booming carbon and recycling markets.

Green Technology Metals has achieved a major regulatory milestone by securing full mining lease coverage for its Seymour Lithium Project in Ontario, significantly advancing the project toward construction readiness.

Matsa Resources has begun transporting ore from its Devon Pit Gold Mine to the Greenfields processing plant, setting the stage for its first gold pour in September 2025.

Flynn Gold has announced a significant high-grade gold discovery at its Double Event Prospect within the Golden Ridge Project in Northeast Tasmania, revealing multiple quartz-sulphide veins over a 275-metre strike length. The company has secured drilling approval and plans further trenching to explore extensions.

Resouro Strategic Metals announces the immediate resignation of CEO Alistair Stephens, with Executive Chairman Christopher Eager stepping in as interim CEO. The company also plans to appoint a new Chairman to strengthen its leadership team.

Godolphin Resources has announced a substantial upgrade to its Lewis Ponds mineral resource, boosting contained gold to 470,000 ounces and silver to 21 million ounces, marking a significant step towards project development.

Kelly Partners Group Holdings posted a robust 24.5% revenue increase to $134.6 million in FY25, driven by strategic international expansions and acquisitions. The firm’s underlying profit after tax also rose 13%, underscoring its growing footprint across Australia, the US, and Ireland.