Latest It Infrastructure News

New World Resources Limited has agreed to a Takeovers Panel undertaking restricting share issuance to Central Asia Metals PLC pending regulatory proceedings. This move follows an application by Kinterra Capital and could influence the company’s capital raising plans.

Highfield Resources reports steady progress on a proposed $300 million equity placement with Qinghai Salt Lake, aiming to accelerate its flagship Muga and Southey potash projects. While due diligence advances, no binding deal is yet secured.

Enlitic has completed its $10 million capital raise, triggering a $2 million advance payment from GE HealthCare and cementing a strategic collaboration with significant revenue potential.

Kula Gold has secured the exploration licence for the Wozi Niobium Project in Malawi, revealing promising surface mineralisation and setting sights on maiden drilling by late 2025.

Marimaca Copper has reported exceptional high-grade copper intersections at its Pampa Medina deposit, significantly expanding the known mineralized area and hinting at a major new sediment-hosted copper system in Chile.

Monadelphous Group Limited has secured over $100 million in new energy sector contracts, highlighted by a major project with Shell on the Crux platform off Western Australia and an extension with Origin Energy for LNG equipment supply.

Pure Hydrogen Corporation has secured a 48-month distribution agreement with Argentina's FRN Enterprise to advance hydrogen and electric vehicle sales across South America, targeting US$20 million in revenue.

Legacy Minerals' latest Airborne Magneto Tellurics survey at the Drake Project reveals extensive new gold-copper-silver targets, highlighting significant potential for resource expansion and fresh discoveries.

Cobalt Blue Holdings has secured a three-year extension to its Major Project Status for the Broken Hill Cobalt Project, reinforcing its strategic importance to Australia’s critical minerals sector and enhancing development prospects.

Flynn Gold has initiated its first diamond drilling campaign at the newly discovered Grenadier Prospect in Northeast Tasmania, targeting high-grade gold zones identified through recent trench sampling. Concurrently, drilling at the Trafalgar Prospect confirms mineralisation extensions, with further assay results awaited.

Pro Medicus Limited has renewed a significant five-year contract with Franciscan Missionaries of Our Lady Health System, marking a strategic shift to cloud-based medical imaging solutions and promising new revenue streams.

NRW Holdings has secured a $167 million contract from Rio Tinto to deliver critical earthworks and infrastructure at the Brockman Syncline 1 mine in Western Australia’s Pilbara region.