Latest It Infrastructure News

TG Metals Limited has achieved over 90% gold recovery in heap leach testwork on its Laterite resource at the Van Uden Gold Project, advancing preparations for a final investment decision in Q3 2026.

Andean Silver has uncovered new bonanza-grade silver-gold veins near its Laguna Verde processing plant in Chile, setting the stage for a resource upgrade and feasibility studies.

Sunstone Metals has reported significant new drill results at its Bramaderos project in Ecuador, with wide gold-copper mineralised zones extending beyond the current 3.6Moz resource. The ongoing drill program is set to upgrade a large exploration target, reinforcing the project's growth potential ahead of a resource update later this year.

Advanced Energy Minerals is ramping up its Quebec high purity alumina plant to 3,000 tpa by mid-2026, with plans to double capacity to 6,000 tpa by 2029 amid a tightening global market and supply deficit.

Delorean Corporation has banked a $5.76 million cash refund from the Australian Government’s FY2025 R&D Tax Incentive, underpinning its bioenergy infrastructure growth. Another refund linked to FY2026 expenditure is anticipated next year.

Megaport’s Latitude.sh subsidiary has secured three major AI infrastructure contracts worth USD 183 million, backed by a USD 101 million capital expenditure commitment, reinforcing its role in the global AI compute ecosystem.

NEXTDC has successfully closed the retail segment of its fully underwritten entitlement offer, securing A$480 million at A$12.70 per share. The total raise of approximately A$1.5 billion demonstrates strong investor backing ahead of the shares commencing trade on 19 May 2026.

Minerals 260 has significantly expanded its Bullabulling Gold Project footprint by acquiring joint venture interests over 350km2 of highly prospective tenements adjacent to its existing holdings, boosting the total project area to 1,160km2. This $7 million deal consolidates key exploration ground and adds new targets near established deposits.

Tamboran Resources has reported record gas flow rates from its Shenandoah South 6H well and secured US$188 million in a capital raise, positioning the company to deliver first gas in the Beetaloo Basin by Q3 2026.

Worley unveils a medium-term growth strategy through FY30 focused on expanding full project delivery, investing $70 million in AI, and leveraging strategic partnerships amid near-term geopolitical challenges.

WA1 Resources has boosted the Indicated Mineral Resource at its Luni Niobium Project by 20 Mt, lifting the high-grade subset and reinforcing its global significance in critical metals.

ASX has appointed Anthony Attia as its next Managing Director and CEO, bringing nearly 30 years of global exchange experience to guide the company through its ongoing transformation.