Latest It Infrastructure News

Lunnon Metals has delivered significant gold intercepts at its Paringa West prospect, including visible gold in reverse circulation chips for the first time, reinforcing the potential of the Paringa Gold Belt near its Lady Herial mine. Meanwhile, a second government co-funded drill hole is underway at the Plentiful prospect to better define host rock structures.

Evolution Energy Minerals (ASX:EV1) is set to start drilling at its Chikundo Copper Project in June 2026 despite assay delays, while progressing the Chilalo Graphite Project towards first production in October 2027 with a modular development plan and clear funding milestones.

NEXTDC has closed a A$1.7 billion subordinated hybrid securities offer fully backed by La Caisse, enhancing its liquidity to an estimated A$8.4 billion by June 30, 2026.

EVZ Limited projects full year revenue between $120 million and $125 million for FY26, alongside an EBITDA forecast of $8.5 million to $9 million, reflecting improved margins and operational efficiency.

Santana Minerals has won New Zealand government approval to buy 3,680 hectares critical to its Bendigo-Ophir gold mine, paving the way for a NZ$500 million investment and 350 jobs.

Smartgroup delivered a robust start to 2026 with double-digit growth in novated leasing orders and a new app rollout, while targeting mid-40s EBITDA margins for 2027 amid supportive EV policies.

Janus Electric has raised A$4.5 million through a discounted private placement, aiming to accelerate battery supply, truck production, and certification efforts across Australia and North America.

Finder Energy has launched a $3 million Share Purchase Plan offering eligible shareholders in Australia and New Zealand the chance to buy shares at $0.50 each, a 15% discount to recent prices. The funds will accelerate engineering and procurement for the KTJ oil project.

Askari Metals (ASX:AS2) has validated continuous polymetallic mineralisation including tin, lithium, tantalum, rubidium, and caesium at its PS Pegmatite Target within the Uis Project in Namibia, setting the stage for planned drilling in H2 2026.

Brightstar Resources has secured full funding for its Goldfields Project, targeting 75,000oz gold production annually from mid-2027, while advancing the Sandstone Project towards a potential Tier-1 development with production aimed for 2029.

TG Metals targets a potential doubling of its laterite gold resources at Van Uden, advancing heap leach project designs and awaiting drilling approvals.

BPH Global’s Indonesian unit has locked in a four-year MoU with ITBM to integrate student-driven operations and research at its Takalar coastal seaweed site, setting the stage for scaled commercial development and local collaboration.