Latest Project Management News

INOVIQ Ltd has revealed significant sample quality problems in its EXO-OC ovarian cancer diagnostic study, prompting a technical review and a refined development approach while maintaining its dual commercialisation strategy.

Mayfield Group Holdings is set to acquire Nilsen's Switchboards Division for $4 million, adding 66 skilled employees and the N-Series product platform to boost manufacturing capacity and revenue.

Corazon Mining has secured the Chalice Gold Project from Westgold, marking its shift to a gold developer with a 191,000oz resource and a $16.5 million capital raise to fund an aggressive drilling campaign.

Tyranna Resources is divesting its Namibe Lithium and Caesium Project in Angola to Sinomine Resource for US$1.44 million, redirecting capital to its newly acquired Chinguar Gold Project.

Alma Metals has acquired a fully equipped 16-person exploration camp at its Briggs Copper Project, enabling a second drill rig deployment and accelerating resource growth and pre-feasibility studies.

Transurban advances a major upgrade to the I-95 Express Lanes, aiming to add 120 new lane miles and extend the corridor through Fredericksburg, targeting financial close by 2029.

Ore Resources Ltd has revealed new assay results from a 3,300m RC drilling program at its Kangaroo Hills Lithium Project, confirming significant extensions at the Big Red and Potoroo pegmatites and advancing near-term commercialisation options.

TechGen Metals has secured A$2.7 million through an oversubscribed placement to fast-track maiden drilling at its flagship Blue Devil copper-gold project in WA, alongside advancing exploration at Dalgaranga and John Bull gold assets.

Asara Resources has delivered strong assay results from its ongoing drilling at the Massan deposit, underpinning plans to upgrade and expand its gold resource at the Kada Project in Guinea.

Resources & Energy Group (ASX:REZ) has locked in a binding term sheet with Rembrandt Mining to kickstart gold production at its Maranoa deposit, preserving full ownership while shifting capital risk to Rembrandt and capturing enhanced profit shares at higher gold prices.

ASX has settled ASIC proceedings over 2022 statements on its previous CHESS project, admitting to misleading the market with a 'progressing well' claim. The settlement includes a $20.5 million penalty and $3 million in legal cost contributions, pending Federal Court approval.

Saferoads Holdings (ASX: SRH) has acquired Chameleon AMLS, adding a new modular trailer product line and appointing its founder Andrew Kaye to the board.