Latest Sustainability In It News

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Auking Mining Limited reported a challenging quarter ending December 31, 2024, with significant cash outflows and a critical need for new capital to sustain exploration activities in Tanzania and Cloncurry.
Maxwell Dee
Maxwell Dee
28 Jan 2025
Omega Oil and Gas Limited has successfully completed drilling and testing of its Canyon-1H horizontal well, revealing encouraging reservoir conditions that set the stage for upcoming fracture stimulation and flowback testing.
Victor Sage
Victor Sage
28 Jan 2025
Zoom2u Technologies reported a 5% increase in Q2 FY25 revenue to $1.66 million, alongside a modest EBITDA loss of $29,000. The company also adopted a new Treasury Management Policy to accept Bitcoin payments, signaling strategic innovation.
Sophie Babbage
Sophie Babbage
28 Jan 2025
Zoom2u Technologies reports a positive EBITDA and cash flow for the first half of FY25, driven by growth in its Locate2u and Shred2u platforms, despite a revenue dip in its core Zoom2u delivery service during Q2.
Sophie Babbage
Sophie Babbage
28 Jan 2025
OM Holdings delivered a robust production update for Q4 2024, with ferrosilicon output rising sharply despite manganese ore price declines and operational challenges. The company also secured a top sustainability award and made significant debt repayments.
Maxwell Dee
Maxwell Dee
28 Jan 2025
Magnis Energy Technologies reveals that its partners IM3NY LLC and Imperium3 New York Inc have entered Chapter 11 bankruptcy proceedings, raising questions about future operations and financial stability.
Maxwell Dee
Maxwell Dee
28 Jan 2025
Foresta Group Holdings has raised $3.1 million through a convertible note and share placement, while securing exclusive technology licensing and key offtake agreements to propel its flagship New Zealand biomass project.
Victor Sage
Victor Sage
28 Jan 2025
Parabellum Resources Limited reported a net cash outflow of $145,000 from operating activities in the December 2024 quarter, maintaining a solid cash position of $1.63 million. The company continues to invest in exploration while refraining from new financing activities.
Maxwell Dee
Maxwell Dee
28 Jan 2025
Reward Minerals has completed the acquisition of the Beyondie Potash Plant, positioning itself to advance its innovative potash processing technologies and reduce production costs. The move, funded through a non-dilutive loan extension, marks a significant step toward commercialising its patented SOP recovery methods.
Maxwell Dee
Maxwell Dee
28 Jan 2025
Mount Burgess Mining's latest quarterly report reveals significant contributions from Gallium, Germanium, and Vanadium Pentoxide at the Nxuu Deposit, enhancing the project's polymetallic value beyond traditional base metals.
Maxwell Dee
Maxwell Dee
28 Jan 2025
Enova Mining Limited has completed a $1.5 million placement to fund key developments at its CODA and Charley Creek projects, with the second tranche awaiting shareholder approval.
Maxwell Dee
Maxwell Dee
28 Jan 2025
Enova Mining has completed a $1.5 million placement to fund key development and exploration activities across its CODA, Charley Creek, and Lithium Valley projects. The capital injection aims to accelerate metallurgical testing and engineering work critical to unlocking the value of these rare earth and critical mineral assets.
Maxwell Dee
Maxwell Dee
28 Jan 2025