Latest Australian Government News

Kalgoorlie Gold Mining has more than doubled the strike length of its Lighthorse gold prospect to 1,450 metres, setting the stage for its largest reverse circulation drilling program yet. The expanded footprint and integration with historic data suggest a major gold system beneath the Pinjin Project.

Red Hill Minerals has reported promising new drilling results that expand gold and base metal targets at its West Pilbara project, reinforcing the potential for resource growth.

Coda Minerals has submitted the Draft Scoping Report for its Elizabeth Creek Copper-Cobalt Project, marking a pivotal step in securing mining lease approvals in South Australia. This milestone reduces regulatory uncertainty and sets a clear path toward project development.

Li-S Energy has successfully produced Australia’s first lithium metal foils ahead of schedule at its Geelong facility, marking a major step in domestic battery manufacturing and supply chain sovereignty.

Renascor Resources has secured an option agreement for land near its Siviour graphite deposit, finalising a critical step in supporting its upstream mining and processing operations. This move advances the company’s Battery Anode Material project readiness with accommodation planned for construction and operational staff.

Sparc Technologies progresses its pioneering green hydrogen pilot plant and graphene-based coatings, backed by a significant government grant and a successful capital raise.

Betashares Capital Ltd has announced a striking 200% estimated annual distribution for its Geared Long Australian Government Bond Complex ETF (GGAB) for the financial year ending June 2025, primarily driven by Australian interest income.

Renascor Resources has expanded its Marree project with a farm-in deal securing a standout uranium-copper prospect and is progressing drilling at Bulloo Creek alongside advancing its flagship battery anode materials facility.

Buxton Resources has commenced its inaugural drilling program at the Centurion Project, targeting a large IOCG geophysical anomaly in Western Australia, with government co-funding easing costs. Initial assay results are expected by early October.

Lord Resources has completed a detailed electromagnetic survey at its Ilgarari Copper Project, identifying multiple compelling drill targets and securing full permits for imminent drilling. The project’s proximity to a major copper mine and government support adds to its strategic appeal.

Group 6 Metals reported a $23 million loss for H1 2024 amid operational setbacks but completed a major $81 million debt-to-equity recapitalisation, setting the stage for a strategic turnaround.

Sparc Hydrogen, in partnership with the University of Adelaide, has won a $2.75 million Australian Government grant to advance its pioneering green hydrogen pilot plant. This funding underscores the commercial promise of its novel photocatalytic water splitting technology.