Latest Infrastructure Development News

Evolution Energy Minerals Limited has announced a renounceable pro-rata entitlement offer to raise up to $1.45 million, aimed at funding early development and exploration activities in Tanzania. The offer includes free attaching options and is partially underwritten, with significant implications for shareholder dilution and company control.

Nova Minerals has garnered strong support from Alaska’s Governor and the Australian Consular-General for its Estelle Gold and Critical Minerals Project, aligning with key infrastructure and national security priorities.

Arena REIT reported a robust 17% increase in net operating profit for FY2025, underpinned by strong portfolio management and development activity, while raising its distribution guidance by 5.5% for FY2026.

Southern Cross Electrical Engineering has announced over $110 million in new and renewed contracts, reinforcing its position in Australia’s infrastructure services and manufacturing sectors.

Lindian Resources has secured a major expansion of its mining licence in Malawi, setting the stage for a significant scale-up of its Kangankunde Rare Earths Project. This regulatory win, coupled with a strategic partnership with Iluka, could transform Lindian into a key player in the global rare earths market.

Geopacific Resources reports significant high-grade gold trench results extending mineralisation at Little MacKenzie within its Woodlark Gold Project, Papua New Guinea. A major 30,000-metre drilling campaign is now underway to expand the resource base and explore new targets.

Nova Minerals has achieved a remarkable 132% upgrade in antimony grade through ore sorting at its Estelle Project in Alaska, advancing its goal to establish a strategic U.S. supply chain amid critical mineral shortages.

After four years on Colorado’s I-70 Vail Pass, EdenCrete® concrete shows markedly superior durability compared to standard and silica fume mixes, signaling a potential shift in high-altitude road construction.

Altair Minerals has entered a binding agreement to acquire up to 70% of the Greater Oko Project in Guyana, positioning itself as a leading gold explorer in a rapidly emerging district adjacent to major discoveries.

Askari Metals has completed technical due diligence on its Nejo Gold and Copper Project in Ethiopia, clearing a key hurdle ahead of acquisition settlement and setting the stage for maiden drilling campaigns.

Canyon Resources has drawn down US$26 million from its US$140 million credit facility to accelerate infrastructure and rolling stock procurement at its Minim Martap bauxite project, targeting production start in early 2026.

Pacific Lime and Cement Limited has approved the Final Investment Decision for its Central Lime Project, adopting a fully equity-funded approach that slashes upfront capital costs by 42% and secures strong backing from the Papua New Guinea government and local communities.