Latest It Services News

PointsBet has released a supplementary scheme booklet revealing an improved $1.20 per share cash offer from MIXI, alongside a postponed shareholder meeting now set for June 25. The deal, backed unanimously by the PointsBet board, faces final court and regulatory approvals.

Ark Mines has launched a detailed metallurgical improvement program at its Sandy Mitchell Rare Earth and Heavy Minerals project, aiming to refine processing techniques and expand its resource base. The work supports a Pre-Feasibility Study due early next year.

Avenira Limited has secured Northern Territory Government approval for its Wonarah Direct Shipping Ore Mine Management Plan, paving the way for first ore shipment by Q4 2025. The project includes infrastructure development and exploration drilling to support future beneficiation.

Trading in Alphinity Global Equity Fund's Active ETF (XALG) has been temporarily halted, with personal trading also paused pending further announcements.

Aguia Resources has landed a A$4 million loan offer from Brazil’s Southern Development Bank to fund the initial phase of its Tres Estradas phosphate project, enabling production to commence by early 2026 with plans for rapid expansion.

Betr Entertainment has reaffirmed its superior $1.33 per share acquisition proposal for PointsBet, challenging the rival MIXI offer ahead of a crucial shareholder vote. With strong funding and synergy claims, Betr signals confidence that MIXI’s $1.20 bid will be rejected.

Wrkr Ltd has completed a pivotal pilot of its employer services platform with Rest and MUFG Retirement Services, setting the stage for streamlined Payday Super implementation ahead of the July 2026 deadline.

Lode Resources has announced its first Mineral Resource Estimate for the Webbs Consol silver-base metals project in New South Wales, revealing a substantial high-grade deposit. This milestone confirms the project's potential and sets the stage for further exploration and development.

IVE Group has raised its FY25 underlying NPAT guidance to approximately $52 million, driven by margin expansion despite a slight revenue dip. The company also outlined ambitious growth plans targeting $1.25 billion in revenue by 2030, focusing on diversified, sustainable marketing solutions.

Mayur Resources has marked significant progress at its Central Lime Project in Papua New Guinea, completing key wharf infrastructure and ordering essential construction equipment ahead of major build phases.

DigiCo Infrastructure REIT has announced a FY25 distribution of 10.90 cents per security, aligning with its initial guidance and reflecting steady income returns for investors.

Emeco Holdings has reaffirmed its FY25 guidance, targeting $300 million in operating EBITDA and signalling confidence in earnings growth for FY26 amid disciplined cost management and a resilient mining sector.