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Yandal gains Gold Fields backing for accelerated Arrakis drilling

9:48am on Friday 30th of October, 2026 AEDT • Mining
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Yandal gains Gold Fields backing for accelerated Arrakis drilling

9:48am on Friday 30th of October, 2026 AEDT
Key Points
  • $9 million placement of 120 million shares at A$0.075
  • Non-underwritten SPP targeting up to A$1 million
  • Gold Fields expected to hold 19.9% after the placement
  • A$2.2 million earmarked for Arrakis drilling
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