Latest Capital Raises News

E79 Gold Mines Limited reported a solid quarter with a $3.1 million equity raise, ending December 2025 with $3.58 million in cash despite ongoing operating losses.

E79 Gold Mines has significantly expanded its Western Australian footprint by acquiring a 90% stake in Cue Metals, gaining access to the highly prospective Cue Gold Project in the Murchison region. The company has also launched a high-resolution gravity survey and reported promising exploration results across its key projects.

Gullewa Limited has increased its joint venture interest to 98.4%, initiated diamond drilling at its South Darlot Gold Project, and appointed a seasoned mining executive to its board, signalling a strategic push forward.

Gullewa Limited reported a robust cash flow position for the December 2025 quarter, driven by a significant equity financing that bolstered its cash reserves to over A$9 million. The company continues to invest in its iron ore exploration projects while maintaining operational cash flow positivity.

New Age Exploration Limited (ASX, NAE) has progressed its drilling program at the Wagyu Gold Project in Western Australia while confirming promising gold mineralisation in New Zealand’s Otago region, supported by a recent $3.75 million capital raise.

LinQ Minerals reports significant high-grade gold and copper intercepts at its flagship Gilmore Project, alongside a $15.4 million institutional placement to fast-track drilling programs.

Godolphin Resources has delivered a major upgrade to its Lewis Ponds project, increasing gold and silver resources significantly while confirming promising expansion targets. The company also raised $1.68 million to fund further development.

Pioneer Minerals has advanced its US critical minerals portfolio with promising high-grade tungsten and gold results at North Pine, alongside uranium exploration progress, supported by a $1 million capital raise.

Mt Malcolm Mines NL has taken a major step forward with the acquisition of a 500,000 tonnes per annum gold processing plant and an oversubscribed $3.05 million capital raise, while drilling at Picnic South confirms consistent near-surface gold mineralisation.

Metals X delivered near-record tin output at its Renison operation in Q4 2025, driving a doubling of EBITDA amid improved efficiencies and strong capital progress. The company also advanced its Rentails project and maintained robust cash reserves.

Audalia Resources is progressing its Medcalf vanadium-titanium-iron project with an updated Pre-feasibility Study and fresh capital injection, positioning the company for its maiden ore reserve announcement.

Pilot Energy has successfully raised $3.44 million through a placement to fund its Cliff Head operations and emerging carbon capture projects, signalling a strategic push into clean energy transition.