Latest Capital Raises News

Strickland Metals reports a substantial 2Moz AuEq increase in Serbia’s Rogozna Project resources and a near doubling of gold ounces at Western Australia’s Yandal Project, backed by a $5 million strategic placement from Zijin Mining.

OD6 Metals has encountered a regulatory pause in its maiden drilling at the historic Gulf Creek Copper Project, with assay results expected in Q2 2025. Meanwhile, rare earth metallurgical testing at Splinter Rock progresses positively amid a solid cash position.

Micro-X Ltd has secured a $5.6 million strategic partnership with Malaysian firm Billion Prima and raised $4 million in capital, marking a pivotal shift towards medical imaging while progressing key security and health technology projects.

NH3 Clean Energy has reported a significant uplift in the value of its WAH2 clean ammonia project following completion of Pre-FEED engineering, alongside strategic export agreements and a recent capital raise.

Buxton Resources reports a 345% increase in contained graphite at its Graphite Bull Project and confirms IGO's $5.35 million commitment to expand its Copper Wolf JV interest to 70%.

Sprintex Limited has advanced its commercial and technological milestones with major European and Indian orders, breakthrough energy efficiency validation, and a successful A$3.25 million equity raise, positioning the company for accelerated growth.

Catalina Resources has completed its acquisition of the Central Yilgarn Project, unveiling multiple high-grade gold and silver targets, while securing $2.77 million through placement and rights issues to accelerate exploration.

Arrow Minerals has reported a maiden Mineral Resource of 185 million tonnes at 42.3% alumina for its Niagara Bauxite Project, alongside strong progress on a scoping study targeting June 2025 completion. The company is also advancing its Simandou North Iron Project with strategic partnerships and metallurgical work.

Mineral Resources Limited reported a steady Q3 FY25 with operational progress at Onslow Iron and lithium assets, alongside ongoing corporate governance reforms and robust financial health.

Bellevue Gold Limited reported modest operating cash flow for Q1 2025, heavy investment in development, and a significant post-quarter capital raise to strengthen its financial position.

Bellevue Gold Limited reported a softer March quarter with production impacted by localized mining issues, prompting a revised FY25 guidance and a $156.5 million capital raise to close out near-term hedges. The company is initiating a strategic review while targeting stronger production in FY26 and beyond.

Helix Resources has entered binding agreements to earn up to 40% of the Gold Basin oxide gold project in Arizona, a significant move supported by a planned resource update incorporating extensive recent drilling.