Latest Capital Raises News

QEM Limited has marked significant progress at its Julia Creek Vanadium and Energy Project, finalising key heritage agreements and completing critical drilling, while new metallurgical findings prompt a strategic review of the project’s development path.

Arcadia Minerals has secured a binding farm-in agreement with Kaoko Metals for its Karibib Copper Gold Project, unlocking immediate cash and future equity incentives while advancing exploration partnerships across its Namibian portfolio.

Ballymore Resources has reported strong high-grade gold assay results from its Dittmer Project in Queensland, alongside key regulatory progress and a successful $4.5 million capital raise to fund ongoing exploration.

SQX Resources advances exploration in Queensland and secures 80% stake in two promising US gold projects, backed by a $2 million placement to accelerate development.

High-Tech Metals has made significant strides in advancing its Mt Fisher and Mt Eureka gold projects, completing drilling and securing key approvals to fast-track production. Strategic joint ventures and a strengthened leadership team position the company for near-term growth.

Paterson Resources has completed a $1.7 million capital raise, positioning itself to launch an 8,500-meter drilling campaign at its Grace Gold-Copper Project in Western Australia’s Paterson Province. This program aims to upgrade the project’s resource classification and support a mining lease application.

Alara Resources has reported a significant production uplift at its Al Wash-hi Majaza mine following the commissioning of two new tailings filter presses, alongside securing the Daris 3A5 mining license and initiating drilling at the Al Mansur Prospect.

RareX Limited reports continued high-grade gallium results at Cummins Range and strategic progress on its Mrima Hill project in Kenya, backed by a $50 million funding facility and key partnerships.

Oldfields Holdings navigated a challenging first quarter of FY2026 with tight cash flow and subdued sales but made strategic moves to streamline operations and bolster scaffold order backlogs for growth.

DY6 Metals has significantly expanded its Central Rutile Project in Cameroon, confirming high-grade rutile mineralisation and securing A$4.625 million to accelerate exploration. The company also initiates a strategic review of its Malawian rare earth portfolio amid growing market interest.

KNeoMedia reports significant progress toward ASX reinstatement, driven by strategic capital raises and the expansion of its KneoScience platform into New York high schools, boosting potential revenue and student reach.

AXP Energy has drilled its inaugural vertical well in Oklahoma following a significant lease acquisition and raised A$2.7 million to fund exploration, while production in Colorado declined due to operational challenges.