Latest Capital Raises News

Augustus Minerals reported promising gold assay results at its Music Well project, alongside progress in Papua New Guinea exploration and a $2.5 million capital raise featuring Gold Fields’ backing.

Australian Silica Quartz Group (ASQ) finalises its acquisition of Australian Kaolin, securing a 47Mt kaolin resource and mining approval for a 250,000 tonne per annum operation. The company progresses kaolin beneficiation in China, explores high purity quartz projects, and advances gold targets at Koolyanobbing, supported by a $1.33m cash position.

Terra Metals has significantly expanded its Southwest Discovery at the Dante Project with diamond drilling revealing a massive 448-metre continuous PGM-Cu-Ni mineralised interval. The company bolstered its leadership team and secured $20.8 million in fresh funding to accelerate exploration.

Miramar Resources has doubled its gold Exploration Target at the Gidji JV near Kalgoorlie and completed its first drilling program at Chain Pool in over 60 years, while finalising the sale of Randalls Project and securing government grants to fund ongoing exploration.

PolarX Limited has reported standout high-grade copper and gold assay results from its Alaska Range Project, with Northern Star increasing its joint venture stake and fully funding a major 10,000m drilling campaign scheduled for 2026.

Sprintex boosted its commercial footprint in the June quarter with a 65% order book increase from Mest Water, a paid trial at Taiwan's TSMC, and Dutch regulatory clearance lifting key uncertainties.

Revolver Resources has completed critical design and infrastructure upgrades at its Dianne Copper Mine Project, edging closer to a Final Investment Decision and first copper production within a year.

Pantera Minerals has solidified its position in the US antimony market with exceptional assay results at its Gillham Project, while its strategic investment in EnergyX has surged in value following a capital raise price increase.

Daly Resources has launched on the ASX with a $12 million IPO, immediately reigniting exploration at its key Huckitta Fluorite-Copper Project in the Northern Territory, supported by strong cash reserves and a major shareholder backing.

Emu NL has launched its largest drilling program yet at the Georgetown Copper Project, backed by a recent A$2.98 million capital raise. The company aims to systematically test high-priority copper targets at Yataga Valley following improved geological modeling.

RooLife Group (ASX:RLG) is expanding its renewable energy footprint by acquiring a battery storage and microgrid business and raising $1.06 million in a placement to fund growth and project delivery.

G50 Corp has raised A$26.25 million through a well-supported institutional placement, with Hancock Prospecting taking a significant stake. The funds will accelerate drilling and metallurgical work at its Golconda and White Caps projects in the United States.