Latest Capital Raises News

Austral Resources Australia Ltd has emerged strongly from a 26-month ASX suspension, delivering robust copper production and sales that beat expectations in the December 2025 quarter. The company’s strategic acquisitions and exploration efforts position it for growth in 2026.

Tungsten Mining has successfully raised $53 million through a heavily oversubscribed placement, positioning itself to advance its critical tungsten projects amid rising commodity prices.

Kairos Minerals has acquired the Pincunah Project adjoining its Mt York Gold Project in WA’s Pilbara, unlocking new high-grade gold targets and planning a focused drilling campaign in 2026.

LinQ Minerals has raised A$15.4 million through a strongly supported institutional placement to accelerate drilling at its Gilmore Gold-Copper Project. The capital injection comes with attaching options and sets the stage for intensified exploration activity.

RareX Limited has successfully raised A$5 million through a share placement, bolstering its exploration and development efforts across key rare earth and critical mineral projects.

Canyon Resources advances steadily on its Minim Martap Bauxite Project with mining operations set to begin in February 2026 and a strong equity raise underpinning development.

Energy Resources of Australia reported a $45.3 million operating cash outflow in Q4 2025 but maintains robust liquidity from a prior $766 million capital raise, supporting operations through 2027.

Tesoro Gold Limited ended December 2025 with a strong cash position of AUD 29.2 million, supporting more than four quarters of exploration and operating activities. The company’s latest cash flow report reveals steady financing inflows amid ongoing investment in its gold exploration projects.

Tesoro Gold has reported strong progress at its El Zorro Gold Project with significant drilling results and a $34 million capital raise to advance development and exploration.

1414 Degrees has returned to trading on the ASX following a significant capital raise involving 44 million new shares issued to US institutional investor Lind Global Fund II. This move marks a key step in the company’s ongoing funding strategy to support its renewable energy technologies.

Sunshine Metals has increased its Liontown shallow gold resource by 14% to 108,000 ounces, advancing its pathway to near-term production in 2026. High-grade drilling results at the Sybil prospect and new VMS targets further strengthen the company’s exploration outlook.

Waratah Minerals reports robust drilling results at its Spur gold project and launches an ambitious 80,000-metre drilling campaign in 2026, backed by a solid $28.6 million cash position.