Latest Strategy Changes News

Summit Minerals has closed its entitlement offer with just over a third of shares taken up, leaving a significant shortfall to be allocated by the underwriter. The funds raised will support exploration in Brazil and corporate activities.

Jindalee Lithium has initiated a significant core drilling program at its McDermitt Lithium Project in the US, aiming to enhance lithium recovery and explore valuable magnesium by-products. Results are anticipated in early 2026, marking a pivotal step in advancing this major lithium resource.

Lefroy Exploration has secured final approvals for the Lucky Strike Gold Mine, setting an accelerated timeline for mining and first gold production by March 2026. Partnering with BML Ventures, the company is poised to transition into gold production with strong financial backing.

Kalamazoo Resources has released a compelling Scoping Study for its Mt Olympus Deposit within the Ashburton Gold Project, outlining a technically robust, high-margin gold operation with strong financial metrics and significant upside potential.

Auric Mining has successfully sold its first gold from the Munda Gold Mine, generating nearly A$11 million in revenue and setting a promising tone for 2026 production growth.

Vmoto Limited reported a 15.9% increase in unit sales for 3Q25 alongside operational cash flow positivity and progress on new manufacturing sites in China and Thailand. The company’s expanding e-mobility solutions and strong international order book signal a promising outlook.

Finbar Group Limited reports a surge in 2025 sales and unveils a robust $1.2 billion development pipeline, capitalizing on Western Australia's booming apartment market driven by strong migration and investor demand.

Arafura Rare Earths has successfully completed the first tranche of its A$475 million capital raising, issuing 440.6 million shares and securing A$123.4 million before costs. The second tranche, worth A$351.6 million, awaits shareholder approval.

Pacific Nickel Mines Limited has agreed to sell its entire interest in the Kolosori Nickel Project to Green Rock Limited for a nominal $1, while securing a royalty agreement tied to future nickel ore shipments.

Finder Energy has signed a farmout agreement assigning 40% of its North Sea P2530 licence to Serica Energy, retaining operatorship and a 20% stake. This move aims to accelerate appraisal and development of the Wagtail oil discovery through strategic partnership and regulatory approvals.

McLaren Minerals Limited has announced a fully underwritten non-renounceable pro-rata entitlement offer to raise approximately $3.6 million, issuing new shares at 1.8 cents each with free-attaching options. The capital raise aims to fund exploration and development activities as the company advances its mining projects.

Brightstar Resources has enhanced its leadership team with seasoned mining executives and is advancing its Sandstone project, targeting a resource upgrade in early 2026 as it pursues a +200,000-ounce annual gold production goal.