Latest Strategy Changes News

ENRG Elements has successfully closed an oversubscribed entitlement offer, raising approximately $2 million to advance its gold-focused exploration projects in Central Asia and maintain existing assets.

Coda Minerals has raised $12.33 million to fully fund the Pre-Feasibility Study for its Elizabeth Creek Copper-Silver Project, with drilling now underway and a robust work program planned through 2026.

Viking Mines has expanded its gold discovery footprint at the Riverina East Project, recovering 120 nuggets and completing key drilling and surveys that reveal promising new structural targets.

Tamboran Resources has raised over US$56 million through a public offering and secured up to US$29.3 million via a PIPE, while forging a strategic partnership with Baker Hughes to advance its Beetaloo Basin shale gas development.

Andromeda Metals has launched a $15.5 million capital raising, including a $2.5 million Security Purchase Plan, to accelerate development of its Great White Project and advance HPA production.

Mt Malcolm Mines NL has announced a pro-rata renounceable entitlement issue to raise up to $2.33 million, partially underwritten by Mahe Capital Pty Ltd. The capital raise aims to fund exploration drilling, repay director loans, and support working capital.

MONEYME reported a robust start to FY26 with a 26% increase in its loan book and improved credit metrics, driven by strong originations and strategic product expansions.

Mt Malcolm Mines NL has announced a $2.3 million renounceable rights issue priced at 1.5 cents per share, aiming to fund exploration and development at its Malcolm Gold Project while strengthening its financial position.

Redcastle Resources is set to restart exploration drilling with a focused 2,700-metre Reverse Circulation program targeting key gold prospects in Western Australia’s Redcastle Project Area. The campaign aims to deepen geological understanding and leverage joint venture synergies to advance resource potential.

EV Resources has made significant strides in its antimony projects across Mexico and the US, securing a processing plant and planning a maiden drill program at Los Lirios, positioning itself for near-term production.

First Au Limited has struck a deal granting AustChina Holdings an exclusive 19-month option to acquire its Eastern Victorian Goldfield Project, unlocking value from a non-core asset while sharpening focus on its African and Western Australian ventures.

Firebird Metals has appointed industry veteran Ron Mitchell as CEO, signaling a strategic push in lithium and manganese battery materials development. The leadership reshuffle also sees Evan Cranston become Executive Chairman, while Peter Allen transitions to a consulting role.