Latest Business Development News

Equatorial Resources reports a postponed arbitration hearing over Congo iron ore disputes and seeks clarity on Guinea permit cancellations, while maintaining a solid cash reserve.

Sierra Nevada Gold (ASX, SNX) advances its Nevada gold projects with high-grade results and a new mining permit, while pursuing exploration licenses in Saudi Arabia and raising A$9.65 million in a strategic placement.

Macro Metals Limited has bolstered its financial position with a $2 million capital raise while making significant progress across its iron ore and construction sand projects, underpinned by strong Indigenous joint ventures and mining services development.

Orbital Corporation Ltd reports a robust Q1 2025 with increased revenues, successful prototype completion of a new 350cc heavy fuel engine, and strategic partnerships positioning it for growth in the evolving UAV market.

SOCO Corporation has returned to profitability in FY25, driven by strategic contract wins and client diversification. The company is now focusing on expanding recurring revenues and leveraging AI and cybersecurity capabilities for future growth.

Bayan Mining and Minerals Limited reports significant progress in its rare earth and gold exploration projects, highlighted by high-grade assay results and strategic land acquisitions in California and Nevada.

Anatara Lifesciences reports steady progress in its anti-obesity pre-clinical studies with results expected by year-end, while preparing its GaRP gastrointestinal health data for publication amid ongoing commercial talks. The company also announces a key board appointment and a $1.2 million capital raise.

Resolution Minerals is fast-tracking its downstream antimony strategy in Idaho, aiming to become a key US supplier while preparing for a Nasdaq listing with Tribeca Capital's support.

Peel Mining has significantly increased its Share Purchase Plan to $5 million following overwhelming shareholder interest, reflecting strong confidence in its Cobar Basin assets.

PlaySide Studios reported a tough FY25 with a 25% revenue drop and a $7.4 million EBITDA loss, prompting a swift restructure. The company is optimistic about FY26, driven by strong original IP titles and expanding external projects.

Lincoln Minerals has appointed Chris Wilcox as CEO and Greg English as Chair, marking a strategic leadership overhaul aimed at driving exploration growth across its South Australian mineral assets.

Solstice Minerals reports its strongest gold drill results yet at Yarri’s Bluetooth and Edjudina Range prospects, while gearing up for a significant copper-gold resource expansion program at Nanadie.