Latest Capital Funding News

Everest Metals has converted part of its Mt Dimer gold resource from Inferred into higher-confidence Measured and Indicated categories, while mining has produced a 142,000-tonne stockpile ahead of planned toll treatment. The immediate test is whether that stockpile can become cash flow, while deeper drilling seeks to expand confidence below the current pit.

TerraCom’s audited FY2026 results turned a previously reported A$45.6 million loss into a A$155.5 million statutory loss after A$103.5 million of non-cash impairments. The auditor highlighted material uncertainty over the company’s ability to continue as a going concern as Blair Athol remains below plan and new funding is not yet fully secured.

Locksley Resources has halted active field exploration across its Mojave antimony and rare earths project after antimony prices fell more than 57% from mid-2025 peaks. The strategic reset came as the company reported a widened FY26 loss of A$15.65 million and shifted attention to copper-gold assets in New South Wales.

QMines has moved its Mt Chalmers copper-gold project into a Definitive Feasibility Study after securing a $15 million strategic package from QIC. The development push comes alongside a larger annual loss, $9.21 million in operating cash outflow and continued reliance on future funding.

Rokeby Resources has shifted its centre of gravity to the Omeo Gold Project, but the strategic reset comes after a near-doubling annual loss and with substantial future funding obligations. The company ended FY2026 with A$3.39 million in cash and drilling underway at Sunnyside.

Mount Ridley Mines has used its FY2026 annual report to put scale and processing progress at the centre of its Grass Patch story, including a post-year-end scandium resource upgrade to 946.1 million tonnes. The company remains loss-making and pre-production, but September testwork reported approximately 92% scandium recovery and average heavy rare earth recovery of about 84%.

Barton Gold has moved deeper into development after raising $40.9 million, completing its largest-ever drilling campaign and ending FY2026 with $31.9 million in cash. The progress came alongside a $22.4 million loss as spending accelerated across Tunkillia, Challenger, Tolmer and Wudinna.

Mammoth Minerals expanded its Nevada exploration portfolio and drilled more than 21,000 metres at the Buster Trend, but its FY2026 report also highlights a material uncertainty over its ability to continue as a going concern. The company posted a larger loss and remains dependent on future equity funding to sustain exploration.

Australian Vanadium reported progress across its mine, electrolyte and battery businesses, but auditors highlighted material uncertainty over the company’s ability to continue as a going concern. The group held $17.9 million in cash at 30 June, yet expects to need additional funding within 12 months.

D3 Energy has lifted its combined 2C recoverable helium resource by 65% to 35.6 BCF while securing A$6.12 million in fresh capital. The annual report also shows the cost of advancing the portfolio, with the FY2026 loss widening to A$6.11 million and operating cash outflow reaching A$3.84 million.

Galilee Energy will begin sidetracking the Zydeco-1 well on 28 September to test five shallow oil zones in Louisiana. The A$3.5 million program is funded, but any move into production still depends on drilling, evaluation and flow-test results.

Resolution Capital Global Listed Infrastructure Fund (ASX:RII) delivered double-digit returns across all major unit classes in the year to 30 June 2026, beating its benchmarks by a wide margin. Net assets more than doubled to $424.7 million as profit rose to $56.0 million and investor distributions reached $25.7 million.