Latest Capital Markets News

Benz Mining has launched its inaugural drilling campaign at the Glenburgh Gold Project in Western Australia, aiming to expand high-grade gold resources with results expected to shape an updated mineral resource estimate later this year.

Flynn Gold Limited has unveiled a maiden exploration target of approximately 0.5 million ounces of gold at its Golden Ridge Project in Tasmania, alongside ongoing drilling programs aimed at expanding its high-grade gold and silver resource base.

Dreadnought Resources has inked a $1 million share subscription deal with Black Cat Syndicate, securing a pivotal development right for the Star of Mangaroon gold project and setting the stage for drilling to commence in early 2025.

Aeris Resources has secured a six-month renewal of its ANZ contingent instrument facility, providing a crucial runway as it progresses refinancing and develops key growth projects.

DMC Mining Limited reported a $206,000 net cash outflow for Q4 2024, with a cash balance dwindling to $33,000. The company has secured a $525,000 loan and is actively pursuing additional funding to support its upcoming public offer and operational needs.

Dateline Resources Limited’s latest quarterly report reveals a sharp decline in cash reserves, underscoring the company’s urgent need to secure additional funding to sustain its exploration activities.

Poseidon Nickel Limited and Horizon Minerals Limited have secured decisive shareholder approval for their merger via schemes of arrangement, marking a pivotal step toward creating a new mid-cap mining entity in Western Australia.

Culpeo Minerals Limited reported a net cash outflow of $246,000 for the December 2024 quarter but retains robust liquidity with $3.7 million in available funding. The company’s cash position and financing facilities suggest it is well-positioned to continue its exploration activities.

Jindalee Lithium Limited reported a $935,000 net cash outflow for the December 2024 quarter, maintaining a cautious but confident stance on securing future funding to support ongoing exploration activities.

Great Northern Minerals Limited reports significant progress in the sale of its Golden Ant Mining project, with a $1.3 million Earn-In Stage payment expected soon, alongside notable board changes and strategic project reviews.

Freehill Mining Ltd’s December quarter cash flow report reveals a $114,000 net cash outflow from operations but highlights a solid liquidity position with $301,000 in unused financing facilities.

Blue Energy Limited reports steady progress in its Sapphire Pilot gas production despite operational interruptions and ongoing environmental authority appeals, while advancing seismic exploration in the Northern Territory.