Latest Capital Raising In Mining News

Magnum Mining & Exploration has raised $7 million through an oversubscribed placement to accelerate its critical minerals processing hub in Nevada and expand rare earth exploration in Brazil, aligning with US strategic priorities.

Peel Mining Limited has launched a $2.5 million Share Purchase Plan offering eligible shareholders discounted shares following a $16.25 million placement. The move aims to bolster funding for exploration and corporate initiatives while giving retail investors a chance to participate.

Freehill Mining has secured $300,000 through a non-brokered placement to fund capital upgrades in its Chilean aggregates business and explore higher-value commodity opportunities.

AuKing Mining has successfully closed a two-tranche placement raising $1.17 million, with directors actively participating, to fund its Cloncurry Gold Project acquisition and reduce existing debt.

Variscan Mines has successfully completed the initial phase of its $2.5 million capital raise, bolstering funds for advancing its Novales-Udias zinc-lead project in Spain.

AIC Mines has successfully raised over $14 million through a Share Purchase Plan, exceeding its $10 million target, to fund expansions at its Eloise processing plant and the Jericho copper mine development.

Blackstone Minerals has completed its merger with IDM International, acquiring the high-grade Mankayan Copper-Gold Project in the Philippines and reporting promising deep drill results. The company also raised $22.6 million to accelerate exploration.

DMC Mining Group reported a modest cash outflow for Q2 2025 while securing a loan facility variation and launching a $6 million capital raising to bolster its funding position.

Kingfisher Mining has secured a strategic portfolio of copper, gold, silver, lead, and zinc projects across New South Wales, backed by a $1.85 million capital raise to accelerate exploration.

Australian Mines Limited has secured earn-in rights to the advanced Boa Vista Gold Project in Brazil’s prolific Tapajós Gold Province, aiming to earn up to an 80% stake through staged exploration and development milestones. The company also announced a $2.5 million capital raising to fund upcoming exploration activities.

Magnum Mining & Exploration has successfully raised nearly half a million dollars through a non-renounceable entitlement offer, with a substantial shortfall offer now available to investors.

Magnum Mining and Exploration Limited has announced a pro-rata entitlement offer to raise up to $2.24 million, aiming to fund key exploration projects across Brazil, the US, and Nevada. The offer carries significant dilution risks for non-participating shareholders and underscores ongoing operational uncertainties.