Latest Company Financing News

MC Mining advanced its Makhado hard coking coal project through hot commissioning, but ended September with only US$170,000 of cash and facilities before temporarily suspending all operations. The company is relying on shareholder funding to restart and complete the project ramp-up.

McLaren Minerals has moved its flagship McLaren Titanium Project into bankable feasibility, backed by a 529 million tonne resource and a 663-hole drilling campaign. But the pre-revenue explorer remains reliant on further funding, with the Barossa acquisition still conditional and 118.4 million options issued after year-end.

Nexsen Limited (ASX:NXN) reported a 30% rise in net loss to $6.55 million for FY26, driven by ongoing investment in its Group B Streptococcus rapid diagnostic and Asia-Pacific growth initiatives following its October 2025 IPO.