Latest Development Activity News

Carnavale Resources has announced a fully underwritten entitlement issue to raise up to $4.09 million before costs, offering one new share for every four held plus free attaching shares. The capital raise precedes a proposed 15, 1 share consolidation subject to shareholder approval.

Ardiden Ltd’s trading suspension has been lifted following its announcement of a significant gold acquisition and a capital raising initiative, signaling a pivotal moment for the company’s growth strategy.

Ardiden Ltd has announced a transformative merger with Lac Gold Limited, combining two significant Canadian gold assets into a well-funded exploration and development company. The deal brings together the advanced-stage Rouyn Gold Project in Quebec and Ardiden’s Pickle Lake Gold Project in Ontario, creating a balanced portfolio with strong growth potential.

Toubani Resources has locked in a transformative A$395 million funding package to advance its Kobada Gold Project in Mali, setting the stage for production to commence by the third quarter of 2027.

Buru Energy secured key government approvals and identified a promising new gas prospect beneath its Rafael field, while raising $4.4 million to fund development activities. The company is gearing up for a Final Investment Decision in 3Q 2026, aiming for first material cash flow by 2028.

Kairos Minerals has finalized a pivotal mineral rights agreement with Pilbara Minerals, granting it extensive rights over key Pilbara licences and setting the stage for a significant drilling campaign to expand its Mt York gold resource.

Orthocell Limited has reported a record $3 million quarterly revenue, driven by strong sales of its nerve repair product Remplir in Australia and Singapore, while advancing its rollout in the US and Canada ahead of schedule.

Podium Minerals has initiated a fully underwritten entitlement offer to raise approximately A$7 million, aiming to fund pilot plant testing and resource expansion at its Parks Reef PGM Project. The offer invites eligible shareholders to acquire new shares at 6.4 cents each, reinforcing Podium’s growth trajectory amid rising platinum group metal prices.

GBM Resources has raised nearly A$40 million through a major institutional placement led by its largest shareholder, Wise Walkers Limited, to fund exploration and development in Queensland’s Drummond Basin gold projects.

Uvre Limited has gained approval for a secondary listing on the New Zealand Stock Exchange, complementing its ASX listing and enhancing access to New Zealand investors. This move aligns with its expanding gold exploration projects across New Zealand.

WA1 Resources has released new drilling results from its Luni Niobium Project, confirming the continuity of high-grade niobium zones and advancing pre-development activities ahead of a planned resource update in 2026.

Develop Global Limited's updated Definitive Feasibility Study for its Sulphur Springs Zinc-Copper Project reveals a 76% surge in project valuation and a doubling of free cash flow to A$1.5 billion, setting the stage for final investment decision and construction.