Latest Development Activity News

MRG Metals Limited has announced a non-renounceable pro-rata entitlement offer to raise approximately $818,000, aiming to fund exploration and development activities across its heavy mineral sands projects in Mozambique.

Magnum Mining & Exploration has completed key acquisitions of copper-gold projects in the USA and a rare earths package in Brazil, while raising $0.5 million through a recent entitlement offer to fund exploration and development.

Andean Silver Limited has raised A$30 million through a well-supported placement, positioning the company to accelerate exploration and advance mining studies at its Cerro Bayo Silver-Gold Project in Chile.

James Bay Minerals reports promising drill results from its Independence Project in Nevada, revealing significant extensions of high-grade gold, silver, and copper mineralisation beyond the current near-surface resource estimate.

Zenith Minerals has secured final Turkish regulatory approval for the sale of its Kavaklitepe Gold Project stake, unlocking approximately A$830,000 in cash proceeds. This milestone paves the way for the company to accelerate exploration at its core Australian gold assets.

American West Metals has finalized a binding offtake agreement and secured significant project financing with Ocean Partners, advancing the development of its Storm Copper Project in Nunavut, Canada.

Agrimin Limited's associate, Tali Resources, officially lists on the ASX with Agrimin holding a significant 27% stake following a fully subscribed $2 million priority offer.

Osmond Resources has verified monazite as the dominant rare earth mineral at its Orión Project in Spain, highlighting elevated levels of critical magnetic rare earth elements. A maiden drilling program and ongoing metallurgical testing aim to advance the project as a strategic EU supply source.

Galileo Mining reports robust cash reserves and promising platinum group element assays at its Norseman project, while advancing exploration at Fraser Range and extending its lithium joint venture with Mineral Resources Ltd.

Gold Road Resources has agreed to a $3.40 per share acquisition by Gold Fields, combining fixed and variable cash components tied to Northern Star shares. Meanwhile, Gruyere mine production remains steady, with costs edging higher and strong cash flow underpinning the company’s financial position.

Rapid Critical Metals has completed its capital consolidation and placement, reshaping its issued capital structure with shareholder approval.

Imugene Limited has launched a $37.5 million equity raising through a Placement and Share Purchase Plan, offering new shares and options to fund its pivotal azer-cel clinical program. The raise includes attaching and piggyback options, subject to shareholder approval, aiming to bolster the company’s immuno-oncology pipeline.