Latest Development Finance News

EV Resources has appointed Michael Brown as Managing Director and CEO to spearhead its North American antimony supply strategy, aiming to restart production in Mexico and expand U.S. projects amid rising demand for critical minerals.

NH3 Clean Energy updates investors on the WAH2 clean ammonia project, highlighting strong market potential, strategic partnerships, and robust project economics as it moves toward a Final Investment Decision.

Renergen Limited reports significant progress on its merger with ASP Isotopes, resolves a key dispute with Springbok Solar, and reveals promising exploration developments, while managing production and financial challenges.

Aspen Group has entered a conditional contract to acquire the remaining stages of the Wallaroo Shores master planned community in South Australia for $14.1 million, significantly boosting its development pipeline in a fast-growing region.

Tesoro Gold’s updated Scoping Study for the El Zorro Gold Project in Chile highlights a technically straightforward open pit operation with strong economics, projecting 1.26 million ounces of gold production over 13.5 years.

Superior Resources has expanded its Greenvale Project by over half, becoming the largest landholder in northeast Queensland’s promising mineral region. This strategic move positions the company at the forefront of multiple world-class mineral opportunities.

Centuria Capital Group has outperformed its FY25 earnings guidance, reporting a 4.3% rise in operating EPS and announcing ambitious FY26 growth targets alongside the launch of Australia’s first public sovereign AI Factory.

Syrah Resources’ Mozambican graphite operation receives a $6.5 million loan disbursement from the US DFC, with further funding contingent on a critical loan restructure planned for September.

Syrah Resources has initiated a fully underwritten A$70 million equity raising alongside a two-year forbearance agreement with the US Department of Energy, supporting its Vidalia and Balama operations. The retail entitlement offer opened on 6 August and closes on 20 August 2025.

Raptis Group Limited has secured $16.6 million in revenue through two related party transactions, pending shareholder approval. These deals, facilitated by its subsidiary FSU Capital, highlight ongoing strategic partnerships within the company’s leadership circle.

Evion Group’s Maniry Graphite Project in Madagascar has been designated a Strategic Project by the European Union, enhancing its development prospects. Meanwhile, Evion’s joint venture in India secured a maiden US order for expandable graphite, signaling growing global demand.

Medallion Metals has amended terms to acquire 100% of Forrestania Nickel Operation assets, while progressing strong drilling results and financing discussions at Ravensthorpe Gold Project, positioning for a Final Investment Decision in late 2025.