Latest Development Funding News

Jindalee Lithium progresses its McDermitt Lithium Project with strong US government support and a promising new refining technology partnership, aiming to enhance sustainability and reduce costs.

Orion Minerals is advancing its Prieska Copper Zinc Mine towards production, targeting first concentrate by Christmas 2026, supported by a recent $5.8 million capital raise and ongoing project optimisation.

Opthea has discontinued its sozinibercept program after Phase 3 trial failures, leading to drastic staff cuts and a sharp decline in cash reserves amid ongoing funding negotiations.

Andromeda Metals has advanced funding and technical milestones for its Great White Project, securing a $75 million debt facility and validating its kaolin product for industrial ceramic applications.

Wildcat Resources has completed a positive Preliminary Feasibility Study for its Tabba Tabba lithium project in Western Australia, confirming a long-life mine with strong financial metrics and a clear path to development.

MEC Resources has boosted its investment in Advent Energy, navigates ongoing PEP-11 permit legal challenges, and highlights promising developments in clean hydrogen production.

Raptis Group Limited completed a nearly $2 million capital raise and announced plans to acquire a related party management business, alongside significant board changes and steady cash flow from its property management operations.

Revolver Resources has completed critical engineering designs and secured over A$1 million in government grants and royalties, setting the stage for a targeted restart of copper production at its Dianne Copper Mine in late 2025.

Chariot Corporation Ltd is set to acquire a 66.7% interest in a substantial Nigerian lithium portfolio, marking a strategic entry into Africa’s burgeoning lithium sector with a US$10 million funding commitment.

Island Pharmaceuticals has accelerated its acquisition of the Galidesivir antiviral program from BioCryst Pharmaceuticals, adding a clinically advanced asset with significant US government backing and a promising regulatory pathway.

Medallion Metals reports standout gold and copper assays from Harbour View infill drilling, reinforcing resource confidence ahead of a July update and advancing its strategic Forrestania acquisition.

Finder Energy has successfully raised $6 million through a placement led by major shareholder Longreach Capital, aiming to accelerate its Kuda Tasi and Jahal offshore oil development towards a Final Investment Decision.