Latest Finance News

Somerset Minerals has raised A$3.7 million through a dual placement to fund an aggressive 2026 drilling campaign at its Coppermine Project in Nunavut, targeting high-grade copper extensions and new discoveries across a vast landholding.

International Graphite Limited projects robust financial returns from its new expandable graphite facility joint venture in Germany, targeting production start in mid-2027 with rapid payback and low capital costs.

Rox Resources has ramped up operations at its Youanmi Gold Project, transitioning to 24-hour mining and completing key infrastructure ahead of production. The company is advancing permitting and financing milestones to maintain its development momentum.

ChemX Materials Limited has emerged from voluntary administration following a Deed of Company Arrangement, while securing a significant Japanese patent for its HiPurA® High Purity Alumina process.

Group 6 Metals Limited has updated its quarterly cash flow report, excluding certain financing from working capital calculations, while confirming sufficient funding and forecasting improved operational cash flows.

Altamin Limited has locked in $753,000 through a share placement to cover part of its entitlement offer shortfall, attracting sophisticated investors from the UK and Australia.

Power Minerals Limited retracts non-JORC historical data for its Gamma Project in California while progressing critical mineral projects across three continents, supported by strong drilling results and fresh capital raises.

EQ Resources Limited has locked in a €15 million three-year prepayment facility with Traxys Europe S.A., coupled with a five-year offtake agreement for tungsten concentrate from its Spanish mine, strengthening its financial footing and market position.

VBX Limited has confirmed the quality and scale of its Wuudagu C bauxite deposit through comprehensive infill drilling, reinforcing its Preliminary Feasibility Study and advancing its Definitive Feasibility Study with metallurgical optimization.

Frontier Energy has raised $11.5 million through a share placement to advance the Stage One development of its Waroona Renewable Energy Project, underpinning key financing milestones.

Carnegie Clean Energy’s Spanish subsidiary has received a significant pre-financing payment from the European Commission to advance innovations in wave energy technology through the COIN Project.

Race Oncology has raised $3.22 million through a private placement to fund its HARNESS-1 Phase 1a/b trial targeting non-small cell lung cancer, with patient enrolment expected early next year.