Latest Finance News

Podium Minerals has launched a A$12 million capital raising to accelerate development at its Parks Reef platinum group metals project, following a key metallurgical breakthrough and resource upgrades.

Nelson Resources has entered a pivotal Right to Mine Agreement with MEGA Resources, securing up to $10 million in funding and mining expertise to advance the Yarri Gold Project near Kalgoorlie.

Flagship Minerals has raised $4 million through a share placement, including a strategic $2.5 million investment from global EPC leader Xinhai, to advance the Pantanillo Gold Project towards feasibility and development.

Vanadium Resources Limited has appointed mining entrepreneur Nick Diack as CEO to spearhead the transition of its Steelpoortdrift Vanadium Project towards near-term production, signaling a strategic shift backed by strong industry expertise and performance-linked incentives.

Ridley Corporation has completed its $300 million acquisition of Incitec Pivot Fertilisers, marking a strategic expansion into a new growth pillar within Australian agricultural services.

Rumble Resources is set to begin a 20,000-metre diamond drilling program at its Western Queen Gold Project, aiming to expand gold resources and explore tungsten revenue potential as it advances underground mining studies.

OD6 Metals has selected an innovative process flowsheet for its Splinter Rock Rare Earth Project, achieving approximately 75% recovery of key rare earths with superior product purity and optimized costs. This milestone sets the stage for advanced testing and mining studies as the company advances toward production.

DeSoto Resources has partnered with Fortuna Mining to form a $12.5 million joint venture targeting new gold exploration permits in Guinea’s prolific Siguiri Basin. The alliance leverages local expertise and significant funding to pursue large-scale discoveries.

Broken Hill Mines has locked in a US$25 million senior secured financing facility alongside a major silver-lead concentrate offtake agreement with Hartree Metals, underpinning growth at its Rasp and Pinnacles mines.

Orion Minerals has raised A$5 million through a share placement to fund early development at its Prieska Copper Zinc Uppers mine and advance studies at the Okiep Copper Project, underpinning its transition towards production.

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.

ParagonCare has released its audited FY25 financial results, confirming steady profit while revealing a significant reclassification of debt and ongoing challenges with a major retail pharmacy receivable.