Latest Finance News

Toubani Resources has kicked off construction at its Kobada Gold Project in Mali following a positive Final Investment Decision, while securing a US$83.5 million financing package to support development.

Brightstar Resources (ASX:BTR) has fully funded its Goldfields Project development with a $193 million equity raise and a US$120 million senior secured bond, targeting 75,000oz gold production from mid-2027 while progressing Sandstone towards a Final Investment Decision.

Ardea Resources is progressing its Kalgoorlie Nickel Project’s Definitive Feasibility Study with strong financial and strategic support from a Japanese Consortium and government export banks, aiming to secure a major nickel-cobalt supply chain.

Argenica Therapeutics is progressing its ARG-007 drug toward a targeted Phase 2b trial for acute ischaemic stroke, leveraging AI for patient selection and securing key regulatory approvals, while maintaining a solid cash position of $8 million.

Lefroy Exploration has transitioned to producer status with first gold from Lucky Strike, strong drilling results pointing to resource expansion, and a bolstered cash position supported by BML Ventures financing.

Arafura Rare Earths has locked in binding cornerstone equity agreements worth approximately A$230 million, bolstering its path to a final investment decision for the Nolans Project. The company also acquired critical camp infrastructure and is progressing technology development and offtake negotiations amid supportive government frameworks.

Element 25 progresses its Butcherbird manganese expansion targeting 1.1Mtpa output, securing key contracts and raising $18 million to fuel growth in steel and battery markets.

Bellevue Gold Limited surged to record underlying free cash flow of A$158 million in the March 2026 quarter, driven by a 28% jump in ore grades and increased production. The company also advanced exploration with a new high-grade discovery and progressed its $35-40 million paste plant project while maintaining a strong sustainability profile.

Sovereign Metals' March 2026 update reveals a robust DFS for its Kasiya Rutile-Graphite Project, a substantial resource upgrade, strategic offtake MOUs, and a high-value heavy rare earth by-product discovery.

EVE Health Group has begun commercial sales of Libbo, an oral dissolving film for erectile dysfunction, supported by a new digital men’s health platform. The company also expanded its pharmaceutical pipeline and secured $1.3 million in fresh capital to fund ongoing development and commercialization.

Argosy Minerals pushes forward its 12ktpa Rincon Lithium Project in Argentina, nearing DFS completion and securing a key 40MW energy infrastructure agreement amid robust lithium market demand.

Ragusa Minerals has taken a major step in its US expansion by acquiring a controlling stake in Pegasus Tel Inc. and its Purple Pansy Manganese-Gold Project, backed by high-grade assay results and fresh capital.