Latest Finance News

Highfield Resources reports steady progress on a proposed $300 million equity placement with Qinghai Salt Lake, aiming to accelerate its flagship Muga and Southey potash projects. While due diligence advances, no binding deal is yet secured.

Theta Gold Mines has successfully closed a US$4 million private placement, issuing over 47 million shares and nearly 24 million options to strengthen its South African gold projects. This capital injection supports advancing the TGME Underground Project, backed by a robust feasibility study.

Regal Partners estimates at least $35 million in performance fee revenue for the first half of 2025, driven by strong global equity strategies and diverse alternative funds. The full half-year results will be released on 25 August.

Cobalt Blue Holdings has secured a three-year extension to its Major Project Status for the Broken Hill Cobalt Project, reinforcing its strategic importance to Australia’s critical minerals sector and enhancing development prospects.

Austral Resources Australia Ltd has executed binding agreements to acquire the Rocklands Copper Mine, establishing a significant sulphide processing hub in North-West Queensland and advancing its regional consolidation strategy.

Terra Uranium Limited (ASX, T92) has agreed to acquire Dundee Resources Pty Ltd, gaining control of the Glen Eden project, the largest undeveloped tungsten-molybdenum deposit in New South Wales, backed by a $865,000 placement to fund exploration.

AuKing Mining has raised $1.177 million through a two-tranche share placement and signed a $5 million convertible loan facility with RiverFort Global Capital to support its Cloncurry Gold Project acquisition and development.

Loyal Metals Ltd has had its trading suspension lifted immediately after announcing a proposed acquisition and addressing a price query, signaling renewed market activity.

Blackstone Minerals has raised $22.6 million through a heavily oversubscribed placement led by Macquarie Bank, fueling a major drilling program at its Mankayan Copper-Gold Project in the Philippines. The capital raise follows a transformative merger and signals strong institutional confidence in the company’s growth strategy.

Universal Biosensors will lift its trading suspension following the announcement of a non-binding term sheet for a senior secured loan facility, signaling a potential boost to its financial position.

Pilot Energy has issued $600,000 in convertible notes under a previously approved $1.8 million facility with Discovery Investments, correcting a minor contractual reference without altering terms.

MedAdvisor Limited has entered a binding agreement to sell its ANZ business division and intellectual property to Jonas Software for a headline price of $35 million plus an uncapped earn-out. The deal marks a strategic pivot as MedAdvisor focuses on its US operations.