Latest Finance News

Coronado Global Resources has finalised a US$150 million secured lending facility to bolster its liquidity, supporting ongoing expansion and cost-saving efforts amid a tough coal market.

Pact Group Holdings has completed a $775 million refinancing of its senior and subordinated debt, extending maturities and reducing near-term refinancing risk while maintaining growth capacity.

Horizon Oil has finalized amendments to its senior debt facility with Macquarie Bank, enabling the acquisition of significant gas assets in Thailand that will add approximately 2,000 barrels of oil equivalent per day to its production.

Lakes Blue Energy has raised $6.5 million through a fully underwritten placement to fund the drilling and testing of its Wombat 5 appraisal well in Victoria, positioning itself to address looming gas shortages on Australia’s east coast.

Diatreme Resources’ Northern Silica Project has been awarded Major Project Status by the Australian Government, marking a pivotal step in advancing critical minerals development in Queensland. This designation streamlines federal approvals and supports the project’s role in the clean energy supply chain.

Recce Pharmaceuticals has locked in a non-dilutive A$30 million debt facility with Avenue Capital Group, extending its cash runway to support pivotal Phase 3 trials and commercialisation of its synthetic anti-infective R327G.

Aguia Resources has landed a A$4 million loan offer from Brazil’s Southern Development Bank to fund the initial phase of its Tres Estradas phosphate project, enabling production to commence by early 2026 with plans for rapid expansion.

Element 25 has locked in a $50 million senior debt facility from the Northern Australia Infrastructure Facility to expand its Butcherbird manganese project, underpinning supply for its US battery materials plant.

FBR Limited has entered a non-binding MOU with Habitat NT for the sale of a Hadrian X robotic block-laying unit, aiming to accelerate construction in Darwin amid a housing shortage and infrastructure upgrades.

Volt Resources has completed a scoping study for its Alabama Graphite Refinery, revealing robust project economics and a patented purification process that could reshape US graphite supply chains.

Lotus Resources has begun cold commissioning at its Kayelekera uranium project, targeting a Q3 2025 production restart while adopting an owner-operator mining model to reduce costs and enhance control.

Aguia Resources has reported promising initial drill results at its Santa Barbara gold project in Colombia, confirming key geological models and supporting a significant high-grade gold target. The company plans to accelerate drilling to further define the resource and advance mine planning.