Latest Finance News

Queste Communications reported a $3 million inflow from an iron-ore royalty termination in May 2025, bolstering its cash reserves to over $4 million despite ongoing operating cash outflows.

GTI Energy’s updated scoping study for its Lo Herma Uranium Project in Wyoming highlights a promising low-cost in-situ recovery operation with robust economics and a 7-year mine life. The study outlines a central processing plant scenario delivering strong returns amid a supportive regulatory and infrastructure environment.

Toys’R’Us ANZ Limited has appointed voluntary administrators after abandoning its recapitalisation efforts, with ASX trading suspended immediately. The company aims to explore restructuring or sale options while maintaining operations.

FireFly Metals has secured C$25.8 million through a Canadian bought deal and an A$46 million Australian equity raise to fund expansion and exploration at its Green Bay Copper-Gold Project in Newfoundland.

BetMakers Technology Group launches a $13.5 million equity raise to fund the acquisition of Las Vegas Dissemination Company and strengthen its financial position amid improving operational metrics.

Evion Group’s Maniry Graphite Project in Madagascar has been officially recognised as a strategic supplier under the EU’s Critical Raw Materials Act, opening doors to accelerated permits, funding, and partnerships.

Sarytogan Graphite Limited’s flagship deposit in Kazakhstan has been designated a Strategic Project under the EU’s Critical Raw Materials Act, positioning it as a key supplier for Europe’s battery and industrial sectors.

Empire Energy Group has launched a $28 million equity raise to finance critical development activities in the Beetaloo Basin, targeting first gas sales from its Carpentaria Pilot Project in 2025. The capital raise, combined with a $65 million financing package, underpins the company’s ambition to commercialize one of Australia’s largest low-CO2 shale gas resources.

Spartan Resources Limited shareholders are set to vote on a scheme of arrangement for Ramelius Resources Limited to acquire all Spartan shares, creating a leading Australian gold producer with a pro forma market capitalization of $5.3 billion.

Challenger Gold Limited’s Preliminary Feasibility Study for the Hualilan Toll Milling Project outlines a robust three-year operation delivering 450,000 tonnes of gold-silver ore to Austral Gold’s Casposo plant, with strong economics and low upfront capital.

Challenger Gold has completed a Pre-Feasibility Study for toll milling at its Hualilan Gold Project, revealing strong economics, low capital requirements, and a swift payback period. The study underscores the project's potential to generate significant cash flow over three years through a toll milling arrangement with Austral Gold.

Challenger Gold has raised A$34.5 million through an institutional placement to fund near-term gold production and expand development at its Hualilan project in Argentina.