Latest Finance News

ADX Energy has formalised licence amendments and identified four drill-ready shallow gas prospects in Upper Austria, targeting Q4 2025 for initial drilling. The company is advancing farm-in discussions to capitalise on a low-risk, pipeline-proximate gas opportunity in a sought-after European market.

Adherium Limited has locked in $900,000 through convertible notes to fund the expansion of its Hailie® Smartinhaler® platform in the US, pending shareholder approval at the upcoming AGM.

Celsius Resources' Philippine affiliate has engaged Ausenco for a critical engineering design update, backed by a $10 million loan to push the Maalinao-Caigutan-Biyog Copper-Gold Project closer to construction.

AuKing Mining and Orion Resources have signed a non-binding $8 million financing term sheet with US lender Nebari to advance the Cloncurry Gold Project acquisition and development.

Hearts & Minds Investments Limited is reshaping its leadership by appointing seasoned executive Richard Howes as part-time Managing Director, following operational upgrades under outgoing CEO Brett Jollie.

Mount Burgess Mining announces the immediate resignation of long-serving Chairman Nigel Forrester due to ill health, appointing Dr. Steve Lennon as the new Executive Chairman to steer the company forward.

Almonty Industries reports steady tungsten market conditions and completes key financing for its Sangdong Mine, while posting a $34.6 million net loss in Q1 2025. The company advances its US Domestication and plans to restart Los Santos Mine in 2026.

Almonty Industries reported a sharp increase in net loss for Q1 2025 despite stable revenues, driven by significant non-cash charges on warrant and derivative liabilities. The company secured additional financing to support ongoing operations and project development.

Empire Energy Group has launched a $28 million equity raise to fund critical development activities at its Beetaloo Basin shale gas project, aiming for first gas sales in 2025. The capital will support fracture stimulation, flow testing, and installation of the Carpentaria Gas Plant.

Capstone 510 Copper Georgia Corp. has amended its revolving credit facility, increasing its size to $1 billion and extending the maturity date to May 2029, enhancing its financial flexibility for ongoing projects.

5E Advanced Materials reports Q3 2025 results highlighting operational progress with specialty glass trials and updated capital estimates, alongside a major debt restructuring and reverse stock split. Despite improved liquidity, the company faces ongoing going concern challenges.

Tasman Resources Ltd has announced a renounceable pro-rata rights issue aiming to raise up to $3.68 million to finance exploration drilling at its Parkinson Dam project and reduce shareholder debt. Major shareholders plan to fully subscribe, using loan repayments to offset their entitlements.